COST OF AUCTION. 95 



the amount of such deposit being a matter of 

 arrangement. Good and approved bills should be 

 exacted for the balance ; but the best plan is, perhaps, 

 to induce cash payments by the offer of a liberal 

 discount. 



One condition should never be forgotten, and that 

 is, that the lots should all be removed within a 

 specified time ; and if they are not, the right of the 

 purchaser to their possession shall cease. We have 

 often seen lots left lying about for a long while after 

 sale, giving an untidy and unbusinesslike appearance 

 to the woods. At the conclusion of the sale, each 

 purchaser should be required to sign an agreement 

 signifying his assent to the conditions of sale, and his 

 willingness to abide by them. Finally, the auctioneer 

 will render his statement of account, with the balance 

 due, together with the bills for the remainder. The 

 costs, as we have already stated, will be somewhat 

 heavy, a percentage in accordance with the amount 

 of the sale as commission, lotting, printing, travelling 

 expenses, refreshments, and so forth. 



Notwithstanding these charges, auction confers 

 advantages offered by no other method, and in our 

 opinion should be adopted when the quantity for 

 sale is large, without there is some really good reason 

 to the contrary. 



The forester should bear in mind that the success 

 of the sale depends largely upon his own efforts, and 

 not for one moment consider that the employment 

 of an auctioneer relieves him of his just liability. 

 One word of advice to both the auctioneer and 

 forester before concluding the subject of sale by 



