The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-03-17

personal property that is TO say:
One hundred shares of the capital stock OF
| the California Sugar Refinery. a corporation
existing under the laws of the State OF Cal1for-
MIA, evidenced by certificate No. -; also,
twenty five hundred shares of the capital stock
| OF the Paauhau Plantation Company, a corpo-
ration organized under the laws OF the Ha-
wallan Kingdom, evidenced by certificate NO.
| -, and also, three hundred and thirty-four
shares of the said Hilo Sugar Company, evil
denced by certificate No..
And said party of the second part turther
agrees to pay forthwith to said party ot the
| first part $3.50 in said gold coin in repay
ment OF assessments paid by said party OF the
nrsL part on 800 shares of the capital STOCK Oh
| the Hawaiian Commercial and Sugar COM
pany.
And said party of the first part further
agrees that the balance of 100000 due to the
mortgage now standing in the name OF John
A. Buck upon the property of the Hawaiian
commercial and Sugar Company may be pald
Tor out OF the proceeds OF the crop OF sugar OF
seid company OF 1894, now maturing, and no
proceedings shall be had or taken upon salo
mortgage unless said balance is not so paid out
OF said proceeds, and said party of the seconu
part hereby agree that the same shall be paid.
1t is further agreed between parties hereto
that the said C. A. Spreckels may have the
right at any time before either one OF the
said annual payments natures, to pay OIL not
less than one-third of either one of said annual
payments, and in such event, SAID Z. A.
Spreckels shall have returned to him one
third of the securities herein pledged to secure
such annual payment.
Witness our hands this 4th day of January,
1894.
CLAUS SPRECKELs
By John D. Spreckels his attorney in fact.
CLAUS SPRECK Is
By A. B. Spreckels, his attorney in fact.
G.. A. SPRECKELS.
In presence of Russell J. Wilson.
/ concur in above mentioned pledge OF shares
of stock and so far as nv interest therein eX-
tends, agree that the same shall stand as Sc
curity in manner provided in the foregoing
agreement
In presence of Russell J. Wilson.
r. SPRECKELs:
For valuable consideration 1, Claus spreckels,
herewith sell, assign and transfer to the order
of the Nevada Bank of San Francisco the within
described agreement and the several sums OF
money due thereon of January 4, 1894, be
tween Claus Spreckels and c.. A. Spreckels and
r. Spreckels.
also transfer and assign to the Nevada Bank
all the collaterals as specified in this agree
ment.
San Francisco, December %, 1894.
CLAUS sPREcKES.
Attached to the affidavit of John f.
Bigelow was the following letter from the
president of the Nevada Bank, referring to
the transfer of shares, the terms of which
were accepted by G. A. Spreckels:
SAN FRANCISCO, Dec. %, 1894.
C. A. Spreckets San Francisco, CdL.-DEAR SIR:
In the agreement entered into on the 4th day
party of the first part and yourself as party OF
the second part, it is provided that you pay three
hundred and fifty thousand seven hundred
and fifty dollars in gold coin on the 4th day of
January, 1895, together with interest at the
rate of per cent per annum, from and after
said 4th day OF January, 1894; and 1t Is
further agreed therein that you may have the
right at any time before the said annual pay
ments mature to pay off not less than one
third of said payment, and in such event that
you shall have returned to you one-third of
the securities therein pledged to secure such
payments.
You have rendered to us one-third of the said
first installment sum, together with the inter-
est due, and have demanded of us one-third OF
the securities, as provided for in said agree
ment.
We are able to give you certificates for the
number of shares in the capital stock of the
California Sugar Refinery to which you are en-
titled upon payment OF said sum, viz, thirty
three and one-third shares; and also
able to give you certificates for eight hundred
and fifty shares of the capital stock OF the
Paauhau Plantation Company; but as the GER
tifieate of the Hilo Sugar Company stock in our
poss session is undivided, we are unable to hand
to you at this time the certificates for number
OF shares OF said stock to which you are enti-
tied upon the payment of said money and in
terest, viz, one hundred and eleven shares.
The certificate of the Hilo stock which we
hold must be sent to the Hawaiian Islands for
segregation before we can hand said one hun
dred and eleven shares.
We propose that you pay to us Silt $50,
together with accrued interest, and we will
forthwith hand to you thirty-three and one
third shares OF the capital stock of the Cali
forni& Sugar Refinery and $50 shares of the
capital stock OF the Paauhau. Plantation Com
pany and we will at the arliest,opportunity for
ward the certificate OF stock in the Hilo Sugar
Company held by us to the Hawaiian
Islands to be segregated so that we may
hand to you Ill shares and up4n the
return thereof the same will be handed
over to you and in consideration of the
said payment to us of said sum of $117 $50
and accrued interest as aforesaid, and the de-
lay suffered by you in receiving said Hilo
Sugar Company stock we will grant, and there
is hereby granted to you an extension of time
within which to pay the balance of the said
first installment now due, being 1924, 500, to-
gether with interest thereon until paid (said
balance being the balance OF the first payment
provided for in said agreement, dated January
4, 1884, and said time for paying the balance
OF said first payment is hereby granted until
IL days after said certificate of one hundred and
eleven shares of the capital stock of the Hilo
Sugar Company shall have been delivered to
you by US at your Office, 119 Bush street, San
Francisco, and upon payment of the said bal
ance of $234,5O0 with accrued interest, there
shall be returned to you 6623 shares of the
capital stock of the California Sugar Refinery
1850 shares of the capital stock of the Paauhau
Plantation Company, 222 shares of the capital
stock of the Hilo Sugar Company, said shares
of stock being the balance of collateral held by
US security for the said first payment
Yours truly, IsAIAs W. HELLMAN
President of the Nevada Bank of San Francisco.
accept the foregoing proposition
G. A. SPRECKELs.
Iconcur in the foregoing proposition and ac-
ceptance. r. SPRECKEIs
Witness: CHARLES s. WHEELER.
Received above sum Of. Sly $50 90
interest. ACKNOWLEDGEMENTS. 1888 so
Total. .......................... SLY ,5s3 so
December %, 1894.
= Transfer of shares will be at my expense.
C. A. SPREcKELs