54
Loan Repaid
With the announcement recently that the loan for the Gisborne tramway system had finally been paid off came these two pictures from Mrs A. H. Willams, 7 King Street. The system was started in 1913 and discontinued in 1929. Due to the odd set-up of raising loam in the early part of this century, and the unsatisfactory method of loan repayments;then, it has taken all this time to clear the debt. Fortunately this kind of thing would not happen today.