Named after Margaret Quigley, James Mitchell's daughter. It has a bridge over a storm water drain called Fresh Water Creek . The office of the Clerk of Petty Sessions and a library room both in the old School of Arts building had their entrances in Margaret Street. People said that the house with a shopfront next to the Community Hall never operated as a shop. It is claimed that the Teralba Court proceedings were originally held in the Teralba Police Station in Margaret Street opposite the Clerk of Petty Session Office (CPS). The initial meetings of the Lake Macquarie Shire Council were held in the Court House in 1906. This house has its side built flush with the footpath on Anzac Parade. Originally it had shopfront type awnings overhanging the footpaths on Margaret Street and Anzac Parade. The court proceedings were moved into the School of Arts. After the police station moved Jim Simpson operated a fruit shop in the building. At the intersection with York street, Teralba's first shop was opened by Thomas Gordon and later taken over by James Bergin and was eventually temporarily occupied by T. C. Frith. See a photo of this shop in historical records. On the adjacent corner was Thomas Macnamara's butcher shop later operated by a relative Jack Harrison. They came from Cardiff, see more information about them in Cardiff records.
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