Newspaper Page Text
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EVENING 1WMjKTI: HONOLULU, H. 1., OCTOBER 31, 18U9.
ATKINSON & JUDD,
A.L.C.AtKlnson unci Albert F.Judd.Jr.)
Ccmnsallora at Law.
Offlco over IllMiup ,v Co.'s Hank, cor.
ICnalmnmuu .mil Mtin-liant struetm
l MoONTS STEWA11T,
Couiipellor tit Liiw.
uuro" Mflck.oppo-lto Cathollo Chit roll
Fort street, Honolulu, II. I.
42 Tolepl'one 1122
FUBDUHIOK W. IIankey,
J 1H MorclmQt stroot, opp. Bishop's Bank
Hnnolulu, II. I.
flTB8REY AT LAW
CHARLES F. PETERSONS
attorney at Law and
"UN j. KAULUKOU,
bethel St., Honolulu.
V. O. At'lll. ENOCH JollNhON.
AOHI & JOHNSON,
Attorneys and Counselors
Office No. 10 West Klug streot.
6. A. MOTT-SM1TH,
HAS MOVED to the Judd
Block, Fort St.
fiR. JENNIE L. HILDEBRANO.
HnH removed from Fort sheet.
OFFICK, 512 Horetanla stroot, two
ioors other sldo of AMpnt. i
HOURS, 9 to 12 a. in.; 1 to I p. m. '
TPTirpfTnN'KQin 1314 ,
DR. WALTER HOFFMANN, '
3ERETANIA STREETS, (opposite the,
Hawaiian Hotol.) I
Offlco Hours: 8 to 10 a. m.; 1 to 3
j m.) 7 to 8 p. in. Sundays: 8 to 11 ,
JR. A. GORDON' HODGfNS.
m. Toicpnono ow. r. u. iox oui.
2iCE AND RESIDKNCi:, OEDGE
OnTTAOi:, comorllotol and Richards'
tract's. OIllco Hours : 0 to 11; 2 to '
4. 7 m P. Tolonlmnn .r3. 1245 I
JR. A. N. SINCLAIR, '
KING ST., NEXT OPERA HOUSE.
Hours: 9-10 a. in., 1-3 p. in., 7-8 p.m.
Jundays, 12-2 p in.
rolephoro 741. 1 107-3 w
DR. i. L. GARVIN
fllce: 617 Kino Stukkt, noar Punch
bowl, Honolulu, II. I.
.TELEPHONE No. 418
Jours: 9 to 11 n. m.; 1 to 3 p. in.;
7 to 8 p. in.
3R. T0MIZ0 KATSUNUMA,
Skin Discanea of alt kinds a spoclalty.
Offlce Room 11, SprocUlos Building..
Hours 9 to 4. I
Teltiphono 474. Rcsldenco telophouo 1
DR. I. MORI, J
136 Eeretania street, between Emma
and Fort streets. I
Tolepbono 277. P. Q. Box 813. I
Ottlce Hours: 9 to 12 a. in. and 7 to 8 .
1. in.; Sundays, 0 to 12 a. in. 1229
DR. T. MITAMUltA, j
tolling Rooms. 427 Hauanu Street.
Telephone 132. I". O. Rox 8 12. '
Rcsldenco, 624 Nuuanu St. i
Bourn: 9 to 12 a. in. and 7 to 9 p. in.
lundayn, 2 to (i p. m. 1212 Oin '
Hawaiian Medicine Co,
-THE BEST THING FOR THAT
COUGH Is our PauUunu Cough Medicine.
Porisale by the Honolulu Drug Store, and
A.. C. WALL. L D 8.,
NowiLovp's Building, Kort Street.
DR. F I. MOORE,
jM street Telephone 605.
s. -..rt8- 9 to la a.m. and o4p.m.
TURNERS AND POLISHERS of ill klnJi of NtUvi
Wood.. CALABASHES In itocktndto order.
ING STREET. - NEAR ALAP
Situated on tho oast sido of
Kalihi Vallov. Tho view to
Pearl Harbor is tho best in
tho city of Honolulu. Tho
soil is vorv dcon: no stones
or rocks on tlio place.
"Water will bo laid before
nuroliasora aro ready to build.
A spaco -will bo sot apart,
in lnomorv of tho Princess
Kaiulani, for a park.
Tho lots will bo sold at tho
lowest prices in tho market,
with which other real ostato
agents will not all'ord to com
pote. Applications for lots will
bo received at our office, and
will bo given preforenco of
chosing lots in tho order thoy
For further particulars ap
10 WEST ' KING ST.
October 4th, 1899.
1-3 Off on
Musio . .
PINKE & CO.
Supply every variety of Cut Flowers and
Growing Plants. Sprays, Bouquets and
Funeral and Wedding Floral Designs sup
plied on short notice.
Office, corner Fort street and Chaplain
Lane, oppos" the Catholic Mission.
Fresh Milk '
at 12 cents
a Quart !
Delivered In any quautltlos to suit.
Leave your order at STAR TV U1Y,
or TELEPHONE 103.
WAIALUA CASE DISCUSSED.
Continued from Pago 3.
make any difforenoo whether it is
aim eharo or one-third of nil the
elm oa that tiro in dispute, do long
as a majority can bj ohtniurd for
carrying on tbo business of the
company. I am at n lose, honovor,
to discover why this ddiuquout
etock is not sold, Spnking with
out refeienco to lenl precjdenti,
for I have not looked op the matter,
1 enn't eoo why tbo owners of this
stock should ODJoy luim unities that
aro not possessed by otuor stock
holders. If tbo stock cannot be
sold it pats a premium on dis
putes, stock which i? bold by a
a peaceful man has to pay each
a'sessmont but all that a few moa
have to do to osocpe paying tbuir
assessments is to gpt into somo
difficulty, roal or imaginary, over
tbo ownership of sharos and thoy
aro at once exoased from paying
till their troubles are over. Huch
a contention ouonuroges fraud ntd
strife. Tho persons claiming this,
stock must soe to it tuxt the as
scesmonts aro kept up. If this re
sults in double pnymnt it is tho
misfortuno of the litigation. Ono of
tho parties surely owns tho stock,
tho Oompauy don't caro which. It
is tho duty of .tho Company to ac
cept nEsensmonts from both if
to tide red and await the rtpcii-imi of
tho court tiB to whom are tbo right
ful ownors. If assossmonts are
thereby paid doubly paid tho Com
pany will return tho sum piid by
tho lo3ing party. Tne ownors
must, at their peril keep Ibefo ai
Bussmonts paid. Snpposo a por
)on holds a valid mortgngo upon a
picco of land and aflorwaids n
disputo arises ovor tho title. Tho
mortgngo becomes due and tho
morlgageo call for his money.
Ono says to him, I will pay tho
sura if you will quiot my title to
tho land. The mortgagee replies
I havo no power to quiet your titlo
or Bettlo your disputo". I era 011
ly mortgr.geo the caiee of your
disputo nroao aftor ray mortgnue
was made and nil I want is my
money. The other says. I own
the laud but 1 won't puy until the
dispute is settled. Thou th
mortgagee- says to them both, 1
am sorry for you gentlemen but I
eoo no other way but to foreclose
my mortgngo. Than, in thoir
wrath they both say, you can't do
it, nud if you attempt it we will
ODj'oin yon by a suit in equity. I9
it possible that tho mortgagoa
must wait for his money until tho
disputo is sottlod ? If this is the
law tho -jooner thoso with motiev
to lend find it out the bettor. I
am sure that thoy will stop lend
ing money immediately after as
certaining it for thoy well know
tuat in every loan secured by
raortaaKO they aro liablo to be
obliged to await tho termination
of a suit, or thirty-three suits if
you please, that in uo way offect
tho validity of thoir mortgages ox
fl pting that they must bo teamin-
med beforo thoir security can be
resorted to. It would bo a happy
day for lawyors, as I
can imagine that thoro would
tho samo suits that would last
practically forever. Whore is tho
difference betwoon tho illustration
and tho presont case ? Whon tho
10,000 shares involvod carao into
oxietoneo thoro was a lieu upon
them for 81,000,000. A question
arises as to tho titlo to those sharos
between outside or third parties.
Amounts became duo on tbom so
cured by this lien and unless the
mouoy bo paid, tho stock beoomes
liable to bo Bold. It will be oh
served horo, just as in tho mort
gage, that thoro is no disputo a
to the validity of tho hen, no d'
puto as to the amount duo. Let
ihoso who think the loss to the
prosont etook holders will be trivi
al bo undeceived. Three Btookhold
ors own ono sharo or .', each under
the present capitalization but four
Htook holders will own ono sharu
or J, eaoh under tbo proposed in
croaso, tho holdings boing reduced
from Ji to . Tho company won't
earn nuy more on hecount of tho
plantation being divided into
quarters thou it would by being
divided into thirds, 10 tbo divid
ends instead of bring divided
into thirds will bo divided into
quarters. Supposo ono sharo to
bo ontitled toS12por year. If
throo mon owned it thoy would
each get 84. If four men ownod
it they would pooh got S3 In
other words thoro would bo $3G0,
000 bo divided between 300U0
holders, undor prosont conditions
but under tho proposed
incroaso the 300,000 would bo di
vidod among -10,030 stookholdors,
so instead ot nn owner of ono of
Iho present shares getting 12 he
would only get S9. This of course
is n most serious loss ns it is re
peated each year bo lone as tbo
plantation exists and instead of
being $3 por share it will prob
ably bo two or throe times that
amount ns tho dividends aro more
likely to 24 bo tinr cent or 30 pr
cent than 12 per con t But there
is (mother loss which U not more
difficult to cstimnte. If there is
to bo a now issue of 1,00.),0()0 at
par to tho present Euboribrrs I
beliovo tho etock would immedi
aloly co to 8200 nor thre, if not
much higher, so eaoh stockholder
instead of having $130 worth of
stock at the present price will And
that ho has $200 worth of utock or
a clear gain of $70 por share.
This quarrel is distinctly be
tween tbo claimants to the 10,000
shares. Tho promoter does not
return any of his promoters'
shares to make good tho loss to
Tbo liubility, if nny that t)if
officers bo undor to tho present
stockholders if thoy issue the
proposed 1,(00,000 of etock is a
matter affecting only such officers
and not the Company.
But it is not necessary to a pro
per understanding of Hub caso
that the merits of the quarrel or
the liability of thoso issuing the
now shares bo at this time dis
cussed. J. Alfred Maqoon.
Honolulu, Oct. 31st, 18IK).
The Lnt Car.
Tho luit cars o tho Ktnc street
lino going to Vaikiki und Pnlama
pass tho Anohor Saloon.' The
clcvorodt mixologists in the oity
are there nlwayn to put you up
anything you may dosiro. Drop
in and tako 0 drop boforo you take
tho car. The celebrated Uoattle
boor is to bo lind here on draught.
A full lino of liquors including tho
famous A. A. Jesse Moore Whisky
oto., always on hand. Rocoived
per Warrimoo, Itainior Bock Beer
on draught. Tho Anchor Saloon
is hero to plnnnr ito natrons.
Printing photos in gold and
silver is something new.
Through the skill of our artist,
N. Y. Itow, we are now Sable
to present to the public of Ho
nolulu views of the Islands
finished in this beautiful man
ner, eminently suitable for
gifts or mementos.
110 Hotel street.
"Calumet" makes tho light
est, eweotOBt and most
ftl I Hi JETRakinrt
NONE SO GOOD.
Ifl'iOFOLITAK HAT CI),
108 KING STREET.
Q. J. JValleii, : ; Manaoeii
Wholoealo and Relail
BEST OF MEATS.
Families desiring tender roasts,
Juloy Nloaks and chops should
call 'an tho t
Central Meat Market
Wo make a specialty of family trade
and soil the best at reasonable
214 Nuuanu St.
HONOLULU UNDERTAKING CO.
ED. A. WILLIAMS, RD.,
Office and Parlors
614 & 516 Fort St. , near Hotel.
I T"E )
(Incorporated Under ths Laws)
I of me Hawaiian Republic, j
OPFIOKHS AND DIHEOTOHH:
CifAn. M. Coo re K, Prosldont.
1'. O. Jonjm, Vice-President
O. II. Cooicn, Cashlor.
F. O. Athehton, Assistant Cashlor.
Ilonry Wntorhouso, '
F. W. Macfnrlaue,
E. D. Tonnoy,
Solicit the Accounts of Finns, Cor
porations, Trusts, Individuals, and will
carefully and promptly ultnnd to all
business connoctod with banking on
trusted to It. Bell and purchaso Forolgn
Exchange, Issue Lotto rs of Credit.
SAVINGS DEPARTMENT !
Ordinary and Torm Deposits rocoived,
and Interest allowed In accordance with
rulos and conditions printed In Pass
books, copies of which may bo had unon
O. G. TRAPHAGEN,
323 Merchant St,, Honolulu,
Between Fort and Alakca,
TELniuroNK : : : 734
G.A.Howard, Jr. Root.!". Train.
HOWARD & TRAIN,
Suite 7, AloJtt Block, - HONOLULU. OAHU. II. I.
P. O. Dox 70J. Teltphone 989.
H. h. KERR & CO.,
OF ALL KINDS.
Dealers in Lumber and Goal.
ALLEN & ROBINSON,
Quoon Btreot, Honolulu.
F W. THRUM,
ROOM NO. 10, SPRECKELS BLOCK
Plantation Work a Specialty.
Contrac! jr and Builder.
-iJ ill Kinds of Heavy Weights
NO. i7 KJRT STREET. HONOLULU.
(OppoilU Club SUblcj),
Rtslitnce Teltphono 4Qo. n(7-ll
JAMES T. TAYLOR,
M. Am. Soc. C. E.
300 Judd Block. Telo. C33.
FRED J. CROSS,
Consulting and Suporlntondlni;
Electrical 0 Hydraulic
Eloclro-IIj'draulIc Powor Transmission
REPORTS AND ESTIMATES
FURNISHED. . . .
With Catton-Noll Co., Queen stroot.
Ofllco next to Postofllco. 1223
To My Patrons and the Public.
Hnvinc recovered from my re
cent illness,, I am npain prepared
to do all kinds of Tinsmith and
Plumbing work us boretofore.
Thanking yon for paBt favors, I
respectfully solicit a continuance
of the same.
JAS, NOTT, Jr.
tST Tel. 844.
Spanton & Lund,
305 King St., near Alakea, Honolulu.
.... Tinting, Graining. Glaring and Signs.,
ii Estimates Oven.
The World Register
Keops tho Cash while you are busy.
Try one o
On Marble and Granite,
WORK. . . .
Fences and Lawn
Haw'o Iron Fence and Monniucnlal Co.
611 King Stroet.
lit emus BrauoKKLs. Wn.a,lin f M
San rranchco AgenttTCan NevAda
National Bank op San Fiunoiroo.
San Fjiancisco Tho Novada National
Bank of San Frnuclsco.
London Tho Union Bank of London;
New Yonic Amorlcan Exchange N.
Chioaoo Morcliants National Bank.
Paws Credit Lyonnals.
BEnUN Drosdner Bank.
Uonkono and Yokohama Uonkons A
Shanghai Banking Corporation.
New Zealand and Austraua Bank
of New Zealand.
Viotoiua and Vancouver Bank o
British North Amorlra.
Traisact a General Bammg and Kicbange fiu m
uepoisis neceiTca. Lon mado on Ap-
B roved Security. CommercUl and Tratelerl
rcdlts Issued. Bills or Exchange tonebt
nd told. ft
COHJCTIOWS PKOMrTLT AOCOnHUP KfiV.
;; Savings Do poults will b
rocolvod and Interest allowod by thl
Bank at four and .ono-half per Mat.
per annum. The torms, riles and
regulations of tho Hawaiian Postal Sav
ngs Bank have boon adopted as far ai
U Is practicable to apply thorn, and the
Cash Rosorvo of 50.000 as required un.
der tho Postal Act will bo maintained.
Printed coplos of the Rules and Rob.
Ulatlons may bo obtalnod on applleatlon
BISHOP & 00. '
-Eatublishod 1863 ,
Transact a General B.'.nkbf
And Kxchango Business.
Commerciu! and Travolor'
Letters of Credit issued, avail
iblo in all tho principal cities
f the world.
Interest allowed after Julv
1,1898, 011 fixed deposits 8
months 8 per cent., 6 months
3J por cent., 12 months 4
Pioneer Building and
Assets, Dec. 31, 1898, $116,8Q3.3a
Money loaned on approved socurltv.
A Savings Bank for monthly deposit
Douse CulK on the monthly iSslill.
mentplan. ' "miu
Eighteenth Sorlos of Stock 1 row
Offioeils: T. p. T.un.in.. ....,,..
S.B. Rose, VlcerpVrsidomt'oVB Q y
Tronsiiwr? A . v n- .!. jr(
DinEOTons: T f. Unalnic, S. B. Rc.e,
A. V. Gear. A. W i-ni. i r, .. .. '
". "onry Smith, J.TZiaUw, T.
"j ' x.j
Jjor rurtnor particulars apply to
A. V. GEAB, Seorotary.
Chamber of Commerce room.
Offlco Hours: 12:30-1:30 p. m.
Tfie tohama gpeoic Bank
Paid Up Capital Yen i2.ooo.cco
Reserve Fund Yen 7,3oo,cco
HEAD OFFICE, YOKOHAMA.
BRANflllPH Avrr, inwmn,
Kobe, Londou. Lyons, Now York.
Han Francisco, 8hanghtl
tlon Bills of Exchange, issues Drafts and
Letters of Credit on the above Branohes
ana Agoncios, and transacts a general
on FUd Depotll (or ti montbi. j per cot p. .
On FIMM& IVnncIt in . . ' a
INTEREST ALLOWED- '
Oa Hud Dcpotlt tor n monlhi. j per cent p. .
Hew HgpBtlic BniMm. lirkiig St. bohhii
The . . .
Cor. Alakea & Halekauwlla Bti.'
Has a large assortment of
Chandeliers and Elec
Constantly on hand,
Estimates given for house wlr
lng and Eleotrioal plants.
Marine Wiring a Bpeoialty,