AUCKLAND TRAMWAYS

Hawera & Normanby Star, Volume LXXVII, Issue LXXVII, 24 May 1919, Page 7

AUCKLAND TRAMWAYS

PROPOSED CITY PURCHASE

(BY TELEGKAPH-—PBESg ASSOCIATION ) mL ■ . AUCKLAND, May 24. •. The City Council, at a special meeting, received a report by Mr Ferguson, c I wno reported on the valuation •ot the tramways that it was satisfaciVTor. n was no± excessive at ±.1,180,00Q for rights and assets as a .going concern. The Council decided to confirm a resolution authorising the and ordered a jroll to secure 4>1,250,000 t*> finance the undertakings.