44 



HARDWOOD RECORD 



June 25. 1922 



Band Mill 



Manufacturers of Oak and Poplar 



Our band mills are located in the heart of 

 one of the most famous oak and poplar 

 sections in the world. Soil conditions 

 and topography of this region are ideal 

 for the production of the finest possible 

 texture in soft, even colored, mellow, 

 and highly figured oak, and of the most 

 desirable variety of soft yellow moun- 

 tain poplar. 



Our 15,000,000 feet annual production 

 running 75% to White Oak presents a 

 genuine opportunity to discriminating 

 buyers to establish a dependable source 

 of desirable stocks. 



We Also Solicit Inquiries for Bill Oak 



Address 



Bond-Foley Lumber Company 



BOND, KENTUCKY 



Clubs and Associations 



Michigan Hardwood Producers Meet 

 Publicity, trnfiic anil otiier matters were briefly and informally consid- 

 ered by the Michigan Hardwood Manufacturers' Association at a meeting 

 held in Chicago on .lune 22 at the Congress Hotel, Just before the opening 

 of the convention of the National Hardwood Manufacturers' Association. 

 W. L. Saunders presented a report on the recent lumber standardization 

 conference in Washington, D. C, and the members devoted some discus- 

 sion to this. W. M. Wrape. chairman of the maple advertising committee, 

 reported progress in the maple advertising campaign, and its general 

 approval by the members. The discussion resulted in the examination 

 of the question of extending the advertising to beech, and this will be 

 considered at the annual meeting. 



F. 0. Barden, president, who presided, extended an invitation to the 

 members to attend a loggers' meeting to be held in Boyne City, Mich., 

 June 27. 



J. S. Knox, secretary, was authorized to take action to intervene in 

 the case taken to the Interstate Commerce Commission by the Indiana 

 Public Utilities Commission, which is seeking uniform log rates through- 

 out the Central Freight Association territory. 



South Bend Club Enjoys Holiday in Michigan 



The members of the South Bend Hardwood Club motored to Diamond 

 Lake for their first summer outing Thursday evening. June 15. 



The trip was delightful, the weather ideal, the spot selected one of the 

 most beautiful in southern Michigan and everyone had a great time. 



Two trips of the launch were required to land the entire party on "The 

 Island," and after collars and coats had been discarded two ball games 

 were organized and a spirited contest of nine innings, resulting in a three 

 to three score, but was awarded by Umpire Schmuhl to the "Culls" because 

 of superior showing. 



Some real major league timber developed among the players. Chas. O. 

 Maus showed real Babe Ruth ability, making the only home run, which, 

 however, did not count in the score because made on a foul ball. Chas. 

 Schadt demonstrated his ability in handling high bails by throwing his 

 bat at one and connecting with it for a two-bagger. 



After the ball game progressive horseshoes and bathing was in order 



until about 5 :30, when a fish and fried chicken dinner was served on the 

 screened porch of the hotel overlooking the lake. 



Hardwood Men Head New Orleans Club Tickets 



With the annual election practically at hand, politics is beginning to 

 bubble and boil at the New Orleans Lumbermen's Club, and present indica- 

 tions are that the hardwood phase of the industry will be well represented 

 in the running. Two nominating committees were appointed by President 

 Phil Lanier, and they have submitted two entire tickets, so that there is 

 to be a real race. Whatever the outcome of the election, the hardwood 

 branch of the business is bound to furnish the next president of the New 

 Orleans Lumbermen's Club, for Clarence H. Sherrill, president of the Sher- 

 rill Hardwood Lumber Company. New Orleans, Merryville, La., and Padu- 

 cah, Ky.. has been selected to head both the "Sap-Stained" and the "No. 4 

 Common" ticket as president. Other prominent hardwood lumbermen 

 active in the Southwestern Hardwood Manufacturers' Club who also will 

 feature in the forthcoming election are : A. N. Smith, Bomer-Blanks Lum- 

 ber Company. Blanks, La., named as a non-resident director on the No. 4 

 Common ticket ; C. J. Coppock, Cybur Lumber Company, Cybur, Miss., 

 named for a similar position, and L. P. DuBose, Dudley-Dubose Lumber 

 Company, New Orleans, who was honored with the nomination for the 

 resident directory on the same ticket. 



Cincinnati Club Enjoys Outing 



A highly successful outing was given by the Cincinnati Lumbermen's 

 Club on June 9. The event took place at Colonel Tom Cody's farm at 

 Erlanger, Ky., and was participated in by 100 persons. Preceding the 

 dinner was a series of sporting events. The baseball game was the feature 

 of the afternoon. P. D. Bailey's Colts defeated Roy Thompson's Vets by 

 the score of 9 to 8. The feature of the game was the hitting of George 

 Bramlage of the First National Bank. Covington, Ky., and the fielding 

 of E. M. Bonner of the Atlas Lumber Company, who made three spectacular 

 running catches in left field. 



Cincinnati Club Plays a Day 



The Buffalo Lumlier Exchange never misses its regular summer outing, 

 and the year would not be complete without at least two of them. When 

 the members get out they form a nicely rounded-out community, and 

 seldom invite more than a half dozen outside the trade to share their 

 day's sport. The first outing of the season, given on June 13, was quite 

 as enjoyable as usual. Many of the members brought their wives anil 

 daughters, as well as their sons, so that the rather small membership list 

 was represented by 100 or more. Leaving automobiles at the foot of 

 .\niherst street, they embarked on the steamer "Seabreeze" for a run up 

 the lake, then turning about were at the Launch Club on Grand Island at 

 1 o'clock. 



The invitation had been given by Frank T. Sullivan, who is an officer 

 of the club, and who took upon himself most of the responsibility of mak- 

 ing things pass pleasantly. Two good meals were furnished in the pleasant 



(Continued from page 42) 

 in judgment and which can be corrected without loss to party complain- 

 ing.) 



ARTICLE XL 



r.\xrKi.L.VTi()XS 



Section 1. If the credit of a buyer becomes impaired subsequent to 



the acceptance of an order by the seller, and upon request of the seller, 



tlie Ipuyer fails to secure the payment for stuck undelivered on the order, 



the seller may cancel the order or any unfilled portion thereof. 



Sec. 2. If it becomes apparent that the seller cannot make delivery 

 of stock covered by an order, or if delivery of the stock on the order, or 

 any portion thereof, is unreasonably delayed, the buyer may cancel the 

 order or any unfilled portion thereof. 



(Note : The fact that the seller has oversold his stock, or the fact that 

 the buyer has overpurchased his requirements, is in neither case a justi- 

 fiable reason for arbitrary cancellation. Neither does the conditon of 

 the market bear any relaton to the inviolability of a contract of sale and 

 purchase. If the market goes down, the buyer is obliged to receive the 

 stock purchased by him. If the market goes up. the seller is obliged to 

 deliver and receive payment for the stock sold by him. Cancellation of 

 an order by either party for any of these reasons is wholly without war- 

 rant, and is in absolute opposition to the letter and spirit of this code, 

 which is based upon the principles of good faith and square dealing.) 

 ARTICLE XII. 



AUBITR.\TIOX 



Section 1. In order to adjust disputes arising between seller and bu.yer, 

 in the application of the principles of this code, the following method for 

 the arbitration of such controveries is applied : 



Sec. 3 In all cases where arbitration is requested, the Secretary of 

 llie NiiH-nal Hardwood Lumber Association shall act as one of the arbitra- 

 li>rs. The other arbitrator shall be the secretary of another lumber or 

 lumber consuming organization, of which one party to the dispute is a 

 member. If these two arbitrators shall disagree, they shall select a third 

 arbitrator and a majority decision of these arbifralors shall be binding 

 upon t^» parties to the dispute. 



