The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1894-09-04
THE ELECTRIC CHARTER.
The Privileges Asked for by the
Victoria Company.


The Victoria Company, which
proposes to build an electric rail-
road here. if a charter can be OBJ
tanned from the Government, asks
that such a charter shall contain
the following privileges:
The head office shall be in Homo
lulu.
That msjority Of the directors be
residents Of the Hawaiian Islands.
Provisions for organization OF the
company and the powers OF directors;
power to borrow money and secure 1t
bv mortgage; power Of trustees to
foreclose in default Of payment.
That the company be authorized to
build. equip and operate an electric
railway 10 the Pail and Waikiki, and
through the streets indicated on the
annexed map, or through other
streets which may be az. eed upon,
the work upon such streets being IN
der the supervision OF tue Govern
ment.
Fares within the city proper not TO
exceed five cents; special rates for
sDacial accommodations, II cOmmun-
inv de-ira first and second class ser
vice: ten cents to Waikiki, and con-
tiuuous travel TO the Pail not TO eN-
coed fifteen cents
Comuauv TO have right 10 acquire
land and open streets as indicated on
the map; If not opened by the Gov
eminent: to lay sidings and occupy
stations.
To have the right to buy, sell,
manufacture electric motors ana ap-
piiauces aud deal in same.
The construction of the ROAD 10 De
begun within nine months from
granting Of charter.
.Note.-The preliminary surveys OF
the route; the prOfles OF the grades,
the diagrams showing curves ana
switches: the manufacture OF the Varl-
Gus electrical appliances, TO De IN
accordance with such surveys Will re
ouire several months. The rails can
not probably be made and delivered
from any European port within SIX
months from the date Of ordering the
same Grading and work on the ROAD
beds should not be begun until the
rails are on the ground so that dis.
turbance TO traffic would be a brief
a. p1ssble.D
The road, approximately fifteen
miles in length, as indicated on the
map. to be in running order within
two wears from granting of charter,
otherwise the UnOccupied portion OF
the franchise to be forfeited, unless
extension j. granted by the Govern
ment. hut delays owing to litigation,
strikes or other cause for which the
company is not responsible, after eX-
ercising due diligence, not 10 be
counted.
The work to be done in the best
manner according TO the best modern
practice.
.Note.-The cars will conform TO the
latest improved design, style and
equipment
Provision to be made to protect the
public against poor service, the Gov
eminent holding the right, under just
restrictions, TO compel first class SER
vice. with reasonable rates OF fare.
That the bonded Indebtedness and
capital stock shall not exceed the
reasonable cost of construction and
equipment 10 the Company, and
twenty-five per cent. thereon.
All material and supplies used in
the construction and equipment OF the
road to be admitted free Of duty.
The plant, or securities based on it, .
TO be exempt from taxation for ten
years.
Note. Owing 10 the present de
preston in business in all countries,
the material and supplies necessary
for the building and equipping OF the
road, can now be purchased or con-
tracted for at rates, which will I'M
doubtedly advance with the restora-
ton Of business prosperity. The cost
will necessarily be great, exceeding
half q million of dollars, and it would
be to the advantage OF those interested
in the undertaking, and who must
take considerable risk in il, to reduce
the cost as much as possible, consist
ent with the objects in view.)
The promoters of the enterprise
above set forth, are:
James Dunsmuir, of Dunsmulr d
Sons, owners of the Wellington and
Comox Galleries; president OF the
Albion Iron Works Co, Victoria
president of the Esquimalt and NaDai-
mo Ry. Co.; John H. Turner, senior
partner of the firm of Turner, Beeton
& Co. wholesale dry goods mer-
chants: Thomas B. Hall, president of
the British Columbia Board of Trade
in 1925. and managing director of the
Victoria flour and rice mills; Frank
w. McCrady, superintendent of the
Victoria electric Ry. Co.; Robert |
Menaugh, electrical and mechanical
engineer: Clinton G. Ballentyne of I
Victoria; VIM. y. Armstrong and 4
James B. Castle Of Honolulu.