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| Topic: |
Business
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| Number of pages / Number of words: |
12 / 3095 |
Essay's paper body
Before long, however, the town leaders of
Bendigo saw a need to help people move into more permanent accommodation. It was this
need that spawned the Bendigo Permanent Land and Building Society.
The concept was simple. The building society would collect contributions from everyone in
the community...
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The building society would collect contributions from everyone in
the community. Once enough money was collected to erect a building, a drawing would be
held, and whoever's name was drawn would receive the money to erect a permanent
building. Everyone continued to contribute, even those who already had a building, and this
continued until everybody in the community had been moved into some sort of permanent
building...
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