The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1902-03-28
kONA WILL
Be PUSHED.
Stockholders Take
Estate Out of
Court.

n ECEtNEH WtNbENHElt1 NI.
be- discharged and the suit which
~ brought about bic appointment o.
control the koua Sugar Company csc
late Withdrawn. in the First Circuit
court this morning. Do the plans made
Yesterday afternoon are carried
through. This depends ON the court
alone. for cash and bond for the fees
and the other Indebtedness Of the rec
ownership are ready, and will be Of
fered at the opening Of the days ses-
sion.
I, was after long debate that the
stockholders of Kona took the matter
in their own hands and yesterday made
the arrangements which will mean that
sugar from the plantation viii be on
the seas within the month. Orders
went forward by the Mauna Loa
providing for the starting of the mill,
and grinding may begin before the end
OF the week. Manager Cowan has re-
ported that he can have the mill in OPP
Grafton very soon and the instructions
which went up to him are that he pro-
coed to work.
The assurances that all will go well
with the plantation from this time Will
mean much in the way OF labor too, for
anese. numbering from 200 to 800 men,
were ready to leave the plantation for
Kau and Olaa, in the Mauna Loa, but
it is now thought that Manager
Cowan will be able TO hold his men
and push his work along. The addi-
tional supplies needed for the carrying
on of the plantation will 60 forward
in the next steamer and from that time
there will be no delay in pushing the
work OF the estate.
All the new arrangements for the
working Of the crop on kona are those
OF the stockholders. The cash for the
claims of the receiver was found by
a committee of the board Of directors
and arrangements were made whereby
the creditors who advanced supplies for
the plantation under the rece'vership,
should receive security for their claims
and thus withdraw their bills from the
receivers hands. In court yesterday,
after notice to MagoOn and Dillon,
attorneys for the receiver, Hatch &
SIlliman appeared and made n motion
for the discharge of the receiver and
the withdrawal of the suit. The mo-
ton was heard at noon and the first
judge OF the first circuit said that this
would be done on the filing OF an APP
and expenses. The attorneys for Nc
Chesney & Sons, who brought the first
suit. stated that acting upon informa-
ton of the attorneys of the receiver,
that the expense of the office would be
81 400, he had prepared a bond for
$4,000. Magoon here interrupted to eX-
hbit a schedule and fee amounting to
$2355.44, and said that there had been
incurred for labor to March 9TH, $l,429.
The court here announced that he
would require bond of $4,000, and this
was prepared during the afternoon.
There are five signatures to the bond,
three being stockholders of the com
pany. The names are withheld but it
is understood that one of the guaran-
tors is b. f. Dillingham;.
The last mail from the plantation
said that there would be no difficulty
in having the mill at work with the
men now on hand as soon as there
We're assurances of supplies for the la
borers, and that the men had made Of
fers to take off the cane so that 1t
could be milled. 1t is understood that
the men will do the work under an
agreement that they shall have wage
returns from the very first sales of SUI
gar. and that the cash soon will be
forthcoming Tor their entire claims.
None of the members of the board of
directors of the plantation would dis
cuss the details of the arrangements
which are being made for the carrying
on of the work, but they insist that the
men who have volunteered TO work will
be able to continue until the sugar is
on the market.
BY the same steamer which carried
the instructions to Manager Cowan to
proceed to work, went Mr.. S. NJ. Da-
mon, who will look over the plantation.
Stockholders who have been interested
in the deal which will continue the
work of the estate, say there is no con-
nection between the two events. They
have had many conferences with Mr..
Damon, but aver that at this time
there is no relation between his visit
and the beginning of work. Mr.. Da-
mon would not say what were his in
tentions as to the future of the estate
but said he would make a careful in
spection and would take up the matter
upon his return.
Men with money in the plantation
say the present proceedings are had as
the action of Receiver Wundenberg In
refusing to keep on the work, but in
stead to permit the plantation to run
down, would have the effect only of de-
preciating it, and thus 1t would bring
only small price at any SALE The
move now being made will insure the
saving of the sugar and in case there
must be sale in the future the estate
will bring the highest price.
-~%~-