WOODS AND PLANTATIONS. 401 



An advertisement should next be inserted in some of the most widely 

 circulated papers. 



The trees in each lot should all be marked, and their value taken when 

 marking them. In doing this, the forester should go along with two 

 men. One man takes a chip off the side of the tree with an axe, and 

 deep enough to take off the bark into the hard wood ; and he goes on 

 in this way from tree to tree, as they are pointed out to him by the 

 forester. The other man comes behind the first with a paint-pot and 

 brush, and numbers the trees, putting two numbers on the tree one at 

 the top, showing the number of the lot ; and the other number at the 

 bottom, showing the number of the tree in the lot. Thus the first tree 

 in the first lot would be numbered f, the second tree i, the third 

 tree ^, and the fourth tree i and so on. While the men proceed in this 

 way, the forester points out those trees which are to be marked, and 

 also enters their value that is, of each tree in his note-book. 



Previous to the sale, the conditions under which the lots are to be sold 

 will require to be drawn out, and this must be done in more particular 

 terms than in the case of a small sale. The following is a copy of con- 

 ditions of sale under which we have sold large lots. With some slight 

 alterations, it is applicable for the sale of any description of timber : 



CONDITIONS of SALE of PINE TIMBER in the FOREST of , the property 



of , to be sold by Auction at the instance of , Agent, 



for and in behoof of , the Proprietor, within the , 

 this day of eighteen hundred and 



1. The highest bidder to be the purchaser, with the exception that if the last or 

 best bidding shall be considered below the real value of the lot, then the same shall 

 be reserved for the proprietor. And should any dispute arise between two or more 

 bidders, the lot in dispute to be immediately put up again and resold. The sale to 

 be conducted in the presence of the officers of the estate. 



2. In bidding for the timber, no person shall advance less than 1 at each bidding 

 when under 50, and 2 when above 50 and under 100, and 5 when above 100, 

 and no bidder to retract his bidding. 



3. The purchasers to pay down immediately into the hands of the auctioneer a deposit 

 of 20 per cent in part payment of each lot, and sign agreements for the remainder 

 of the purchase-money by approved bills at three months, payable at a banker's 

 in , such bills to be drawn by the purchaser and accepted by some person 

 or persons to be approved by the , and no part of the timber to be taken 

 away until such bills are accepted, approved, and delivered to the said ; 

 but should the purchaser be desirous of making a prompt payment, a discount of 2J 

 per cent will be allowed upon the payment of the balance of such purchase-money 

 if paid within one week of the day of sale. 



4. The timber to be cut and removed at the expense of the purchaser before the 

 day of 18 next, doing no injury to the standing timber, and the same 



to be taken by the purchasers without any claim for compensation whatever for any 



2c 



