The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1902-02-27
PIantatiOn1leetings
ENA ANNUAL MEETING NHE PLANTATION co..
THIRD ANNUAL MEETING HELD
TO-DAY.
Detailed Reports Presented by the
Manager and the Financial Officers.
Progress of the Wahiawa water Plan

The third report of the Waialua
Agricultural Company was made this
morning at the annual meeting of the
company al II o'clock in the assembly
hail of Castle a. Cooke, the following
directors were chosen for the year: j.
j. Atherton, w. II. Allen, +. j. LOwrey
w. A. Bowen and Henry WaterhOuse.
Manager GoOdale in response TO
question, volunteered the Information
that there was a great Improvement
in sucrOse. Several stockholders COM
pared the small yields of juice from
low land cane TO that produced during
the early years of Eva plantation.
on motion of j. b. Castle, arrange
ments were made TO adopt "a new set
of bylaws whereby all possibility Of
trouble from Irregularities I'm the bond
issue should be cOunteracted. sup
Elementary trust deed will be made
over to the Hawaiian Trust Company
for that purpose An amendment to
the charter and bylaws, regarding the
mortgaging Of such parts Of their prop
Crty as were deemed eXpedlent for the
covering of loans could be negotiated.
The word the i'm the title Of the COM
pany is further to be eliminated from
bylaws and charter in the future.
Treasurer Bowen stated that he had
less than One-half of the addresses Of
stockholders and asked for a full ad-
OIebS ana name from al NblAN1l AlNN'
Reports Of officers were presented.
Manager Goodales report of the year
at Waialua contains the following:
Planting the crop of 1901 was finish
ed i'm January 1900, and re-plantlng IN
February Grinding the crop was be-
gun on January 2lst, and was finished
on August II. The total yield was r.
Ol913 tons cut from 2.OOllI acres. An
average yield of 6 tons per acre. We
/ a.yyagfaT 10 talyn pf 1G 600 TONS The
| shortage of 3,9SO.S7 tons was due to the
dry weather which reduced the yield Of
the cane earliest planted on lands irri-
/ gated by water from the KaukOnahua
stream, the short growth Of the late
| plant and the rains Of November, De
/ cember, January and February, lSOl,
which prevented the riDening of he cane
/ and resulted I'm low quality Of the juice.
"The crop of 1902 Is to be harvested
/ from 36777 acres Of plant cane, ] r.
. O59 GA acres Of . year ratOOns, ana oOJ
/ acres Of year ratOOns. a total area OF
/ 2,727.41 acres As reported last year
; the crop Of 1902 will be short 800 acres
/ Of plant cane, owing TO delay IN Bellllls
/ pump No. g. Grinding the crop OF l9O2
was begun on January s. Up to this
| time a number of small detached fields
/ Of plant and ratOOn cane have been cut,
Cane tassled this years on the hlgh
lands of Waialua and kaWallOa only.
/ The juice of the cane cut on the lower
/ lands is of low density and purity, but
better than that Of last year. Estimat-
| ed crop of 1902, 10000 tons.
Careful SURVEYS and estimates have
been made for the proposed dam across
. the KaukOuahua stream for storing
. storm waters. The upper ditch for de-
, livcring the water Of the stream on the
/ Wahiawa settlement lands and develop
ment Of power is to be finished about
March I. The total expenditure on this
. account to January ! is S6S,62S.25 for
which The Waialua Agricultural Co.
Ltd. is to receive stock i'm the Wahiawa
Water Company. Stock has been
bought I'm the California and Hawaiian
Sugar Refining Company to the amount
of $25.O40 90 and "a 100000 worth Of stock
i'm the Hawaiian Fruit and Plant Corn
many. which carries with 1t 36 shares OF
/ WahiaWa Water COMPANY stock and
controls q part of the land near the
head waters of the KaukOnahua stream
During the three years and three
months Of DEVELOPMENT Of this planta,
ton we have had the change from ar
abundance Of cheap labor to a scarcity
of men at high wages. have suffered
great losses from delays in delivery OF
pumping machinery preventing early
-lantng of the lands prepared. Have
lost by failure to arrive Of machinery
for the mill, which delayed grinding
and resulting in deterioration of tn,
cane for the crop Of 1900 and shOri
growth Of ratoons for the crop Of 1902
1T must be remembered we had tC
pay the highest prices for machinery
and other materials at the time wher
we were making our greatest pur-
chases. Sugar was high when we haC
none to sell, and low when we began tC
ship our product All these causes
have made systematic development Of
the plantation impossible and post.
noned the payment Of dividends. ThC
plantation is now fully equipped anC
we are ready to plant and harvest ou
crops at the proper seasons"
The receiDts from the sugar crop O
1901 We're $75S.426 so and the total re-
ceipts including that from the sale O
bonds at a premium netting S615 $50
were $l7OO,5O3 54 The total cash out
lay for operating expenses were ST.
OO9, ,7O8 &c.