Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1909-05-21
NEW PINEAPPLE.
Continued from Page ~

w. w. Harris Is the head OF the hui
and holds 80 per cent of the stock,
which Is given him In consideration of
his agreeing to manage the business
and to can the pines. The other men,
bers, known in the agreement as the
parties of the first part, are Yonekichi
| IIarada Yasukc Teshima, Noichiro
Ota, Tomega Taguma, Nytaro Murata,
Yahei Hosaka, Yutaro Wadahara,
Shinpachl Tamura, Shinichi mouye,
Notaro Takahashi, Shikazo Akimoto
and Shinpci Muraki, all of Waialua.
Harris is virtually. according to the
agreement the absolute arbiter and
! master of the whole hui. lie has the
final say.so in everything, not only
as regards the business of canning and
marketing the product, but even the
growing of the pines. II the Japan.
ese fail to carry out any of his orders,
he can step in and take their land a.sd
farm II himself, the japanese so dis
possessed losing all his share of the
profits.
The agreement sets forth that the
nine Japanese are the holders OF leases
aggregating 933 acres of land, leased
from the John II Estate for, 10 years
from July 81. 1908. II Is their inten-
ton TO grow plncapplcs exclusively. o.
The Japanese agree to turn in their
leaseholds, the crops of pine, their ma
chinery, tools and agricultural imple.
mcnts and all other property, to be
the property Of the hui, the whole to
be divided into 100 shares.
Mr. Harris agrees to make all neces.
sary arrangements for canning the en-.
tire product, either by the erection OF
a new cannery or by agreement with
an existing canncry. at a cost of not
to exceed S3i.25 per ton, ANY and all
arrangements In connection with the
canning to be carried on and conduct
ed by W.. w. Harris. whose decision
In reference thereto shall be binding,
final and conclusive" In consideration
of this the Japanese agree to give w.
w. Harris 80 out of the 100 shares of
stock.
The parties of the first part agree
to have not less than 900 acres of land
planted to pines by July 10. 1910, and
to have at least that amount In pines
during the entire term of the leases.
Harris Is given sole power to ap
point manager and to fix his salary.
The manager shall have entire control
and management of the canning. The
Japanese may appoint a superinten-
dent to have charge of the planting
and cultivation of the pineapples-
subject to the approval Of Mr.. Harris.
The Japanese agree to sell to Har.
ris, for the benefit of the hui, all their
pineapples for the full 10 years at $l2
a ton. Harris to have the right to re-
Ject any not fit for market, his deci'
sion In this regard to be final. The
leaseholdcrs pay all rents, taxes and
other charges Incident to the land.
Harris Is to get 80 per cent OF the
profits, the other 80 per cent to be
divided among the nine japanese.
Harris is to be sole manager of the
business end Of the business. And IL
|
csc violates his agreement or any part
or 1t, Harris Is to have the right to
step In and assume full control of the
crop and run that end of the business
for the remainder of the 10 years,
without any interference on the pas:
OF the Japanese, land from the tins
OF such failure to so keep and perform
such covenants and conditions herein
contained on the part Of the parties g
the first part, they shall forfeit al;
their rights, title and interest ana
claim in and to all Or any of the prop
erty and the profits of the said bust.
ness and industry"
The Japanese promise to obey all
orders, commands and directions Civ.
en- by Harris concerning the cultiva
ton and growing of the product, and
to devote their entire time to 1t.