_The Evening Post_, 2 Sept 1922:
KELBURN CABLE SYSTEM
CITY’S PROPOSAL TO PURCHASE
Negotiations are still proceeding in reference to the proposed purchase of the Kelburn Tramway Company’s cable tramway by the City Council. The council has not yet received a definite reply to its offer to acquire the undertaking. The council has offered the company £45,000 [= ca. $5.3M today].
https://paperspast.natlib.govt.nz/newspapers/EP19220902.2.56
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