The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-08-18
MAUI DRINK
CORPORATION
Stockholders Are
of Variety of
CalIings.
Chinese Incorporators
of New Market in
Honolulu.
Their Purposes Embrace Mercan-
tile, Financial and Manufact-
urins Enterprises.

From the list of stockholders in the
1t would appear that the island giving
| its name to the Incorporation was adopt
| ing home rule in the drink business.
| There are merchants, members of the
| legal and medical professions, skilled
workers of sugar plantations and mills,
ranchmen, all among the subscribers to
| the stock. There are forty-six of them.
The articles of Incorporation were
executed by Carl Waldeyer, G. B. Rob-
ertson, w G. Scott and D. L. Meyer of
Wailuku and j. c. Hansen of Puunene.
The capital stock is $4,000 in shares
of 500 par value each, with the privi-
lege reserved of an increase to $50, 900.
More than seventy-five per cent of the
stock is subscribed, and more than ten
per cent paid in.
Officers for the first year are these:
w. T. Robinson, president; Geo. B.
Schrader. vice-president; ]. Garcia,
secretary; H. Staubeck. treasurer
NEW MARKET CORPORATION.
With articles of association embrac.
ing all kinds of mercantile and finan-
cial business, besides not a few lines Of
manufacture. Wong Leong. c. K. al,
Ho Fon, c. NJ. Tai and Lau Targ pro-
pose to incorporate the City Market.
Ltd, with place of business in Homo
lulu. Their proposed capital is so. 600
in shares of $50 par value each, with
the privileges of increasing it to $4,000.
OF the stock 152 shares are subscribed
or and ten per cent paid in.
The charter members named above
are the directors, while these are the
officers: Wong Leong, president; Ho
Fon, vice-president; Lau Tang, secre-
tary; c. K. Al, treasurer; L. T. Chin,
auditor.
1t is proposed TO build a market, to
sell goods by wholesale or retail; TO
erect an ice-making plant, and sell,
purchase or deal in ice: to own and
install and operate a plant of any kind
for the production of electricity, and to
purchase or sell electricity for
light or power; to carry on any other
business calculated to enhance the val
ne of, or render profitable, any of the
company's business rights or property;
to deal in real estate, buy and sell
shares in other companies, and lend or
advance money, etc.
C. K. Al sells to the corporation, for
twenty paid-up shares of the CON-
pany's stock, an option he purchased
from A. F. Cooke for the leasing and
sub-leasing of property and leaseholds
in Kekaulike street for twenty years or
so long as the grantor's leases run less
than that time. The premises are 1873
feet frontage by 1O7 feet deep. The
lease is to begin not later than Septem-
br 1, 1903, and the rental is to be $50
a month for the first ten years and $50
a month for the second ten years or
portion thereof, payable quarterly in
advance. The usual conditions as to
taxes are to be contained in the leases,
only ground tax to be paid when the
value is less than $4,000 for the whole
premises.
If a business block be erected it is
to be of brick, stone or concrete, but if
only a fish market it may be of con-
crete and iron with wooden frame and
rafters-in either case, the structure to
be approved by the authorities.