The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1902-06-05
RAPID TRANSIT PLANS
WHAT THE WORK ON KING
STREET MEANS.
Alternative routes on Waikiki Road or
Crusher Being Set Up.

The plans of the Rapid Transit Com
pany as they are now being worked out
are to build the King street line from
South street to the Waikiki turn. BY
the time this point is reached, it is eX-
pected that it will be determined whe-
ther the company can get through the
McCully tract on the line from Alex
ander street, a great deal of filling for
which is already done, but further work
on which is at present stopped by in
junction. If the company can get
through on this line, the King street
line will be continued out on King
street to the junction with this line,
and so continued out to KapiOlani park
If this cannot be done, the company
proposes to build out along the Waikiki
road to the park. The widening of
Waikiki road by the government has so
far progressed, that it is expected the
government will be in possession of ALL
or most, of the property required for
the opening by the first of next month.
The Rapid Transit Company already
has the right to go on to the Waikiki
road as soon as it is widened. The road
will run along the mauka side of the
road the whole distance, if this course
is taken For a considerable distance
of the way, its tracks will be entirely
on land added to the road
AT present there is a comparatively
small force at work on the actual track
construction Of King street. The rea-
son given for this is that it is necessary
to get considerable amount of crushed
rock for ballasting ahead of the work
of track laying. The rock crusher is
being put into position today at the old
John Ena quarry on the mauka side of
Beretania street on the way to Moiliili
church. This crusher is a duplicate of
the one used to furnish the crushed
rock for ballasting the Palama extern
sion of the road
At South street. the King street line
will connect at present with track al
ready laid down South street and to be
extended to the water front. 1t will
also connect by track already laid with
the power house a the corner of Ala
PAL and Beretania streets, and with the
main line at this point
Tomorrow two meetings of the stock
holders will be held, one at $3.50 o'clock
and the other at o'clock in the after
noon. The object of the morning meet
ing is stated in the call to be to con-
slider the disposition to be made of GER
tain shares of the capital stock of the
company heretofore authorized to be is
sued, and for such other business as
may come before the meeting. The OBJ
jeCt of the afternoon meeting as stated
in the call for it is for the purpose of
CONSTRUCTING lue DIOpOSlllOu TO du-
thOrize bond issue of $l,000,000. The
purpose of the two meetings is really
to complete the plan for consolidating
the bond issues of the company into one
issue, which is said to be already nego-
tiated, and legally and formally to COM
plete the plans for the financial ar
rangements of the company which have
been under consideration, and process
of completion for some time.
he
thorized will provide for the taking up
of the bonds already outstanding, either
by exchange by the present bOndhold-
ers of their present bonds for new ones
or by redeeming them in eight years at
which time they are by their terms re-
deemable. The whole amount of bonds
are not to be issued at once, but as they
are needed to carry out the plans for
extensions and Improvements of the
company's property.