Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-03-12

respectively, and to read as follows:
-. This franchise may at any time
after the expiration Of the term OF
! thirty years for which il was origin
ally granted. be amended or repealed
" the congress of the United States
or by the legislature of the Territory
of Hawaii with the approval of the
congress of the United States; and
the rights, privileges and powers by
this act conferred shall not be con-
strued to be exclusive
%. Said corporation and the fran.
chise, rights and privileges granted to
il by this act shall he subject to such
law establishing public utility COM
mission and such other laws of a gen
eral nature as may be applicable from
time to time to street railways or the
companies opera ing them in the Ter
ritory of Hawaii 49,.
Section 6. That Section 81 Of said
Act SO being Section 81 of said Re-
yised Laws) is hereby amended so
as to read as follows:
Section 81 After March 4. 1913,
the said corporation shall not issue ad.
ditional capital stock in excess OF the
amount paid to il therefor in cash,
nor shall it issue bonds at less than
their par value; and the entire pro-
eeeds of such stock and bonds shall
be applied to, capital expenditure"
Under City Authority. " 49,. -. =. T..
Section z. That said Acts 50 and
30 are hereby further amended as fol-
lows, - ~: .
Add to Section l of said Act SO IRE
yeed Laws, Sec. $3.50: Political
division shall refer to and mean the
City and County of Honolulu or such
other political division of the Terri
tory of Hawaii, within or including the
Island of Oahu, as may be designated
from time to time by the laws of Ea-
wall; and Board of Supervisors shall
refer to and mean the Board OF Super.
,isors of said City and County of
Honolulu or such other body as may
be designated from time to time by
said laws" II
Strike out Governor" and Super
intendent of Public Works, with the
approval of the Governor" wherever
they occur in subdivision IL of Section
9. subdivision 2 of Section 4, subdi-
visions and of Section 8. and sub
division of Section 20 of said Act
So. and Section of said Act 40 (Re-
yised Laws, Secs S36. S3S, 843, S54
and S6D and insert In lieu thereof
Board of Supervisors.
Strike out Superintendent of Pub
lie Works" in subdivisions 1, 5, 3, 3
and 10 of Section 4. subdivision 8. OF
Section 20, and Sections S3 and SO OF
said Act SO Revised Laws, Secs. S3S,
S64, S6S and 500 and insert IN lieu
thereof Board of Supervisors, ex.
cept in the first two sentences OF said
subdivision 8 of Section 20, In when
sentences insert in lieu thereof "ap-
propriate authority" and strike out "or
other officer duly appointed by him
and in said Section 33 strike out
him" and insert in lieu thereof "it.
Insert "and such political division"
or "er such political division as the
context requires, after Territory and
Territory OF Hawaii" wherever they
occur in subdivision a OF section 4 and
subdivision 3 sof SECTION 20 (Reyised
Laws, Secs. 1898 and '864); and in said
subdivision 3 of section 20 strike out
shall and insert in lieu thereof
may"
Strike out ATTORNEY General of the
Territory of Hawaii, or any other
person to the use OF the territory" in
section 8 of said act 50 (Revised laws,
Sec. 842) and insert in lieu thereof
attorney of such political division, or
any other person to the use of such
political division"
Strike out department" in section
81 of said act SO (Reyised Laws, Sec.
1861 and insert in lieu thereof "of
such political division"
Must Go To Congress !" .~. /.
Section s. This act shall take eff
feet when the Honolulu Rapid Transit
& Land Co., the holder of the fran
chise granted by said acts 50 and 10,
shall notify the governor of Hawaii
in writing that it has accepted the
terms thereof by an affirmative vote
of the holders of majority of its
stock; Provided, that this act shall be
approved by the congress of the Uni
ted States within two years after its
passage by the legislature of the Ter
ritory of Hawaii, and that said Homo
lulu Rapid Transit & Land Co. shall
so notify the governor of Hawaii
within six months after such action
,, by the congress of the United States.