Promoters and capitalizations stir debate in 1904 finance pages
The article surveys promoter activity and inflated capitalization in major companies, arguing for strong laws to curb overvalued stocks. It questions who bears risk when investors borrow to buy high priced issues and notes the impact on workers’ wages as profits wane. It also touches on immigration, farm labor shortages, and rural job demand amid economic concerns.
MENTIONED IN THIS ARTICLE
Bach Big Company
Steen
Carnegie Tool Company
Seewratten
Steel Corporation
Compton Itelood
Wall
United Realitor Company
Wall Street
Wales
Capitalization Evils Highlighted By Knox In Trusts Study
Secretary Knox argues overcapitalization is the root of many trust evils. He cites watering stock, inflated good will, and inflated plant values as common devices. Examples from Gilbert Montague's Trusts of Today illustrate how companies distort capitalization to inflate control and profits.
MENTIONED IN THIS ARTICLE
New York
Auutiie Porte
New England
Ube
United States
Trusta
Knox
Itle
Gilbert Holland Montague
Imnance
Honda
Havemeyer
Sugar Trust
Thia
Jer
Ktoet Corporation
Ematter Pl
Goliath
Umea
Passengers Arrive From Orient and Honolulu Court Opinion
Passengers from the Orient and Honolulu include Mra Narita Mra Narita and others bound for San Francisco and Honolulu. William Haywood and family, representing Hawaiian Sugar Planters Assocation and Honolulu Chamber of Commerce, arrive in the city. Supreme Court, Chief Justice Frear, overrules Allen & Robinson on a $24.81 assumpsit verdict for materials used in building repair. Annie Relst as defendant had no dealings with the plaintiff.
MENTIONED IN THIS ARTICLE
William Haywood
Washington
Hawaiian Sugar, Planters’ Association
Honolulu Chamber of Commerce
Supreme Court
Frear
Allen & Robinson
Actio
J. Alfred Magoon
Kalua Kapubint
Robinson
Thomas Pitch
Kalua
Justice Hatch
Ward
Legal dispute over tram car crossing duty and damages
Pacific Hardware Company case in Honolulu concerns a pedestrian injury at a street crossing caused by concurrent tramway and rail car movements. The court weighed defendant’s duty to exercise care, contributory negligence, and statutory right of way for the Rapid Transit Co. The jury awarded the plaintiff damages amid questions of examination rights and operating rules on the crossing.
MENTIONED IN THIS ARTICLE
Nawang
Hot 1
Honolulu
Tawa
Platntitt
Robinson, Jr
Chowlt
Talnutt
Won-Wah
Raphi
Apht Transit Co
Legal debate over tramcar negligence and platform injuries
Testimony shows the tram driver began crossing before the two bell signal and the motorman may not have looked toward the tram. The defense argues the franchise act negates proof, while courts consider streetcar passengers on platforms need not be inside to be injured. The judge’s handling and requests for a medical examination are contested.
MENTIONED IN THIS ARTICLE
Imony
Cor
Tansportation Company
Also Mentioned on This Page
Honollu
Dauy Matter
U.S
U. S
Postpali
Peers Lang
Jonday
A Hee Wiine
The
Deaiveratte
Parker
Cortly Davis
Mme
David H. Mill
California
Hawaii
Orient
America
Mary
Henry Waterhouse Trust Co., Limited
Secures Investments
P.O
Tel
von Hamm-Young Co., Limited
Oldswobile Go
Detroit, Michigan
Oldsmobi
Assachiles
Pacific Hardware Company, Limited
Fort and Mercian Streets
Arthur
Gunst-Eakin Cigar Co
Mele
Stephenson
King Street
Phoenix
Judd
A, Campbell
FITCH
Ibwett, Corner Hotel and Union