The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1905-02-28
MAUI AGRICULTURAL
COMPANY Meeting

The Maui Agricultural Company,
comprising several sugar plantations,
I including the Haiku, Paia and Hama
kuapoko plantation companies, was held
yesterday morning in the offices of
Alexander & Baldwin. The reports of
officers for the first year of the Maui
Agricultural Company were presented
and accepted. The meeting of the Hal
ku Company was held at 10 and the
Paia Company at II o'clock.
| The old officers of Haiku were re-
elected. There was no managers re-
port, this being contained in the general
report submitted by the manager of the
Maui Agricultural Company. The in
come of the company. according to the
treasurer's report, was 61,O11.51, of
which 100000 had been paid out in divi-
dends. The treasurer states:
Amount still due from Maui Agri-
cultural Company account growing
crops taken over January 1, 1904, $780,
509.90, which amount is drawing inter-
est at the rate of six per cent per an
num-"
The old officers of the Paia Planta-
ton Company were also reelected. AS
in the case of the Haiku Company,
| there was no managers report. The
income for the year was s91, 605.31, of
which $4,000 had been paid out in div
idends.
The report of the, Maui Agricultural
Company showed that the 1904 crop was
u, 500 tons of sugar and the net returns
were $S6h,S79.T6. The expenditures We're
$685., 66099. The balance carried to sur
plus was 1924, 395.6S. The assets of the
company are placed at $4569, 1862.
Manager II. A. Baldwin's report sets
forth that the expected 1905 crop will
be 5000 tons. For the 1907 crop he
plans to plant 2242 acres, about 200 of
which will be virgin land. He will cul-
tivate 1860 acres of rattoons in addition
to the plant cane. In referring to the
new great irrigating ditch the mana
ger says that for the past winter water
has been flowing from Waiaakea to XII
hei distance of over forty miles. The
new ditch to carry water onto the up
per lands is practically completed.
New machinery and apparatus has
been ordered which with the present
Hamakuapoko and Paia factories COM
bined will give a modern plant with a
capacity of $50 tons per day. This
could be increased to 200 tons a day by
I the addition of more vacuum pan room
and more centrifugals. The plan is to
install the new machinery between the
end of the grinding season and the be-
ginning of the next. After taking off
the greater portion of the 1906 crop the
Hamakuapoko mill will be closed and
moved to Paia.
saasaa a.a, a.asggaga
Nuuanu valley to WAIKIKI the water
| front, or to Kalihi From the water
! font to Nuuanu Valley, Kapiolani
| Park, Waikiki, or to Kalihi. From
I Kalihi to Nuuanu Valley, the water
| front, or to Kapiolani Park.
| l think that this last amendment
should be allowed me for the reason
that the Honolulu Rapid Transit and
Land Company's present cents fare
allows them many feed lines to gather
| passengers for its main lines, whereas
the proposed new line is only allowed
in its original bill to run on one main
| line in any direction.
The Honolulu Rapid Transit and
Land Company was given a franchise
at time when the old Hawaiian
| Tramways Company had a franchise
on many CT the streets of Honolulu
and were charging from to 10 cent
fares. The Honolulu Rapid Transit
and Land Company We're willing to
give the public 8 cents fare and were
hgiven a franchise. Who was bene-
fitted by this franchise? I say the pub
lie. Now / offer to give a fare of 3
cents trip for adults with 2 1-2 cent
fares for children on week days dur
ing school hours and on Sundays dur
ing Sunday school hours. Who will be
benefited by this franchise, if granted?
/ say the public.
(2) AS to objections raised by the
Oahu Railway and Land Company.
1 realize that the Oahu Railway and
Land Company has a franchise giving
1t blanket franchise for steam in the
District of Eva, Waillua, lioo-
lauloa and Koolaupollo, but UP
up to the present lime has
only taken advantage of portions of its
franchise. I therefore come to this
Legisla ture to ask for a franchise that
covers nearly all new territory, an
touched at present by any road, and If
this Legislature desires to promote the
industries of this Territory they
should grant me the franchise asked
for.
1t will cost between $4,000, 100000 and
SO, 000,O0000 to build this propose road
the greater portion of which will he
spent for labor and thereby benefit the
people of the Territory at large, as
well as give many people steady en-
ployment as well and open up and
tend to develop a new country which
will l venture TO say increase the taxes
l of this island, in the districts where
this road will run, from $1oOOOO.OO to
$l50.00o.00 per year.
The subsidy asked for this railroad
, will not cause the Territory additional
} money out of its present revenues from
: the districts where 1t is proposed tC
) run this road. The increase in taxes
e caused by the opening up of new
! lands, ETC., will more than pay for tn
: subsidy asked for. AS an Illustration
e allow me to mention the following
e facts: In the District of Eva befor
: the Oahu Railway and Land Compa
= ny's road was built, the government