Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-04-13
DIRECTORS FOR 1915 CARNIVAL;
REPORTS 1914 OFFICIALS ADOPTED
lContinued from page oneI

Wallace Il. Harrington and providing
that the Carnival reimburse the Pro
motion Committee for funds expenC,
ed by the latter organization toward
advertising the 1914 celebration, form
ed the basis OF considerable discus
sion, and finally was tabled TO be left
for action ~ the new directorate.
The new board probably will meet
at an early date. at which time the
matter of the selection of a director
general for 1915 will be taken up.
Following IS the report Of the pres
ident:
''In times heretofore it had been the
custom of the Hawaiian Promotion
Committee each year to appoint a
chairman Of a finance committee. the
chairman to selact his own committee.
TO raise funds for the succeeding Gel.
ebration on February 22nd. On Aug
Ust 9Th, 1913, it was my privilege to
be appointed chairman OF the commit
tee for the 1914 carnival AS fellow
members TO serve with me ! seCureu
Messrs. T. NJ. Church, E. H. Paris, R.
A. Cooke, Jas. l.. Mclean. and s. Nj.
LoWrey. At my request Mr.. Lcwrey
consented to act as treasurer. We Or
ganized and met the director-genera!,
Mr.. James d. Dougherty, and learned
of the program proposed. That was
our first surprise. We found we were
TO finance something quite different
from a floral parade, and that, too, in
year when there were various rea-
sens to anticipate greater difficulty
than heretofore in securing cash dona-
lions to foot the bills. 1t was quickly
learned that cash was not to come as
easily. In cases where large firms
had previously contributed, say $3.50
In cash each year. we were told that
$3.50 would have to dc for this year.
Right and left We faced these instan-
ees, which showed clearly that We
were dealing with new conditions. The
amount raised in cash by the previous
finance committee was 1920. 1t seem
cd, therefore, that we might count our
selves fortunate If We could Irafse
$4,000 or $4,000 in cash for the 1914
carnival-a much larger undertaking.
while estimates submitted by the
director general promised receipts as
well AS expenses. we. dared not enter
tain the plan without satisfactory ar
rangements to fall back upon to save
cur being Individually responsible for
possible deficit. We attacked the
figures, and cut down the receipts AMI
raised the estimates of cost, but still
we needed the guaranty behind us.
Otherwise we would surely have had
to cut down the program, and TINS
we were loath to consider. i
eat this point we felt that ae We
were. in measure. in the service OF
the Promotion Committee, we should
naturally look TO them for the desired
guaranty. The case was presented,
but we were told that the Promotion
Committee could not risk ifs funds or
undertakes the liability of deficit, and
we were further advised to go directly
to the commercial bodies inasmuch as
the Promotion Committee was itself
only servant of those bodies. 1t
was indicated to us that raising the
money was our function; for that We
had been appointed. Desiring still to
keep the program intact, if possible,
we conferred with Messrs. Geo. r. Car
ter, president of the. chamber of conf
merca, and o. c. Swain. president Of
the merchants association, and Sc
cured their advice and cooperation in
The ARRANGEMENT of ioirt meeting o.
the two bodies named The meetins
was held in this room on November
ID, 1913. A plan was n~eser'n5 COW
templating the organization of cor
poFation and the issue OF shares of
assessable stock in order to have the
stock subscriptions serve as the de-
sired guaranty. The plan was in
dorsad We arranged with the HOMO.
lulu AID Club to float the stock, and
how we'll they handled this work you
all know, We were able TO incorpor-
ate with capital of SAC. 900 instead Of
$4,000. This reduced the burden of
assessments so per cent to each sub
scriber. ss~ i. @~ .-1.-r.. -..
Features of Corporation
1T took time to get the stock sub
scriptions into shape, but we finally
effected Incorporation on February
18th, 1914, when the articles of asso-
citation were filed. 1t may he men
toned that at this time we found that
the cost of recording the list of sub
scribers names, and the number of
shares taken by each, was to be, so