 By 1901 only two of the locomotives were still in operation, and the last steam tram ran on 13 January 1901 – the Hedon Road line was served by wagonettes until the electric tramway was opened in 1903.The Hull Corporation acquired the "Hull Street Tramways" in 1895 and an agreement had been made to purchase the "Drypool and Marfleet Steam Tramways Company" in 1894, (the company was purchased in 1899).In 1896 the corporation got permission from Parliament to construct and operated an electric tram system, and to get loans of £300,000 in funding.