Showing posts with label Toledo. Show all posts
Showing posts with label Toledo. Show all posts

Wednesday, March 7, 2018

Detroit, Toledo & Milwaukee

Calvin S. Brice takes hold and the offices may be moved to Toledo.

Toledo, Ohio, March 28. - Calvin S. Brice has again taken hold of the Detroit, Toledo & Milwaukee Line.  It is to have a complete new roster of officers.  N.K. Elliott has assumed management of the operating department, and new traffic officials are to be appointed soon.

The Lima & Northern evidently failed to pay the purchase price it was to put up for the road, and J.H. Seamons, representing Mr. Brice, came on to arrange the details for getting it back.  He is the financial manager of the road.

Among the early probabilities is the accepted one that headquarters will be removed to this city.  It is currently rumored an independent line will be tacked on the Michigan end of the road.

NY Times 3-29-1898

Tuesday, February 20, 2018

Absorbs Copper Railroad

Ann Arbor Company to develop upper peninsula business.

Manistique, Mich., Aug. 7. - By a deal which has been practically closed in the past few days, the Ann Arbor Railway Company has gained control of the Manistique, Marquette, and Northern Railroad, which extends from this place to Shingleton, forty-five miles, and connects there with the Duluth, South Shore, and Atlantic.

This line, which will be made an extension of the Ann Arbor from here, will give that road a large percentage of the vast timber and copper business of the upper peninsula.  The timber and ore will be carried from Manistique to Frankfort by the railroad's car ferry and shipped from there to Toledo by rail, making the latter city the distributing point for shipments to the East and South.

The railroad was renamed "Manistique & Lake Superior"

NY Times 8-8-1909

A Michigan Railroad Scheme

Holland, Mich., Oct. 1. - It is asserted by a resident capitalist who has interested himself in the scheme that the Detroit, Lima, and Northern Road will purchase the Allegan branch of the Chicago and West Michigan Road and make Holland its main port on the east of Lake Michigan, running a carferry between here and Milwaukee.  The name of the road will be the Detroit, Toledo, and Milwaukee.

NY Time 10-2-1897

The Toledo & Ann Arbor

Friends of the present management of the Toledo, Ann Arbor and North Michigan Railroad have held frequent meetings in this city for the purpose of devising, if possible, some means of extricating the company from its financial difficulties.  Vice President J.M. Ashley, Jr. has returned to New York from Toledo.  Reports were in circulation in Wall Street yesterday afternoon that a favorable deal with the Green bay, Winona, & St. Paul Railroad was underway, and that the negotiations may be concluded today.

President Samuel Sloan of the Lackawanna Road says that there is no truth in the statement that the Lackawanna has secured or is trying to secure control of the Toledo, Ann Arbor and North Michigan Road.

NY Times 5-2-1893