The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1904-01-13

da,v- Outlying sections of the city in
eli, ding some of its most picturesque
en''trons, formerly remote and expen-
silva of access from the business center,
are become convenient for home sites
and recreation purposes to all the
busy inhabitants Points of interest
capa Die of being visited within the
short st space of daylight that call
ing can liner stays have been multi
FLIED With the extension of the electric
car tr tcks. Tbs. burden of society is
eased by the cheapness and celebrity.
togeth,r with cleanliness, with which
folks are now whirled to and from
evening entertainments. Band music
in the etenings and holidays nay now
b" enjoyed by the multitude, however
far from their homes the rendezvous,
without ong journeys on foot. Par
ents have a choice of schools for their
children, so far as distance is con-
cerned, al special rates of fare which
make this expense scarcely appreciate
in the sun total of the family's educa-
tional outIly.
AS a business proposition, rapid tran
sit had it's show time yesterday. The
annual me ting of the Honolulu Rap
id Transit Z Land Company, Limited,
was held n Castle Cookies hall at
10 a. m. Z. A Thurston, president,
occupied tn. chair and, besides the di-
rectors, the ee was a large number of
stockholder: present.
Reports df officers and election of
directors fe sned the main order of
business. Manager Ballentyne's re-
port, being he fifth annual one, gave
not only full details of traffic and con-
struction, b 1t also the financial re-
suits of the years operations. 1t is
printed in fl II below.
PRESIDENT THuRsToN RETIREs.
President i'hurston, at the time of
nomination cf directors. said he had
taken the pr sidency of the company
at its initiatio 4 with the understanding
that he shout continue so to act dur
ing the consti action period, more par
ticularly so a to be able to give legal
advice to the directors in connection
with the man problems facing them
in that time. That critical period be-
ing now over Mr.. Thurston said, it
was advisable that the chief executive
of the comPar should be able to give
his entire time to the con-
sideration of le problems of the COM
pany and its eve1opment.
Heretofore, ae president went on to
say, Mr.. Peck! as chairman of the ex-
ecutive comm stee-consisting of Mr..
Peck. Mr.. Gil nan and the speaker
had been givin nearly all of his time
% Rapid Tran 1t matters without COM
from the company, he being ,
paid by the CT site estate whose man |
ager he was. AS the Castle interests
held the over vhelning control of the |
stock, twas entirely appropriate that |
he presideDL should represent those |
interests. therefore it was suggested |
oy the bard Of directors that Mr.. |
Peck be elected president and take en-
ire charge of the responsibilities of |
he executive of the company, includ-
ng those heretofore exercised by the |
president and the executive committee /
Is we'll
THE NEW DIRECTORATE.
The election of directors resulted in
he formation of the following board:
+ A. Thurston, L. Tenney Peck, James
3. Castle, w. r. Castle, C. H. Ather-
on, f. w. Klebahn and Geo. P. THE |
en-.
After Mr.. Thurston's remarks a COM
nittee of three was appointed to frame
| resc ution appreciatory of the retir-
ng pi esident's services as chief execu-
i've and legal adviser of the corpora
ion. The committee soon presented a
eport which was unanimously adopted /
md the resolution presented to Mr.
Thurston.
The directors then held their election /
# officers, with the following result as
heir choice:
President-L. Tenney- Peck
Vice President-L a. Thurston.
fSecretary-Geo. P. Thielen.
Treasurer-C. H. Atherton.
Auditor-F. w Klebahn.
THE MANAGERS REPORT.
Following is Manager Ballentyne's
eport in full:
The President and Directors Honolulu
1NdplQ transit q Lana Company.
Gentlemen: I have the honor to pre-
ent the fifth annual report of the OPP
,rations of the company, covering the
rear ending December 31st, 1903.
TRACK CONSTRUCTION.
AT the end of the year 1902 we had
and in operation 1908 miles
If track, with fifteen cars in regular
service. The line on the Waikiki Road
rom McCuily street to Diamond Head, I
vas completed on January 31st at a
,ost of s20,06S.66, including the cost of
hree bridges and the filing of the ap-
thereto, and the fill at Ma
zee Island. This completed the con-
'truetion of the King street line from |
<alihi to Diamond Head, the distance
being 7-467 miles
On February Goth we began the work
# changing the grade and alignment /
IF the track on Hotel street between