16 July 1935: the world’s first parking meter is installed

Today, they are the bane of many a frustrated driver, the first parking meter was installed in Oklahoma City on this day in 1935.

15-7-14-Parking-meter-300

Parking meters took off in the 1930s

You can imagine Reverend CH North's frustration. Having just pulled up in his car in Oklahoma City, he hopped out and rummaged around in his pocket for loose change for the parking meter. Finding none, he ran to the nearest shop to get some.

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up
Latest Videos FromMoneyWeek
Chris Carter
Wealth Editor, MoneyWeek