You Can Insure Your 

 Investment in Standing Timber 



In timberland transactions a mistake is worse than a 



fire. In what other field than lumbering will you find men invest- 

 ing a half-million or a million dollars in raw material on a MERE 

 G UESS as to what they are getting for the money? Yet how many 

 lumbermen do you hear lament that a tract doesn '/ cut over two- 

 thirds of what the "cruise" indicated? 



A LACE Y REPORT will INSURE you against 



that sort of thing. It is much more than a "cruise''' is, in fact, 

 the nearest possible approach to modern scientific accuracy of actual 

 knowledge made under a system of notes, measurements, original 

 volume tables and cross-checks which it has taken the LARGEST 

 TIMBER FACTORS IN THE WORLD, James D. Lacey & 

 Company, thirty-seven years to perfect. 



The cost of the insurance afforded by a EA CE Y 

 REPORT is scarcely a fair insurance premium on the values 

 protected. 



Send for Booklet, Pointers. " 



CHICAGO 



1750 McCormlck Bldg. 



SEATTLE 

 626 Henry Bldg. 



NEW ORLEANS 

 1213 Whitney-Central Bldg. 



