The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1885-11-13

ships.
The income from these estates at
present, including leases, is $40, 900
year. Moderate calculations show
that these figures might be nearly
quadrupled.
The fishing rights on Pearl harbor
pertaining to the HONOLULU estate,
now leased for q short term at
S1,700, can be rented at $4,000 on
the expiration of the present lease.
A limestone quarry on the Homo
uliuli property at present pays a
small annual rent, and royalty on
the lime produced. The entire de-
mand for this kingdom may be sup
piled from this quarry, instead of,
as hitherto, importing lime from
California. The builders of Homo
lulu consider this lime superior in
quality and preferable to the Cali
fornian lime. There is also fino
limestone quarry on Kahuku Ranch.
The five mile frontage on Pearl
harbor spoken of suggests a town
site for summer resort there, the
facilities for yachting and boating
being unsurpassed, while the climate
is all that can be desired.
A vast variety of fruit or timber
trees grow with extraordinary rapid
ity. The whole Eucalyptus family,
the algaroba or locust tree (pseudo-
accacia), the tamarind, alligator
pear" guava, bread fruit, &c.
Citrous fruits especially thrive with
out care or cultivation. Many orna-
mental woods known rs koa, kou,
ohia, &C., grow we'll. India-rubber
(caoutchouc), quinine (cinchona),
and perhaps above all the ramie will
flourish, each in its suitable locality,
which may be found on these
estates.
Proposed plan for forming q Joint
Stock Company to purchase, su6-
let, sell or qcOrk these Estates.
1t is proposed to form Joint
Stock Company to buy the proper
ties described below, both freehold
and leasehold, to divide them for
purchase or lease on convenient
terms, and to work the unsold OF
Unbiased portions for the benefit OF
the shareholders.
Property consisting Of
63.250 acres in fee. $50 .25(
Capitalized value of leased land
$1,000 acres. 65.15C
$4,000 head cattle at twenty
dollars each. ............. 300, 00(
260 head horses. &c.......... 1900
$1,000, 90,
The Company's stock TO consis
Of
$4,000 shares of 500 each
.............. :. rs 200, 00(
5000 of said shares par
value 500 each. -. SO0,OO'
to be offered for sale; and
1000 of said shares, par
value 500 each. 80. 100000
To be held by the promoters o
the Company, viz, JAS. CAMPBELL
ESQ.,, owner of the honolulu ant
Kahuku estates; JNo. II. Patty
ESQ.,, of Messrs. Bishop & Co..
Bankers, principal owner of Hawai-
loa and Waimea estates; NJ. DICK
SON, ESQ. and j. G.. SPENCER, ESQ.
part owners of Kawailoa and Wal
mea ranch; Mr.. b. f. DILLINGHAM;
President Pacific Hardware Co.
AS soon as 5000 shares of tn
capital stock have been subscribe
for by responsible persons, the Com
.. pany will be incorporated and til
stock issued.
: Receipts from the sale of the stoc
will be paid over to the owners c
the properties. Deeds, leases, an
bill of sale of landed property an
of live stock to be placed in tn
hands of the officers of the Compan
appointed to receive them.
The following gentlemen hay
y consented to accept office:
President, JAMES CAMPBELL; Vice
President, j. ii. PATTY; Secretar
; and Treasurer, GODFREY BRowN.
u The following gentlemen have col
, sented to be nominated for Dire'
= tors:
, JAS. CAMPBELL.
j. III. Patty.
S. G.. WILDER.
y A. j. CARTWRIGHT.
w. f. ALLEN.
S. B. DOLE.
= B. +. DILLINGHAM.
= w. AUSTIN WHITING.
w. II. CASTLE.
y General Manager,
% B. f. DILLINGHAM.
y Sub-Manager, NJ. DICKSON.
: KAPi0LANI HOME.
The opening of the Kapiola
y Home for leDer children took Dla