Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-01-17

I
100000 and that the buyers will be
the Hawaiian Pineapple Company.
The Lanai Company, Ltd, owns the
island. II the deal Is completed, as
Z now seems certain twill mark q very
large extension OF territory on the
Dart Of the big pineapple interests,
two Of which willUviftually form a
syndicate to operate the island as. a
huge pineapple plantation IN addition
to its considerable ranch. operations.
Party Leaves For. Islands ..-..
Certainty OF q big deal being On
foot came last evening when the
steamer Mikahala took party Of
prominent pineapple men to the isl.
and. The party included c. v. Judkins
and Walter Macfarlane, representing
Libby, McNefil 4 Libby: James d.
Dole. president and manager Of the
HawaiiRn Pineapple Company; Lewis
K. Arnold, superintendent Of ti1e Ha.
wailsn Pineapple Company, and John
l. Whitmore, superintendent OF plan.
tation for the same corporation. DR..
Harold u. Lyon, pathologist OF the
Sugar Planters Experiment station, is
also IL the party. II IL understood he
is taken as an expert agficuiturist in
connection With estimates of the pine
apple lands and productivity. ~.
Mr.. Judkins has been in Honolulu
a numb6r. of months He Is the repre-
sentative here of Libby, McNeill &
Libby, the big Chicago firm which,
thr0Rgh the local corporation. Libby,
McN9W e Libby or Honoiuiu.s Ltd.
has steadily been deRelnping and ex-
banding until now Il is one OF the
LEADING factors Ia the Hawaiian pine.
apple field.
Reports Gain Deflnlteness
Reports Of the sale Of Lanai to pine.
apple interests have been afloat for
months, reaching rather definite
stage when Judkins and o. G. Malkow,
associated with the same interests,
came to Hawaii. and when, later, Nal.
kow, Robert w. Single and John T.
McCrossen visited the island.
However, those named by rurhor as
knowing the details Of the matter
would not talk today The passenger
list Of the Mfkahala included the name
OF II. n. Won Holt, director OF the
Hawaiian Pineapple Company, but Mr..
Won Holt.did not 60. When the report
OF the sale was brought to his ttten-
ton today he simply laughed. q
The newspapers have been carry
ing headlines about the sael of Lanai
for year" he said, and Il is moth.
ing new for 3 party OF pineapple men
TO visit It wish ii were soldiD
The Star Bulletin understands from
the rumurs In financial circles that the
Libby Company has secured an option
on the island. Presumably the pres.
ent trip Of the intending purchasers is
for final inspection.
island Resourees
The island Of Lanai is about q
miles long and IA wide, and was taken
over In 1910 by the present stock.
holders Of the Lanai Cecil
Brown, F. 81 Thompson, J. T. McCros.
sen, H. Haekfeld & Co. and C. @. Yeel
Hop. The Hsckfeld Company is the
agency and c. q. Yee Hop has a meat
contract with the ranch.
There are more than 10000 acres
OF The island-almost all Of it-owned
In fee simple. II has now about $500
cattle and 10000 head OF sheep. II
has q mortgage to the w. G. Irwin
estate OF $275,000 and overdrafts with
the agency are said to run more thar
100000 besides. The sale viii clear
away all Indebtedness.
Lanai has never been devoted to
pineapples on q commercial scale. The
island Is hoted for its fine, sweet pine.
apples. heretofore raised In small guam
titles. It is estimated that from 5000
TO 10000 acres Of the land are avail.
able for pineapple production.
The sale Of this island, as Mr.. Won
Holt pointed out, has been fruitful
subject for rumcT. Once there was a
story that Senator Pittman of Nevada
was dickering for it.. H. ]. Iorentzen,
a Neyadan and for short time a
deputy interna. revenue collector, look.
ed over the island once and it was
given out then that he was negotiat-
ing for its purchase but comparative
" little credence was placed in this |
report.