42 



HARDWOOD RECORD 



The Davidson, Hicks & Greene Company Buys Timberlands 



It IS reported that the Davidson. Hicks & Crecue Company of Nash- 

 ville, Tenn.. has purchased 44,000 acres of mountain timberland extending 

 from near Cowan to the north Alabama line. It is reported at Cowan 

 that spur traclis will be extended through the propert.v and that an 

 Immense band sawmill employing 300 men will be established at that 

 point. The company has one small mill in operation some miles out 

 from Cowan and the larger development will begin with a rush as soon 

 as the winter season brealjs. 



Plans Operating Big Tract 



The Kentucky Lumber Company of Lexington, Ky.. is preparing to 

 operate a large tract of timber located about fifteen miles south of Wil- 

 liamsburg, near a small town known as Chaska, Tenn. This large tract 

 of timber lies in the Pine mountains, which adjoin the Cumberland 

 mountains near Lot. Ky. .\ side track is being constructed for the load- 

 ing of logs on the Louisville & Nashville railway near Chaska, and from 

 there tramroads will be constructed to extend into the heart of this 

 timber. The tract consists of about 2,000 acres. 



Will Represent the Erie Lumber Company 



The Erie Lunib.T Ciinpany nf Erl,., Pa.. announces that C. M. Pomeroy 

 has accepted the position as salesman and will represent it among dealers 

 In western New York. Mr. Pomeroy is qualified by long experience in 

 the lumber busim^ss .'ind accepts his new position with high recom- 

 mendatlons. 



To Represent the Steele & Hibbard Lumber Company 



The Steele & Hihbanl Lumber Company. St. IajuIs. Mo., mcIvIsimI ll.vui)- 

 WOOD Record under recent date that .lames .\, Pniun of Chicago will 

 hereafter represent that company In Chicago and contiguous territory, 

 and will call on hardwood lumber buyers in the states in the vicinity 

 of Chicago. Mr. Braun has had a long and varied experience in Chicago, 

 having for the past nine years been with W. O. King & Co.. and prior to 

 that time- he served in the St. Louis hardwood tradiv 



New Receiver Asked for Pooley Furniture Company 



A petition asking for a new receiver to take charge of the affairs of the 

 Pooley Furniture Company, Philadelphia, Pa., was presented to common 

 pleas court No. 1 by George De Armond, who is one of the creditors. 

 He asks that the new receiver he given the power to begin suit against 

 the creditors' committee, which managed the Pooley Furniture Com- 

 pany from January II), 1012, to February 7, 1914. ThI.s committee Is 

 composed of H. G. Michener, president of the Bank of North America. 

 Charles H. Thonip.son and Max Weinman. A charge of unfairness and 

 discrimination in the [laymcnt of claims by the creditors' committee is 

 made. It Is also alleged that large payments of principal and interest 

 were made to preferred creditors, in answer to the above petition Max 

 Weinman, receiver for the company, states that whatever action had been 

 taken by the creditors' committee In the past was not the obligation of 

 the commltti'e. but It was the company which was responsible. 



A New Nebraska Concern 

 ^ The W. F. lloppce Lumber Company has been incorporated at Lincoln. 

 Neb., with J.'iO.Oco capital stock to do a general lumber business. W. F. 

 Iloppee has been with th,. K. M. ridliall Lumber Company of Lincoln for 

 the last fourteen years and during the past six years has jjeen secretary 

 and treasurer of that compan.v. He sold his interest in that corporation 

 and has .tust formed the new company. 



Till' W. F. Hnppie Lumber Company has purchased the yards, good- 

 will and business of Aspegran & Tanner, formerly known as the Easley 

 & Graham Lumber Company's yards. The yards are located on the Rock 

 Island and occuiiy half a block of ground. They are equipped with up-to- 

 date sheds unilcr which the lumber of all grades is kept under cover. 



.Mr. Iloripee has been Intimately connected with thi' sales end of the 

 lumber business In prominent capacities and brings with him into his new- 

 work a wide experience. He says he is the oldest man in continuous 

 charge of sales in lumlx-r. 



The new company will maintain an uptown office located on Ih.' ground 

 floor of the Lincoln hotel building, 



Arthur Bailey & Co. Change Location 



Arthur lialley A; I'..., specialists In glue<l-up and une-pl,ce biirclw..o(l 

 dimension stock, formerly located at No. 1 Madl.son avenue, Ni'w Yiuk. 

 N. y.. have move<i to the Flat Iron building. 



When last seen Mr. Bailey stated that the concern had closed several 

 large contracts and expressed himself very optimistically regarding future 

 business. The company's piano case stock, key beds and table tops have 

 gained quite a wide reputation where this class of article is used. 



Lumber Rate Hearing Closed 



On February 2 at St. Louis an important rate 1 -ing came to 



a close, so far as testimony was concerned. It was conducted before Ex- 

 aminer Watklns of the Interstate Commerce Commission, and several ad- 

 journments had lieen made. The hearing was commenced at Birmingham, 

 Ahi.. and was resumed at Memphis. Tenn., and later at I.rfiulsvllle. Ky.' 

 and the final hearings were held at St. Louis 



The history of the case goes back to last .lugiist at which time carriers 

 operating in southeastern Mississippi territory announced tarllTs to take 



effect Oct. 1, proposing advances on forest products to all Ohio and Mis- 

 sissippi crossings, St. Louis and Memphis, and points intermediate to the 

 Ohio river crossings and St. Louis. Hardwood lumbermen put up vigorous 

 oppo.sition to the proposed advance in freights, and evidence was sub- 

 mitted at the several hearings, and a number of well-known lumbermen 

 were on the witness stand in opposition to the proposed advance. The 

 Interstate Commerce Commission suspended the tariff until all parties 

 could be heard. The interested parties have now presented their side, 

 and the ruling by the commission will follow in due time. It is the opin- 

 ion of many well-informed lumbermen that the establishment of the ad- 

 vances as proposed would work i;reat injury to the lumber trade in the 

 territory concerned. 



One Tree Brings $100 



The government has received .199.40 in settlement for a single sugar 

 pine tree which was cut in trespass in the Stanislaus national forest, 

 in California, and which yielded more than enough actual lumber to build 

 a good-sized suburban frame house. The tree scaled 18,933 board feet 

 and was valued at ?5.25 per thousand feet. 



Not many trees contain enougii lumber to build a two-foot board walk 

 nearly two miles long, and this is believed to be the first case on record 

 In w^iich a single tree felled in a national forest was valued at almost 

 $100 on the stump, although national forest timber is frequently sold 

 at considerably higher rates. 



Dr. Schenck Heard From 



Many of Dr, C. A. Scbeiick's old time friends in the lumber trade have 

 been uncertain since the outbreak of the war as to his whereabouts and 

 safety. Dr. Schenck was head of .Vinerica's first forest school at Biltmore. 

 The rumor was circulated a short time ago that he had fallen in battle 

 In France, but this seems to. have had no foundation, as the doctor has 

 been serving on the Russian frontier since volunteering his services. 



Being over the age limit Dr. Schenck volunteered his services at the 

 outbreak of the war. The offer was accepted and for several weeks he 

 was stationed near Mainz in cliarge of an engineering _corps engaged In 

 the ccnstructlon of forts. His post cards and letters were full of that 

 spirit which has always characterized his speech and written utterances. 

 .Vliout the middle of October he returned to Darmstadt but was asked 

 if he would go to the firing line, and shortly left for the Russian frontier 

 sending the following message to his .\merican friends : 



"I have lived my life and had a full share of it, more full than most 

 of us : the rest of it belongs by rights to my country." 



,V post card dated November 8 was received from liim In Russian 

 l^oland at which time he was In excellent health, had seen some warm 

 fighting but came through unharmed. A card from Mrs. Schenck De- 

 cember IS states that Dr. Schenck had at that time been In Poland 

 eight weeks and was well and in good spirits. Mrs. Schenck's eldest 

 lirother. .\lexander Bopp. was killed during the first ten days of the war. 

 1Iardw<iop RF.conn joins Mrs. Schenck's many friends in this country 

 in expression of deepest sympathy. No further word has been received 

 regarding the doctor's whereabouts, but it is the sincere desire of eve.ry- 

 one who knows him that he would return to Darmstadt unharmed and 

 in perfect health, anil will eventually make his long protiiised return trip 

 to .\merica. 



Lumber Crooks to Go to Prison 

 With the refusal of the United States supreme court to grant a 

 reliearing to the ofiicers of the International Lumber & Development 

 Coraiiany of Philadelphia, Pa., those gentlemen face the imminent certainty 

 of either forfeiting the heavy securities or spending a couple of years In 

 Jail. The decision was handed down on .lanuary 2.5 and ends a three 

 years' fight against one of the biggest frauds that has ever been carried 

 on in this country. The mandate will be forwarded to the United States 

 district attorney of Philadelphia by the supreme court and the attor- 

 neys for tlie convicted promoters will be notified to produce them. They 

 have thirty days under the law In which to do so, and if at the end of 

 this time the convicted men tall to surrender for imprisonment, their 

 ball will be forfeited and they will be arrested as fugitives from justice, 

 .lolin R. Markley, Iowa attorney and Chicago promoter and contractor, 

 and spoken of as king of .\merican confidence men, who has floated some- 

 twenty-two fraudulent concerns and unloaded $25,000,000 of worthless 

 securities on the public during his fifteen years' career, is sentenced to 

 serve one year and three months in the Eastern penitentiary and pay a 

 fine of .$10,000. 



Isaiah I). Miller, contracting partner of .Markley in the International 

 Lumber & Development Company fraud, was given a similar sentence. 



Charles M. McMahon, secretary and treasurer for half a dozen Mark- 

 ley-Miller crooked enterprises and in charge of the main office of the 

 concern at Philadelphia. Is sentenced to serve two years and pay a fine 

 of $2,000. 



William H. Armstrong. Jr., son of a former United States railroad 

 commissioner, who was the figurehead president of several of the Markley- 

 Mlller fraudulent enterprises, is sentenced to serve two years and pay a 

 fine of $2,000. His son posed as general manager and is under sen- 

 tence to serve two years in the Eastern penitentiary and pay a $2,000 

 fine. 



Colonel A. «. Stewart, former United States attorney-general for Porto 

 Rico, legal adviser, special commissioner and vice-president of Markley- 

 Mlller promotions, is sentenced to serve one year and one day and pay 

 a fine of $1,000. 



