The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1899-10-28
The StGthllisH Have q M
and Interesting Meeting.
FINANCIAL STATUS or COMPANY
Proposed Cornprorna.. cs soiSrrf
nous ard Har.ssins Litigation
Ftnsi Action O. pos;poned.

The wziaiaa Agricultural Company.
l.imisod. heid = mecslnE yesterday AZ
the Chamlscf uf CommrFcr 10 cons1der
The incrn2se 90 ste capital t,F tssuinE
ioleeo shaFos Us assessable STOCK al pzr
arnounsfnE io 81 sssel leee. as a method &C
compromising The lssiFashon in ~htch
the cosnpany ss ngW snVolVed. Tho
pFcsrnt csritzl of the company Ia fz.-
s-e. .eec. of shsch tlys4al leee is paid sp
stock and fz!ece..ce are assesEasse
ssoct.
The rHsrrme irnporsAnoe of the meas
urc Proposed and shc insefoss lsken
th~ruin ~ the ssockhold~rs is crtdcpc-
~, by tlsc fsca ihss os ne leleee shares
ia liItEsssoa thr bold-rs of oser 300
werc presens "r rerresensnd =; The
mecsinE. and of the shares pos IA lisi-
EasSon. llse holders us ossr Islese were
prcacnl oF FefsTcsenied.
The Chzml,cr of Commercc aAs hilcd.
all 0f The saats beng tRksn aad there
b~inE but little saandsns rootn lafa-
RESOLUTION AUTHORIZING The
COMPROMISE.
Upon sho meeting heinr called 90 CT
der. ME. .. ~. Hatch ~sos-d ihe foi-
spHsnx .os3lnssuns
De Is resolved hy me ssockholdrrs
us IN. waialna Agricultural Company.
Limited. ia sf,srtai meeting sor shis
purpufc asscmhleds
That. whereas. thss coFnpanF BE- now
involved ia shirsE-shFse suiis Ia eaui-
~. ia each of which said suits ingupc-
siuas have b~sn issued and sFe now tn
force zEsinss shss company. pfesentanE
u from cSesVtssng iis powers peosss.fg
to the coliecsson of assessments ca one
half Uf Sts working sspitsl. The pay
meat nf Whsch assessments are pow
| nrrrsszsF and cfscnltsi to the bcp<;f-
cszi rsrmsecnison of shc norppsnF's bus-
tr~ss. and is is Liable 10 become tn-
VOWED In further suits. both tn equity
and az Ian. al of Nhich VIII k"ep this
company In lisssssbon tor = Bong t'csSod
uf tine:
-And whereas such lisSfss5on &c con-
sinped Will embsrrass and tngufe the
Iconpany Ia ste business snd tepd 10 go
Fsously dspsec4sse The rslpe uf iss tsfop-
L csty ard tts ssock:
-And whereas "a 10 possible Go com
i promise and finsliY settle al &C said
4 iiuEztsoa ~ The Issue of 1aJsse shares
uf assesssblc stock os the cornpsnr st
par.
And whereas une os said suiss hsssi-
ready been cecsd-d adversely 90 thts
oonpzny - she .srcuit Court &C the
Yfrss Jrdsrssl Circuit.
-And whereas an APPEAL by thss
Iconpzny fro-n sssd oectsaon 90 the Eo-
pre-ne Court vii nercsssrslr inrolre
= period uf tsany rnonths before ANAL
I5ocsoents and tf soccassspl VIII N no
ssy bar The rgosecu;icn cf csrh and
erefy of the rernssntne thirsr-f~o
ssits:
-Ana whereas ne eusaness &C this
lconpzny ~sll az an early dx:s. tn duo
Isnd regular course. Require an tocrNzse
Iof ~orkinx cspissl of not sssss ihsn tss
par vslsc of sad IeJsss shares. wa
o. coo 60:
And whereas The rrcsaut Gnsi ee<-
tleneas of said lssiezison IN So estise-
ltv can he &cconplissec - no Other wsy
and spch presxns sesslernent of SAID Ut
lsEzttoa vii re of Erezs benrfs 60 the
lconpsnF. snd 90 csch and every share
os stock 81 THE company
Now. therefore. for the purpose of
lprotsdins additional pecessssy cssiszi
with uhtch 90 carry O. the bnstc-ss of
The company. and more particularly
for The purpose of compromising and
ansiiy srztltng The li;1Ekxson nov pend-
lag sEsiest this company. inroirins
the ounership of certzAn shares 90 tts
capital stock the capital stock of ;hts
COMPANY ss hereby incre2sed TO sIsses-
coo By The issue of leI 600 pew sssess.
able shares of The par rs1pe of 500
each.
AID The directors are hereby sp.
III
shares IN such amounts and TO spct
persoas ss tzasy sn their discretion bs
necessary fUT the purposes aforesaid
W. u Castle secoaded The resolrssop
The vice prcssdeat. Nr. DillinEham
TressdinE. stated that Ia The intaresss al
all concerned. Nr. JofTsn n Isufst0n
Who ss oao uf The attorneys Ia tbs
IpeadinE litsEstion. lad beun requesset
TO make = ststrrnent e me fscss of ths
case and ehY she cofspfosllise ~ai
proposed.