The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1886-10-19

/ who should report 90 the meeting the fol
lowing morning.
! Mr.. Homer mad no objection ii il could
. be done
Colonel Spaliing was in favor OF the mo-
. ton as amended. The charter said that
/ the amount Of stock should be SO 90 in
/ = 900 shares Ii was questionable whether
/ they could change the matter Of the stock.
( but they could make some different at
rangement in relation a. the number OF
Trustees and the various articles IN the by
laws II seemed 10 him lAa5 they would
not be right in changing the amount Of
the stock. but they could put on personal
J assessments or they could agree upon a
similar assessment on the stock. II would
be quite right TO have an assessment on the
basis of the tonnage. There were certain
things for which they did not receive bene-
fit according 10 the tonnage.
Mr. J. NJ. Horner said the company Was
organized in a manner suitable for con
trolling large properties. They had moth
ing Of the kind to control and did not ex-
Poetic. Could they not have company
from which all the benefits would accrue
without the cumbersome charter AT
present they were tied down TO certain
things Let it be something like club.
There were many associations of that kind
in America and elsewhere.
Mr. Baldwin said the charter placed the
company upon a basis which gave it d
power it would not otherwise possess a
proper business basis.
The Treasurer considered 1t would De
mistake to abandon the charter if they
were going to carry on the association,
because they might not get it re
newed upon the present basis At
the same time there was not the life IN
the association that he would like to see
He thought the planters might do much
by bringing back to the association some
that had gone out with Colonel Spreckels.
Colonel Spalding said one gentleman had
told him he would like to come back. Per
haps Colonel Spreckcls had made a mis-
take in going out. 1t was no benefit to
him, and certainly not TO the association
The Treasurer said that many would
like to come back.
Colonel Spalding said there had been
certain amount of hard feeling among indi-
viduals and it had crept into the society
He knew OF no reason why it should be so
The amendment was then put and car
ried
The President then nominated the
following committee to give effect
10 the resolution, viz: Colonel Spald
ing, Messrs. ). NJ. Horner, II. p.
Baldwin, r. Halstead and 7. c. Jones
A proposal to add the name OF the Presi-
dent was unanimously approved.
On motion of Colonel SpaIding, the mat
ter of The Planters Monthly" for the
next twelve months was taken up for dis
cussiOn.
The Secretary stated that the Gazette
Company had taken the business respon-
sibility; they received the subscriptions
and the company paid them $50 month
on the understanding that they were TO de-
liver a free copy to each member Iney
would not make any other terms unless It
were for them to receive lump sum, be-
cause they did not consider it would pay
them. Ii the company took over the bust
ness arrangements they would be placing
themselves in the same position that the
Gazette" Company did not care to as
sumo. The present cost, including the
salary of editor and secretary, was 81, 500 a
year. That is the sum that would have to
be provided for
Colonel Spalding expressed his approval
of the work of the Secretary. He proposed
to double its size. He desired to have a
magazine really of service 10 every man
in the planting interest in the country. If
they did nothing else they would do more
towards keeping the company banded to-
gether than anything they could do. The
Gazette" Company was willing to pub
fish 300 copies just twice as large as the
present edition for 5000 year, and they
would take the whole thing in hand, in
| Guiding editing and collating, for 81 200.
| He desired TO know whether the Secretary
! could still continue to devote his time to
the editing as he had done.
The Treasurer asked if there would be
any difficulty in getting up double the
! quantity of matter?
Colonel Spalding said that many Of the
not done as much as they
planters 6ao Smith "''0 e Il the!
should in supplying inforrus,,-
! did he thought there would be no difficuao,.
| If they would send forward reliable in
formation relative to any experiments they
made it would be of great value He had
! only sent one article himself, and one rea-
son why he had not sent more was be-
| cause there were so many errors in IL when
/ it appeared in print that be was ashamed
! of it. 1t was not printed according TO his
! copy.
The Secretary intimated that he had
undertaken the editing merely because Mr..
| Smith had gone away IN the middle of the
| term and no one else could be found to do
1t. He had not undertaken it for the sake
OF any pecuniary profit. They were pay
ing $1,000 now, and f they could get it
done for 81 200 it would be an advantage
Mr.. Macfie was in favor of giving it over
to the Gazette" Company to do the edit
| ing, if Mr.. Thurston did not care about it.
He suggested that the Secretaryship be
also given over.
Colonel Spalding said that according TO
the bylaws the Secretary must be one of
the Trustees.
Mr.. Macfe said that the bylaws could
be altered.
Colonel Spalding moved, That the
Board of Trustees be authorized and in
structed to contract with the Gazette"
Publishing Company for the editing and
,,,,l,1T-b;,,r~ Of