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J.P. Morgan buys Royal Hawn. sales

For December 1, 1928


POSTED: 01:30 a.m. HST, Dec 01, 2013

~~<p><em>Every Sunday, &ldquo;Back in the Day&rdquo; looks at an article that ran on this date in the Honolulu Star-Bulletin. The items are verbatim, so don&rsquo;t blame us today for yesteryear&rsquo;s bad grammar.</em></p>
<p>One of the largest and most important transactions on Honolulu&rsquo;s &ldquo;Automobile Row&rdquo; in many years was completed late Friday when J.P. Morgan, president of Graystone Corporation, purchased the principal assets of the Royal Hawaiian Sales Co., Ltd., territorial distributor of Durant, Star and Auburn automobiles. The transaction is reported to have involved close to half a million dollars.</p>
~~

Every Sunday, “Back in the Day” looks at an article that ran on this date in the Honolulu Star-Bulletin. The items are verbatim, so don’t blame us today for yesteryear’s bad grammar.

One of the largest and most important transactions on Honolulu’s “Automobile Row” in many years was completed late Friday when J.P. Morgan, president of Graystone Corporation, purchased the principal assets of the Royal Hawaiian Sales Co., Ltd., territorial distributor of Durant, Star and Auburn automobiles. The transaction is reported to have involved close to half a million dollars. Login for more...



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