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Show Morgan Becomes Owner of Big Concern in Detroit Detroit, Mich., March S. The Detroit De-troit News today says: "A deal of Immense importance in Ihe automobile world, and one which promises to add much to Detroit's industrial in-dustrial nd ancement, wn'loeed yesterday yes-terday in Now York, by which the entire en-tire plant and ptoe; holding.? of the R. M F. companv we're transtern-d lo J. F. Morgan & Co. The price paid was ?G,onn,niin, it. is said. "J. I. Rook, vice-president of the T. H. F, company, says that that prop erty alono will ultimately he capitalized capital-ized at from J'.o.riOii.nuo to $50,G'M.00O. "It Is tn:e that the stockholders of the K. M. F. compuny have sold lo Mr. Morgan," said Vice President Rook last night. |