The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1883-05-12

sary inst California ~ did not
succeed. -, this l Oriental
Bell Telep, =;Ostoi,
and secured. Notice. Tele-
phone Co the Tfgmrs -ele-
phone apparatus of this coin.- BIZ Poly
Ecsia, Australia, hin and Indio. They
then sent MT. Samuel Hubbard
agent To Honolulu. He arrived here W
Der g, 1850, bringing with him con~ideI n
telephone Apparatus, and soon connected
with Mr.. BegeT. a. u meeting Of the sub
seribers 10 this contemplated company he
presented "a prospectus, IN which the capital
stock was put at $4,000, divided into 1000
shares at the par value of sic. Stock to be
disposed Of as follows
To Oriental Bell Telephone Co. for Patent
right, concessions, etc, valued at $500,
$50 shares. To Oriental Bell Telephone
Co. for cash fully paid, 90 shares. 10 SUD-
scTibers the remaining 490 shares at 50 each
remaining s. per share subject to call as
required).
A charter was granted December 30, 1880,
and the company organized in due form.
Mr.. Hubbard left the Islands December
q, 1880, but before he left he rec, ived i'll
telligence that the Boston Co. he repre-
scented had disposed of its property. 1t sub
sequeutly traII5piTed that they had sold out
to- the Oriental Telephone Co, (imitedJ, OF
London, incorporated February Z, 1881. A
letter WIS ia EVIDENCE dated at the office OF
the o. L. Go. (imited), London, May Is,
1881, from Samuel Hubbard, late special
agent o.. u. L. Co., to the President OF the
II. Il. T.. Co., requesting him to transfer
the so shares standing in his maine as
trustee OF the y. B.. L. Co., as follows: sos
shares to o. T.. Co. limited, and . shares to
G.. o. Berger, as per agreement. June 8,
1881, during the absence abroad of the Presi-
dent of the II. b. L. Co, Mr.. Z. Z. Adams
diff. J., the agent of the o. Il. Co. rGO4estsd
Mr.. Berger, tile Secretary % Tie IL. B.. Il.
Co, To tralIsfeE-Ine stock to his company
winch was done a few days later by the
Secretary at the instance of the Nlce-PreSl-
dent, and il Is now held by Mr.. Adams.
TheJSecretary entered this allotment of stock
OH the stock book of the corporation rs of
January ), 1SS1-the date when the other
shares were alluted TO the subscribers. At a
meeting of the II. l.. Il. c., held September
II, 1857, it was voted to charge the Oriental
! Co. with $500, being for 40 shares at its
par value of SO per share. Against this
action Mr.. Adams, as agent, protested
formally. This suit was commenced tebru-
aTy %, 1888.
al find, after a review of the whole case
that the consideration for the al tment tC
the Orieusal Bell Telephone Co., the 45C
paid up shares of stock of the company
plaintiff, was the patent rights and cOnces-
siuns THEN held by that company, which
covered the Bel Hand Telephone anC
the Blake TTausmitteT,' and that thi:
consideration has not failed. Also that the
defendants company (~assignOrs of the
Oriental Bell Tel phone Company did not
u in the bill alleged, represent that no tel
ephOne instruments could be Manufactured
bought or sold without the consent OF tia
1.-THE last namely company, and that salt
coupan had the sOie uuu exclusive RICH
to dispose of the same, etc. Therefore,, tin
Bill is dismissed