The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1900-07-21
COMNG.RAPID TRANSIT PLANS
COMPLETE SYSTEM PROMISED IN
A YEAR.
Company Will Run Ten Minute Cars
During the Day and Twenty Minute
Cars at Night.

The Honolulu Rapid Transit and
Land Company in it's prospectus just
issued has made the first official an
npuncement of it's status, plans and ex-
pectations since the company was or
ganized.
It is announced that of the $500, 600
capital, $250,000 has been paid up and
$4,000 of the capital stock is in the
treasury to be issued in the future The
estimates of cost of construction md
equipment including site, buildings, and
machinery is placed at 5000 600 $500, 900
of which will be provided by the issue
of stock ($250,0O0 having already been
issued and paid) and 100000 by the
issue and sale of 6 per cent. 20-year
gold coupon bonds, with the privilege Of
redemption after ten years, secured by
first mortgage on all of the Company's
franchises and property, at present
owned and to be acquired. This issue
will be known as Series "a" and is
part of an authorized possible issue, of
5000 1000. The remaining 5000, ,000 if is
sued, to be used to purchase the fran
chise and property of other corpora
tions, having objects altogether, or in
part, similar to the objects of this Com
pany, or to extend the tracks and
equipment of the Company.
The Company is the owner of a very
desira BILE pOwer-house site containing
upwards of two acres, for which Thirty
three Thousand Dollars (s33,OOO) mas
been paid, and upon which the car
barn, engine and boiler rooms and Of
| fees are now being erected, all the nee
essary foundations of a most substant-
ial character, having been completed
After an exhaustive examination of
the different street railway systems in
use In the United States, the Directors
determined to install an overhead cleo
trio system.
THE Company has purchased, at an
expense of upwards of 100000 and has
in transit, the following material and
equipment:
Three 340-h. p tandem. compound
condensing engines of the Corliss type,
with the necessary auXiliaries includ-
! ing condensers and Green's fuel econo-
mizer. Three 300 Kilowatt generators
direct connected to engines. Three
260-h p. Babcock & Wilcox water tube
boilers. Thirty-five cars of the most
approved design, with cross seats and
centre aisle, having seating capacity
of from thirty-two to forty passengers
each. Included in these are eight Dup
| lex convertible cars. Three thousand
tons of eighty-five lb. girder rails with
/ the necessary channel plates, tie-rods,
bolts, spikes and copper bonds. This
will-lay twenty-thiee miles of track.
| Cedar ties and poles for ten miles of
I the road bed and overhead structure.
THE material includes zoo, 900 bricks
and steel trusses for the car barn,
| power-house and office quarters. and
other material consisting of tools and
/ the necessary appliances to be used in
construction.
| Constructing of the road bed will
begin during the early part of Septem-
/ ber next and it is expected that the
entire mileage of at least twenty miles
will be in operation within year from
the present time. The system will ex-
| tend through the business parts of the
| City, reaching all the suburban districts
toward the North, East and West, the
South being towards the water front.
! Construction throughout will be of a
high class.
/ THE entire system, consisting of six
different routes, will be operated on a
/ ten-minute headway service from G
o'clock a. m. to o'clock p. M, and from
! s o'clock p. m. to II o'clock D. m. on a
| twenty-minute headway.
"The climate of the Hawaiian ISL
ands," adds the prospectus, "on ac-
count of its enervating character. is
such as induces traffic. If the oppor-
tunity to ride is given, advantage is in
variably taken of 1t, consequently TAX
ing the population at thirty-five thou
sand it is equal to any city of
double that population in the United
States, for railway traffic purposes"