The Monroe and Toledo Railway is a defunct railroad which operated in southeast Michigan during the mid-1890s. The company was chartered on March 29, 1893, with the proposed object of constructing a line from the Flint and Pere Marquette Railroad's Monroe terminal to the Ohio border, just north of Toledo.[1] On November 15, 1896, the M&T completed a line from Monroe to Alexis, north of Toledo.[2] In 1897 the F&PM purchased the M&T outright.