LANAI GOES TO THE HAWAIIAN PINEAPPLE COMPANY
Last Tuesday the deal went through for Hawaiian Pineapple Company to purchase the land, the animals, and all equipment of Frank F. Baldwin and Harry A. Baldwin upon the Island of Lanai.
After paying the agreed price of $1,100,000, the retention of the old head managers and the members of the board of supervisors [papa alakai] of the Lanai Company, Ltd., of each of their positions was approved.
All of the rights of the Lanai Company has accrued to the Hawaiian Pineapple Company, and a number of new leaders have been chosen for that company, those being: James D. Dole, president; Kenneth B. Barnes, secretary; R. S. West, treasurer.
The entirety of Lanai is owned by the Lanai Co., Ltd, except for 1,000 acres, some kuleana lands, and all animals, cows, sheep, structures and other equipment of the ranch.
The new company will continue ranching, however, according to what is clearly understood, it will begin to plant pineapple on approximately 20,000 acres of chosen land, when the time is right.
The first thing planned by the Hawaiian Pine Company is to farm on land bought in Waialua this year while put aside the lands on Lanai until the right time comes to farm there. What it must do prior to farming pineapple is to build a pier, roads, and housing for the laborers, and if that happens, then pineapple from that island will hit the market in 1927.
(Kuokoa, 12/7/1922, p. 1)