Newspaper Page Text
THE GARDEN ISLAND, TUESDAY, JUNE 28., 1921
A KAUAI POME
If writing this junk
That you see printed here.
If shooting the bunk
The rest of the year,
Would ratka you all atop
And swear by all holy
To be on the spot
On the Fourth at Walpoull,
I'd grab my old pen.
Or typing machine,
!i is! ji i i! i 1m i i rn ri
Ly yM, juyij
jlf , ! jj ,hi
Ill If' ; ill lij 1 j'i!
The Commercial Trust Co., which
filed its articles of incorporation a
few weeks ago willo cccupy the first
and part of the second floor of the
new building which is to be erected
on the former Union Grill site on
King street, Honolulu. The Union
Grill will occupy a part of the build
ing, construction for which is aire idy
Emory & Webb, Honolulu archi
tects, have prepared the plans and
specifications for a three story, con
crete building. Charles Ingvorsen
has the contract for the building.
Permanent officers of the bank
have not been announced as yet.
The temporary officers, for purposes
of incorporation are: James W. Rus
sell, president; P. C. Beamer, treasur
er; Fred Patterson, Senator Russell's
law partner, secretary. Other In
corporators are: Herbert A. Truslow,
treasurer and manager of the Secur
ity Trust Co. Hilo, and William Wil
liamson of Williamson & Buttolph,
Capital is $250,000
The company has issued an invita
tion to the people of Hawaii to join
in the companies and is placing on
the market through Williamson &
Buttolph of Honolulu and the Secur
ity Trust Co., of Hilo, a limited num
ber of shares at $12.50 per share.
The capital of the Commercial Trust
Co. is 1250,000. The company pro
poses to Immediately organize and
will own the controlling interest in
the Hawaii Bank of Commerce. Both
institutions under one management,
will be housed in the new building.
The estimate is made that the
new building will be ready for occu
pancy about August 1. The bank
and trust company will occupy the
first floor and a part of the second
and remaining portions of the build
ing will be rented as offices. In the
back part of the second floor the
bonl'. will have its board of directors'
room and a men's locker rocr.
The front of the building will be
of concrete and marble construction,
with a marble base course. The bank
will have Columbia marble tile floors
and the counters will be of San Saba
marble, a Texas marble, with verde
antique marble for the bases and
The Waterhouse Co., is furnishing
all the bronze grill work, the vault
doors and linings and the safety de
posit boxes and fittings, both for the
vaults and the counters. One side
of the lower floor will be used as the
trust and real estate department and
the other by the bank proper.
The same executive staff, and di
rectors will control the affairs of
both the bank and the trust company
and the inauguration of the two in
stitutions under one management and
in the tame general offices will mark
a new feature in banking and fiduci
ary service in Hawaii.
The organizers point out that there
Is a demand and a real need for such
a combined Institution, or affiliation
for the purpose of affording service
to the smaller business interests that
seek greater independence, and it is
the plan to guard for all time against
any small group control, by limiting
the number of shares that any one
person may acquire including per
sons in nearly every business, pro
fession and calling, as well as every
nationality in the islands.
The directorate of the companies
will be representatives of the classes
nationalities and businesses as repre
sented by the list of stockholders and
will include men on each of the four
principal islands of the group, a
working quorum to consist of resi
dents of Honolulu.
While these companies are inde
pendent of all others, they will begin
business, it is stated, with strong con
nections with other financial institu
tions in Hawaii and on the mainland
and also with a munber of foreign
banking institutions. The closest
affiliation will exist with the Secur
ity Trust Co., the People's Bank of
Hilo and the Bank of Kauai of Ka
paa. The People's Bank has branch
es also in Kona, Hamakua and Ko
The Hawaii Bank of Commerce
will conduct a general banking busl
ness in all its branches, giving par
ticular attention to commercial, sav
ings, collections and foreign ex
The Commercial Trust Co., will
operate departments devoted to
stocks and bonds, real estate, trust
and agency, insurance and safe de'
posit box service.
A feature of the stock and bond de
partment will be the handling of list
ed mainland securities, through the
house of E. F. Hutton & Co., of New
York and San Francisco.
And almost without end
Spout literary steam,
But I know all too well
That no words of mine,
No matter how well
jingle the rhyme,
Will make you harness
Your old chug machine
And go there, unless
You are mighty keen
To have one big time,
To watch all the races,
To be in the line
When the referee laces
The gloves on the "pugs",
So that when they fight
Their battle-scarred mugs
Will look like a fright.
So brudder get busy,
And scrub your ol' neck,
And tune up your Lizzie
To drive there, by heck!
Author's note: Sure, I know that
is a punk pome, but fer the love of
Mike don't judge the Fourth of July
Celebration that the American Legion
is giving at Waipouli by it. The cel
ebration really is going to be good.
Why He Didn't 3top.
"James, do you see that policeman
making signs to you?" asked the lady
in the back seat of the car.
"Yes, ma'am," replied the chauffeur.
"Probably wants us to stop."
"Don't know, ma'am. 1 don't under
stand his signs. You see, we dont
belong to the same lodge." Yonkers
"Why are you so anxious to play
"Somebody will play the piano if we
don't." Louisville Courier-Journal.
Prof. Albert Michelson, an American
astronomer, has just succeeded, with
the aid of an apparatus he has invent
ed, in measuring the star Alpha Or
ionls. It is also reported that Sec
retary Denby is busy constructing a
number of apparatues for taking the
measure of the Rising Sun. Punch.
We will furnish music at all parts of the
Inland for Dunces and Dinners.
The Club is composed of 8 pieces as follows :
Violin, Mandolin, Flute, Violin Base, Guitars
and Ukuleles. Latest Music.
TRICES VERY REASONABLE
For any engagement see
Mr. C. F. Audrade
or Mr. Joe F. Rapozo
at Lihue Store
MUTT and JEFF
At Kil auea Hall
Saturday Evening, July 2nd
7:30 Honolulu Time
Real Hula Hula Dancing
Dance after the Show
to Alapaki Smith's Orchestra
j Great Reduction Sale
ft TOW.' ' 4AW 11 1
v i m ?L It MM v&s it PH
THE LAST OP THE
fmnccm'dramcL elemal-by James Fenimore (poper
WAURICE'JOURNEUR W CLARENCE L BROWN
The storyof a.prince without
a kingdom. 4.
Mrs. Carter's Musicale
Friday evening, June 24th, Mrs.
Fred Carter entertained the parents
and friends of her pupils, by giving a
very delightful musical program at
her home, in which 15 or more of her
pupils took part.
Hanging all the way from the little
beginners playing their simple har
monies, to the finished productions
of the older children rendering beau
tlful classical music, the whole pro
gram contained a wide range of in
teresting selections. Many of the
performers showed marked ability.
After the program, refreshments
followed, and a general spirit of
neighborly friendliness brought to a
close this happy occasion.
ANOTHER ASCENT OF HAUPU
On Sunday, June 26, a party com
posed of Mins Alexandra Knudsen,
(Sandie Kanul) Valderair Knudsen
(Valdie), Mr. Eric A. Knudsen and
F. Grlnnell Jr. had a very pleasant
day's trip in scaling old Hoary Head.,
Haupu, rambling over the face of the
mountain over a "blind" trail. The
day was Ideal.
Three of the party had not been
up the mountain before. Mr. Grln
nell made the ascent last November
in company with ten men and boys. .
At the Tip Top
The entire stock of General Merchandise of the
firm of M. S. Tomas & Company, at Kapaa,
MUST be sold at once to satisfy the claims of
This is the time and place to get REAL BAR
GAINS. Don't fail to take advantage of this
Furniture and Fixtures
Land and Buildings
They all must go to satisfy claims against
M. S. HENRIQUES