36 



HARDWOOD RECORD 



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With the Trade 



New York Mutual Casualty Company Formed 



The Lumber Mutual Casualty Insurance Company has been formed in 

 New York by men prominent In the lumber business. The new compensa- 

 tion law makes It compulsory for business men to carry insurance 

 of this kind and it is the purpose of the Lumber Casualty Company to 

 specialize in compensation insurance for the lumber trade. 



The final organization was effected at a meeting held in the office of 

 E. V. Perry, New York, on March 1-i. At this meeting M. E. Preisch of 

 the naines Lumber Company, North Tonawanda, was elected president to 

 serve until the annual meeting in April. The other officers elected are : 



Vici ruEsiDENTs — E. F. Perry and Horace C. Mills. 



Sic i;i lAHV — Louis II. Parker. 



Assistant SECKET.vnv — K. C. Evarts. 



'ri:i:AsriiEit — Charles F. Fischer. 



ACTt'AUY— II. F. Still. 



Counsel — D. Theodore Kcllv of Conway, Williams & Kelly. 



Executive Committee — Martin J. E. Hoban, Kufus L. Sisson, R. R. 

 Griswold, A. R. Carr, Frederick Cleveland, with president and general 

 manager eii officio members. , i, , , 



The company means to write compensation insurance for the lumber 

 trade at rates that will be no higher than those of the stock companies, 

 while careful management in the selection of risks with an eye single to 

 "safety first" will mean a saving in the shape of annual dividends to 

 policy holders. 



Passing of Frederick Weyerhaeuser 



In the death of Frederick Weyerhaeuser, of St. Paul, Minn., the lumber 

 trade lost a man who has done more for its development probably than 

 any one individual in its history. In the life of this man can be traced 

 the real history of the lumber business, as he started in the lowest 

 capacity and eventually at the age of seventy-nine had attained riches 

 which vied with it not exceeded those of John D. Rockefeller. Mr. 

 Weyerhaeuser succumbed to a sudden attack of pneumonia at Pasadena, 

 Cal., on April 4. The body was placed aboard a train later and sent to 

 Rock Island, 111., his old home, for interment. 



Mr. Weyerhaeuser bad caught a severe cold which developed alarming 

 symptoms, but after his children were sent for he seemed to be on the 

 road to recovery. However, a relapse occurred which took him oft' rather 

 suddenly after his sons, John, Frederick, Rudolph and Charles, and 

 daughters, Mrs. Margaret Jewett, Mrs. W. B. Hill and Mrs. S. S. Davis, 

 had reached his bedside. 



Mr. Weyerhaeuser came to this country from Neidersaulheim, Germany, 

 where he was horn November 21, 1834. His immigration occurred at the 

 time he was eighteen years of age and after his father had died. 



His family migrated to Erie County, Pennsylvania, and his first em- 

 ployment was with a brewery. This work did not last long, however, 

 and he next became a farmer, earning $13 a month. 



His family eventually moved to Coal Valley, Rock Island County, 111., 

 in 1856, where Mr. Weyerhaeuser's first sawmilling experience began. 

 He accepted the job as night fireman in the sawmill of Mead, Smith & 

 March. Eventually by dint of close application, thrift and economy he, 

 with his brother-in-law, obtained control of a small sawmill in Rock 

 Island during the early sixties, he having been married previously in 



1S57 to Elizabeth Bloedel, who had come from bis homo town. Mrs. 

 Weyerhaeuser died two years ago. 



The thrift and economy which Mr. Weyerhaeuser had exercised in the 

 beginning continued and with it his financial strengtii rontinucd to grow. 

 He concentrated bis efforts on the salvage of logs, thousands of which 

 were allowed by other concerns to escape in the drives to mills. Along 

 the same lines he eventually thought out the plan of forming the Missis- 

 sippi River Boom & Logging Company in order to cut out the profits of 

 cutters, drivers, steamboat men and others before the logs reached the 

 mills. This organization, which was a combination of the biggest men 

 in the lumber business in the Middle ^West, was eventually cohsummated 

 at the Briggs House in Chicago in 1S70, Mr. Weyerhaeuser eventually 

 becoming president, which position he held for forty years. 



His accumulation of timber, from which he has made his greatest 

 wealth rather than from actual sawmill operations, continued steadily 

 and eventually in 1S94 he gained the co-opeartion of Edward Hines, also 

 an exceedingly successful lumberman of Chicago, which resulted in future 

 important developments. His first large holdings were in the white pine 

 lands of Michigan, Wisconsin and Minnesota, but in later years h& 

 entered the Pacific coast field and also gained vast interests in southern 

 pine operations. In fact, so tremendous were his dealings that organ- 

 izations of from $12,000,000 to .fl5,000,000 were considered as compara- 

 tively small. 



Mr. Weyerhaeuser's wealth was estimated at from $1,000,000,000 to 

 .$1,500,000,000, and it will be difficult to arrive at an actual estimate till 

 such time as a careful appraisal has been made. 



His four sons continue in business which their father founded and all 

 have gained their knowledge by passing through a training school of 

 experience. 



Mr. Weyerhaeuser lived unpretentiously in a comfortable mansion in 

 St. Paul and never made any special pretenses. He will be mourned by 

 his many friends in and out of the lumber business who recognized io 

 his quiet, simple but blameless life a sterling character. 



Old Dominion Veneer Company 



Hakdwood Record is advised that the Old Dominion Veneer Company, 

 of North Emporia, Va., is fully organized with $70,000 capital stock. 

 The olHcers are : W. S. Goodyn, president ; Harry Schwartz, secretary 

 and treasurer, and Burdis Anderson, vice-president and general manager. 



Messrs, Goodwyn and Schwartz are the leading citizens and capitalists 

 of North Emperia and vicinity, and are at the head of the largest bank 

 and of the hydro-electric plant, large box factories and other interests. 



The vice-president and general manager, Burdis Ander.son, has too long^ 

 been identified with the veneer business to need any further introduction. 



Tlie new concern has acquired all the property and rights of the 

 Schwartz & Willard Company, which had operated a two-machine rotar.v 

 mill at North Emporia for two years. The mill has been completely 

 remodeled, doubling the log boiling and veneer cutting facilities and has 

 installed electric power with individual motor drives throughout. This 

 will greatly increase the capacity and efliciency of the mill. 



The company owns upwards of 25,000.000 feet of timber, largely suit- 

 able for veneers, and will buy both standing timber and logs. 



The plant is further fitted with a large Philadelphia textile dryer, an 

 electric hoist and derrick in the yard, and every modern appliance, so 

 that it stands as one of the best equipped mills in that part of the 

 country, and is as well prepared as any to produce rotary cut veneers 

 promptly and economically. 



LOUIS H. PARKER, NEW YORK CITY, SEC- 

 RETARY OF THE LUMBER MUTUAL 

 CASUALTY INSURANCE COMPANY 



FREDERICK WEYERHAEUSER, ST. PAUL, 



MINN., BORN NOVEMBER 21, 1834 — 



DIED APRIL 4, 1914 



BURDIS ANDERSON, VICE-PRESIDENT ANI> 

 GENERAL MANAGER OLD DOMINION 

 VENEER COMPANY, NORTH 

 EMPORIA, VA. 



