Reorganization Of The Ann Arbor

NEW Yohk, Nov. 1.- The reorganization oommitteo of the Toledo, Ann Arbor and North Michigan rail rond company, of which George W. Quintard is chairman, has adopted a plan of reorganization willen próvidos tliat the existing inortgages are to be foreclosed and the property rights and fnmchisi's purchasod under said foreoloBures by the committee. It is proposed to forra a ïicvv company under the laws of the state of Michigan.