The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1904-05-08


strued as A failure. When the creditors
in Honolulu met and investigated they
issued an authentic report showing that
the liabilities and assets about balanc-
ed each other Dillingham; is In a pinch
just at this time on account of the low
price of sugar, the high price of labor.
general dull times in the islands and
the fact that he has branched into a
large number of enterprises, He is a
pioneer in the islands in a way and he.
has gone boldly into many schemes not
tried there before. He comes here at
this time seeking a conservation of as
sets. He wants to talk over matters
with his creditors in the hope IF secur-
ing an extension Of time of two or
three years. The Dillinghams are all
money-makers, and there is little req
son to 6oubt that If Dillingham; gets
the extension and is allowed to go on
undisturbed he will pull through in
good shape. think he win be able to.
get the extension he asks"
The Olaa Sugar Plantation Company
was organized two years ago. L. A.
Ihurston is president, but b. Frank
Pillingham, who is vice-president. has
been the active man in the corpora
ton and by far the largest stock
holder. The original holdings of the
company lie on the island OF Hawaii.
near Hilo, but the Puma Sugar Plan
tation Company was also merged into.
the Olaa Company. The company.
which was capitalized for S.. 900. 600. is
now harvesting the second crop or
sugar In borrowing money to handle
the crop and carry out the plans of
the company Dillingham; used his
private properties as securities. Thus
1t was that the Oahu Railway and
Land Companys paper came to be ex-
tensively. held in this city.
Owing to the condition of Dililng-
hams health negotiations must pend
for the present, but it is believed that
when ne is able to attend to business.
again settlement satisfactory to all
concerned will soon be reached.
HAS BIG ENTERPRISES.
The name of Dillingham; has been. as
ISOLATED with most of the big enter
prises in the Hawaiian islands in the
last score of years. The great Eva
plantation was his idea and to his
genius and foresight the island of Oahu
owes its present progressive state. He
mas been both a plantation founder
and railroad builder and the pluck
and persistence which won his battles
brought him millions and the conf
s.ence of every white man in the is
lands. He was first to see the posi-
biifties of the islands as a health re-
sort for the world and it was he who,
built the first palatiaI tourist hotel.
It stands at waialua
Dillingliafn's career needs no arti--
acia1 colorfng to make it a romance Of
the intensest sort. He comes of the
Dillfnghams of New England. Captain
James Dillingham;. his cousin, older
than himself, was famous clipper
captain out of New York In his early
youth Franklin Dillingham; followed
his cousins example and took to the
sea. He made three trips around the
world and then he wound up at Homo
zulu about thirty years ago with
broken leg. It is said that he got
ashore by floating in after being ship
wrecked. The broken leg was the rear
fContinued on Page So
g z e sss assRsSEs98
TO study the American administration OF
Y to imagine memorandum going down
Times as freshest evidence of the propo-
n the most .doleful subjects. For proof
Puritan standard. the old hymn of that
he tonbs a doleful sound
/, though, the facts IN this instance upset
was facetious in the infection of Trinity
risibles were the most violently affected
Limerick brogue.