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The Street Railway

The Street Railway image
Parent Issue
Day
15
Month
May
Year
1894
Copyright
Public Domain
OCR Text

Mr. McReynolds, of Bangor, Maine, representing the Eastern jondholders of the Ann Arbor street railway company is expected in the city this week for the purpose of either forming a syndicate to run the street railway or else to close out the stockholders and get the road in the possession of the bondholders. It is high time that somehing of this kind was done. The street railway properly run in his city could do a good business and it certainly is a great accomraodation to the public. It is said that the proposition the ondholders have to make is that hey will advance $15,000 of the $30,000 necessary to re-equip the oad, build the extensions for which he road has franchises, and erect a )ower house and put boilers in it, roviding the stockholders will advance the other #15,000.

Article

Subjects
Ann Arbor Argus
Old News