The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1902-09-30
THE STOCKHOLDERS
OF PAINS ROAD
TO MEET
LONDON DIRECTORS SEND CABLE
GRAM TO THAT EFFECT-RAPID
TRANSIT OFFICIALS MEET THIS
MORNING-MR. MOLLER LEAVES.

There is a hitch in the Tramways-
| Trolley deal which may result IN ITS
being called off.
There has been great activity this
morning in Rapid Transit and lIaw.Il-
ian Tramways circles. Christopher
Moller attorney for the English direc-
tors has been in lengthy conversl lttun
with Manager Ballentyne and after
wards with r. Tenney Peck ami James
Castle. Mr., Castle and Mrs. MoIier had
an energetic talk for nearly an hour
this morning outside the Judd building
on Queen street, needless Cf the Dlaz-
ing sunlight.
Later Mr.. Peck, J. a. Gilman. Man-
ager Ballentyne and others met in the
law Office Of L. A. Thurston in the Stan
genwald building. Manager EalientyIe
was looking for a list of stockholders
and some important move was evident
ly in progress.
Moler, the English solicitor received
a letter on the AOrangi Yesterday which
is said to contain the news that the
English directors of the Hawaiian
Tramways Company do not wish TO
consider the deal as a body but viii
leave it to the stockholders. Many con-
slider this tantamount to calling the af-
fair Of-a meeting of an ElgiiS1 cor
poration such as that of the 'rramw9ys
Company where stock is taken in small
holdings are widely distributed, being
a hard matter to accomplish. The di-
reCtorate apparently does not favor the
deal and 1t is thought the stockholders
would be prone to follow their lead
Several stockholders of the hapid
| Transit who are heavily Interested did
not hesitate to say this morning that
! they would be gratified if the deal was
| off and that the Hawaiian Tramwlys
/ will be easier to deal with after the
| - Vol 4 II nd Ia
is losing one. At present Il is Thought
that the mule cars are barely paying -
s. t.tle OK r expenses. as-,
Others think that Manager Pain and
the Tramways people are resting conf
dent on obtaining legislative permission
from Congress to use electricity and
will make a big fight yet over their
franchise and its rights.
Meanwhile the Rapid Transit goes
ahead. The track through McCully
street will be completed by next week.
| The work has now so far advanced that
| the wagon road running alongside of
| the track for part of the dis. Ince be-
! tween King and the Waikiki road has
] been left behind. The final ballastinS
material will be brought down as far
as possible by wagon ana then tran
| shipped onto construction ear. For
this the bed and trucks Of one of rhe
! big cars has been covered with rTo-
I teCtiVe boarding and imprOVised into
fiat car This will be ftteI with a
trolley and run along the track work
men shovelling the ballast off as ueces-
sary.
The above rumOr was generally cur
rent in business circles this morning
and was reported to the officials of the
Rapid Transit Company who investi-
| gated. Seeming truth was added to
the story by the activity developed by
Rapid Transit shareholders and direc-
/ tors this morning.
r. Tenney Peck stated this noon that
Mr.. Moller, having been here three
weeks in the interests of the Hawaiian
| Tramways Company and having ac-
-quainted himself with all the data nee
| essary, has decided to return today on
the Sierra with the representatives Of
Rollins Brothers who We're the finan-
ciers for our road
In San Francisco Mr.. Moller will be
in immediate touch with his principals
by cable and will there wind up the de-
tails of the proposal for taking over
of the Hawaiian Tramways Company