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Railroad Trust Consolidation

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Pacific Press Publishing Company · Oakland, California · Jan 15, 1902

FromSigns of the Times, Vol. 28, No. 3.

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Railroad Trust Consolidation

THE Northern Pacific Railway Company has retired the entire amount of its preferred stock, and all the stock of the company has been taken over by the Northern Securities Company. The Securities Company will also acquire all the stock of the Great Northern Company, thus bringing under the control of the trust both of these railroads. It is against this combination that the governors of several of the Northwestern States have begun a legal battle.