Wheelbarrow full of gold marked origin of Bankoh

By Bob Sigall

POSTED: 01:30 a.m. HST, Mar 16, 2012

~~<p>Bank of Hawaii could be the largest company in Hawaii founded by a competitor's disgruntled customers.</p>
<p>The Bank of Bishop & Co., predecessor of First Hawaiian Bank, denied sugar producer Castle & Cooke a loan and bounced a $40 check of theirs in 1889, says former CEO Henry Clark. On Dec. 17, 1897, with their company's financial situation improved, Charles M. Cooke, his five sons, Peter Cushman Jones, Joseph Ballard Atherton and several others showed up at Bishop & Co. with a wheelbarrow and withdrew all of their funds in gold.</p>
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Bank of Hawaii could be the largest company in Hawaii founded by a competitor's disgruntled customers.

The Bank of Bishop & Co., predecessor of First Hawaiian Bank, denied sugar producer Castle & Cooke a loan and bounced a $40 check of theirs in 1889, says former CEO Henry Clark. On Dec. 17, 1897, with their company's financial situation improved, Charles M. Cooke, his five sons, Peter Cushman Jones, Joseph Ballard Atherton and several others showed up at Bishop & Co. with a wheelbarrow and withdrew all of their funds in gold. Login for more...