33              
HOUSE OF REPRESENTATIVES             H.R. NO.              
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
________________________________________________________________
________________________________________________________________


                     HOUSE  RESOLUTION

HONORING 1999 JUNIOR ACHIEVEMENT OF HAWAII BUSINESS HALL OF FAME
   INDUCTEES.
 


 1   
 2       WHEREAS, the Hawaii Business Hall of Fame was established
 3   in 1990 by Junior Achievement of Hawaii and several other
 4   Hawaii business organizations to honor the states business
 5   leaders who, through their entrepreneurial and civic
 6   activities, have made enduring contributions to the community
 7   and who serve as inspirations for Hawaiis youth; and
 8   
 9       WHEREAS, LILY K. YAO began her career in banking as a
10   teller with Pioneer Federal Savings Bank in 1968, rising to the
11   position of President and Chief Executive Officer after 16
12   years of service, and successfully led it through the most
13   challenging decade of the industrys history, later becoming, in
14   1997, the first woman to hold the position of Vice Chairman of
15   First Hawaiian Bank; and
16   
17       WHEREAS, over twenty-five years ago, DR. EDISON H. MIYAWAKI
18   anticipated the need for quality long-term health care for an
19   increasingly elderly population, and founded Family Health,
20   Inc., and its two chronic care facilities for that purpose,
21   later entering the banking, chocolate, and professional sports
22   industries, and eventually becoming a major educational and
23   medical philanthropist; and
24   
25       WHEREAS, SIDNEY S. KOSASA as a young boy worked in his
26   parents grocery store in Palolo Valley, later opening his own
27   drug store with his wife Minnie, and launching ABC Stores in
28   1965, building it into one of the states largest and most
29   successful chains of retail food, drug and gift stores,
30   including fifty-one stores in Hawaii, four in Guam, and one in
31   Saipan; and
32   
33       WHEREAS, Junior Achievement of Hawaii is recognizing LILY
34   K. YAO, DR. EDISON H. MIYAWAKI, and SIDNEY S. KOSASA for their
35   many accomplishments by selecting them as inductees to the
36   Hawaii Business Hall of Fame at an Induction Ceremony held on
37   February 17, 1999 at the Hilton Hawaiian Village Hotel; now,
38   therefore,
39   
40       BE IT RESOLVED by the House of Representatives of the
41   Twentieth Legislature of the State of Hawaii, Regular Session

 
Page 2                                   33                
                                  H.R. NO.              
                                                        
                                                        

 
 1   of 1999, that this body hereby commends LILY K. YAO, DR. EDISON
 2   H. MIYAWAKI, and SIDNEY S. KOSASA for their contributions and 
 3   service to the people of Hawaii, congratulates them upon being
 4   recognized as members of the Junior Achievement Hawaii Business
 5   Hall of Fame, and extends to them its warmest ALOHA and best
 6   wishes for continued success in all future endeavors.
 7   
 8       BE IT FURTHER RESOLVED that certified copies of this
 9   resolution be transmitted to LILY K. YAO, DR. EDISON H.
10   MIYAWAKI, and SIDNEY S. KOSASA. 
11   
12 
13 
14 
15                         OFFERED BY:  ____________________________