The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-02-28
BREWERS
KEEP OUT
Directors Decide
to Not Touch
Kona.

|
Sugar Company is as much at sea a,
before he landed yesterday morning, OIL
his return from Hawaii, over what il
| to be the future of his receivership, snC
as well of the company whose fate is il
his hands. After a careful examina
ton of the plantation, and after a re
port of Manager Robertson, which wa:
generally favorable to the project, the
directors of Brewer & Company yes
terday decided that they would not un-
dertake the financing of the receiver
ship.
Receiver Wundenberg and Manager
Robertson returned from their visit To
Kona in the steamer Kauai yesterday
morning. They spent four days on the
estate and went all over it. They in
terviewed the men at interest and in
spected the growing cane and the mill.
and came away with comprehensive
report upon the situation. One of the
duties of the receiver was to make ar
engagements with the labor to continue
at work for the present, so as to pre-
vent the loss of the cane, and this was
successfully done. In fact, the men on
the plantation many of whom have not
had their wages for four months, are
now working with the belief that the
company which had the inspection
made. may take the proposition in
hand. and they have asked only that
they be supplied with food. This was
done and until new advices reach them
it is likely that there will be no cessa-
ton of operations on the part of the
workers.
Soon after the return of 4Lanager
there was held a meeting of
the directors of the firm of Brewer &
Company. Manager Robertson made
his report to the directors. not taking
time to reduce it all to writing. He
went over the situation carefully. In
his statement he said that there was a
fairly good stand of cane. and he
thought there would be taken off not
less than 5000 tons this crop, and per-
aaps more The crop coming on now
ae estimated at about 1000 tons. Alto
yether there was a fairly good propo-
,ition, but the ends were hard to gath
.r up and there: were always possibiN- !
les of troubles. :.
The members OF the board considered
he matter at length. and it was said
IN good authority that it was decided
hat the probable profits from the trans
lotion did not seem TO be commensur- i
tie with the work which would have I
% be done. The contingencies were /
iuch that while there is in sight a good |
the firm has on hand SO
much business that it was not deemed +
wise to go into anything more. just at
his time. Is.9
From outside sources it was learned
hat there have been some criticisms
assed. which made it apparent that
ONE of the stockh olders of the Kona
ompany thought the firm was about
0 take an unfair advantage of the
ompany, while it is in trouble. and
hat in the event of any lack of sue
ess the blame would be laid at the
oors of the corporation, and that this
ad been given some weight by mem
erS of the firm
Receiver Wundenberg said yesterday
1at he was more than pleased with
hat he saw of the plantation. but
lat he could not tell what he would
D in the situation. He said there was
ot less than $500 tons of sugar in sight
nd that there would be not less than
90 tons next crop. ALI of this made
lie outlook of the best. and the only
ling he needed was some one who
,uld see it in the same light. He con-
nued:
Arrangements have been made to
I've the cane cultivated until there
Is been some settlement made of the
after. The cane is grown on shares
Japanese contractors, and the plan c
ton has been advancing necessaries
life for the workers. The men had
thing to eat and L arranged that they
ould have supplies sufficient for the :
esent. / could make no definite as +
RANGES to the leaders in the con-
acts, but 1 told them that there was
chance that Brewer & Company
'uld take up the work of the pIanta- I,
n.
I do not know what 7 shall do at
l shall try haro to find man who
II take up the work. There is a good
ng there for the man who will put
$l5O,O00 to carry this plantation I'M
the crops now in sight are milled. ! A
e values are there and the planta-
n would return at least $4Uv, 0Uu from
, two crops. If the money cannot be
/ there is nothing left but to sell the -
ate out. That will not be done until w
FRY effort has been made to find a
n which VIII finance the PROPOSE
n"
he general belief is that the planta-
4 Will come out all right in the end.
that there may be some difficulty
a time. Some of the monied men of 3
city are understood to be just lit >
inclined to hold off, owing to the
t that the matter is in the hands of
Circuit Courts, and there is no real
Sc of security
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