Ann Arbor Road Sold

It Passes Into the Hands of a Syndicate

GOULD INTERESTS

Have acquired the Property Which They Have Wanted for Some Time

According to a dispatch from Saginaw, President Wellington R. Burt, of the Ann Arbor railroad, has confirmed the sale of the road to a syndciate in which the Goulds of New York are the controlling factors.

It has been understood for some time that the road was to have been sold to interests friendly to the Wabash Railroad Co., but President Ramsey of the latter company is quoted as saying that the purchase was not made directly for his road. The effect of the change, he said, would be an expansion of the business and that a large share of the traffic would be diverted from the Grand Trunk Railway and would go to Buffalo. The price paid has not been disclosed.

By ferry across Lake Michigan the Ann Arbor has direct connection with the St. Paul. Chicago & Northwestern, Wisconsin Central, Canadian Pacific, Green Bay & Western and Wisconsin & Michigan lines.