The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-11-13
Continued from Page One,

Continued from Page One.l
the money. but he has not done It and
/ would not let him have it anyway.
he received a salary Of 800 per
month.
Yes. I know that things have been i
in a bad condition for some time past. /
but we have money in the bank. I
can not tell you just how much, but
there is about $500. think. We have
a lot of notes and mortgages. but, of
course. the money on these win be
hard to get. I viii be glad to meet
you tomorrow and let you have all the
information that I can give in regard
to the matter"
There have been a number Of ex-
tremely interesting transactions in the
course of the Maturity Company that
will bear a good deal of investigation.
The company has been in trouble be-
fore and was investigated IN October,
1906. bv the Territorial grand Jury.
though that body failed to find any
thing which would give grounds for
an indictment. A further investiga-
tion of the matter may be more pro-
ductive.
The company was driven out of the
philippines by the Attorney General
who declared 1t a get-rich-quick
scheme. The company was represent
ed there by w. Stuart Webster. who
led a butterfly life which attracted
comment even in the Orient.
Numerous interesting financial trans
actions in the company should be
brought to light through the appoint
nent of a receiver. and 1t is safe to
l,sax that some viii be OF star ting
nature. One which is interesting TO
saw the least, was made under the
name of Mrs. Annie H. Kentwen the
wife of the president of the company
and a sister of John D. Holt, She
owned some land at waialua AMI also
at Makaka. which she sold to fl'e Ma
! turitv Company, taking stock 'f the
face value of sss. $40. When the money
from the Hawaiians began to come n
and the treasury of the company held
enough for the purpose, this stock was
hought back from the presidents wite
hy the company, for its par Vaiue'
though how little it's actual vaise was
-.-,,1z he hard to state To follow up
this property a little more. IS interest
in~ II was sold shortly after 10 the
hawaiian Trust Company for SoVoV' anu
+h;s money. instead Of being Kept 10
30, the certificates as they matureo'
IS also given 10 Mrs. kentweh, TOT
,,,ora stock which had been given out
- the promoters of the company al
the time Of its incorporation.
E,1l and searching investigation VIII
r-obab,v Droye that other transactions
- ,ba same kind have occurred as
,hare has been in the neighbornood O
saa ooa na,a into the company by Ha-
r,-siiars If the city. most Of whom can
hardly afford TO lose single oollaF an"
Who have trusted TO what they might
make in this investment Tor supper
in Their old age -.
Arv one who has been familiar WIN
the Toutine get-rich-quick companies
hitch have been exposed 50 often on
the mainland. viii understand tAlT
-,-o-ty;rprs If the concern The deposl-
tar who IS invariably of tne poorer
class * asked 70 pay IN = eaeh ifl'iil"
for a period OF months, in TINS case
aaz-aatv-five. At the end o tnat LiE.A7
Ia v-iII be entitled, according 70. the
,.~+fera-a which he is given 70 Draw
49, s2ga for his investment of 'sl77-
r-na conparfes on the Coast were as
i. r,71A organized under the laws OF
Missouri. allowing them lautaae
F z.,Hf-l, gave q free swing for the spena
a-g If large sums for salaries for OF
erers wsa did little or no work ana
g. ether means Of disDos5ug OF the
money con-ribu1ei~ey poor people- y
--sa4f-,,s we're induced 70 invest through
tie. graphic word paintings ~ 1'1
zror-ro7l@ nrgfts which they would re
~afxa through the financial wisdom d
/ ne promoters Of the concern. As
rrra q life Of two or three years vas
-aa limit for any one company "fleA
he promoters would Immediately
kart a new concern Of the same kln1
under another name
4 when asked FOR information On the
44h4ar- last night Attorney General
/ r1ar7Anvvav stated that the matter had
/ saa, brought 10 his attention only
/ sax o~ SO ago and he had asked Act
|fr1 treasurer Hapai for a statement
/ :, regard 70 the finances q the con-
| earn He expressed surprise at the