Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1915-10-18

end the sole discharge al the 4l0-fOot
level above the sea level, the follow
ing memorandum as a basis for a H.
cense has been suggested and IS here
With presented for your consideration
By the Governor
The physical data is uAavoidably
less definite than is desirable. but the
memorandum is aimed TO be protect.
i've. in any event, OF the governn. ants
interests, which are for q period of
10 years 10 be licensed. for 81 per
year. 20 aid the Hilo Traction Compa.
ny, Limited. in establishing and ope
rating its transportation system and
contributing to its capital or credit
such excess income as may be derig-
ed, above its own power needs, from
power to be sold as indicated.
All this that the Territory after 10
years aud tor the subsequent 20 yearc,
and constructively thereafter, may r.
CeiVe the full power value OF the wa
: ter under consideration.
i Copy Of Letter to Shingle.
, Honolulu, T. H., October 16, 1915.
R:W. Single, Esq,
President, Hilo Traction Company,
- Honolulu, T. H.
Dear Sir! The Administration is
- prepared to recommend to the Land
u Gommissioner and the Land Beard
that the rights Of the government in
- the waters Of the Wailuku river in
South Htlo District, Island Of Hawaii,
IS existing between the approximate
elevation Of SEQ to $50 feet sole in
takes and approximate 4l0-foot above
sea level sole discharge shall be Ieas-
cd to the Hilo Traction Company,
], Limited, or their successors, for the
term Of 80 years, Il being stipulated
the water IN question shall be taken !
Tor power apd lighting purposes only, |
or both, and shall be returned 10 the |
llper, unpublished, at the point of dis
charge named.
. The license shall cover a period of |
so years.
For the first ten years the Hilo |
Traction Company, Limited, shall pay |
the government 81 per year. t.
To whornsoeVer Is. concerned 1t |
shall pay 6 per cent per anHum, pay |
able senafannually, on the cost Of the |
power and electric generating plant |
The electric current shall be delivered |
%, the transmission line, or lines %
the generating plant. J ~ /
Current To BE Metefed!i'1 - - t
ALI current delivered to the Hilo
9 Traction Company, Limited, shall be
nietered at the generating plant and
all other current sold o. otherwise de- /
liyered shall be separately metered at t
the same pointa - ;. ). .s-~ss<- 49,. 80,
There shall be set aside a sinking |
fund annually equivalent to the an.
Rnal requirements of such a fund as
Z spay. discharge the costaof the power
{ end electric generating plant at the !
fDd of 80 years en- the basis of 4 per
sesht interest per an1lum ON sinking /
funds. r. ~
After the first. ten years as speci.
lied there shall be paid to the Terri 7
z tOrial government, semi-annually, the /
{ income derived from the electric cur:
rent as Tnetered and delivered ON said h
transmission line or lines based on
the cost OF said electric current per
l kiiOwatt when generated r by power |,
other than water power. ~ /
The cost Of so generating shall be
determined by the cost of electric. cur
lIrent within the Territory of Hawaii |;
!, pfodgeed by prime mover other than
iswater power, due consideration being I
given to the decreasing factor 10 the /
cost OF larger production of electric
scuTrent as against smaller produc-
alton. II
10 The cost of the electric current
shah be determined every rive years, Il
or oftener should equity so require, h
BY q board of three appraisers appoint /,
Led BY the Governor. "'..@'' s'~''e',E- II
Open 20 lnspection. Z, ..,. T., ~ ii
inspection OF meters and records
sb6ll always be open to the inspection
of the government. o.. .~-s + e -
TIE cohstruction of at least one
such plant and pipe line of a perma.
EReRt nature with all modern equip
ment for the generation of electric
current Of at least $50 kilowatts ca.
pacity-either continuous or alternat-
ing current or both as the licensee
may determine be begun BY the
Sslicensee within two years from the
: date Of this indenture, and be diAgeRt-
II proceeded with until completed.
provided that If there shall be any
period during which such work shah
be suspended by reason Of actions,
suits or iniunetfons, instituted In good
{ faith without any collusion ON the part
OF the licensee Impeding or delaying
construction, the time so lost shall
not be counted as part of the time
within which such construction shall
be begun and completed. In case OF
failure to begin the construction OF at
least one such plant and pipe line
within two years from the date of this
as in this section provided
this license and all rights, privileges
and authorities herein granted shall
upon the expiration of such time cease
and determine.
Very respectfully,
(Sgd.) L E. PINKHAM,
Governor of Hawaii.
now leave the matter for the con
sideration of the Land Board and
Land Commissioner.