Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1915-10-25
RAPID TRANSIT
FIGHT IS BEGUN
ON BROAD BASIS
TechnicaIities Largely Waived
as Attorneys for Territory
and Company Battle
VALUE or PROPERTY OF
COMPANY MAIN POINT
"0nIy Fair Return on Property
in Public Service" is Point
Made BY Territory

Determination of the physical value
Of the Honolulu Rapid Transit & Land
Company, including the Interpretation
OF certain clauses In the company's
franchise giving the valuation and cost
OF the property, ID the issue at stake
In the Injunction suit which has been
brought against the company by the
territory. as brought out today dur
ing the initial hearing Of the action
before Circuit Judge Stuart
The outcome Of the action, Il was
stated in court, Will hinge on the
present value Of the tangible property
Of the company. This viii bring out
a contest, II has been Inferred. as to
what portions Of the present holdings
OF the company shall be included as
: tangible property, and what portions
shall be excluded. The territory holds
that the railway company is not en-
titled to capitalize IN excess Of the
value Of the tangible property. The
territory further claims that the pro
vision in the franchise Of % per
cent bonus. and other provisions OF a
similar character, are limitations and
not grants.
surse gns 80 AZ 100000
me Claims oL po.h the colnpany
70 show. were brought out today in
opening statements By opposing cour1-
sci. AT the beginning OF the trial
Judge Stuart stated that he would be
extremely liberal regarding the mat
ter of procedure throughout the trial.
instesu u placInk 9 llLll's on tue lssls Lun.
pct y s.eof.lsse snzesee ~ asL vosn si., Sue
~ mesteI. ~ vysa s.ues
vii ps sI'oNsS g snapios 91ss .hslI sss'
~. ,,.t y. =.
.e l.ses q. - 'sr s..,,.. - 49,
i've a''olnrss ale i''oie lulis aequa Inv
-: .,..,,,.. ., -.
"a = -. I'm - s,,s5, =
- 70 e".s IN s''',.',s..' III 49,. ee hs,d
...s ,..f,c,,
= !. :, s.,s $500, IN. F,,,,
lsn. na,s ~ - e7e..ss y. 'ss'e'. ~
o.sanee on .ne - su. ,rz,. q 49,.
Inc leN n.4 8, '.ss .nN ss.s.. s'
les Deen ls..leu ~ s..e 60
u - ns,s 1,e's.. - =. :.
80 ~ .set''e :. c..s,< e.s,s 20
~ ~ressln1o tne law I'LL ~ Sasa1 1,,es =
Wltr,h5.on 5. anu roi ins' eo'eii'o' " ar
yer trear -.
Is tne e,siln ol .ne nap,u .a,lsls
As'orhey l wi.slnk.on poan,so s.a,s oa.. s.a. ..a
7. y snsi.,eu ~ ss - ssplseilz 'n rs
81 alouhs Y. ing se.ss =. .''e s,hs p.Sss.sy u
NY ~ ~ rsa ,a.ta sass ..e ~
,n.snsaols LUIS esssss s .,e nes1 49, ass1ss ~
,ne'sus sel :, su ,.pn,;,s Ss,sss "a .h - ,s
~, - q a1.1 ',.s 49,.
ium 10 TINS capitanzaslon; tne COM
pely eIe's. es oe suuee ooius
ol - PEI '.,s eens 2, ..e eelsa'ioh' !.
tns,uces -. So',.t' s1s ss.so.. Z
t..s tleM y, ene sles.e'eh ,.s s.'e
nap.e sssls, ~ wss po'neou - " = s.'1..s 49,
not iiI,le lntsssLnen.s - p,osee1s llvln
saie ol stopk, 1u. elso ll,citses ,lssss' so
lnen.s lLon sne plocee9s ~ srs s.le
~ s.ochs ene pones anu oo''' lD',''s1e
tIoLn ou.slee pr...c9.
Inc ssIIItors l'tI'9sss - snvw, "
the testiMony =. co.. sSls enelliesIs' slIs
y was sshseus that .ns pIsssns taiua' l,la
tlon OF tne companys plaht = laI De'
low tne AMOUNT ol .ne pressne q In.a,' 81
l.asioh oL tns coIlpsny, an. ~ Mnlol
the conpany PAYS lls slochhoaue's
oivioeno ol I'LL PEI cen. yeaIiy.
lLIsspscs.se =, ING i lilonsss e1penu' =.
eo LOT constIusslon, tne COMPANY 70
uay mas not sulncIent assees IN sslua.
tloh 20 Justly sny lncrsase peyons
.ne presea. caplsrl s.ocA, 1eclaleu
Attoihey Oison. Dens puDuS sels-
ice corporauoh y = not eApecteu y
earn more tnsh = Iair return on ue
pFoper9 Hhich " mas IN puoiIc searF-
ice.
'nc'uces o'u .'. rsnen.se.
Attorney Witnlnstoh orousn. ou, s
Honolulu tramWays, Wnicn was pur-