Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1915-11-16
ALL DISPUTED
TRANSIT ITEMS
ARE SORTED OUT
Territory and Street Railway
Co. File Stipulation Which
viii Shorten Suit

Considerable detail win be elm
mated and at least two or three week
Of cross-examination win be saved i
arriving at a figure representing tn
physical valuation Of the company
plant as the result of a stipulation be
tween attorneys for both sides in tn,
| territory's Injunction suit against tn
Honolulu Rapid Transit & Land Com
pany, which was filed in Circuit Judg,
Stuart's court today.
The items which are still disputed
by the territory relate to overhead
expenses, such as the OUTLAWS mad
by the company in its earliest periot
Of organization, and which the RAPID
Transit claims should enter into tn,
cost Of the plant.
The opening paragraph OF the stipu
lation IS as follows;
1T is stipulated that the capital ex
|penditures shown in Plaintiffs Elk
hibft o. represent the original cost d
these items of the property of thu
company, exception so far as the items
hereinafter set forth are not legally
chargeable within the termSof the act.
The disputed and undisputed items
mentioned in the foregoing paragraph
are set down as follows:
Track and oadway-Disputed, $g2.
S32.75; undispnted, $685. 1928.
Overhead structures Disputed, So,
51t.23; undisputed, $72,904.S6,
Cars, trucks and motors-Di Disputed
$36,5S6.7s; undisputed. $293,093.07.
Power plant Disputed, S33, 5S3.82;
undisputed. $214,s1770.
Buildings and fixtures Disputed
$22,s23.60; undisputed, s132,242.09.
Real estate Disputed, $50, 402.S7;
undisputed, $4,000.
Equipment, tools and supplies-Dis
puted. nothing; undisputed, $96,139.73
Hawaiian Tfamways Company pur.
chase Disputed. $255.549.S4; undis'
puted, nothing.
Pearl Harbor Traction Disputed,
$79,024.43.
The amount Of the disputed items to
tails s56B,919.43; and the undisputed
items $1,602, 056. S..
The stipulation continues:
undisputSd Rear Estate.
That the items of real estate, un-
1 ,l., y az SHOWN On aeIenqants ex.
hlDit are me nrst InIee Items OF
saiq eAlinis aesIeeatihg $SV,yyOi
namely. Damon PROPERTY, the three
Items Thrufn property, $4,000, the
item of Hyde property, E$1s,500, and
the first item CT MetcaIf property,
$500. all the other items ibeing in
dispute. and thar the items IN dispute
1Aqss a1e LEGS g laek snq E Fsss
Ways, SaLs iLnchs anu Motors, row.
er Pant Puildmgs snd Fixtures. and
yuiphehS a2eH thn Supphes, con-
SYST o. the PRELIMINARY expenses, the
expenses q financing, the proportion
on auninlstrauo1 ana general e4-
penses cnaIgen 20 oRernea and engi-
neerIng ana supeilntenaence as SHOWN
~ seateinelH - hereto attacneo: the
qlstrl2ntion q these charges 20 Plain
VI. III hAnip1s Y peinG az IQiloMs:
hoadWay and track ,.... $yz,5 %
Vyernfaa structures w Lz,5lS;z g
lars, trucks ana motors s6,5Sb.Is
rover pant 1850. ....... o5,oS5.oz
buiioings ana hxtures. -. zz'yzS.oO
..-.,.s,. II 49,,
i9tai -. 1871 ,s4z. II
the actuaI expenditure 81 winch IS
not u dispute but the question whefn-
er the saqe are iegai charges upon
which STOCK is authorized TO be issued
Deilg open 70 dispute. -
Inc haWanan IramWays purchase
l =. sisV,cuv o. ponus ana Ssi,vUu
Or preferred stock. par value, and the
garded as cost is left open to dis
pUte.s
Statement A. being attached to, the
stipulation and being the overhead
expenses referred to IN the stipulation,
is summarized as follows:
Preliminary expenses, including
trainway suits, $39, 52S.9
EXPENSES of financing; s1f1, S93.09.
4 Administration and general ex-
penses tproportionaD, $2S.472.S7.
Engineering and superintendent,
s20,052.76.
The foregoing figures make total
NJ H1QT 942 10 So q