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Image provided by: University of Hawaii at Manoa; Honolulu, HI
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 under way. 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, Honolulu. 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 trimmings. 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 hala. 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 change. 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 Statesman. x Preventive Measures. "Why are you so anxious to play bridge?" "Somebody will play the piano if we don't." Louisville Courier-Journal. Measurements. 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. Imperial Orchestra 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 FATTY ARBUKLE of Kil auea wi ah MUTT and JEFF in a GRAND MU MY At Kil auea Hall Saturday Evening, July 2nd 7:30 Honolulu Time Real Hula Hula Dancing Special Music 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 MAURICE TOURNEUR THE LAST OP THE MOHTCAMS fmnccm'dramcL elemal-by James Fenimore (poper Directed by 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 July 8th 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 creditors. BARGAINS! BARGAINS This is the time and place to get REAL BAR GAINS. Don't fail to take advantage of this great opportunity. Furniture and Fixtures Land and Buildings They all must go to satisfy claims against the company M. S. HENRIQUES Trustee I KM 2d