Toledo & Ann Arbor Is Financed

TOLEDO & ANN ARBOR IS FINANCED

New York, July 30.–(Special)––The Ohio and Michigan Traction company have completed all financial arrangements for the construction of their new line and are soliciting estimates from New York contractors. The new line runs form Toledo, O., through Petersburg, Dundee, Alger, Milan and Ann Arbor. It is about 48 miles long. The bids will be opened and the contract will be awarded on the first of September. Construction will commence as soon as possible thereafter.