Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-09-14
T0DAY'S HEARING TN T..
DETAILED STATEMENT
REMARKS OF MR.. ]. A. KENNEDY.


REMARKS OF MR.. ]. A. KENNEDY
| Fisher: What is your full name
Mr.. Kennedy? -.Es
Kennedy: James A. Kennedy.
Fisher: With what concern are vol
connected?
+ Kennedy: ! am general manager o
the Inter-Island Steam Navigation
Company. =
Fisher: How long have you beer
in that office? !. ...-.. i
| Kennedy Since 1902. r.. =
Fisher. What was your occupation
prior to that time?
Kennedy: / was in the employ OF
the Honolulu Iron Works.
Fisher: And how long have you
lived in the islands--were you borr
here? @
Kennedy: No, | was born in Scot
land. ~
Fisher: When did you come here
and how did you happen to come?
Kennedy: / arrived here first in
1873. Ny brother. was working in the
Honolulu Iron Works at that time.
worked for that firm for a little
while; then went back to San Fran
cisco After / went back the mana,
ger of the Honolulu Iron Works wrote
up for me to come down here. ! did
not come; and two years after that
the same manager wrote up to Davies
the San Francisco manager, to come
and see me. He did come to see me
and / came downfall was In 1880
i stayed with that company until 1892.
Fisher: What was your position
with that company?
Kennedy: began as bookkeeper
and was then practically in charge OF
all merchandise.
Fisher: And you have no large in
terest in the company itself?
Kennedy: No.
Fisher: Who are the principal
owners of the, company?
Kennedy: There are several cor
porations holding stock. The August
Dreier Estate, Limited, is the largest
stakeholder - they own 2799 shares.
Q. Who are they?
A. Simply an estate.
@. What people are interested in
the estate? s1a., -
A. Just the family. H.. /
@. Are they living here?
A. Most of them are living here.
/ think one daughter is away. Most
of them are here.
@, Are they interested in the sug.
ar business?
A. Not now; they used to. !
@. What have they done with
their sugar interests?
A. They sold their interest.
@. And that was SOME time ago?
A. Yes. .*. 3.
O.. So that now for considerable
period of time they have had no in.
terest in sugar SO far as you know?
A. No. rE@ ~. ..z
@. Who are-name, some of the
other holders? ->.>. y Z. .-rs- .
A. C. M. Cooke, Limited, Estate.
@. That a Hawaiian estate? I
A. Yes. @t ~ -.....,. /
q. People interested in it living
here? >f'
A. Yes. ,->t..,- r., !
Q. Are they interested in sugar?
A. Yes; believe they are. . |
@. AT the present TIME? ~-.
A. At the present time. :
= @. What plantations. are they in
terested in principally? :
A. Pahala Sugar Company.
: @. On what islands :
"A. On Hawaii; and wailuku, on
Maui, and / guess Eva plantation and
IWafalua, on this island. l am not
Sure.
@. How large a holding have they
d your company
i'd A. 749 shares.
hsQ. Are there any others?
alta. Hawaiian Electric Company, J.
be Morgan & Company and several
others, but they are small holders.
3. How do they run?
nkA. From Is shares up to 800.
}. What is the capital stock of
of Inter-Island?
ed $2,250,000
Ter And what is the denomination
nd he shares?
es- 800 a share
How many shares altogether?
his 22,500 shares.
he I The largest holding that you
Iai- mentioned there is? .
or The August Dreier Estate, Ltd.
Viii That was how many shares?
ND 2799 shares.
IN How many shareholders in the
ier' S9Py? What is the total num-
for bel =,
og About 500. This list calls for
lot th9nes of the largest Individual
S'ofders. | suppose you don't
his wa1at?