The Maui news. [volume] (Wailuku, Maui, H.I.) 1900-current, 1922-08-11
Larger Capital
For Electric Co.
Directors VIII Recommend In
Crease To Stockholders;
Question Of Site For Build
ing To Be Settled

Increase in the capital of Maui
Electric Company will be proposed by
the directors at a special meeting of
the stockholders of that company
which is to be called. At that meet
ing, also. a site for the proposed new
Office and store building needed by
the company is to be determined The
directors decided upon the special
stockholders meeting when they met
on Wednesday.
More funds are needed by the com
pany TO carry out the policy of i'm
provement expansion that has been
undertaken as well as for the erection
of a building to house it, For the
latter it is expected that three sites
will be presented for consideration.
Would Improve Service
To give the service that the direc-
tors of the company desire to supply
to the community considerable out
lays will be required. There have
been prepared plans for new trans
mission lines and for new distribution
systems, as well, for Waikiki and
Kahului. Those plans were prepared
by j. H. Foss, whose services were
engaged as an expert, and Manager
Blair, are thoroughly comprehensive
and are the basis for a policy OF
growth and expansion that will cover
the needs of Wailuku and Kahului
for 20 years at least.
Until the transmission line from
Kahului to Wailuku is taken away
from the beach such troubles as from
time to time occur and cause a shut
ting off of power, as was the case
last Tuesday night, cannot be entirely
avoided. The proposed new line will
run up over the sand hills from Kahu-
lui to the vicinity of the old power
house
Pending the installation of the new
line work is being done each noon
which is designed to minimize the
frequency of poles along the beach
taking fire but it is not expected that
the difficulties along that stretch can
be completely removed. The new
transmission line is essential to Civ
ing really satisfactory service.
Where Funds Required
Included in the distribution system
planned are number of transformers
so that a Uniform service can be
maintained and an increase of use of
current in one part of town will not
other parts of town. 1t will also make
possible where trouble may occur in
one place to cut off the current only
from small section and not to dis
turb all parts of the town.
When Maui Electric Company was
formed to purchase the property form
erly held by the Island Electric Com
pany it was recognized that at a fu-
ture time a larger capital would be
required. The new company has
made material improvements in SER
vice and has reduced rates for cur
rent for lighting by 25 percent from
the old Island Electric Company's
rates but it has about reached the
limit of what can be done with its
present capital.
Steady Growth Foreseen
Extension of service to lower Paia
and to Makawao is going forward and
further arrangements for such service
We're made by the directors Wednes-
day. Figures as to requirements of
material for the Makawao extension
were presented and considered and
arrangements for the securing of the
current are in progress.
The company besides improving
service to the extent that has been
achieved and reducing lighting rates
has been able to pay divident of
percent to stock holders. With the
new Kahului wharf and with other
projects that are in sight together
with extensions into the Paia and
Makawao fields, the directors feel
that the proposed increase in capitali-
Zation is warranted