Dillingham Corporation - Hawaiian Stock CertificateInv# AH1008 Bond
Various denominations Bond printed by American Bank Note Company. Available in $7,000 or $10,000 Green, $100 Blue or $1,000 Brown. Please specify color.
Dillingham Construction was an engineering and construction services company which was based in Hawaii then in Pleasanton, California. The company was founded in the 1880s to build a railroad across the swamps of Oahu, Hawaii. Dillingham later became a leading engineering and construction firm, building dams, airfields, high-rises, hotels and embassies around the world.
The company was forced into bankruptcy in 2003 as a result of mounting debt arising from multi million dollar unpaid change orders from a few public entity clients that refused to pay for the extra work. The company planned to reemerge from Chapter 11 in Florida under the name of one its smaller subsidiaries, Watkins Engineers and Constructors.
- One Embarcadero Center
- Grand Hyatt San Francisco
- 44 Montgomery
- 50 California Street
- BC Place
- US Embassy, Singapore
- US Embassy, Moscow
- Sakkara Air Base
- Izmir Motorway Project
- Hilton Hawaiian Village
- Ala Moana Shopping Center
- Los Angeles Emergency Operations Center
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.