DENY THAT ROAD HAS BEEN SOLD

DENY THAT ROAD HAS BEEN SOLD

The report is again current on Griswold street that the deal for the purchase of the Detroit, Ypsilanti, Ann Arbor & Jackson electric line by the Detroit United has been practically consummated. It is asserted that the only thing remaining to be adjusted is the proportion of bonds and cash which the present owners of the Ypsi-Ann shall receive in exchange for their property.

All of the officials of both parties, however, deny that the sale has been consummated, though it is not denied that negotiations are in progress. F. S. Brooks, who has control of matters at the Detroit United office during the absence of President J. C. Hutchins, said he had heard nothing about it, and S. F. Angus, who, with J. D. Hawks, controls the Ypsi-Ann, said, "The story is not true."

"Are there no negotiations on for the sale of the property?" Mr. Angus was asked.

"I don't care to say," was the reply.

-Detroit Free Press.