Newspaper Page Text
THE MAUI NEWS-
SATURDAY, NOVEMBER 23, 1907
I
H
r
TRY
Cremo
The Smoke of a Crcmo Cigar Chases Care Away.
Taste the Sweetness of Content.
DC
At All Ciar
L
mm mm w wttmmmr imirmm itrw mtmrnmg
Don't, Worry
Lot us do that for
5 paid for. In fact, wo
jj cause wo know what
JE have it. Just glance
zz we have.
Kaupakalua Wine,
Extra Fine Port,
Belmont Whiskey,
Tomato Nectar,
If you are upset and cannot eat or drink any
thing let us send yoii a bottle of the Nectar. It
is used in all cities and has proven a great tonic.
There is no liquor in it.
Maui Wine
iiiiiijiijujiijiuiiJiiJiuiiiiKUiiiiiuHJiimiisjuiimuiiminK
The Lahaina
Chas. M. Cooke, Pres.
C. D. Iufkin,
R. A. Wailsworth, Director
Report to the Comptroller of the Currency
AUGUST Z2, 1907.
RRSOURES
Ioans and Discounts $ 36.037.S2
United States Bonds 6,250.00
Premium on U. S. Bonds 220.00
Other Bonds (quickly convert) 12,110.00
Cash and Due from Banks 10.248.8S
Furniture and Fixtures 1. 175. 00
Due from U. S. Treasury 312-5
$ 66,354.20
TERRITORY OF HAWAII
rniTKTv rnf math
SS
I. C. D. Lufkin, Cashier of the above
above statement is true to tlie best ot my Knowledge aim ueuei.
. D. LUFKIN, ashie r.
Siihwrilipil nml sworn to before me this toth dav of Auirust, 1007.
r -
TALKING
ABOUT STOVES
Will it not pay you to look into our fine lino of
GARLANDS and got a stove that will give
1
you absolute satisfaction. Wo have them in
all sizes, selling as low as 10.00 and all along
up to 70.00. When you want something good
in the stove, lot us quote you.
E.O.HALL &S0N, Ltd,
HONOLULU.
Foi? Best Results
MAUI
A
Ci&ar
Light One and
Stores.
you, that is what wo are
don't worry, simply bo- i
is needed and wo always j
at a few of the now things I
$1.25 per gallon
2.00 " "
5.00 " "
1.25 44 bottle
& Liquor
National Bank
Cashier Win. Helming, V ice-Pres,
W. Iv. IJccoto, Director
LIABILITIES!
Capital Stock 25,000.00
Surplus and l'rolits 259.30
Due to Banks 4,420.71
Circulation 6,250.00
Dividends Unpaid 30.00
Deposits 3.34.i9
$ 66,354.20
named bank, do solemnly swear that the
T. GARIA. Notary Public Sec. Jud. ircuit.
-
Advertise in the
NEWS.j
Aclii's PolttlcH,
3 The Eveulug Bulletin of the
lfith
instant published the following:
My Dear Sim rill Iaukea.
Sir: In the; P. C. Advertiser of
this morning I see that you stated
that "I and the class I stand for are
spoilsman, pure and simple," etc.
I admire you for your declaration,
and half believe that i'ou are no', a
spoilsman. only wish that you had
declared that before the last election.
Did vou come to my house on sever
al occasions before the last election
and in tho presenco of my friends,
who are the people you now say that
you would not have around you, and
to whom you yourself made promises
which I bilievo you would carry out?
Did not you on those occasions
promise me and my friends, that in
case we should give yu our support,
and if you would be elected, you
would appoint those whom I might
recommend on the Police Force? Did
not you make those promisses with
out any request from me?
Did you ccme to my office after
your election, in the presence of some
of my friends, and tell me to prepare
my list?
Were you not a Republican, and
because you fail' d to get the position
of Treasurer of the Territory, which
position 1 earnestly worked hard for
you, you withdred from the Republi
can party, aud became a Home
Ruler?
Did I try to yet a salary office in the
Territory, or any other Government
job in the Hawaiian Islands?
Did not vou, after knowing that
you had no chance to get an office
in the Home Rule party, withdraw
from it, and become a Democrat?
Did not you join the Democratic
partv with the idea that it was the
first step for you to get an office?
Now at this late date, while you
are enjoying the fat office of Sheriff
of the County of Oahu, through the
Democratic party, I believe you know
in you mind that your Democratic
friends have no further use for you,
because vou ktiov thatinstoad of vou
taking advice from your Democratic
friends, you threw them out, and
followed the advice of the P. C. A.
Now you propose to start a Good
Government League. Why?
Are you not thinking of getting the
nomination for Mayor for yourself
and the nomination for Sheriff for
your friend, the P. C. A. of Hawaii?
Is Achi the Spoilsman or Sheriff
Iaukea? The eclio cries: Iaukea!
Iaukea!!
It is an abomination to you for me
or my friends to be around you? If
o, your body must be a holy one.
To my belief the American politic
is that when you promise something
to your workers, you should carry it
out.
Very respectfully yours,
W. C. ACHI.
The a'love letter was flung forth
by Achi this morning, aud his followers
strongly echo tho sentiments express
ed in it, condemning the Sheriff
strongly for not rewarding political
assistance with jobs.
"I really see little in t'.ie letter that
is worth while talking about," said
Iaukea this morning. "It is true
I hat Achi promised me his support
in the campaign, and I went to his
house to see him about it, as I would
do in any cac of that kindTlt f also
true that I said that 1 would place in
office men whom he recommended. I
am also always glad to consider the
recommendations of anyone, but tho
men who are recommended must be
fitted to hold office in ordor to get
appointed by me, aud that holds good
with regard to Achi as well as with
everybody else. I certainly never
gave Achi carte blanche to have
made whatever appointments he
wanted on the police force. I do not
cither seek the position of Mayor,
and am not working for it."
If the Achi forces ever had any idea
of deposni" Chairman Hustace of the
Hoard of Supervisors, they have cer
tainly not any such intentions now.
They state openly that the only move
that they know will be made will be
the divorce of the road and the gar
bage departments, and say that a
resolution recommending that such
action uill be taken, will probably be
brought up at the next meeting of
the Hoard of Supervisors. But even
in thi& matter, they say, tho Super
visor's are acting on t heir own initia
tive, and that Achi has no connection
whatever with the move. In view of
tin fact what the sole object of the
move is merely to create additional
oflics it would seem doubtful that
the Supervisors would havo tho pre
sumption to tako such a step lu the
face of public sentiment against load
ing the County machinery with use
less expense.
Achi himself this morning made the
strongest possible denial of tho state
ment.that he was back of a move on
the part of a majority of the Board
to unseat Hustace. "T have never
claimed that I controlled a single
Supervisor," lie said. "And as a
matter of fact, I do not want to see
Hustace removed as chairman. I
believe that Hustace is an honest
man and a smart man, and he is tlie
best man m tlie whole bunch for tho
position. I never had anything to do
with that deal."
Supervisors Dwight, Harvey, Pern
and Kenloha all stated this morning
that they had nothing to do with tho
alleged Achi move to oust Hustace
Dwight stated positively that he
thought that Hustace was better
filled for the chairmanship than any
other member. The others would
not say whether Ihoy were against
Hustace in that position or not, aud
Harvey voiced tlie opinion that he
had been too bossy in his attitude to
wards tho other members of the
Board.
Honolulu Stands Rciuly to
Protect.
Honolulu, November 10. While it
has become almost a fad with lina
cial institutions throughout ll e
States to issue clearing house certi
ficates, that expedient has not yet
been introduced in this city, but from
statements credited to Mr. Spalding
of the Claus Spreckels & Co. bank
this city is ready to get in line if need
be.
Mr. Spalding thinks-that there
sufficient coin m the Territory to
carry business along without resort
ing to the bluoipaper method, but
notwithstanding this assurance, pre
parations have been made for a clear
ing house and the issuance of clear
ing house certificates.
It was thought that the ninnied in
terests locally might be slighth em
barrassed through the wi(hdrawa) of
so much coin from circulation to pay
up taxes, but it seems that any fear
from that source is unfounded.
Mr. Spalding savs, regarding the
financial situation locally:
"There is nothing whatever in the
local situation to cause uneasiness
Tho banks are in touch with tlie
Coast and in touch with cacli other
As soon as the Coast banks can begin
to get shippments of gold from tlie
East, their situation will clear, just
as ihe situation in' New York lias
cleared as gold has been received
from Europe "
Books Very Much Juggled.
Honolulu, November 18.
Honry C. Hapai, Register of Pub
lie Accounts, who last week made an
examination of tho books of the, col
lapsed Realty and Maturity Company
Ltd., lias made his report to Attorney
General Hemenway. The report is
more remarkable for what the exam
inor did not find than for what he did
The cold fact of tho matter appears
to bo that some of the books have
been either destroyed or carried away
a circumstance which is in itself sus
picious in tho mind of the Attorney
General. This, taken iu connection
with improper entries,'cash received
and unaccounted for, and the general
juggling of the books, would be
enough to put an ugly look on the
whole matter.
Whether any criminal prosecutions
will ensue from tho exposure of tho
peculiar methods of the company and
it evident insolvency has not yet
been decided. Attorney General Hem
enway stated this morning that while
tho circumstances are certainly sus
picious and the whole business smells
of crooked woik, the evidence as yet
collected is not sufficient to warrant
arrests. Tho matter will bo taken
into-the bankruptcy court, and in tho
course of proceedings there it is be
lieved that, if the actions of the offi
cers of the company have been actual
ly criminal, evidence will come out
which will warrant prosecution.
Registrar Hapai's report is as fol
lows:
November 15, 1907.
Honorable C. R. 'Hemenway. Attor
1103' General Territory of Hawaii.
Dear Sir: In conformity with the
provisions of Section 3, Act 08 of the
Session Laws of 1905, and in compli
anco with yo-r verbal request, I per
sonally examined into tlie affairs and
condition of the Hawaiian Realty &
Maturity Company, Limited, a cor
poration organized aud existing un
der and by virtue of the laws of the
Territory of Hawaii, by articles of as-
ociation filed March 29, 1901, and
beg to submit herewith the following
report:
I fcund it impossible to cheek the
books of said company or to make a
satisfactory financial statement for
reasons as follows:
The original books of entry, viz:
cash book prior to July 1, 1905, and
journal, wore missing. It was there
fore impossible for me to check the
orig'nal ledger, which, from all ap
pearances, appears to be unir.tellig-
iblykept, and upon close examination
I am of the opinion that certain en
tries were improperly made and cash
receipts unaccounted for. It was,
then, a question how to arrive at the
status of the company as of a certain
day, from evidences available, using
only the membership ledger tr ascer
tain tlie total deposits and withdraw
ds.
I decided to make the 31st day of
October, 1907, as the last day to
make my calculations, and by refer
ence to memo on file with tho com
pany, I found the following:
Cash balance in tlie First
National Bank of Ha
waii, Oct. 27, 1907.... $ 101.67
Mortages outstanding. .. 1,8(31.47
Real estate as per convey
ance by Annie Holt
Kant well and husband
to the corporation 50,940 00
Less sale cf Makaha in
terest in said convey
ance $ 1500
Waialua interest. 5000
7,500.00
$ 29,440.00
There also appoi rs on tlie ledger
to tho credit of said real estate ac.
count $7750, which I found no evidence
of such transaction, nud is one of the
entries 1 referred to above as impro
perly made and c.ish unaccounted for;
leaving a debt ot tlie real estate ac
count $21,090.00. Total assets, $23,-
703.04.
I may add that the cash-bock eutry
of the above $G000 is unsatisfactory
and requires explanation; also the
$7750, which I have been unable to
find in any transaction connected
with tho $30,910 conveyance. How
ever, ther e is no alternative but to
have tlie entry us made, and what
became of the cash is a question.
The jugging of the accounts under
tlie head of Real Estate, and the
omission of proper cash entires of
amounts credited to the said account,
made it impossible for me to ascer
tain where and how the money was
disposed of.
The above are ail tlie assets of the
company I was able to find.
To arrive at the liabilities, the stock
account kep tin the ledger was worth
less; I had to rely on the stock cer
tificale book and from what memo
appearing mi the stubs I found that
the stocks outstanding and unpaid'
amount to $17,5G0.
It was then a question how to as
certain the amounts due the mem
bers as per leposits made from time
to time. Although juggling of ac
counts appears on the membership
ledger, it was tho only evidence a ail
able from which to mako this report.
Taking in consideration the condi
tions set forth by the mcmber.-hip in
vestment certificates or debenture
bonds issued by the company, I arriv
ed at the following figures:
Total amount
paid in full
cs required
by cert id
eate $17,250.00
Less loans on
stock 1,553.50 $15,090.50
Total paid by
meirbers who
failed to pay
up the full
amo unt as
requl red by
certificate.. $5G,u57.00
Loans 9,000.30 $47,050.70
Total liability $80,313 20
Showing an excess of liability of the
company by $50,010.10
I omitted the furniture and
fixtures which tlie com-
pau value at $010.22
And no:es and I O
U's unsecured a-
mounting to and
which I consider
worthless $3118.39 $3,704.01
Balance - $52,840 55
How the $52,810.55 was disposed
of at tlie loss of the depositors aud
shareholders is for the management
to explain, as it is impossible for me
by tiievcoiiuitiou ot tuo uooits to as-
certain how subh a large amount was
disposed of. '
I beg to state that I took no notice
of tlie expense or any other account
bearing on the affairs of tlie com
pany for the reason that tlie entries
were improper) made. However,
tlie Profit and Liss account shows a
debit balance of $90G.07, June 30,
19H0; but how the entries wore made
I am unable to report for the reason
that the journal was missing, and
from all appearances it is clear to
my mind that the company was oper
ated without consideration ,of tho
depositors' interest.
Bctore closing, I feel inclined to
repeat the fact that the liabilities of
the company, as set forth, wore cal
culated only from receipts from dues
and stock certificates as I found
thorn, being unable to find any other
account whorthy of notice.
Respectfully yours,
HENRY C. HAPAI,
Registrar of Public Account?.
Arrested for Larceny.
A young man by the name of Hoo
pii vns arrested for larceny Thurs
day night. He was accused of steal
ing a keg of wine from the Central
saloon.
He plead guilty to the charge and
will bo sentenced next Tusday. It
is said that there were a number -of
young men implicated in the theft
and that, other urrests will be made
iu this connection.
Sule tit Alexander House.
This sale Is for the benefit of tho
Settlement work and will take placo
on Saturday evening, Nov. 23, 1907,
7:30 P. M.
Tt will consist of tlie following arti
cles. Children's dresses, kitchen
aprons, fancy aprons, embroidered
belts, work bags, fancy bags, collar
holders, calendars and Christmas
novelties, ilima leis, beautiful paper
flowers, a fish pond for the children,
pop-corn, home-made candies, ice
cream and soda water.
All are cordially invited.
WA1LUKU EXPRESS
AN TONE DO UEQO, VltOP.
,i
DRAYING and EXPRESSING
Contracts taken for Hauling.
Telephone No. 428.
Oflice:
Queen' Lodging House, Main Strest
NOTICE OP POWER OF
. TORNEY.
Notice is hereby given that, during
my absence from the Territory of
Hawaii, D! II..Casoof Wailuku. Maui,
will act as my attorney in fact.
t f. CHARLES D. LUFKIN.
BISMARK STABLES CO.Ud
WAILfJKU, MAUI
LIVERY, HOARD
The BISMARK STABLES
pnposes to run the Lkadino Eiveuy
Staule Business on MAUI
f
DRUMMERS' LIGHT WAGQNS
Excursion Rates to Iao and Ha'e
akala with competent guides
and drivers
NEW RIGS- -NEW TEAMS
NEW MANAGEMENT
CENTRAL SALOON
M.niCET Stiu., Wailuku
ANTONE B0R3A, Prop.
Full lino of popular brands ol
WINES, LIQUORS,
CORDIALS. BRANDIES
WHISKIES, GINS
Etc. Etc.
Celebrated Primo & Seattle
Bottled Dour
25c 2 Glasses 25c
NOTICE.
Shooting on, the land of tho Halei
akala Ranch Co. is strictly piohibit
ed. L von TEMPSKY,
Manager.
Nov. 2, 9, 1G, 23."
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