The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-02-22
REPORT AS
TO KONA
Receiver Allowed
to Borrow
$4,000.
MONEY RAISED
IMMEDIATELY
Wundsnberg's Preliminary Report
to Humphreys Says Plantation
Laborsrs Are Without Food.

airy report to Judge Humphreys yester-
day as receiver for the Kona Sugar CO.
and by virtue of that statement ano
the consent of all parties to the suit
an order was made allowing him tc
borrow 0,O0O for the immediate needs
of the plantation. Mr. Wundenbers
departed at noon yesterday for tour
of inspection of the property and will
make another report Immediately upon
his return.
The Kona Sugar Co. matter was the
first case called before Judge Humph-
reys yesterday and Wundenberg'
through his attorneys. Immediately
presented his motion to be allowed to
borrow $4,000. BY consent of the attor-
news representing Bishop & Co, n. w.
McChesney & Sons, The Kona Sugar
Co. the First American Savings and
Trust Co. and w. w. Bierce, the order
was made, Judge Humphreys stating
that as the steamer was to leave at
noon the attorneys should examine the
| papers at once, as everything depended
upon immediate action. Magoon ana
Dillon. attorneys for the administrator
are to be required also TO file an order
| setting out in detail the duties, powers
and limitations of the receiver.
The following is the preliminary re-
port of F. Wundenberg as receiver for
the Kona Sugar Co.
To the Honorable a. S. Humphreys,
First Judge of the Circuit Court,
First Judicial Circuit, Territory OF
Hawaii:
The undersigned, F. W. Wundenbers,
receiver of the Kona Sugar Company,
Limited, in the above entitled cause
and of all its property and assets by
order of court issued out of this court
on the nth day of February, a. d. 1907,
begs leave to submit herewith his pre-
liminary report upon the financial status
of the Kona Sugar Company, Limited,
and the present condition of its business
and property affairs.
The receiver has not yet had an OPP
portunity of visiting the property, but
has completed arrangements TO visit the
property, located on the Island of Ha-
wall by the steamer Mauna Loa leav-
ing Honolulu tomorrow, February list,
at y o'clock noon.
The receiver, however. without having
visited the property, has made sufii-
cient investigation into the affairs of the
Kona Sugar Company. Limited, to know
that the laborers and employees of said
company have not been paid their wages
or salaries for many months past; and
further, that Il crop of cane is now in
the ground on the plantation of the said
Kona Sugar Company, Limited, ripe and
ready to be cut. but that the mill OF
said company in which to grind said
cane is in an unfinished condition, and
unfit as it now stands to initiate the !
grinding of said crop; that all of the
material and machinery necessary to |
complete said mill so as to begin grind |
ing operations are now upon the ground |
barring some fittings and fixtures which !
can be obtained in Honolulu, and which |
would cost in the neighborhood OF a |
thousand dollars, and that there is a |
crying necessity for these fittings to be |
set up at once as considerable time viii |
be occupied, after they are on the /
ground, in putting them in. creating a |
delay which goes toward depreciation |
of the crop. which, by rights the COM |
Pany should be harvesting now.
Furthermore, the receiver respectfully |
shows unto the court that the laborers !
only been without their wages and sal |
aries for a number OF months past. but |
further that there is now an actual !
shortage of food and supplies for the /
sustenance of such Iaborers and en- /
ployeS, and, q result of these cOndi- (
tions, it is with the utmost difficulty |
that the manager of said Kona Sugar /
Company. Limited. has been able to keep /
the laborers on the place, and at this /
very time said Iaborers are threatening
to desert, and work is necessarily at a
on said plantation.
Your receiver further reports that said
kona Sugar Company. Limited is alb
Solutely without money or assets of any !
kind, and without credit or any means
whatever OF raising money except |
through the receiver of this court. and
the means at the command of this
court of raising money for the pTeserva-
ton of the property of the Kona Sugar
company. Limited, pending the final de
termination Of proceedings herein.
In conclusion your receiver reports
hat. in his opinion. there is imperative !
necessity to borrow at once sufficient
money:
First: To buy food and supplies for
he sustenance of laborers and employees (
IF said Kona Sugar Company Limited.
Second: To purchase and forward by
steamer tomorrow the fittings absolutely
essential TO enable grinding operations
q commence; and
Third: To make some cash payment
% the laborers TO quiet them until your
'eceiyer can examine the property and
make an exhaustive report TO this court
mon the general condition o. the affairs
y said koua Sugar Company Limited
All OF which * respectfully submitted.
7. WUNDENBERG.
Receiver
Honolulu. February Goth 1902
Attached To the application for the
rider authorizing loan was an Aft
'avit BY Robert HawkshurSt Jr.. ii
which lac states that ne has been su-
'erirtending the construction Of the
abroad. and that AT present the cost OF!
transportation of cane u the mill is
The aftiant sets out also the need Of
,iping and fixtures. and that a
risis in the labor situation viii be
cached unless there i immediate re-
ief and there VIII be wholesale deser-