52 



HARDWOOD RECORD 



March 25. 1922 



Clark Takes Charge of Inter-Insurance Exchange 



Harry B. Clark, 

 well knowu expert on 

 iuter-insurance and its 

 application to the 

 lumber iuilustry, has, 

 effective March 20, 

 been appointed attor- 

 ney and manager of 

 the National Lumber 

 Manufacturers' Inter- 

 Insurance Exchange, 

 according to an an- 

 nouncement issued 

 this week from the 

 Chicago headquarters, 

 located in the Lumber 

 Exchange bull ding. 

 His appointment to 

 this position opens a 

 new chapter in the 

 constructive history of 

 the Exchange, and 

 will at the earliest 

 possible opportunity 

 he followed by the in- 

 auguration of a pro- 

 gram of intensified 

 service to the organi- 

 zation's subscribers. 

 Mr. Clark succeeds 

 Charles F. Siraouson, 

 who recently resigned 

 Manufacturers' Inter-Iusurance 



Harry B. Clark 



as the head of the .National Lumber 

 Exchange. 



The new nmnager is a nuin f)f long and <liversified experience in the 

 inter-insurance field, having specialized in it for more than twenty years. 

 His first connection with this branch of insurance was formed in 1899, 

 when he became associated with Harry Rankin & Co. of Kansas City, Mo., 

 which concern about this time originalid the inter-insurance idea in con- 

 nection with the lumber industry. When this concern later was succeeded 

 by Rankin-Beneilict & Co., also of Kansas City, Mr. Clark became a mem- 

 ber of the new organization, and for ten years was the manager of its 

 West Coast office, at I'ortland, Ore. During these years Mr. Clark covered 

 the entire Pacific Coast territory, from Hritisli Columbia to and including 

 California. Among liis many activities coincident with this work he 

 engineered the passage of most of the inter-insurance legislation on the 

 Pacific Coast during the i)erlo(l mentioned. His energy and capacity 

 gained for him an enviable reputation and many firm friends among the 

 lumber mantifacturers throughout the West. 



Immediately upon taking active charge of the activities of the National 

 Lumber Manufacturers' Inter Insurance Exchange, Mr. (;;iark announced 

 the inauguration with the least [lossiblo delay of a comprehensive and 

 aggressive policy of business conduct, based on promptest and most efficient 

 8er\'ice obtainable to subscribers. Already an organization featured by 

 high efficiency an^l progresslveness, this new policy, more energetic than 

 any previcmsly put into effect, can not fall to win for the National Lumber 

 Manufacttirers' Inter-Insurance Exchange an even fuller measure of con- 

 fidence and respect than it has heretofore commanded. .\moug other 

 things, Mr. Clark contemplates enlarging the exchange's field force and 

 extending the inspection service, an^l in other ways increasing the value 

 of tile organization's services to its subscribers. A larger field force would 

 mean that the Exchange would be able to keep in closer and more frequent 

 contact with the subscribers — the need for which has for some time been 

 keenly felt. Mr. Clark in this connection points out that the expenses 

 of the Exchange now being fixed, the cost of its insurance will henceforth 

 decrease as the volume of business it transacts increases. 



The National Lumber Manufacturers' Inter-lusurance Exchange has 

 rendered conspicuous service to the lund)er manufacturers throughout the 

 country during the seven years of its existence. It was organized in 191."i 

 under the auspices of the National Lumber Manufacturers' Association, 

 and in a large measure owes its really renuirkable growth during its com- 

 paratively short term of functioning to the continued forceful support 

 which it has received from this association. A number of the directors of 

 the National association are members of the advisory board of the Inter- 

 Insurance Exchange, consequently there is and will at all times he a close 

 and harmonious working connection between these two bodies. The 

 National I/Umber Manufacturers' Inter-Insurance Exchange is owned 

 entirely by the subscribers to its services, and the exchange is operated 

 for their benefit solely. 



Under the guidance of so thoroughly seasoned and able a man as Mr. 

 Clark, the continued growth of the Exchange and improvement of its 

 service facilities is assured. The Exchange caters to sawmill operators 

 throughout the United States, and is at all times ready to place its unex- 

 celled facilities at the disposal of those connected with the industry in any 

 way interested in inter-insurance. 



Hardwood News Notes 



MISCELLANEOUS 



The Jasper Chair Company has incorporated at Jasper, Ind., with a 

 capitalization of $200,000. 



At Hagerstown, Md., the Potomac Furniture Company has been suc- 

 ceeded by the Commercial Furniture Company. 



The J. W. Hale Lumber Company, Indianapolis, has discontinued busi- 

 ness. 



A. H. Obletz, Anna Maisel and Henry Maisel have incorporated under 

 the name of the Buffalo Table Works, Buffalo, N. Y., the capital stock be- 

 ing $25,000. 



The business heretofore operated under the style of the Columbia 

 Buggy Company at Detroit, Mich., is now the Columbia Body Corporation. 



Recent incorporations are : The Perfection Oak Flooring Company, 

 Inc., Shreveport, La. ; the Stephens Show Case Company, Indianapolis, 

 Ind. ; the Warren Handle Works Company, Cortland, O. ; the Tunnel Lum- 

 ber Company, Tunnel Springs, Ala. ; the Patterson-Keel Export Company, 

 Gulfport, Miss. ; the Queen City Sash & Door Company, Cincinnati, O. ; 

 the Dayton Safety Ladder Company, Dayton, O. 



T. S. Heggen has been appointed receiver for the Wistrom Casket Manu- 

 facturing Company, Des Moines, Iowa. 



The G. L. K. Chair Corporation has taken over the Globe Dining Chair 

 Company, New York, N. Y., and incorporated. 



H. A. Sexton, R. E. Glidewell, T. C. Waltermire and H. B. Smith are the 

 incorporators of the Sexton-Waltermire Manufacturing Company, Indian- 

 apolis. Ind., and will manufacture furniture ; capital, $10,000. 



At Nashville. Tenn., the firm of Lamb & Co. has commenced the manu- 

 facture of furniture. 



CHICAGO 



The Hippie Chicago Chair Company at 1414 South Wabash avenue, has 

 recently been incorporate<l by Walter H. Eckert and George W. Fraley. 



The American Parlor Furniture Company has dissolved. 



The capital stock of the People's Furniture Company, 4201 Archer 

 avenue, has been increased from $30,000 to $100,000. 



C. A. Bigelow of Bay Cit.v, Mich., head of the Bigelow-Coopcr Company 

 and Kneeland-Blgelow companies, was In Chicago during the week beginning 

 March 20 to meet H. B. Clark of Portland, Ore., who has Just been 

 appointed attorney-in-fact and manager of the National Lumber Manu- 

 facturers' Inter-Insurance Exchange. Mr. Bigelow is chairman of the 

 Advisory Board of this organization. 



F. B. Robertson of the Ferguson & Palmer Company of Memphis spent 

 several days In the city during the week ending March 19. Mr. Robertson 

 also visited Grand Rapids while in the North. 



W. A. Ransom, president of the Gayoso Lumber Company, Memphis, was 

 in Chicago March 18 to 19. 



R. L. Hutchinson of the Hutchinson Lumber Company, Huntington, 

 W. 'Va., visited his branch office In Chicago the early part of this week. 



W. J. Loewecke, general manager, and B. R. Hartqulst, secretary of the 

 llatten Lumber Company, New London, Wis., were in Chicago calling on 

 the trade early this week. 



William Bonifas ot Escanaba, Mich., treasurer of the Vilas County 

 Lumber Company, Winegar, Wis., passed through Chicago during the week 

 ending March 18, accompanied by Mrs. Bonifas. They were en route to 

 their home from Miami, Fla., where they spent several weeks. W. S. 

 Winegar, president of the company, and Mrs. Winegar have been In Miami 

 for the last two months and expect to return to Winegar, via Chicago, 

 about April 1. 



W. N. Willis of the IloUy Ridge Lumber Company, Louisville, K.v., was 

 in Chicago during the week ending March 18. 



.\rthur Jarvis, vice-president of the Steven & Jarvis Lumber Company, 

 Eau Claire, Wis., visited the branch office of his concern in Chicago a few 

 days ago. 



Hal Levissee of the Scott & Howe Lumber Company, Ironwood, Mich., 

 was in Chicago calling on the trade about a week ago. 



BALTIMORE 



The Danzer Company ot Hagerstown, Md.. has purchased from A. S. 

 Craumer of Lebanon, Pa., a tract of land for a lumber yard. The price 

 paid was $6,000. 



Word has been received in Baltimore that William Wright of Wright, 

 Graham & Co. ot Glasgow, Scotland, sailed for the United Slates on the 



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