Posted on: Sunday, May 22, 2005
History of Campbell Estate
• | James Campbell Co. taking shape |
• | The estate at a glance |
• | Hawai'i holdings as of 2004 |
Advertiser Staff
1850: James Campbell, a 24-year-old carpenter, arrives in Lahaina aboard a whaling ship.
1863: Pioneer Mill acquires Lahaina Sugar Co. 1876: Campbell buys approximately 15,000 acres in Kahuku, including Kahuku Ranch, for $63,500. 1877: Campbell marries Abigail Kuaihelani Maipinepine, and the couple subsequently moves to O'ahu. 1877: Campbell sells his interest in Pioneer Mill. 1877: About 41,000 acres at Honouliuli is purchased for $95,000. During this period, he also buys property in downtown Honolulu, and land on the Big Island and Maui. 1885: Pioneer Mill re-acquired. 1889: He sells his half interest in Pioneer Mill for $250,000. 1889: The Honouliuli and Kahuku lands are leased to Benjamin F. Dillingham for a 50-year term at a combined annual rent of $50,000. Dillingham builds a railroad to serve O'ahu sugar plantations. 1890: Dillingham subleases a portion of the Kahuku lands to James B. Castle, who establishes the Kahuku Plantation. 1892: The Ewa Plantation Co.'s first crop of 2,849 tons is harvested on Honouliuli land subleased by Dillingham to W.R. Castle. 1892: At public auction, Campbell buys his second-largest tract of land more than 25,000 acres at Kahauale'a on the Big Island. 1897: Oahu Sugar Co. is developed on the Honouliuli land, harvesting its first crop in 1899. 1900: Campbell dies after a lengthy illness, leaving an estate valued then at more than $3 million. His will sets up a trust for his widow, four surviving daughters and their heirs. The will stipulates that the trust is to terminate 20 years following the death of his last surviving daughter. 1987: Beatrice Campbell Wrigley, the last surviving daughter, dies. 1990: The estate begins developing Kapolei. 2003: The court approves a plan to create a new company that will continue the estate's business once the estate terminates. 2004: The estate secures $645 million in financing to continue business beyond 2007. 2004: James Campbell Co. LLC, the for-profit private company that will take over the estate's assets and liabilities, is formed. Jan. 20, 2007: The trust will terminate.
1860: Campbell, Henry Turton and James Dunbar establish the Pioneer Mill Co., which became the basis of Campbell's fortune.
James Campbell