The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1902-02-25

REPORT As
To KONA
Receiver Allowed
to Borrow
$4,000.
From Saturdays daliy1

AIRY report to Judge Humphreys yester-
day as receiver FOR the kona Sugar Co.
and hy virtue Of that statement and
the consent Of all parties Co the suit.
an order was made allowing him to
borrow $4,000 for the immediate needs
of the plantation. Mr. Wundenberg
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 10000 BY consent of the attor-
neys representing Bishop Co, n. w.
McChesney Il 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 al
noon the attorneys should examine the
papers at once, as everything depended
upon Immediate action. Magoon ana
Dillon, attorneys for the administrators
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 +. Wundenberg as receiver Tor
the kona Sugar Co.
To the Honorable A. =. humphreys,
First Judge OF the Circuit Court.
First judicial Circuit, Territory OF
Hawaii:
The undersigned. +. w Wundenberg.
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 TINS court
on the 18th day of February, A. ID. l'O2.
begs leave to submit herewith his pre-
llmnary 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 lia-
wall by the steamer Mauna Loa lcav-
ing Honolulu tomorrow, February list
at Y o'clock noon.
The receiver, however, without having
visited the property, has made IA sufh-
cient investigation into the affairs of the
Kona Sugar Company, Limited, to know
that the laborers and employees of said
company have not been paiNtheir wages
or salaries for many months past; ana
further, that a crop of cane Is now In
foreground on the plantation of the said
Kona Sugar Company, Limited, ripe ana
said company in which To grind said
cane is in an unfinished condition, and
unfit 1t now stands to initiate the
grinding of said crop; that all OF the
material and machinery necessary to
complete said mill as to begin grind
ing opera lions are now upon the ground
barring some fittings and fixtures which
can be obtained in Honolulu, and which
would cost in the neighborhood of IA
thousand dollars and that there is a
crying necessity for these fittings to be
set up at once as considerable time will
he occupied, after they are on the
ground, in putting them in, creating a
delay which goes toward "a 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
and employees on the plantation have not
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 laborers and en-
ployes, and as a result of these condi-
tons, 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 laborers are threatening
to desert, and work is necessarily at a
standstill 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 preserva-
ton of the property of the Kona Sugar
Company. Limited, pending the final de-
termination of proceedings herein.
In conclusion your receiver reports
1T.
necessity to borrow at once sufficient
money:
First: To buy food and supplies for
the sustenance of laborers and employees
of said Kona Sugar Company, Limited.
Second: To purchase and forward by
steamer tomorrow the fittings absolutely
essential to enable grinding operations
TO commence; and
Third: To make some cash payment
to the laborers to quiet them until your
receiver can examine the property and
make an exhaustive report to this court
upon the general condition of the affairs
of said Kona Sugar Company, Limited.
All of which is respectfully submitted
f. WUNDENBERG.
Receiver.
Honolulu. February Goth. 1902
Attached to the application for the
order authorizing a loan was an afii-
davit by Robert Hawkshurst Jr, in
which he states that he has been SUI
perintending the construction of the
railroad, and that at present the cost of
transportation of cane to the mill is
prohibitive
The afliant sets out also the need of
piping and fixtures, and that a
crisis in the labor situation will be
reached unless there is immediate re-
lief, and there will be wholesale deser-
tions among the laborers. He states
further that the firm of l.. NJ. White
house & Co., in which he is a partner
has not received anything for its work
on the railroad for the Kona Sugar
Co., and work will be stopped unless
the immediate needs and necessities of
the plantation are relieved.
H. L I,l...