Milwaukee, Wis., Dec. 21. - Milwaukee merchants and shippers are in receipt of a prospectus issued by the Central Michigan Railroad Company and the Michigan and Ohio Belt Line Railroad Company, which propose to furnish Milwaukee with new railroad connections with the east. Local railroad men who have no interest in the project say they understand the projectors of the roads have good financial backing.
The object of the organization of the companies named is to maintain a continues line of rail and water way from Milwaukee by way of Grand Haven, Grand Rapids, Battle Creek, Coldwater, and Camden. Mich.; Napoleon, Bowling Green, Fremont, and Cleveland, Ohio. This line with car ferry connections between Milwaukee and Grand Haven, would carry through freight to the Atlantic seaports, including Newport News, while freight westbound could be sent all over the Northwest from Milwaukee.
The railroad connections of the line as proposed will be the Chicago and Grant Trunk, Pennsylvania, Michigan Central, Lake Shore, Baltimore and Ohio, Erie, and the Norfolk and Western. It will also make direct connections with the Cincinnati Northern and the Cincinnati, Hamilton, and Dayton for Cincinnati and southern Points.
An issue of $7,000,000 5% first mortgage gold bonds has been arranged for.
NY Times 12-22-1898
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