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What is Best for Maui
Is Best for the News
If you wish Prosperity
Advertise in the News
WAILUKU, MAUI, H. T., SATURDAY. AUGUST 3, 1907
Improved or Unimproved
At Prices to please small investors
We have properties in
Either for cash or part cash and
balance in installments.
We sell and buy lands in all parts
of the County of Maui.
Twenty years experience in the real
estate business in the Hawaiian
Maui Realty Co,
J. M. VIVAS, Manager.
High Street, : : Wailuku
Ft f 1 m 1 .tj'jag!iwwrwTTT'nnf sarong
About a week ago wo received
some exceedingly handsome Shoes
and Slippers from the East, not
from S. Francisco, but direct from
.the East. This enables us to sell
them cheaper than any other store
.on Maui. Ask for a pair of Men's
soft, elegant Romcos. They will
fit you like a glove. And our snug,
comfortable Men's Embroidered
Slippers are nice to slip on when
you come home in thcrovening.
Let us show you our Ladies',
Girls', Boys' and Babies' Shoes.
Also our Barefoot Sandals, Rub
bers, Tennis Shoes, White Canvas
MAUi DRUG STi
V. A. VETLESEN, Prop.
The Bank of Hawaii
Incorporated Under the Laws of
thq Republic of Hawaii.
SURPLUS t. $200,000.00
UNDIVIDED PROFITS ' $70,000.00
Chas. M. Cooke President
P. 0. Jones Vice-President
C. H. Cooke Cashier
C. Hustaco Assistant Cashier
E. D. Tenney, J. A. McCandless,
C. H. Atherton, E. F. Bishop.
Trausact a General Commercial
and Savings Business.
THE FIRST NATIONAL BANK OF WAILUKU
Ctias. M. Cooko, President W. T. Robinson, Vice-President
C. D. Lufkin, Cashier
R. A. Wadsworth, Director D.H. Case, Director
FIFTH ANNUAL STATEMENT
AT THE CLOSE OF BUSINESS JUNE 30, 1907
Loans and Overdrafts 5122,237.50
U. S.. Bonds 16,500.00
Premium on U. S' Bonds . 450.00
Other liomU (Quickly con
Cash on hand and due from
Haukiui; House Furniture and
Fixtures 1 7,300.00
Due from U. S. Treasury 825.00
TERRITORY OF HAWAII, )
COUNTY OF AUI, h!s
I, C. D, Lufkin, Cashlor'of.tho abovo named bank, do solemnly swear
that the above is trui to tbo best of my knowledge' and belief.
A C: u. LUHvIN, CASIIItll.
Subscribed and sworn to before mo this 2nd day of July, 1907i
HUGH M. COKE, Notary Public Sec, Jud; Circuit
TENNIS AND POLO
Much Interest Shown in Tournament which will
begin next Week-Fine Horses and Skilled
Players from Maui,
TAX COURT RENDERS-DECISION.
The Appeal of the H. C. & S. Co. is Sustained The Wailuku
Sugar Co. Profits by appeal Engagement of Prominent
Young Couple is Announced.
POLO AND TEN N I.N.
The polo and tennis enthusiasts
of the Territory plan to have the
tournaments that arc to take place
in Honolulu anu will continue
from the 7th to the 17tli inclusive
a gala week of unsurpassed inter
est and all lovers of polo or tennis
should he on hand and are insured
a good time by the Honolulu peo
ple if they will attend.
Polo will be played on the 10th
14th and 17th and tennis will oc
cupy the time on each of the days
on which polo is not, played.
It is desired to have as many
tennis and polo players attend as
The Maui polo horses were sent
down Wednesday in charge of
Harold Rice who will place them
in the Mo'ahalua stables. The team
will leave Maui Monday by the
Manna Loa. They are F. F. Bald
win, C. C. Krumbhiiar, Sam Bald-,
win, and David T. Fleming
Of the tennis players : who .will
go down ar'e some of the polo play
ers und Harold , Rice and Mr.
Savage and others.
A grand time is assured.
TAX APPEAL COURT
1 lie tax anneal court lor tlie
county of Maui rendered its de
cision last Thursday and wo give
herewith its decision in the appeal
of the Hawaiian Commercial and
Sugar Company and of the appeal
of the Wailuku Sugar Company.
The decisions arc as follows.
APPEAL OF THE HAWAIIAN
COMMERCIAL & SUGAR CO.
FROM THE DECISION OF
THE TAX ASSESSOR IN THE
MATTER OF INCOME TAX
RETURNS FOR THE YEAR
This question, referred to the
Tax Appeal Court is decided in
favor of the Appellant on the
grounds that Depreciation in the
Capital Stock . $ 35,000,00
Surplus and Profits....! iS,6io.io
Dividends Unpaid 1,400.00
valuo of np'pliances, machinery
and other utilities is a business ex
pense, and as such,' comes under
Sec. 1281 Revised Law? of Hawaii
1905 as "Losses' otherwise actually
"Referring to Sec. 1282, Revised
Laws of .Hawaii l'JOo, we find the
following on lines 11 and 12 of
said section: "Second, the ex
penses of such corporation exclusive
of interest, annuities, and divi
That depreciation is considered
to be "Loss actually incurred" in
tlie conducting of an aggregate en
terprise for profit is shown by the
fact that in making returns of the
actual cost of manufacturingfgoods,
such as sugar, flour etc., per unit
of weight, careful managers always
include tlie depreciation as part of
the cost of production. It may
further he shown that. Banking In
stitutions in dotorinining the value
of machinery etc., offered as col
lateral security for loans extend
ing over a long period, invariably
take into account the inevitable
depreciation in the value of sue!)
security due to use and time, in ad
dition to other possibilities of re
duction in value.
If then depreciation is pari of
cost of production, and tends to
1 jt 1 . ....
ruuuuu mo vauie 01 a capital in
vestment, it is an expense and the
undersigned so decide.
APPEAL OF THE WAILUKU
PLANTATION C O M P A N Y
FROM THE AMOUNT OF PRO
PERTY TAX IMPOSED BY
THE BOARD OF EQUALIZA
TION AS TAX RETURNS FOR
THE YEAR 1907.
Wailuku Plantation Go. valued
its property as an. aggregate enter
prise for profit at $1,700,000.00.
The Board of Equalization valued
it at 2,380,000.00. The appeal of
the plantation Co. is against the
Tho evidence submitted on both
sides has been given, due considera
tion and the Tax Appeal Court
after going over every item as per
schedule attached, returns the
taxable valuo of tho aggregate en
terprise for profit known as the
Wailuku Plantation Co. at $2,000,
000.00. ENGAGEMENT ANNOUNCED.
The engagement of Miss Char
lotte Baldwin to Mr. Harold Rico
Tho announcement was made
by Mrs. II. P. Baldwin at an at
homo on Monday afternoon of this
week at the Baldwin homo at
Miss Baldwin ia the youngost
daughter of Mr. and Mrs. II. P.
Baldwin and has a host of friends
throughout tho Territory..
Mr. Harold Rice is a member of
0110 of tho oldest and host known
families of the Territory. He is a
son of Mr. and Mrs. W. II. Rice of
Lihuo Kauai, He holds a respon-
sible position with the Hawaiian
Commercial and Sugar Company,
He has received many congratula
tions on winning the hand of so
charming a youii" ladv as Miss
CELEBRATED TIIIJIH FIRST AN
The Maui Shinbun celebrated il
first anniversary Sunday. A dinner
was given by the manager of which
many persons of different nation
alities were present. The menu
consisted of Japanese dishes served
111 tho Japanese custom. Speeches
wore made by many prominent
Japanore and others.
N. K. Otsuka, tho editor and
manager interpreted the speeches
into the Japanese language.
A pleasant evening was enjoyed.
BROWN COULD NOT STAND
Honolulu, July SO. John Brown
couldn't stand prosperity. He had
to go down to Kakaako and gel
drunk to celebrate, and as a result
he will spend the next 18 months
in the Oahu jail meditating on his
John was a paroled prisoner
He had been sentenced to jail for
seven years for. robbery, but there
had been mitigating circumstances
and ho had been a remarkably
good prisoner. In fact, for a con
siderable lime he had been a trusty
and was allowed to work outside
the prison gates and about town
inuring tnai lime lie never gave
any trouble or got into any scrapes.
As a result of his good conduct, the
Board of Prison Inspectors about
four months ago paroled him.
For three months Brown behav
ed himself. Then he got cocky.
Ho seemed to have Hie idea in his
head that a parole worked the
same as a pardon. Ho went down
to Kakaako and picked up a Porto
Rican woman, and reports began
to come in to High Sheriff Henry
about the wild doings of John.
Last Sunday the High SheritT
had a watch set on Brown and the
reports were verified. Brown was
drunk and running Kakaako witl
a high hand.
Yesterday he was haled before
the Board of Prison Inspcctorb
again and was sent back to the jail
to finish out his term. There is
about a year and a half of it re
maining, and for that length of
time John will work for tho Terri
tory and reflect on how foolish he
"This occurrence does not in Ihe
least shako my faith in the parole
system," said the High Sheriff this
morning. "I believe it ia one of
tho greatest things in tho way of
reforming criminals that we have.
It is better than pardoning them,
for as long as they arc paroled
they know that thoy have to be
have themselves if they don't want
to be sent back to prison. When
a man breaks his parole, all we
have to do is to haul him up and
send him hack to jail again with
out any court proceedings. A
man is given the chance to get in
tho habit of doing as he Bhould,
which he would not do perhaps if
he had a full pardon.
"This affair of Brown'a will be a
lesson to tho paroled prisoners, It
will tsach them that they can't
get out of jail and abueo thoir pri
vileges without having them taken
William Bell has accepted u posi
tion with the Kahului Railroad Coin-
pany mid will occupy tho houso in
Wailuku formerly occupied by W. S.
Mountcastle. Mrs. Bell will continue
in hor position in the Kahu!ui Store.
S. Litchfield is run down by Walter Dillingham
on Beretania Street and is Seriously
Injured He may recover
JAPANESE SUFFERING IN VICTORIA.
Kumcric's Japanese Passengers
railing to laid iimploymcnt,much Suffering Ensues
Great Hotel Collapses Many Probably killed.
(SPECIAL TOTlia fllAUl NEWS.)
Sugar 90 deg. test SA)lVfo Beets 9s 7Ad.
HONOLULU, Aug. 2 S. S. Litchfield, victim of an auto accident
is slightly improved. There are hopes of his recovery. In case of his
death the autoist must answer for manslaughter. Gault and Dilling
ham may he arrested today.
Robt. Shingle makes a statement relative to the Mahuka site and
quotes interesting cablegrams and lettets which place the Waterhouso
Trust Co. in a good light.
The Japanese laborers who left on the Kumeric arc suffering in
British Columbia. ' Consul Saito advises no further departures.
SEOUL, Aug. 2. There was an outbreak yesterday in which 120
persons were killed or wounded. Japanese troops have quelled - tho
NEW YORK, Aug. 2. The Korean delegates to the Peace Con
ference will ask Roosevelt intercession for Korea.
PARIS, Aug. 2. Rostrand, the dramatist, is seriously ill. .
HONGKONG, Aug. 2. A part of tho Hongkong Hotel, one of tho
finest in the far East, collapsed yesterday. It is feared many persons
JACKSON. Miss.. Allir. 2. Willhinie: i lnndinrr !., il,
. ' ' a-
Scnatori.il contest in Mississippi.
MADRID, Aug. 2. France, Spain and Italy are sendintr wnrshins
to Casa Blanca.
BERLIN, Aug. 2. Lightning killed G persons here yesterday.
HONOLULU, August 1. Waller Dillincham while drivimr liiq
automobile on' Beretania street ran
ll 1 I'll -m -w
uio empioy 01 me von namm-ioung
Eye witnesses state there was a race
and Gait in their three machines.
Justice llartwcll says that the
Hawaii must be strongly fortified.
Carter says that the only
it with him is to reject the Mahuka site for tho Irwin site for the Fed
It. O. Brown has been appointed
ment of Labor for the Territory.
F. W. Milverton is an active
General of the Territory.
LONDON, August 1. The Navy
stallation of refrigerators in all waiships for Iho prevention of ex-
plosions 111 tiie-magazines.
COLON, August 1. Serious si'nkinc in road hrid fps nil Min
struction railroad necessitates the
purpope of traffic.
SEOUL, August 1. The Korean army has been disbanded.
VICTORIA, August 1. The recent influx of Jaimnesn lnlm
from Hawaii and the reports that many more arc to follow is exciting
intonse feeling among the labor unions throughout the province.
ST. PETERSBURG, August 1.
ocean voyage for the purpose of meeting the Kaiser.
SAN F-RANCISCO, August 1.
take a vacation.
SAN FRANCISCO, August 1.
taken tho oath of ollice.
Schmitz claims to be the legal mayor of tho city.
Supporters of Mayor Taylor have secured a teirmnv.nrv j-i:i...
against tho bchnittz supervisors.
Britt won the decision over Nelson. Tho fiuht Wnnt n.
Nelson was badly punished. In tho
AUGUSTA, Maine, July 81. A
liquor trade on account of the intention of the Governor to sign tho
NEW YORK, July 31. Another
who was murdered and whose body
TANGIERS, July 111. Raisuli
requost of the British Minister the
SCRANTON, July :U.- Four
lavo gone on a striko,
HONOLULU, July 01. The
receive over o0 per month have beon
Secrotary Straus says a liboral
law will be given
Land in British Columbia but
-w..v.... ill .11 unit 1 jr
down S. S. Litchfiold, a clerk' "in
. ' . .
Co. Litchfield is seriously injured.
on between Dillinirhfii.. nnrir
Washington officials state that
disbursintr auent for thn nonnri
candidate for the nosition nf Ah
Department has nr.W.l fl,o 1.,.
double tracking of the road for tho
Tho Czar has returnn.l tv ..
Tho Haywood m-osemitn
- Scyon Schmitz Slllinrvisnra lmn
last round ho was all but out.
state of chaos nrovniU l,or .1...
Woman was fontnl Unra
had been mutilated.
threatens to kill MoT nn a.
vKtvila C IJ1U
troops have been withdrawn.
thousand four hundred silk workers
salaries of nil tftnnt.nrj ul,n ... .
cut three nnr nont
construction of tho immigration