HARDWOOD RECORD 



55 



ing ijoints o( Memphis may be made at a most 

 modi'i'ate cost and with greater facility than 

 ever before. 



Information has reached hero to tlie effect 

 that tile Nashville Lumber Company, a sub- 

 sidiary corporation, of the Jlemphis. I.)allas & 

 (iulf Itailroad Company, and the fJrayson- 

 McLeod Lumber Compan.v, Graysooia, Ark,, will 

 be mersed under the name of the Graysonia 

 Lumber Company. Reorganization is now under 

 way and the new company will have a capital 

 stock of ,|li.OOO.OOO, The Nashville Lumber 

 Company operates a large mill at Nashville and 

 the Orayson-McLeod Lumber Company has its 

 plant at Graysonia. Both plants will be 

 operated by the Graysonia Lumber Company 

 under the reorganization. W. W, Brown, of 

 Camden, is president : W. E. Grayson, of St, 

 Louis, is vice-president, and A. C. Kanisey is 

 general manager. 



A Vicksburg .syndicate has purchased through 

 lino of the real estate firms in Memphis SOO 

 acres of hardwood timber land in Lee county. 

 Arkansas, and the statement is made that steps 

 will be taken at an early date for the develop- 

 uienl: of these holdings. It is also reported that 

 these gentlemen are after additional timber laud 

 in that section and that the.v will operate on a 

 large scale when they securi; as much property 

 as they desire. 



Announcement is made that the Chicago. Bur- 

 lington & Quincy Kailroad has effected a trafiSc 

 agreement with the Louisville & Nashville and 

 the Nashville, Chattanooga & St. Louis Railway 

 whereliy it is to secure entrance into ^lemphis 

 and other cities on the lines of this system. A 

 bridge will bs built across the Ohio river at 

 Metropolis, III., and connection will be made 

 with the Nashville, Chattanooga & St. I^ouis 

 Railroad at or near I'adueah, Ky. The Chicago. 

 Burlington >- Quincy has heen after an outlet 

 at tidewater on the south for some time and 

 there are several plans under discussion to this 

 end. However, it may be stated that no defi- 

 nite deeision has iKien reached, 



Motfi'ft, Bowman & Rush, who recently came 

 to Memphis from Indiana, have about com- 

 pleted their hardwood band mill here and this 

 will be placed in operation early next week. It 

 was the intention of the company to have this 

 plant going some days ago. but there have been 

 the usual -elays in getting everytumg satisfac- 

 torily ii_j.isted. The plant will cut about 2.5,000 

 feet per day and will be operated steadily. The 

 firm has already secured a good supply of tim- 

 ber and anticipates no difficulty in connection 

 with raw material supply. It has bought no 

 timber lands out will purcha.se its needs in the 

 open market. All three members of the firm 

 were admitted to membership in the Luml>er- 

 men's ( lub of Memphis at the meeting held 

 May 2S. 



The Pine Bluff & Northern Railway Companv. 

 which is capitalized at .fl-.OOO.OOd and which 

 liropnses to liuild a line of railwa.v from Pine 

 Klulf to Searcy. Ark., has been granted a chai'- 

 ter under the laws of that state. The road will 

 run through Lonoke, ,Tefferson. Prairie and 

 White counties in a northeasterly direction from 

 Pine Bluff, At Searcy connection will be made 

 with the Missouri & North Arkansas. The line 

 will run via McCreanor and that portion of the 

 road between Pine Bluff and McCreanor is to 

 be completed by fall, when work will begin on 

 the northern end between McCreanor and Searcy, 

 W. ,1, Miller of Lamar, Mo., is president of the 

 company, while W. M. Kavanaugh of Little Rock 

 is first vice-president. The road will run through 

 a section rich in .igricultural and timber re- 

 sources and will be an important factor in the 

 development of the latter. 



Lumber shippers of Memphis who, through 

 the Lumbermen's Club, at a recent meeting, en- 

 tered strong protest against the projiosed gen- 

 oral advance in freight rates on the part of the 

 trunk lines of the country, are very much 

 pleased with the issuance of an injunction by 



the United States government restraining the 

 roads from putting this general advance into 

 effect. The railroads claim that they are en- 

 titled to higher rates for the service rendered 

 shijipers of lumber as well as all other com- 

 modities, while shippers insist that rates are 

 now as high as. if not higher than, they ought 

 to be. The club declared at the meeting in ipies- 

 tion that any advance now was unjustifiable 

 and the several gatherings of shippers have 

 reached the same conclusion and have been able 

 to get the ear of the governtnent in such man- 

 ner as to effectually checkmate the larriiMs al 

 least for the present. 



I'lans are actively under way for the reor- 

 ganization ot the Nolan Brothers Lumber Com- 

 pany. The creditors have agreed that the com- 

 pany may increase its capital stock to ,«l,"ill,000 

 and that, as soon as SfTCOOO of the stock has 

 been sold, they are to receive payment for their 

 claims, half in cash and half in stock of the 

 company as reorganized. The Nolan Brothers 

 Lumber Company, however, will be given the 

 privilege of repurchasing all stock thus given 

 in payment, P. A. Ryan, who was appointed 

 receiver, is now looking after the affairs of 

 the company in the interest of the creditors. 

 The operation of the company will be continued 

 for a period of several months. Among the 

 firms which signed the agreement looking to 

 reorganization were the following : Memphis 

 Hardwood Flooring Company, Anderson-Tully 

 t.'ompany, Goodlander-Robinson Lumber Com- 

 pany, Lee Wilson & Co., .1. W. Dickson Lumber 

 Company. Banks Lumber Company and the 

 George C. Brown Lumber Company. I/OU Nolan 

 and his brother are actively at work in the 

 effort to place the stock under the reorganiza- 

 tion plan. 



Robert Parkinson, president of tbe Waliash 

 Lumber Company. Mt. Carmel. 111., is negotiat- 

 ing for the purchase of the plant of the Moro 

 Lumber & Stave Company. Fordyce. Ark., which 

 is i-eported to have been closed down for sev- 

 eral months. It is located several miles from 

 Fordyee and will be placed in operation if the 

 negotiations are successful. 



The Benton Luml>er Company has been 

 granted a charter under the laws of Arkansas, 

 with headquarters at Bentonville. The capital 

 stock is .$1.").000. while H. G. Gorum. .1. D. 

 Covey and J. N. Covey are the principal in- 

 corporators. 



John Penrod. president of the American Wal- 

 nut Corporation. Kansas City. Mo., and in- 

 terested in a number of southern lumber con- 

 cerns, spent some time here last week as the 

 guest of .L W. Thompson. E. T. Bennett and 

 others. -Mr. Penrod is quite a frequent visitor 

 to Memphis. W. H. Russe of Russe & Burgess 

 returned recently from a business trip to Hous- 

 ton. Tex., and other points. 



\V. L. Crenshaw, president of the Bellgrade 

 Lumber and the Memphis Hardwood Flooring 

 Companies, has been spending some time re- 

 cently at the plant of the former at Belzoni. 

 Miss. He will not return until the latter por- 

 tion of the week. 



R. .T. Lockwood. secretary and general man- 

 ager of the Memphis Hardwood Flooring Com- 

 pany, is back from a business trip to Belzoni, 

 Miss, 



On Wednesijay. .Tune 1, at six o'clock, oc- 

 curred the marriage of Miss Mabel Isabelle Solly 

 and .Tames Robert Blair at the (Jrace Kpiscopal 

 church, Mr. Blair is prominently identified with 

 I'.ardwood lumber interests of Memphis. He is 

 western manager for the L. II. Gage Lumber 

 Company and is also in charge of the interests of 

 the Crittenden Lumber Company, which has its 

 offices in Memphis and its mill at Earle, Ark. 

 Among the wedding gifts was a handsome chest 

 of silver presented by the Lumbermen's Club of 

 Memphis, of which Mr. Blair is a member. Mr. 

 and Mrs, Blair left the same evening for a trip 

 to the North and East, They will return about 

 .luly 10, 



NASHVILLE 



The secretary of state has granted charters to 

 the following companies: The John Ileilman 

 Lumber Company, Cocke county, capital stock 

 .$100,000 ; incorporators. E. F. I.ayberger, J. B. 

 Ileilman, Elmer Jones and W. W. I.ayberger. 

 Trenton Lumber Company, caiiital stock .fl,"),- 

 000 ; incorporators. Mack Morris. W. T. Ingram, 

 T, Harlan, Paul S. Harlan and l>. Weiss. 



Nashville is to lose a live citizen and the local 

 lumber field a jjrogressive member in the de- 

 parture of John S. Denton for Texas. Mr. Den- 

 ten is vice-president of the Southern Lumbi'r & 

 Box Manufacturing Compan.v. He inojioses to 

 locate at El Paso, or near there, at wliich jioint 

 he hopes his health will be improved, Sliould 

 the climate agree with him, he will probably 

 move his family to Texas. Mr, Denton is at 

 present city councilman from the Seventeenth 

 ward. He was private secretary to ex-Governor 

 Benton McMillin and has been a member of the 

 Davidson County Democratic Executive Commit- 

 tee for some months, 



Nashville recently made a ti'U-strike in secur- 

 ing the Southern Motor Car Company of Jack- 

 son, Tenn,, capitalized at $400,000. The com- 

 pany had been at Jackson for some time, but a 

 number of prominent Nashville people, among 

 them John. W. Love and Arthur Ransom, have 

 become interested in the concern, and it will do 

 an even bigger business here than at its former 

 location. It will occupy the plant of the old 

 I'hoenix Cotton Mills. The capacity of the 

 plant will be increased from about 2."iO cars a 

 year to about 4it0 or .'JOO. Tbe Marathon car is 

 the leading product of the company. Exile Burk- 

 ette. manager of the plant at Jackson, will 

 continue here as its rranager. 



Hamilton Love of Love. Boyd & Co. is making 

 a great hit with the hardwood code he recently 

 got out. Inquiries regarding the code are coming 

 in from all over the country and even from 

 abroad, and exporters from the Atlantic coast 

 and New York City are asking about it. The 

 adoption of the code by this branch of the busi- 

 ness, it is believed, would do much to standard- 

 ize its use. 



Hunt. Washington & Smith have recentl/ 

 r.ioved their yards from their former site to a 

 new one they purchased from the Davidson, 

 lucks & Greene Company. 



The cyclone that recently blew over the cen- 

 tral portion of Nashville was particularly de- 

 structive in the region of the lumber yard of 

 Lieberman. Loveman & O'Brien. Ju'-t beyond 

 the lumber yard, looking south, a number of big 

 trees were blown down and lumber stacks in the 

 yard were badly disarranged by the high wind. 

 The Davidson, Hicks & ({reene Company is 

 extending its railroad into Fentress and Over- 

 ton counties to large timber holdings there. 

 The line will be four miles or over long. The 

 output of the company for this year will be 

 about 40,000,000 feet. The company has been 

 granted a permit to erect a big warehouse at 

 the corner of Sixth and Crutcher streets. It will 

 cost about .$8,000. 



Judge E. T. Sanford of the Federal court here 

 has handed down an opinion uverruling demur- 

 rers to the indictments formerly returned against 

 W. B. Earthman, the Murfreesboro lumberman. 

 These indictments charged him with using his 

 official position as president of a bank at Mur- 

 freesboro in lending the credit of the bank to 

 lumber enterprises in whidi h>? was interested. 

 The attorneys for Earthman in making (heir 

 argument to sustain the demurrers contended 

 that it was not shown in the indictments that 

 the acts complained of were committed by 

 Earthman without the knowledge and consent of 

 the board of directors of the bank or their 

 agents, Jlr. Earthman's cases will come up at: 

 the October term of the federal court. 



