BOND CIRCULARS 399 



teen or fifteen years have been actively engaged in the 

 manufacturing of lumber. 



I am president of the B. Heinemann Lumber Company, 

 whose mills are up-to-date, are equipped with modern 

 machinery, electric lights and a steam heating plant 

 which provides heat for the several buildings. The plant 

 is located at Lumberton, Wis., four miles west of Antigo, 

 on the Chicago & Northwestern Railroad, and this company 

 has always manufactured its products in the most econom- 

 ical and advantageous manner. In addition to the lumber 

 industry, they are also engaged in the manufacture and 

 wholesaling of excelsior. 



This company has at its plant a hotel, several houses 

 for its employes, and also conducts a general merchan- 

 dise business. 



As to the lands, would say that both the Chicago & 

 Northwestern and the Chicago, Milwaukee & St. Paul rail- 

 roads run through the entire tract, making all easily 

 accessible to the railroads and carrying with it economical 

 logging operations. These lands are all located in a well 

 settled country, thereby creating an easy market for the 

 sale of the lands after the timber is removed. 



As to the management of the B. Heinemann Lumber 

 Company, will say that same is managed by my two 

 sons, W. B. Heinemann, vice-president, and G. B. Heine- 

 mann, secretary and treasurer, they giving their entire 

 personal attention to this company and reside at the mill. 

 Mr. G. B. Heinemann is also vice-president of the B. & S. 

 Heinemann Timber Company. 



I am also president of the National German-American 

 Bank of Wausau, Wis.; president of the B. Heinemann 

 Lumber Company; president of the Cisco Lake Lumber 

 Company, both of Wausau, Wis.; vice-president of the 

 Wisconsin Box Company, Wausau, Wis.; vice-president of 

 the Wausau Land Company. Wausau, Wis.; secretary and 

 treasurer of the Land & Loan Company, Merrill, Wis.; 

 director of the Great Northern Life Insurance Company, 

 Wausau, Wis. ; member of the Executive and Finance Com- 

 mittee; vice-president of the Langlade Realty Company, 

 Wausau, Wis., and my other interests, exclusive of any 

 equity which I have in the B. & S. Heinemann Timber 

 Company, give me a net responsibility considerably in 

 excess of the bonded indebtedness of the B. & S. Heine- 

 mann Timber Company. 



Yours very truly, 

 (Signed) B. HEINEMANN, 

 President B. & S. Heinemann Timber Co- 



