Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1908-01-21

V hat we're included in that item to
make up the total of $3G,029,220. |
found out by careful Interrogation
that the item included the American
Sugar Refinery at San Francisco,
which was destroyed by fire and
earthquake nearly two years ago. I
found also that the old Oxnard plant,
In Brooklyn, which has been disman-
tied, was also included. Many other
plants which have been dismantled
or not in operation are included in
this item of $4,000, 900.
THE st. Louis plant, which has
been dismantled; the Moller-Sierk
plant, of BROOKLYN; the Havemeyer
sugar Company plant and the Dick
& Mayer plant, all of which have
been dismantled. were included in
the item. found that the Matthles-
sen G. Wiechers plant, Of Jersey City
which is In operation, was included
in the item, and then asked wheth-
err the Havemeyer q Elder plant, the
big Brooklyn plant. was included in
the total. Mr.. Heike said he declin-
ed to tell me whether or not the
company included that plant under
that item.
II then turned to the item of in
Yestments which totalled s5O,9SS,-
1877, and asked what assets constitu-
ted that amount. was informed
that the stock of the Baltimore SUI
gar Refining Company was included.
the plant of which has been disman-
tied. The plant of the Camden, n.
j., sugar refinery, which is disman-
tied; the Il. c. Knight plant. which
is not operated; and the Harrison
Frazier plant, of Philadelphia; also
not operated, were included in this
item.
Not Owner Of Beet Sugar Stock
81 told Mr.. Heike that | thought n
good many sugar reiineries could be
bought for $4,000. 900 and that the
control of a good many others could
be acquired for n small part Of $50.
100000. | asked also II the control
Of the stock of the American Beet
Sugar Company, which Is capitalized
L $4,000, 700, was included under
the head of Investments.
ITO this query, the reply was
made that the American Sugar Re-
Inning Company did not own a dol
lar of stock in the American Beet
Sugar Company, but that Mr.. Have
meyer might have owned large
block of the stock personally. He
declined to state what interest. II
my, the American company had in
the National Sugar Refining Com
pany. | could not ascertain what in
.erest the American company had In
he Great Western or the Michigan
Beet companies, the control of which
IS supposed to be lodged with the
american Sugar Refining Company.
have heard that eighty per cent. OF
he beet sugar business was con-
tfolled by the American company,
tut | could not obtain any accurate
Information on this subject.
81 now propose to find out what
he property of the"American Sugar
refining Company consists Of. 1t is
rue that ] have always obtained Z
Der cent on my preferred stock, but
am not content with the mere
!rawing of my dividends. / want to
Know II am entitled to these divi-
lends and whether the dividends
have been earned.
81 think every stakeholder Is anx-
Gus to know about these matters,
but as to how | shall proceed l have
not decided. have consulted with
my attorneys, and will sleep over the
problem tonight"
w. b. Thomas, the newly elected
president OF the American Sugar Re-
lining Company. refused to discuss
The matter last night. Horace Have
meyer said he was unfamiliar with
The whole question.