32 



HARDWOOD RECORD 



to 14 foct from Keokuk, Iowa, to New Orleans. 

 At a meeting of capitalists held at NashTllle 

 some days ago It was decided to make applica- 

 tion for n charter for the Tennessee Western 

 Railroad, with a capital stock of ?.'{,000,000. It 

 was further planned to put engineers In the 

 field at onoe. The road Is to connect with the 

 Nashville & Huntsvlllo at some point In Giles 

 county, nod then run through Giles, Lawrence, 

 Harding, McNalry and Hardeman counties to a 

 connection with the Illinois Central at Bolivar, 

 Tenn. 



R. A. Iloguc' & Co., mill and lumher concern, 

 recently (lied a voluntary petition In bankruptcy. 

 The Ilahllltlcs aggregate $18,697.15. The re- 

 sources amount to |7,000. The members of the 

 flrm Individually own some property, and it Is 

 probable that this will bring the assets prac- 

 tically up to the liabilities. L. Simpson, L. B. 

 Kdwards and R. A. Iloguc were the principal 

 stockholders. 



The Lumbermen's Club of Memphis held its 

 second bimonthly meeting at the Hotel Gayoso 

 Saturday afternoon. A committee was appointed 

 to draw up resolutions on the recent death of 

 C. W. Stover, who was a ineinber of the club, 

 and who had been prominently idcntifled with 

 the Inmber business of this city and section for 

 a number of years. He was at one time con- 

 nected with the Guiri-Stover Lumber Company 

 before that concern was absorbed by the Lamb- 

 Kish Lumber Compauy, and at the time of his 

 death was president of the Stover Lumber Com- 

 pany. George C. Ehemann, chairman of the 

 baseball committee, made a report at this meet- 

 ing covering the receipts taken in by himself 

 and associates. This report has been turned 

 over to \V. n. Greble, chairman of the general 

 Bnance committee, and the latter will make a 

 complete report at the next meeting showing 

 receipts and disbursements in toto. 



Harvey McCollom, secretary-treasurer of the 

 Southern Land Company at Newport, Ark., has 

 sold to the Wisark Lumber Company of Edger- 

 ton. Wis., 11.270 acres of timber lands in Mon- 

 roe and Prairie counties for a consideration of 

 •■Slol-'.H."!. This land was formerly owned by the 

 Stevens Lumber Comjiany of Dyersburg, Tenn., 

 and the price at which it was sold this time rep- 

 resents a very large advance over the previous 

 transfer figures. 



The Lamb-Fish Lumber Company will. It is 

 expected, complete its new plant at Charleston, 

 Miss., by .lanuary 1. The railroad built by the 

 Yazoo *: Mississippi Valley Railroad Compauy to 

 Charleston has been completed and the logging 

 roads of the company arc also in readiness for 

 operation. The structure for the mill was com- 

 pleted some time ago, but It has been impossible 

 heretofore to get the heavier machinery and 

 equipment placed therein. With the improved 

 facilities for haudling heavy traffic it is ex- 

 pected that this work will go forward rapidly 

 and that this plant will soon be in readiness for 

 work. 



The Union Lumber & Manufacturing Company 

 has received Its charter from Nashville and has 

 completed organization by the election of W. J. 

 Gambreiil as president and general manager and 

 George R. Christie, assistant general manager, 

 secretary and treasurer. The capital stock of 

 the compauy is $L'0,000. It Is backed by the 

 Carpenters' Union of Memphis and all the stock 

 • is held by union men. The company proposes to 

 establish mills and to carry a general stock of 

 shiuglcs, flooring, celling, siding and other fin- 

 ishing material. It claims that It will sell to 

 contractors employing union labor at a lower 

 price than other companies and that its opera- 

 tions will therefore prove of benefit to the con- 

 sumer of lumber. The company has not yet 

 secured Its site, but It has several under con- 

 sideration. 



W. B. liynum and Guy B. .\lexander have 

 brought suit against the Bayou Macon Land 

 Company, W. J. Abston and Wesley Haliburton, 

 seeking a decree for ifl.OOO, the amount of a 



forfeit for nonfulfillment of an alleged contract, 

 and for annulment of the contract Itself. The 

 plaintiffs aver that on May 21, 1007, they en- 

 tered Into a contract with the defendants to buy 

 a large tract of timber land In Louisiana, but 

 that, on looking over the property, they have 

 ascertained that the land company has no valid 

 title to It and that, further, the timber land Is 

 not as represented, being largely swampy and 

 barren of timber. The plaintiffs further seek to 

 make the Individual defendants liable for the 

 sum sued for, $1,000, together with Interest at 

 the usual rate from the date the money was 

 posted as a forfeit. 



W. H. Grel)!e and W. A. Gilchrist of the Three 

 States Lumber Company have returned from a 

 trip to Arkansas, where they have been looking 

 after some of the interests of the company. 



.Tohn W. McClurc, secretary-treasurer of the 

 Hollgrade Lumber Company, which recently com- 

 plolcd and began o|ieration of Its large new 

 band mill at Belzoui. Miss., has returned from 

 the latter point. 



Shipments of lumber from interior points to 

 Memphis are on a very limited scale because of 

 the shortage of cars. The movement out of 

 Memphis Is much more prompt than that from 

 all interior points, local shippers being rfiore 

 fully supplied with cars. They are having difil- 

 culty In securing all they need themselves and 

 it is therefore not difficult to Imagine the posi- 

 tion of shippers at smaller interior points and 

 particularly at those where there Is absence of 

 competition. It is fortunate for receivers of 

 lumber here that they are not buying largely 

 now, as it would be impossible to get shipments 

 through from milling points on anything like av- 

 erage time. The large movement of cotton Is 

 responsible in considerable measure tor this con- 

 dition and, as this movement will continue large 

 for some weeks, it is unreasonable to look for 

 material Improvement. 



New Orleans. 



Export lumber is beginning to move through 

 New Orleans as a result of the termination of 

 the river-front strike which tied up operations 

 along the city's line of wharves for three weeks 

 or longer. However, the lumber export business 

 Is not entirely satisfactory and there are no 

 indications that might be construed as fore- 

 casting an early change for the better. Dealers 

 have had the usual trouble In getting things 

 Into shape after the long period of idleness and 

 the tie-up has cost them a good deal in the way 

 of car service, etc. For that reason they are 

 particularly Interested in the effort being made 

 by the New Orleans Board of Trade to have 

 the Southern Car Service Association waive 

 claims for demurrage on cars that were tied up 

 Iiy the labor troubles. The luml)ermen declare 

 that they were not to blame for holding cars 

 and ought not to be forced to pay demurrage. 

 Manager Secly Dunn of the Southern Car Serv- 

 ice Association has stated that that organization 

 can authorize no refund of the money paid for 

 demurrage, as that would be In conflict with a 

 recent decision of the Interstate Commerce Com- 

 mission. For that reason it is believed the 

 Board of Trade. In which the lumbermen are 

 interested, will appeal the subject to the Inter- 

 state Commerce Commission. 



Local lumber circles were somewhat surprised 

 recently by the announcement from Gulfport. 

 Miss., that a number of small creditors of the 

 Camp & Hinton Lumher Company, exporters of 

 Lumberton. Miss., had filed a suit to force that 

 concern Into involuntary bankruptcy. In view 

 of the financial conditions this suit caused some- 

 thing of a sensation among the friends of the 

 big concern. An Investigation developed, how- 

 ever, that the plaintiffs hold claims that do not 

 exceed in the aggregate $2,000. J. H. Hinton. 

 president of the company, w-ho lives here, issued 

 a statement to the effect that his company is 

 absolutely solvent and worth from $800,000 to 

 •SI. 000,000 above its liabilities. Because of the 



existing financial conditions the company 1b 

 tempoiarily In need of ready money. It is un- 

 derstood that St. Louis and Chicago friends of 

 Mr. Hluton's company will advance him $100,000 

 to tide over the present difficulties. The Blloxl 

 suit will be fought and friends of the company 

 declare that the big concern will have no diffi- 

 culty in defeating the application for a receiver. 



A good deal of Interest was manifested in 

 the recent trial of W. A. Powell, head of the 

 W. A. Powell Lumber Company, who was charged 

 by two local banks with having embezzled va- 

 rious sums of money aggregating something like 

 $20,000. Two charges were preferred against 

 Mr. Powell and In the Criminal District Court 

 he was exonerated on both. The charges were 

 based on losses sustained by him in the recent 

 failure of the big firm of which he was the 

 head. Because of Mr. Powell being so widely 

 known hero the case attracted more than the 

 usual attention. 



It is stated from Baton Rouge, La., that the 

 I>'Heur & Swain Lumber Company of Seymour, 

 Ind., contemplates the erection of a big mill at 

 the state capital. 



It is reported from Eunice, La., that the 

 Newell Lumber Company, Ltd., which now owns 

 about $95,000 worth of timber land near Eunice, 

 has purchased an additional tract for $10,653 

 and will Immediately establish a sawmill to de- 

 velop its lands. 



The Gulfport Furniture Company has been 

 organized at Gulfport, Miss., with an authorized 

 capital of $25,000. J. S. Richardson, R. L. 

 Glass, Nettle W. Glass, Waldemar -Alston and 

 others are the incorporators. 



Charlotte, N. C. 

 Burton Craige. Jr., of Salisbury, N. C, .has 

 been appointed as special master in the case of 

 the Broad Kiver Lumber Company against James 

 R. Middleby, Jr., from McDowell county. North 

 Carolina. This Is a controversy Involving over 

 a million feet of lumber. Some eighteen months 

 ago the Broad River Lumber Company bought 

 100,000 acres of land for $150,000, to be paid 

 in six installments of .$25,000 semi-annually. 

 The defendant Middleby guaranteed that the 

 lands contained 100,000,000 feet of timber. The 

 basis of the suit is that the stand is about 

 ■10,000.000 feet short, the plaintiff claiming a 

 reduction in the price to that extent. Tlie task 

 of Si)cclal Master Craige Is to take evidence as 

 to the amount of timber on the land at the 

 time of the purchase and report to the court his 

 findings. It will probably require a month or 

 more to hear the evidence. 



The Windley Crosstle Company of Wilming- 

 ton, N. C, has been chartered, with a capital 

 of $150,000 authorized and the privilege of be- 

 ginning business on $100,000. The Incorporators 

 are : F. M. Simmons, C. D. Bradham, J. D. Far- 

 rier and L. I. Moore. 



The House Lumber Company of Randleman, 

 N. C, has been chartered to buy and sell all 

 kinds of lumber, manufacture building material, 

 etc. Authorized capital is $10,000, with $:!.00o 

 subscribed. Incorporators arc J. L. Fields and 

 others. 



The Marshvillc Hardwood Company is the 

 name of a new industry to he established at 

 Marshville, N. C, In the near future. Dr. M. P. 

 Blair will be one of the leading stockholders. 

 Another woodworking plant is likely to be estab- 

 lished at Marshville, also, soon. 



Contractors are roofing in the large brick 

 factory of the Santord Buggy Company at San- 

 ford, N. C. The company expects to be turning 

 out buggies by the first of the year. 



The Iredell Lumber Company of StatesvIIle, 

 N. C, which will manufacture mantels, mould- 

 ing, doors, etc., expects to begin operations soon. 

 .\11 the buildings of the plant have been com- 

 pleted and most of the machinery has been 

 placed. The main building is 65x90 feet. 



The Denton Lumber Company of Asheboro, 

 N. ('., has just been chartered, to manufacture 



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