He IVas "Stuck' 

 On His Tract 



Once there was a man who had what was reputed to 



be an exceptionally valuable tract of timberland 710 matter where 

 which he bought on an old-fashioned "timber cruise" plus his personal inspection. 



Wishing to take bis profit on the investment he con- 

 fidently offered the tract to James D. Lacey ^f Company. 



Besides the reputation of the tract there were super- 

 ficial indications of unusual excellence; but Lacey & Company 



deal only with THE FACTS. 



A LACEY REPORT on the tract showed the 



astonishing fact to be that the value of merchantable timber on the 

 tract lias barely more than half what the intending seller sincerely believed he 

 had, a lt h o ugh he was an experienced lumberman. 



He was stuck" badly; in fact a "LACEY 



REPORT" on the property ivhcn he bought it would not have cost 

 a twenty-fifth of what he was "stud." This is a true story with a moral. 

 May we send you "Pointers," an interesting booklet? 



