The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1897-12-01

Mill Company and proceeding geographical order the
island and lastly the Oahu
Kauai
Taxpayers valuation ................. 81 100000
ASS valuation 1 100000
Appeal by Assessor
Land 1879 fee simple; 900 easeod Tonnage of
sugar increased from 5,54s in 1892 1903 in 1896.
Area OF cultivated land given The Weld large per
Is to Ito of land is leasehold.
Land mainly irrigated Supply of water abundant
Detailed value OF property returned including IIanamauu
Mill 1923, 915.5O
Dividends in $4,000; 1s93sse average annual dv
dends S169,75O.
Gross receipts for 1896. .......... .s5ss,231.71
Actual running expenses, 1896. ....... 354,6S3.83
Net profits to 1st January, 1897 .$233,547.SS
In addition paving dividends apparent that large
sums expended from year year improvements and
argement of increase the output and efficiency
of the estate
Capital stock 100000 par value 800 share Stock sold
in 1896 s275 and $500 claimed by the taxpayer that
$500 per share paid in for sentimental
stock An apprasement made in
1896 by w. F. Allen, p c. Jones and F. Dillingham; fix
legacy duty valued block of 500 shares little 1896
share At this rate the whole plantation would be worth
$2OOOOOO is
We place the valuation of the property in question at
s1,3ooooo
Grove Farm &C. n Wilcox. District of Lihue, Island of
Kauai
Taxpayers valuation $4,000
assessors valuation .............. 1oo'4oo
Tax Appeal Courts valuation 16S,45O
Appeal by Taxpayer.
Land, $3.50 acres fee simple 900 in cultivation.
Tonnage of sugar increased from 1903 1895 1927 1896
Land irrigated. Good supply of water.
No detailed valuation given Returned in 1896 by taxpayer
worth $171 5O56S.
Gross receipts for 1896. ........... $11731s63
Actual running expenses 1896. 67OS27O
Net profits o January 1897. s. SO, 1858
Has with Lhue Plantation Co. to manufacture his
sugar giving retaining of products contract has u
pnexpred Average net income for five 18921S96,
$2O,115. Average yield per
We for lowering the valuation of the Tax Appeal
Court and place the al $16S45O.
Waakea Mill Company. District of Hio Island of Hawaii
Taxpayers valuation ................. .$64O,OOO
Assessors valuation .................. 100000
Tax Appeal Courts valuation .......... $4,000
Appeal by both parties.
Land of ''Waakea easefod $4,000 acres, 81 years
PRED available $500
Tonnage of sugar increased from 541 1887
Has abundance of has superior transportation and shipping
facilities.
Detailed value of property returned, sa45 245oo annual
average dividends, 1SS71S96, $1122OOOO.
Gross receipts 1896. .............. .$4OS, 1898
Actual running expenses, 1896. ...... 235, 261.64
Net profits to 1s January, 1897 .$172,92s.24
Capital stock 100000 No stock quotations.
We consider that the assessors valuation high
place the value at $4,000.
Hlo Sugar Company. District of Hio, Island of Hawaii
taxpayers valuation ....$ 100000
Assessors valuation OBSERVATION-DISCLOSURES. 100000
Tax Appeal Courts valuation. ......... 725OOO
Appeal by both parties
Land 1926 fee simple, of which 24OO and
easehod Sill acres of which 1000 land Tonnage
in evidence. For 1896, 1915 Has abundance of
Has superior transportation and shipping facilities
Detailed value of property returned $446,SS2; annual
average dividends, 1SS71S96, $1655OO
Gross receipts, 1896. ............. 1858, 1884
Actual running expenses, 1896. $500. 265,259.1O
Net profits to 1st January, 1897. .S197, S63.74
Capital Stock $5OOOOO Stock sales 1896 $3.50 to 800:
par value $1OO
We consider that the Assessors valuation high and
place the value at $4,000.