The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1901-03-22
N BRYDE annual NFETIAG
OFFICERS AND DIRECTORS ARE
REELECTED.
Change Of Manager Announced Man
ayers Report is Very Complete CIV
ing Details Of Work Accomplished.

The annual meeting of the ,to,khold-
ers of McBryde Sugar Company Linn
tied was held this morning at the
Chamber of Commerce, "A very large
proportion Of the stock was represent
ed. The reports of the manager ana
the treasurer We're adopted. and tue
officers and directors were reelected
with the exception of the auditor.
Henry Holmes declining a reelection
and II. Il. keyworth being chosen i'm
his place, The officers and directors
chosen were u. r. II. Isenberg. presi-
uent, Is. T.. Dillingham;, vice president;
r. M. SWanzy, treasurer; G.. e. Davies.
secretary; T.. r.. Keyworth. auditor. A
NJ McBryde, Albert Wilcox. r.. w n
PurNis, j. M. Lydgate and W. ID. Nc
Bryde
The treasurer's balance sheet shows
resources and Liabilities each of S3.7SS.
955.62 Included i'm the resources are
growing cane valued at S592. 0S8.47. and
treasury stock valued a $5l 400 In the
liabilities are included S69S 5lg. the pro-
ceeds of the sale of 500 900 of the com
panys bonds The expenditures for per-
manent Improvements during the wear
were $11l,IZ2.l6 The operating eXpenses
We're Si45,6S61 The earnings included
Sl"5,-oo.4' from the sale of 1852 tons of
sugar.
The report Of Manager e. e. Conant
/ is very tull and complete going into de-
talis OF the work accomplished on the
subject of crops the report saws.
Our present crop. now being ground
Is estimated TO yield $500 tons one
hundred and fifty acres of this crop
{ having been taken for seed The crop
to be taken off next January to wit: the
/ l5Ul-2 crop. consists of 1.45O acres of
pant AZ acres of long rattoons and 100
acres OF short rattoOns. and making
allowance for late planting and cane 10
/ De used Tor seed, is estimated to Yield
IS.OOO tons. We plan to plant a cron
t TINS coming year that with rattoons
will net $4,000 tons
While on the subject, it should be
3 stated that the stockholders need have
1 no misgivings as to the quality of The
Companys cane lands or the yields that
can be expected from them. We have
o,OOO acres of cane land, 5000 of il nm
( der the 400 feet elevation. OF the 2 600
acres above the 400 foot level. some OF
II is ilrst and some second-class land.
but the 1900 acres below that level Is
an nrst-class and lies well. l. 200 acres
OF IT being in one unbroken field. 700
In another, and 500 each in two Others
all OF these fields having a uniform
! gradual slope to the sea- Plant this
land seasonably give it an adequate
anu ana STEADY supply of water and fertilize
IL on the lines established among pump-
ing plantations and it will stand wen
up in the list of plantations in it's
yield" 80
or the water supply the reports saws.
/ 10 sum up then, on the water oues-
@ ton we have a pumping capacity of 27,-
OOO,OOO gallons and an additionaI Ao1y
OF OF mountain water available by gravity
for our cane fields of five to ten million
sallons daily, according to the season
OF the year, and in addition an enor-
nous amount of flood water available
Tor use by the development of adeouat te
reservoir capacity. The reservoirs thus
Lar @ Constructed on the plantation and
capable OF holding 3l0 000 900 gallons
nave cost the Company $23.513. 30 for
thelr construction, and quickly paid
Tor themselves in the saving of coal
alone They are made with earth dams
ana are located where there is sub
stantial depth of earth and no rocks.
The holding qualities of these reser.
yoirs is good and they have proven
themselves by actual test to be a de-
cided success"
1t was announced to the stockholders
that the directors had made a change
In the managership of the plantation
Wllllam Stodart being made manager
IN place of r. E. Conant. In making
/, tne announcement w. A. Kinney said,
Il am requested by the Board of Di.
rectors to announce that a change in
the management of the plantation has
taken place, Mr.. William Stodart sue.
ceeding Mr.. Conant as manager The
: Directors have come to the conclusion
that the interests of the Company re.
: quire a high-class engineer in charge OF
the property. The Company owns near.
ly million dollars worth of high-clas.
machinery and isolated as we are from
Honolulu, breakage or accidents NIGH
entail very serious results.
The Directors have come TO realiz,
/ a Of he
we nave had to solve are mechanical
J and engineering not agricultural.
! The above statement is made in or
der to avoid any injustice to Mr.. Co
) nant. The Directors have found him {
thorough-goin common Sense. harC
J working, economical and very honor.
able official, and an authority O. plant
ing matters. His treatment of the la
Dor problem has been above criticism
I and If the McBryde Plantation was no
largely pumping and engineering pro
: position in all probability no chang,
would have taken place"