Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-03-13

chase OF material ana supplies ny inc
Counties. was referred to the Judi
ciary Committee.
House Bill ~, regulating barber
shops. was referred to the Health
Committee.
House Bill a., relating to holidays.
was referred to the Judiciary Com
mittec.
House Bill 80. relating to Deputy
High Shcriffs. was referred to the Jul
dietary Committee.
House Bill 81, amending the Coun-
~ Act, was referred to the special
County Committee.
House Bill 90, relating to tobacco
licenses. was referred to the Ways
End Means Committee.
House Bill 9S, relating TO u rcscr-
walton of lands on Punchbowl. was
referred tn the Lands Committee.
House Bill ll3, relating 10 auto
mobiles. was referred to the Judi
ciary Committee.
Senate Bill 81, providing for the
redemption of real estate sold under
foreclosure, was referred to the Judi
ciary Committee.
Senate Bill 50. providing for the
Cling by corporations of certificates
&C increase of capital stock, was re-
iorrcd TO the Judiciary Committee.
Senate Bill 80, providing for the
rcfundinE of the bonded indebted
ness of the Territory, was referred
to the Ways and Means Committee.
Senate Bill 81, appropriating 49,
600 for Ililo High School furniture,
| passed second reading.
Senate l'ill Z. making Shcriffs. Dep
uly Shcriffs and District Magistrates
agents to grant marriage licenses,
came up for second reading, but ac-
ton was deferred.
The following communication was
received from Treasurer Campbell in
response to the resolution introduced
by Woods, asking for information
concerning the Territorial bond
sales:
Campbell Answers
| Respectfully submit the following
In answer To the questions asked In
your Resolution Is, of the Sth instant:
/. One thousand $1,000 Public linz
provcments bonds. Series l903-Oi, bear
ing ~ per cent interest, were advel-
Used and sold at public sale by the
then Secretary Of the Territory, Hon.
George X. Carter. ut a premium u
62G-lOOO OF ! per cent, which was APP
proXimatcly NJ ii9 basis.
One thousand $1,000 Public Improve
mcnt bonds. Series l9Oi-O5, bearing
] Ii per cent interest, were sold Ia
New York at private sale by Secretary
a. l.. &. AtkiIson, at u premium VI
l-l0 of per cent, which was approx.
imatGAy Il 40 basis.
Six hundred $1,000 Reminding Bonds
OF 1905, bearing 4 per cent interest
were sold In Honolulu. Bids for this
issue were received In New York ana
Honolulu. The Honolulu bid, being
the highest, was accepted and tho
bonds sold at | 3-S per cent premium.
which was approximately a 3. 20 basis.
Seven hundred fifty $1,000 Public Inn
Iproyc|icnt bonds, Series i9O5-06, bear
IN. 3H per cent interest, were sold Ia
New York at private sale by A. J
Campbell. Treasurer of the Territory,
II a discount of | rs per cent, which
was approximately IA. 1866 basis.
.. No commissions were paid.
3. Wells Fargo 4 Company's Bank
Of New York, are the fiscal agents oi
the Territory for the purpose Of pay
ing the interest and principal Of tho
Fire Claims bonds and the Public lnl-
lrroyCmcnt bonds, Series 10000 ana
i90i-O5, and the United States Mort
cage a Trust Company, of New York,
. are the fiscal agents Of the Territory
tor the purpose of paying the interest
and principal of the Rcfunding bonds
OF 1905 and the Public Improvement
bonds, Series l90j-06.
The arrangement by which Wells
Fargo a Co.'S bank became agents In
the case oi the Fire Claims bonds and
the 10000 Public Improvement bonds
were made by Mr. j. q. Pratt or Mr.
w. o. Smith aud Secretary George X
Garter.
The arrangements for the l90i-0S
aud l9O5-06 Public Improvement bonds
were made by the Treasurer. A. j
Campbell. and Governor George IL
Carter made the arrangements In the
RcIunding bonds of 1905.
The compensation of Wells Fargo a
Co.'S Bank Is l-6 of per cent COM
mission on all interest paid out, ant
LOO of per cent on principal.
The United States Mortgage a. Trust
Company receives no commission FOL
this work, the only condition being
that the money to nay this interest