The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1889-10-09
LETTER FROM MIR. KINNEY.
His Investigations Regarding the Owner
ship of Sugar Plantations.

Mr.. EDITOR: The figures I gave in |
your 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
or as it 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.
took down the names of the largest
stockholders until had 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 $780,
900, represented by 800 shares of which
one stakeholder, native Hawaiian owns
$50 shares.
Heeia Agricultural Company; capital
stock $150,000; shares 1900, of which
one Portuguese owns 372 shares, two
Hebrews 800 each, whose citizenship
being unknown to me are counted as
| American.
Waianae Sugar Company; capital
stock 1855, 900; number Of shares $3.50,
of which one German owns 842 and one
| Hawaiian 500.
In explanation would say that the
party named as Hawaiian is the son of
an American missionary born here ex-
ercising the full rights of Hawaiian Citi-
zenship even to the holding of 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 or American citizens. | have not
| thought so, nor do | now. Men cannot
| be fall citizens of two countries at once
| and being Hawaiian born and having
elected to exercise rights here incompati-
| BILE with the claim to alien citizenship and
| protection, have put him down Hawaii
| an. In order however to get at the exact
truth | will especially indicate all similar
cases as they come up.
ISLAND OF MAUI.
Hawaiian Commercial and Sugar Com
pany; capital stock $40 900; number
of shares 100000, of which four Ameri-
can citizens own 81 800 shares (these fig
ures are from the returns for 1888, re-
| turns for this year not yet being I'M.
Waikapu Sugar Company; capital
stock $250,000; number of shares 900,
of which one American (already namely
! owns ,220 and one Hawaiian, foreigner
| by birth ownes 1908. Father said to be
| Scotch and mother American.
Kipahulu 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 $60,000; number of shares 600, of
which two native Hawaiians hold APO
| shares, and one Hawaiian born foreigner
Of missionary descent owns 115.
| Hama Plantation Company; capital
stock 100000; number of shares 80 900,
of which two Hebrews, already named,
own $3.50 shares.
Waikiki Sugar Company; capital
stock $265, 900; number of shares 1850,
| of which one foreigner of Hawaiian birth,
now in the United States missionary
pWIlS OUO SIldTSS, one american
owns COL shares, and G. Brewer & Co., a
| Hawaiian corporation, owns $50 shares.
| 4, Brewer q Co. has a capital stock of
| 100000; number of shares 5000, of
! which 1,263 shares are owned by a
| foreigner of American descent and Ha-
waiian birth, holding Office under the
Hawaiian Government; 1907 by an
| American at present Hawaiian citizen,
| and | 600 nv aDOt her American
Paia Plantation; capital stock $780,
| 900; number of shares $500, 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 2,156.
Haiku Sugar Company; capital stock
| $5O0,0OO; number of shares 5000, of
which the party named as owning 1902
shares in Paia, owns 2,51O shares.
Olowalu Sugar Company capital stock
| $150,000; number of shares 1900, of
which one German owns 38I; firm
composed of two Americans Zone already
namely and one foreigner of missionary
descent and Hawaiian birth, own 364,
and firm composed of one American,
already named, and one foreigner Of
English descent and Hawaiian birth,
| owns 250.
ISLAND OF HAWAII.
Hutchinson Plantation Company;
capital stock $1,00O,OOO; number of
shares 10000, of which a firm already
named owns 1899, and one American
owns $500.
Hawaiian Agricultural Company;
capital stock $436, 900; number of shares
1880, of which corporation already
named, owns 1,176 shares; a foreigner
of Hawaiian birth and missionary de-
scent owns 931, and an American owns
500.
Hilea Sugar Company; capital stock
$500, 900; number OF shares 600, of which
firm already named owns 4S8.
Waiakea Mill Company; capital stock
100000 number of shares 5000, of
which two Englishmen own 1850 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
1000; number of shares 1900, of |
which an English corporation owns
1858; estate deceased American $500.
S.5Ol shares being held by the treasurer
in trust for the company.
Onomea Sugar Company; capital |
stock 100000; number of shares 5000, |
of which Hawaiian corporation already