The Hawaiian gazette., 1889-10-15
LETTER FROM MIR. KINNEY.
his Investigations Regarding the owner
ship ofSugsr Plantations


vour Mondays issue in regard to the
ownership OF sugar stock were obtained
from the corporate returns for this year in
the Interior Department and were sought
for the purpose OF ascertaining how many
OF As II turned out, how few owned a
majority Of the sugar stock in each sugar
CORPORATION and therefore could control
the political policy and power Of the
same.
I took down the names OF the largest
stockholders until had a majority OF
the stock represented, and in this way
went through the list which / give here
under. leaving out names:
ISLAND OF OAHU.
Waimanalo has a capital stock of $50,
600, represented by 1 800 shares of which
one stockholder. a native Hawaiian owns
$50 shares
Heeia Agricultural Company; capital
stock $4,000; shares 1900, of which
one Portuguese owns 372 shares, two
Hebrews 800 each, whose citizenship
beng unknown to me are counted as
American
Naianae Sugar Company; capital
stock $50 900; number Of shares 2550,
OF which one German owns S42 and one
Hawaiian 500.
In explanation I would say that the
party named as q Hawaiian is the son OF
An American missionary born here eX-
ercising the full rights OF Hawaiian Citl-
zenship even 10 the holding of a seat in
the House OF Mobiles and without having
gone through the formalities required OF
aliens exercising such rights. Probably
the other side OF the House Will insist
that such should be put down as Ameri-
cans OF American citizens. L have not
thought so, nor do l now. Men cannot
be iull citizens OF two countries at once
and being Hawaiian born and having
elected 10 exercise rights here incompati-
bic with the claim TO alien citizenship and
protection, 1 have put him down Hawaii
an. In order however TO get at the exact
truth I viii especially indicate all similar
cases a. they come up
ISLAND OF MAUI.
Hawaiian Commercial and Sugar Com
pznv- capital stock so 900 900; number
OF shares lOl.OQO, OF which four Ameri
can citizens own 81 500 shares these fig
ures are from the returns for 1888, re-
turns Tor this year not vet being i'm.
Waikapu Sugar Company; capital
stock $50, 600; number OF shares $500,
OF which one American (already named)
Owls 30 and one Hawaiian, foreigner
bv birth Ownes ,063. Father said to be
Scotch and mother American.
hip2hulu Sugar Company; capital
stock $500, 900; number OF shares 800,
OF which one German owns 400, and a
firm composed entirely of Germans owns
the balance.
Reciprocity Sugar Company; capital
stock 500 ,000; number OF shares 600, OF
which two native Hawaiians hold APO
shares. and one Hawaiian born foreigner
u missionary descent owns l15.
Hama Plantation Company; capital
stock SSOO, 900; number of shares 80 900,
OF which two Hebrews, already named,
own 1850 shares.
Waikiki Sugar Company; capital
stock 500, 900; number OF shares 1850,
OF which one foreigner of Hawaiian birth,
nov IN the United States missionary
descenf) owns 500 shares, one American
owns col shares, and c. Brewer & Co., q
Hawaiian corporation, owns $50 shares.
c. Brewer K Co. has a capital stock OF
500. 600: number of shares 5000, OF
which l.263 shares are owned by a
foreigner OF American descent and Ha-
Fziian birth, holding office under the
Hawaiian Government; 1,2O7 by an
American at present a Hawaiian citizen,
and .O90 by another American.
Pzia Plantation; capital stock $780,
600: number Of shares 900, OF which
one foreigner OF missionary descent and
Hawaiian birth, owns 2,062, and another
Of similar birth and descent but now re-
siding in the States, owns 2,l56.
Haiku Sugar Company; capital stock
S500. 600; number OF shares 5000, OF
which the party named as owning 1902
shares in Paia, owns 2,5l0 shares.
OlOwalu Sugar Company; capital stock
$4,000; number OF shares 800, OF
which one German owns 3Sl; a firm
composed OF two Americans Zone already
namely and one foreigner OF missionary
descent and Hawaiian birth, own 1854,
and z firm composed OF one American,
already named, and one foreigner OF
English descent and Hawaiian birth,
owns 80.
ISLAND OF HAWAII.
Hutchinson Plantation Company;
cauiral stock $1,000 900; number OF
shares 10000, of which firm already
named owns ,999, and one American
owns $500.
Hawaiian Agricultural Company;
CAPITAL stock $4S6, 900; number of shares
$50. OF which a corporation already
named. owns ,I76 shares; a foreigner
Of Hawaiian birth and missionary de-
scent owns 9Sl, and an American owns
500
Hilea Sugar Company; capital stock
SSO9. 900; number OF shares 600, OF which
a firm already named owns ass.
Waiakea Mill Company; capital stock
$500 900: number OF shares 5000, OF
which two Englishmen own / ,25O shares
each
Hilo Sugar Company; capital stock
$500. 900: number of shares 5000, OF
which a firm already named owns 1899.
Paukaa Sugar Company; capital stock
$4,000: number of shares 1900, OF
which an English corporation owns
: .553- estate deceased American $500,
S.5Ol shares being held by the treasurer |
IN trust for the company
-Onomea Sugar Company; capital |
stock 500, 900; number OF shares 5000, |
al which 8 Hawaiian corporation already |
named. owns $500 shares, and an