The book Durban Fifty Years Municipal History was written by author W P M Henderson Here you can read free online of Durban Fifty Years Municipal History book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Durban Fifty Years Municipal History a good or bad book?
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) entered into occupation of the Governor's Marine Residence on June 29th, 1904. Thus marking the consummation of an object which the Town Council had striven for a period of over 30 years to accomplish, viz. , the provision of a Marine- Residence for His Excellency the Governor. •222 DURBAN: [1904] In October, 190;3, a Municipal loan of £300, 000 was floated on the London Market l)y the Town Treasurer (Mr. W. II. Dyer, J. P. ). At any time a task requiring skilful handling, the flotation of th...is loan was ren- dered the more difficult by reason of the financial de- ;pression at that time prevailing throughout South Africa and of course affecting the London Market. Under these circumstances, the Borough was for- tunate in being able to float this 4 per cent, loan at 97, -the confidence of Home investers being evidenced by the fact that applications were received for more than twice the amount required. On the 31st July, 1904, during the Mayoralty of J. Ellis Brown, Esq. , J. P. , the BorougE of Durban completed the first fifty years of its Corporate exist- 'onco.
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