In order to protect their interests in this short but important rail link, in December 1919 the board of directors of the Michigan Central approved the acquisition of one half of the stock of the Lansing Manufacturers Railroad, and assumption of one half ($18,000) of the LMR's debt. The New York Central acquired the balance.Annual Report of the Directors of the Michigan Central Railroad Company for 1905, pg 8 From that point on, the LMR was a captive asset of the two larger railroads.
