Newspaper Page Text
THE HONOLULU REPUBLICAN, FRIDAY, JANUARY 17. 1902.
IT IS LIKE FINDING MONEY
The Extra Comfort
The Extra Wear
The all round satisfaction you get from wearing a pair, of these
high grade, perfection shoes.
When jou buy anything, and are Eatisfied with it. you fee! happy
with everything in the world. You can only achieve this by wear
ing a pair of HANAN'S high grade shoes.
MGlnerny's Shoe Store.
Wi Paper 1 1 Wi Paper!
I PER CENT
moneyed capital in the hands of indi-j A Reliable Re.-r.-y for Bowel Trcu
vfdnal citizens of such State, amlt j-i
that the shares of any national bank- Ee. x Yiad. pester of the
tog association, owned by noa-resi-, Bedford Sx. M. E. Church Cumbr
dents of any State shall be taxed in j land. IzuL- U. a -A-. says: "It af-
, ice cuy or tows wtere the bank is fords me great pleasure to recom-
HP l-T7" I rPTA" Iocated' a114 n elsewhere-. Xotatng mead Cbaaberfcin"s Colic. Cholera
I A ,V A I I J IV fcereil1 siial bs construed to exempt and Diarrhoea Remedy. I hare used
"" the real property of associations from Jt - kcow osiers -who have never
either State, county or municipal 'kaa'K It to faJir For sale by all
taxes, to the same extent, according eaM?rs an draggists. Benson, Smith
-c v.. agents lor iiawalL
AHfffllfiV finfi ftP. niVP.R ! to lts . er real property
J ---.-. --v.- -Vj.
Opinion in Wailnin
j is taxed:
National bonks are not liable to a
privilege tax. Imposed by city ordin
ance Chattanooga v Mayor, eta. S
' Hetsk, Tennessee S14. Nor In view of f
KITI0K1L BISKS ARE EIEMPT
The OLIVER TYPEWRITER
IMFOBTEB ASO DEiLER IN
jthe fact that the shares alone arej JAPANESE PROVISIONS
' tnxahip. m anr tsr nnon tho! hnci.
. - U.W.. w--. , ..I
aess imposed by the municipal au-s ana vienerai -AiercnandlSe,
taorities of the city where the bank is" j
i locatea. .Mayor of Jiacon r. Kirst .a- JAPANESE
tipnal Bank, 59 Ga. 64S- In the cae
THE GOVERNMENT OF j of ilcCulIoch v. the State of Mary-
LICENSE IS NOT REQUIRED FROM
I land. 4 Wheaton 316. it was held that
Sole Agents for RYOKO MASAMUNE.
, Congress had the constitutional rizht i
to authorize the incorporation of I S stree-Attorney-General
Edmund P. Dole. banks. lha. a bank SQ ,npnlWit., .
at a meeting between tne Governor! had a right to establish its offices of
and the heads of the Territorial de-' discount and deposit within any'
Phone Main S2
Simplicity, durability, speed and
manifolding- power are conceded
to be the four great essentials in
a typewriting machine. "We pre
sent to the public THE OLIVER
as the latest and most striking
embodiment of these features, and
the most radical departure from
other methods of constracUoa.
Examine this up-to-date ma
chine before deciding upon a par
chase of an inferior make.
"Wall, Wioliols Co., Etfd,
Agents for Territory of Hawaii.
partments in the Capitol yesterday
mornlng. read an opinion answering a
question from Treasurer Wright rela
tive to a Territorial license for the the W whether the
State, and that when so established .
the State could not tax it. This de-!
cision was made -Kith reference to
National Bank of Wailuku, concluding
that such a license is not required,
being in fact, disallowed by Federal
law The opinion, in full, is as follows-
Territory of Hawaii.
Office of the Attorney-General.
Honolulu. H. .1, Jan. ICth. 1902.
Honorable Wm. H. Wright, Treasurer
of the Territory of Hawaii:
Dear Sir: I am in receipt of your
request for my opinion whether the
First National Bank at Wailuku.
Maui, should take out a banking li
cense as required in Sections 724 and:
723 of the Penal Laws of 1S97."
Sections 724 and 725 are as follows:
"The annual fee for a banking license
Maryland could impose a tax on a
bank of the United States incorpor-,
ated under an Act of Congress, April
10th, 1S16. The principal therein an-1
nounced has been reaffirmed and ap
plied to the Act of Congress authoriz
ing the incorporation of National
banks in the following cases:
Van Allen v. Assessors. 3 Wall 573; ,
' Bradley v. People. 4 Wall. 459: ,
Lionberger v. Rouse. 9 Wall. 4G8; j
Tappan v. Bank, 19 Wall. 490; !
Hepburn v. School Districts, 23!
Wall. 4S0; I
People v. National Bank, 09 Am. St
R. 32. !
In all these cases it was held that'
a State could impose only such taxes!
Theo. H. Davles &
shall be seven hundred and fiftv dol-1 as were authorized by the Act of Con-
ills Mecnie Paint
and fall Paper Co.,
(IG Bethel Street PHOHE S2.
THE KASH CO., ltd
becomes another yesterday,
tomorrow will become another
to'lay. don't wait for tomorrow but
lars. The term 'banking' for the pur
poses of this act. shall mean the en
gaging in, buying or selling drafts or
bills of exchange on banks or persons
in other countries, or the receiving
of deposits and paying of checks
thereon. Any person holding a bank
ing license may also under such li
cense loan his own money, or collect
for, or receive, or take the money of
another, and loan or advance the
same to another, or others, charging
a higher rate of interest than is al
lowed to the depositor; or may loan
the moneys of another, or negotiate
a loan to or from another, for a com
mission or other compensation."
gress creating National banks, and !
that said act only authorized a tax on !
the shares in such bank, and not'
npon its capital; and that such banks
derhed their authority to do business
in the State by virtue of a United
States statute, which is supreme.
Therefore, it follows that the right of '
such banks to do business in a State!
is not dependent upon a license to be
obtained from the State authorities. '
The right of a National bank to con-i
duct its business as a banking insti
tution is in no way dependent on a
license to be obtained either from the '
State or any of its municipalities.
City oP Carthage v. First National
Jutt arrived and placed on sale
a swell line of
LADIES' AND GENTLEMEN'S
WALLETS, ' i C
DESK SETS, "
CIGAR CASES, ETC.
The variety of leather is of the
latest and are beautifully mounted
with art noveau silver.
Come early and have the entire
new stock to select from.
Hawaiian lews Co.,
MERCHANT STREET, "
On the way to the Pest Office.
j General Merchandise
COMMISSION MERCHANTS. .-
Canadian-Australian Steamship. I nO
Lloyds, British & Foreign Marine Insurance Go.
Northern Assurance Co. (Fire and Life).
Canadian Pacific Railway Co.
Pioneer Line of Packets from Liverfoci,
! A Roof Over One's Head
Here are a few sensible suggestions for Holiday Gifts:
Lineu Handkerchiefs, G-loves,
Smoking Jackets, Bath Robes,
Silk Hose, Underwear,
Shirts, Pajamas, Ties.
All the above and
manv more useful Sifts are to bo
The Kash Co., Ltd
TWO STORES TWO STOCKB.
P. 0. Box 558.
Main 96"and Ma'a 376
23 and 27 Hotel Street and Goraer of Fort and Hotel Streets.
Sections 5214 and 5219 of the Re-IBank of Carthage. 71 Mo. 50S.
vised Statutes of the United States! A National bank derives its exis-
are as follows: "In lieu of all existing! tonce and its powers from the Govern-1
taxes, every association shall pay to ment of the United States. It pays
the Treasurer of the United States, J a revenue to the United States in lieu
In the months of January and July, of all local taxes, except such as the
a dutj of one-half of one per centum United States authorizes. Its shares
each half year upon the average are .taxable to shareholders by the
mount of its note's in circulation, and ' Territorial government, and its real
' duty of oue-quarter of one per cent-1 estate, if it has any. is taxable by the
I'm" each half year on the average Territorial government the same as
mount of its capital stock, beyond other real estate.Jf it has any, is tax
the amount invested in United States able by the Territorial government
bonds. Nothing herein shall prevent the same as other real estate, pursu
all the shares in any association from ant to Section 5219 of the Revised
being included in the valuation of the Statutes of the United States. But it
personal property of the owner or ' is beyond the lawful power of the
holder of such shares, in assessing , Territory either in the form of a li
taxes imposed by authority of the ! cense or otherwise to tax its f ran-
State within which the association chise Sr banking privilege. I think it
is located: but the legislature of each clear that Sections 724 and 725 of the
State may determine and direct the Penal Laws of 1S97 cannot be applied
manner and place of taxing all the 'to the First National Bank of Wailu-
shares of national banking associa-, ku. or to any other National bank in
tions located within the State, sub-1 this Territory.
ject only to the tvs o restrictions, that t Very respectfully yours.
the taxation shall not be at a greater , E. P. DOLE
rate than is assessed upon other Attorney General.
Use the best Roofing on Earth
READY ROCK ASPHALT ROOE-ING-
and keep out the rain.
A Straw Hat
Is the most kumfortable and
koolest kind of Head Gear for a
klimate like ours.
Get any style, shape or quality
made to order to suit your build
ITOl JVIwlC 15Y
Straw Hat Manufacturer.
Nuuanu St. Opp. Sayegusa's
The Hawaiian Trad!
g ii-4- 3Tort. S3! root. Love
Tramways Time Table.
leave Walkiki for Town
5.45, 6:15. 6:45 a.
SPECIAL ATjTvACTIOTS OFFERED BY
& "vi c
30 In. Guage 14 lbs. Rails i
36 In. Guage 20 lbs. Rails
IN QUANTITIES O
TO SUIT. '
You have lots of use for a diary.
Buy one at the Hawaiian News Co.
Take a business man's lunch at the
Beaver Lunch Rooms. H. J. Nolte,
" The Cambrinus Saloon offers its
patrons a nice free lunch with a "glass
of beer every day.
Aftsr the show, come round and
take a cup of chocolate at Hart &
Co.'s. Elite building.
Stone for building purposes, bed-
m- and everv 15
minutes thereafter till 10:45. 11:15
and 11:45 p. m. from Waikiki go to
the Punahou Stables.
Cars leave Rifle Range or P3waa
switch for Town at 5:58 a. m. and '
DIFFERENT BU SESTETS HOUSES I ever" 15 minutes thereafter till 11:08
Cars leave Fort and King "Streets
corner for Palama at 6:10 a. m. and
every 15 minutes after till 11:25 p. m.
Cars leave for Palama only at 5
and 5:30 a. m.
Cars leave Palama for Waikiki at
o:lo a. m. and every 15 minutes till
5 p. m.. then at 10:15 nnd 10?45
The 11:1a p. m. from Palama
1902 Leather novelties at Hawaiian Our sale of oer 30,000 rolls of wall
paper is attracting general attention,
all new goods and new designs. The
rJcKeehnie Paint and Wall Paper Co.
Girls are all fond of candy, but some; 9I .
girls are very particular as to whose i D
chocolates they eat Gruenhagen's . f0r Punahou onh- goes to Waikiki on
are the best. For sale at Wall, NIch- Saturdays.
I ols Co. ) Cars leave Fort and King streets
Treat a wheel as you would your' Ser for Rifle Kange at 520 and
j dog. take every care "of it, but whn i pf; F ,
the inevitable happens it breaks j foTwaS S1 nfana
j down take it to C. A- Cowan. Union .everT 15 mimues t1, 10:0g tJ
, street- fat 10:35 and 11:05 p. m. The 11:35
,Ht,- tr cnnHwl in nv- nnnnMtv. """ "- S'- i-u . - - a .. .b., on saiurcays
Pr w.rriMn rnntraetnr ' m ones exsteace. Try Andrew Usher W.
, , . t & Co.'s Special Reserve. O. V. G
Insure your lire in the Travelers) Scotch gy. SoM by w a Pea.
Insurance Company of Hartford. A , -,..1. r. pn
C. Lovekin. agent, Judd building. i , " . . . . ! Cars leave Punahou liable for Town
... Seventy are per rent of the men m , a. 5.3a ..,. , rT. J -,-lu "
Dnr inVerv f "pnemllv mnceded ti ii .. . .!t ,lu ana tor i own and vallev at
uur oaKerj i 0enerauy conceueu Honolulu wear straw hats and a lot j 5:40 550 $-10 S-'O 5-40 7 inA-'d
to be the first in town-it Is. The of .hprn arp nS!ht nfr r. n,, ct '. " s'ou' 1U- "-0- 5-- ' aad '"
-v- t- t 1 t -ir.i --.. . " "
cusiauu iiaKrr. nuici miu jjat icanufacturcr.
629 King St. WRIGHT BLDG.
A Full Xiae of , -
Saddles. Harness. Whips.
Collars. Hames. Chains.
Soaps. Bridles. Bits. Spurs
Harness Oil and Dressing. Gall
Cure. Campbell's Hoof Remedy.
EIHman's Embrocation, H. H. H.
Liniment. Etc.. Etc.
SATISFACTION GUARANTEED ON
ALL WORK UNDERTAKEN.
PHONE BLUB 2651.
HART & 00., Ltd.
Elite Ice Cream Parlcrs.
Finest resort in the city.
SODA WATER AND ICE CREAM
Slade from Pure Fruit Sympa.
CHOCOLATES AND EON BONS.
FRESH MEAT in
Supplied dally with fresh killed meats
also . .
A LARGE GROCERY DEPARTMENT
FRUITS, ETC., ETC.
Orders delivered to any part cf the
C. Q,. YEE HOP & CO.
Corner Beretania and Alakea.
Phove But e 25'
BERETANIA STREET AND
C. W5SSEI3. p....
604 Queen Street, cor. South.
Headquarters for Honolulu Prima
Beer, In bottles and on drangbL Al
ways Ice-Cold. We can give you the
best glass ol Beer in town.
Honctelu Iron Works Go
BOILERS. SUGAR JD1.LS COOL
ERS, BRASS and LEAD CASTINGS,
and MacLmery of every description
made to order. Particular attention
! paid to Bhlp's blacksmithlng. Job
I work executed oa shortest notice.
Do you desire Japanese fcelp In any Nuuanu avenue,
capacity: if so, call at the Fort Em-. It !s our a!m to 3upplv onr cas(om
ployment Agency. King street, corner ( ers wIth the be5t material and work.
of Alakea. , ajanship that can be found in the mar-
A well executed sign is a good in-' ket and we do it. California Harness
dicstlon of the manner of store which I Shop. Fort street.
! adorns. Get your work done by Tom j plainly furnished room, that is.
Sharp. Sonographic. Union street . wjth chairs. etd but without ensh-
s " r c tr H .. . j m ;
Our list of cool drinks comprises? ions. etc. looks uninviting you caniTA, ..rz, ' YA 1U "fs after .
all th& -a ell known ones in town, make it inviting by buvinc a few cush IZ. l ,i..rCv,' . .3 Be " - -- - JtL JtXL
. . - I, . ..- a "" -"e ouiuie up to 11:05 n mf
wu"w- guauirtu au tiuxKj i,i -iw, iuui.-iiwi. ci-, i iusrwjuc wcica is the last car from To
ter. Arctic soua works, wntte su. irurniture Co.
Cars leave Oahu College for Town '
and Valley at 6:20, 6:50 and 7:10 a.f
m, ana every 10 minutes till 10:10
P. m., escept the even hour and half
boar cars which rdir from the Stabte
Cars leave Nuaanu Valley at 6:10
5:30. 6:"59 a. rz-. and everv 10 minutes
thereafter till 10:50 p m.
Cars leave Fort and Queen streets
"-uikji. at o:ua, t:2o,
Beaver . Lunch . Roods.
H. J. NOLTE, : : :
from Tojft. t
reaching the Stable at .11:30 p. m. :
THE ALOHA SALOON
DOITS: BY THEIROX STORKS Jcst rece!ved a new lot of celebrated
For a Good. Tasty Schooner l'K fc V V MtUlM
a. m. i li viill A numuj
i ew York Capaduras. Washlncton.
Allston, Union de Cuba,
Grand Republic, Etc
KLEXME BHOS., Pnri!ih.
t- -- . rt -fci'tf Utgj