The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1916-06-16
Directors Of Transportation Com
pany Decide To Carry Service
To Fort Shafter
WORK WILL BE BEGUN
WITHOUT ANY DELAY
Three Hundred Sixty Shares of
Corporation Stock Sells Here
For $3.50 Each

without more loss of time than will
be required to secure the necessary
approval Of the superintendent of pub
lie works, work on extending the north
ern terminus of the King.street line
to the Moanalua Hill boundary, past
the Fort Shafter military reservation,
Will be begun by the Honolulu Rapid
Transit and Land Company.
The extension will be of approx
mately 1900 feet and will make Fort
Shafter easily accessible by the cars of
the company in addition to reducing
considerably the distance to the Moa.
nalua Gardens. This will require the
addition of one more car on the King.
street line.
The work was decided on at meet
ing of the board Of directors of the
Rapid Transit company held yesterday.
The rails, ties and other fittings are
here and no delay on this score will
be necessary. This is part of the ma
terial which the company has had on
hand for some time for the projected
extension Of the system to Pearl Har-
Dor and 30 much of it as is necessary
will be utilized Immediately on the
tort smarter extension.
Believe Extension Warranted
The extension now decided upon was
the result of a suggestion made to the
company by the public utilities com
mission, that the company's track be
extended from the north end of the
king-street line to the top of the Moa.
nalua Hill, so as to better the service
to Fort Shafter and Moanalua.
Clinton g. Ballentyne, manager Of
the company, reported to the meeting
that this extension would require the
placing of an additional car on the
king-street line, which would cost the
company $500 a month to operate.
1t was not. thought by the directors
that the extension would be paying
proposition for the present, but in view
of the fact that the Fort Shafter col
ony had been increasing so rapidly of
recent date, good prospects that this
increase would be still greater in the
near future, the directors decided to
60 on immediately with the work of
the extension.
Begin Approval Of Plans
Dirt will begin to fly as soon as the
location for the track is made and
NhO pioho bpCClhCdJlOHb are dDDTON-
ed by Superintendent Forbes of the de-
partment of public works. On this score
there is no apprehension felt, as the
chairman of the public utilities com
mission, which made the request for
the improvement, and the superintend-
ent of public works are one and the
same person.
The extension, although a short one,
is taken as a sign that still greater i'm.
provements will be made by the com
pany along these lines at a no distant
date and It augurs, it is claimed, the
dawning of the day when the general
extension to Pearl Harbor will become
% accomplished fact.
Dividend Ordered Paid
Matters of business moved rapidly
at the meeting of the Honolulu Rapid
Transit and Land Company. In add.
ton to the decision of going ahead i'm
mediately with the Fort Shafter ex-
tension, the directors voted the usual
| quarterly dividend of two per cent to
be paid to its stockholders payable on
| July |.
1t was also reported that three sales
of Honolulu Rapid Transit and Land
Company stock, aggregating 800 shares,
had been made during the day between
boards at the Honolulu stock exchange,
in blocks of 100, 100, lao shares each.
The stock sold for $3.50 a share, par
| value 800.
While no information was given out
as to who sold the stock, it is believed
in financial circles that mainland own
ers we're disposihg of their stock to
local persons. This was the biggest
sale in Rapid Transit stock made in
several years.