U.S. National Banks Of Hawaii
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U.S. National Banks Of Hawaii
The first bank established in the Kingdom of Hawaii was Bishop & Co., founded by Charles Reed Bishop and William A. Aldrich in 1858. Almost 25 years later, Spreckels & Co. was founded by Claus Spreckels in partnership with William G. Irwin in 1884. The Kingdom opened the Hawaiian Postal Savings Bank on July 1, 1886. By 1895 the Yokohama Specie Bank opened a branch in Honolulu and the merchant importer/exporter Hackfeld & Co. went into banking. Following the annexation of Hawaii in July 1898, plans were set in motion to establish the First American Bank of Hawaii backed by investors in New York and California. A prospectus soliciting stock subscriptions was released on May 8, 1899, and the bank opened for business on September 5, 1899. The founding board of directors included Cecil Brown (President), B.F. Dillingham (Vice-President), M.P. Robinson, Bruce Cartwright, and G.W. Macfarlane. Additional officers included W.G. Cooper (Cashier), E.M. Boyd (Secretary), and George F. Mc ...
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Charles Montague Cooke
Charles Montague Cooke (May 6, 1849 – August 27, 1909) was a businessman during the Kingdom of Hawaii, Republic of Hawaii, and Territory of Hawaii. Life Charles Montague Cooke was born May 6, 1849 in Honolulu, Hawaii. His father was Amos Starr Cooke co-founder of Castle & Cooke. His mother Juliette Montague Cooke was the teacher of future leaders of the Kingdom of Hawaii at the Royal School. He was educated at Punahou School and Amherst Agricultural College where he roomed with friend William Owen Smith. In 1871 Cooke worked as a clerk for his father's firm. He moved up to head bookkeeper. Castle & Cooke was one of the " Big Five" corporations that dominated the economy of the Territory of Hawaii. He married Anna Charlotte Rice (1853–1934) on April 30, 1874. In 1877 he became business partners with Joshua G. Dickson and Robert Lewers importing lumber and hardware. After Dickson died in July 1880, the firm became Lewers & Cooke. He was an investor in several sugar plantatio ...
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History Of Banking In The United States
This article details the history of banking in the United States. Banking in the United States is regulated by both the federal and state governments. New nation In the first half of the 19th century, many of the smaller commercial banks within New England were easily chartered as laws allowed to do so (primarily due to open franchise laws). The rise of commercial banking saw an increase in opportunities for entrepreneurs to borrow capital used to grow an enterprise. The small private banking sector saw a great deal of insider lending. Many of these banks actually spurred early investment and helped spur many later projects. Despite what some may consider discriminatory practices with insider lending, these banks actually were very sound and failures remained uncommon, further encouraging the financial evolution in the United States. Early attempts to create a national bank In 1781, an act of the Congress of the Confederation established the Bank of North America in Philade ...
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James Dole
James Drummond Dole (September 27, 1877 – May 20, 1958), also known as the "Pineapple King", was an American industrialist who developed the pineapple industry in Hawaii. He established the Hawaiian Pineapple Company (HAPCO) which was later reorganized to become the Dole Food Company and now operates in over 90 countries. Dole was a cousin (once removed) of Sanford B. Dole, President of the Republic of Hawaii. Early life James Dole was born on September 27, 1877, in Jamaica Plain, Massachusetts (now part of Boston), to an American Puritan family long settled in the country since colonial America times. His father was Charles Fletcher Dole, a Unitarian minister, and his mother was Frances Drummond. His paternal great-grandfather was Wigglesworth Dole (1779–1845). His maternal grandfather was also a clergyman, James Drummond. Growing up, Dole attended Roxbury Latin School in Roxbury, Massachusetts, from which he graduated. In 1899, Dole obtained his bachelor's degree in ...
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Schofield Barracks
Schofield Barracks is a United States Army installation and census-designated place (CDP) located in the City and County of Honolulu and in the Wahiawa District of the Hawaiian island of Oahu, Oahu, Hawaii, Hawaii. Schofield Barracks lies adjacent to the town of Wahiawā, Hawai'i, Wahiawā, separated from most of it by Lake Wilson (also known as Wahiawā Reservoir). Schofield Barracks is named after Lieutenant General (United States), Lieutenant General John Schofield, John McAllister Schofield, who was the Commanding General of the United States Army from August 1888 to September 1895. He had been sent to Hawaii in 1872 and had recommended the establishment of a naval base at Pearl Harbor. Schofield Barracks has an area of on Central Oahu. The post was established in 1908 to provide mobile defense of Pearl Harbor and the entire island. It has been the home of the 25th Infantry Division (United States), 25th Infantry Division, nicknamed the “Tropic Lightning” division, ...
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Paia, Hawaii
Pā'ia ( haw, Pāia ) is a census-designated place (CDP) in Maui County, Hawaii, United States, on the northern coast of the island of Maui. The population was 2,470 at the 2020 census. Pā'ia is home to several restaurants, art galleries, surf shops and other tourist-oriented businesses. It was formerly home to a Hawaiian Commercial & Sugar mill from 1880 to 2000. Pā'ia is the first town on the Hana Highway when heading eastbound towards Hana. Pā'is located close to many internationally known windsurfing spots including Hookipa and Spreckelsville. It is therefore sometimes called "The World Capital of Windsurfing". Geography Paia is located at (20.910694, -156.376340). Spreckelsville lies to the west, Haiku to the east, and Haliimaile to the south. According to the United States Census Bureau, the CDP has a total area of , of which is land and , or 17.84%, is water. Demographics As of the census of 2000, there were 2,499 people, 783 households, and 551 families res ...
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The First National Bank Of Paia (ad, 25 Oct 1913)
''The'' () is a grammatical article in English, denoting persons or things that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archai ...
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Henry Alexander Baldwin
Henry Alexander Baldwin or Harry Alexander Baldwin (January 12, 1871 – October 8, 1946) was a sugarcane plantation manager, and politician who served as Congressional Delegate to the United States House of Representatives representing the Territory of Hawaii. He was one of the earliest leaders of the Hawaii Republican Party. Life Alexander & Baldwin, one of the " Big Five" corporations that dominated Hawaii economics in the early twentieth century, was started by his father Henry Perrine Baldwin and uncle Samuel Thomas Alexander in 1869. His father was son of early missionary Dwight Baldwin, and his mother Emily Whitney Alexander was daughter of early missionary William P. Alexander. Born January 12, 1871 on the Baldwin house at the Paliuli sugar mill in the Kingdom of Hawaii on the island of Maui, between the towns of Pāia and Makawao, Hawaii. Baldwin was educated in Honolulu at Punahou School. His parents sent him to Phillips Academy in Andover, Massachusetts from whi ...
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Samuel Mills Damon
Samuel Mills Damon (March 13, 1845 – July 1, 1924) was a businessman and politician in the Kingdom of Hawaii, through the Republic of Hawaii and into the Territory of Hawaii. Life Damon was born in Honolulu on March 13, 1845. His father was early missionary Samuel Chenery Damon (1815–1885) and his mother was Julia Sherman Mills (1817–1890). They arrived in Honolulu in 1842. His maternal great-uncle was minister Samuel John Mills (1783–1818), who took part in the Haystack Prayer Meeting which led to the formation of the American Board of Commissioners for Foreign Missions, the group that sent the first American missionaries to Hawaii. He was educated at Punahou School from 1856 to 1863. On September 5, 1872 he married Harriet Melinda Baldwin (1846–1932), daughter of missionary Dwight Baldwin (1798–1886). Family and business The Damons had four children: Samuel Edward Damon (born June 1, 1873), Mary Mills Damon (born November 23, 1877), Henry Fowler Damon (bor ...
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Henry Perrine Baldwin
Henry Perrine Baldwin (August 29, 1842 – July 8, 1911) was a businessman and politician on Maui in the Hawaiian Islands. He supervised the construction of the East Maui Irrigation System and co-founded Alexander & Baldwin, one of the " Big Five" corporations that dominated the economy of the Territory of Hawaii. Life Baldwin was born on August 29, 1842, in Lahaina, Hawaii. His father was American Christian missionary Dwight Baldwin (1798–1886), and his mother was Charlotte Fowler Baldwin. He was named after Matthew LaRue Perrine (1777-1836), professor at Auburn Theological Seminary, from which his father had graduated shortly before his departure to the Hawaiian Islands. He attended Punahou School in Honolulu and returned to Maui to become a farmer. First he tried to manage William DeWitt Alexander's rice plantation, but that failed. Instead by 1863 he went to work for his brother David (also called Dwight Baldwin, Jr) who had started a small sugarcane farm. He hoped to earn e ...
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Kahului, Hawaii
Kahului () is a census-designated place (CDP) in Maui County in the U.S. state of Hawaii. It hosts the county's main airport (Kahului Airport), deep-draft harbor, light industrial areas, and commercial shopping centers. The population was 26,337 at the 2010 census. Kahului is part of the Kahului-Wailuku-Lahaina Metropolitan Statistical Area which includes nearby Wailuku and the town and former whaling village of Lahaina. The retail center for Maui County residents, Kahului has several malls and major stores (including department stores in the Queen Kaahumanu Center); other significant groupings of stores are in Lahaina such as the Lahaina Cannery Mall, the Happy Valley area of Wailuku, Maui Market Place and Maui Mall, which are both also located in Kahului; and The Shops at Wailea in Wailea. Kahului is not generally considered a tourist destination. It does feature the Alexander & Baldwin Sugar Museum, Kanaha Pond State Wildlife Sanctuary, Kanaha Beach County Park, and the M ...
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Peter Cushman Jones
Peter Cushman Jones (October 12, 1837 – April 23, 1922) was a businessman and politician during the Kingdom of Hawaii, Provisional Government of Hawaii, Republic of Hawaii and Territory of Hawaii. He founded the second bank in the Hawaiian Islands. Early life Peter Cushman Jones was born December 10, 1837, in Boston. His father was also named Peter Cushman Jones (1808–1885), and his mother was Jane MacIntosh Baldwin, whose grandfather Isaac Baldwin (1738–1775) died in the Battle of Bunker Hill. He traces his ancestry to several notable early Bostonians, including Thomas Dudley (1576–1653) and daughter Anne Dudley who married Simon Bradstreet. He was fourth of nine children. He was educated at the Boston Latin School in 1849. However, as he describes himself:As a scholar I was extremely dull, I never remember having been at the head of my class at school but have many times been at the other end of the class, the "foot." Although his parents expected him to attend Har ...
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