The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1911-08-15
GOOD WORK UPON
BUSINESS LINES.
ANNUAL REPORT or BrBRor ne
TATE II nNOouRAontd
DOCUMENT.

Consorvatively valued at $685..
i26.2a is the real and personal property
Of the Bishop estate in the report Of
Job Bachelor, The master appointed 70
examine the twenty.sixth annual 40.
count Of the trustees, which report he
fled in the circuit court yesterday
morning. The account covers the year
ended July 30 last.
The real property in valued at e.
sSs,sSs and the personal property at
$s19, 5so,41. The real property is d.
vided as follows. In the Island OF
Oahu, 1887, 1904; Hawaii, 53,79O.39;
Kauai, $25, S46.7s; Maui, $l6,141; Molo-
kai, $l5,SSs.
The personal property is; Kane
hameha schools, $445, 055.74; bonds and
notes, $S14,s maps and surveys, $780,
250.e5; rents outstanding, 1914; bank
account, $15,554.22; Office furniture,
$73S.50.
Receipts and Expenditures.
Receipts last year totaled 1898 ,s60.2S,
which, with $6247.30 brought forward
from last year, makes q total Of $780,
607.53. The expenditures were 1884,
! 05331, so that the balance on hand
June 30, was $15,554.22. The receipts
/ include $1S5,593 from sundry tenants,
1904 from sales of land, $l5,37S in
terest, $13, 100 bills receivable, and $10,-
$50 tuitions Kamehameha schools,
: The sum of $1l6,525 was spent on the
Kamehameha schools last year, bills re-
, ceivabe accounted for $66,416, taxes
paid were $20,440, Investments $17,0l2,
trustees commissions $11,3S1, land
agency 5000 purchase of lands, $500.
salaries $5727. The sum of SAC, 674 was
employed in making permanent inn
provaments at the Kamehameha schools,
in loans, in the purchase of real estate,
! or in the Improvement of lands, Hin a
way calculated TO enhance the revenue
producing possibilities of the estate -
MS MIR. Bachelor puts it.
Increase OF Income.
! The accounts show a substantial in
crease of income, principally derived
from rents, over previous years. The
master gives the following Illuminating
statement of the amount of rentals
collected each year since 1905: In
1905, $I36,3s9.64; 1906, $139,752.S0;
1907, $1S2,249.16; 1908, $I42,79071;
! 1909, $159,65796; 1910, $17S,925.47;
1911, $1s3, 593.41.
! The current years collections show
an increase of $966794 over the year
previous. This, says Mr.. Bachelor,
marks a steady and satisfactory
progress of the business OF the trust.
The substantial increase from year to
year tends to show the potential value
i of the estate as a rental producer,
which must be very encouraging to the
/, trustees.'
The estate has had an active year in
land transactions, in all of which, says
the master, ait seems that the trustees
! have kept constantly in mind the well
fare of the estate as well as the com
munity in general. The estate has done
much toward the Improvement of its
city property from sanitary point of
view, and the trustees have endeavorea
to cooperate in every way with the
board of health to this end. -
1 Kainehameha Schools.
Particularly interesting is the section
of the report devoted to the Kameha-
meha schools, where there are 800 chill
dren, ninetyfOur of whom are gills.
The children are of seventeen nation
alities-Hawaiian, Irish, Amer can,
Norwegian, English, Swedes, French,
Scotch, Portuguese, Tahitans, Spanish.
Italians, Japanese, Germans, Chinese.
Indians and Hebrews.
The new dairy and agricultural build
ing was commenced in the year under
review and is expected to be completed
before the opening of the new school
year. Mr.. Bachelor states that t'the
maintenance and conduct of the schools
continue along the lines contemplated
by their noble founder. Progress and
beneficial results are shown in every
way"
Manual Training.
Here as elsewhere much attention is
l being devoted to manual training and
! on this subject the report remarks:
The conduct of the manual train
ing and shop-work of the boys school
has been placed in the hands of Pro
fessor Charles g. Collais, a specialist,
who was appointed superintendent of
mechanical instruction, and a more sys-
tematic course in the industrial
branches is being inaugurated than has
heretofore been possible. The trustees
strongly emphasize the importance OF
manual training in all it's different
branches, this being the spirit of the
founders wishes. -
The trustees further state that the
most pressing wants in the way of
building, etc., have been met, and now
they feel that they can give more at
tention TO the Appearances of the
grounds, etc, which includes general
repairs to roads, grading and straight
ening Of lines, curves, etc.
I Promising Future.
1 The report concludes thus: "The
trustees are to be commended in CON
staRtly and eonscientiously bearing in
mind, as they have, the high ideals of
the founder of these worthy educational
institutions, which rebound to the
founders credit.
1t should also be observed that the
trustees, while progressive and ener.
getie In all their duties connected with
the management of the estate, are also
conservative within the bounds of rea-
J son aud safety.
The management of the estate thus