Analytical closed-form solution to the stress distribution associated with a hole in finite plates subjected to tension has not been obtained yet. Wherefore, a method developed in this paper is based on a Beltrami-Michell methodology analyzing the Kirsch's problem under finite dimensions conditions of both plane stress and plane strain. This aimed ability is achieved by combining the Beltrami-Michell plane equations, isochromatic information on the boundaries only; and the finite difference method into an effectual hybrid method for analyzing rectangular plates of finite width with circular holes. Furthermore, the Beltrami-Michell methodology suggested may be applied on other plate and cut-out forms.