The Hawaiian gazette., 1903-07-10
Ne v DEAL
IN KAMALO
Plan to Reduce Stock
and Reorganize
Estate.

There is to be a complete reorganiza-
ton of the affairs of the Kamalo PLAN
tation at a meeting to be held mex,
Wednesday If the plans of some of the
stockholders can be carried out. The
plan is to reduce the capital stock from
81. 900 900 to s50o,OO0 and to cut the
shares of paid-up. stock from twenty to
ten dollars each. Then with the plan
tation upon sound business basis ii
Is expected to be got into operation and
be made to pay. One stakeholder said
yesterday that much of the paid-ur
stock was given practically without
consideration for land which was paid
for it's full value in cash.
II this scheme is not followed out IN
effort will be made to have the concern
placed in the hands of a receiver to
sell the property for what can be got
ten out of 1t. There is over $4,000
worth of machinery on the plantation.
Besides some of the land is planted in
cane which is kept in seed. The meet
ing to be held next Wednesday evening
promises to be interesting.
ssses eSsssssssssssssssssss
SOME PERSONAL COMMENTS.
Mr.. Humphreys commented on the
the Attorney Generals alleged state
ments that when Watson called on him
he did not know what was in Magoon' s
charges, also that he had never dis
cussed the matter with Deputy Attor-
ney General Peters, who had been Ma
goon's partner. yet" the speaker
said, this whole case is as much a
defense of the conduct of ]. Alfred
Magoon and his partner who is now in
the Office of the Attorney General as it
Is prosecution of F. e. Thompson and
A. s. Humphreys"
Reference was made to Magoon's
statement that he did not know what
case was on trial when he assisted
George A. Davis, with the jibe that
Davis was in his normal condition
Of not knowing what he was doing"
John X. Sumner was attacked on the
strength of the evidence of Wyllie Da-
Wis that he was "tickled to death" to
see Humphreys and Watson in trouble,
also that Sumner was going to court
in this trial to forget things for spite
Of the respondents. This he maintain
ed had shown mental disintegration
gone beyond the point of moral re-
sponsibility, or utter disregard of the
solemnity of an oath, and that candor
and frankness due the court in a pro-
ceeding of this Sort
THAT MIDNIGHT RIDE.
Mr.. Humphreys claimed to find in
evidence Of the midnight ride to a fire,
and left it to the Justices to corrobor-
ate his own version Of the conversation
en- route with special reference to the
"skinning" of b. F. Dillingham; by w.
A. Kinney. In this connection he spoke
Of the unfair lease NJ. F. Crandall, as
guardian of Sumner and receiving a
full third of his income by way of
commission, obtained from Sumner for
Dillingham;.
After pitting the evidence of the
Ellises, r. w. Cathcart and Captain
James against his admission of care
lessness on the part of his firm, to
show that he had not harassed Sum-
ner nor done anything to his injury,
and citing Summers cutting him in
the street for opposing an improvident
trust Sumner was bent upon placing
himself under, Humphreys paid fur
Their attention to his brother-in-law
Magoon.
He contrasted the hospitable habits
Of the Arabs of the desert with Ma
goon's diyuleence Of confidential utter
ances under his own roof at Kaalawai.
IF I had offered ]. Alfred Magoon a
bride as he would have it believed. it
is a moral certainty that he would
have taken it as he takes everything
he can lay his hands on" the speaker
declared. Eyes, he would take the
MONDAY sun If he thought he could
hold it,"
Further discussing Magoon he said
he was mot broad enough to carry
filth to the devil"
At the afternoon session Mr.. Hum
phreys used his time mostly in review
ing the evidence. Near the conclusion
he commended that Mr.. Highton's evil
dence was effectually contradicted by
that of Judge Stanley and the other
lawyer called on Wednesday after
noon.
NEAR THE END.
Deputy Attorney General Weaver
watched the case for the prosecution
during the afternoon, Attorney Gener-
al Andrews being absent. The prose-
cution will probably make its closing
reply, when the case will be taken
under advisement, at this mornings
session,