21 



A. Yes, sir. 



Q. Take the timber as it is in that country, about how many logs 

 will a tree make on the average ? 



A. Well, some trees make two and some five. 



Q. On the average, how many do you calculate, about three logs ? 



A. I think they will do more than that; I can't tell exactly; I don't 

 know. i 



Q. How long is this contract to run; how many years are you to 

 give them 25,000,000 of feet? 



A. I can't tell until the whole timber is cut off. 



Q TJntil it is exhausted ? 



A. Yes, sir. 



Q. How many acres did you say this contract related to ? 



A. I didn't say. 



Q. Then I will ask the question; how many acres? 



A. I couldn't tell you. 



Q. How many acres do you and McGraw and Patton own up there 

 that you have made this contract upon ? 



A. We don't own any; we are to take the timber off of about 

 65,000 to 70,000 acres. 



Q. The right to cut off the trees; you bought the trees with the 

 right to do that ? 



A. Yes, sir. 



Q. From whom did you buy that ? 



A. From the Adirondack Land and Mineral Company. 



Q. Who composes that company ? 



A. I can't tell you anybody else exactly; I know some of them. 



Q. Tell what you know about it ? 



A. E. K. Hawley, of Cleveland; Thomas H. McGraw, Henry Patton, 

 and Dodds, Meigs & Co. 



Q. So that this Beaver Biver Lumber Company is organized to fur- 

 nish and to saw up the timber upon this large tract of land up the 

 Beaver river ? 



A. Yes, sir. 



Q. Your interest is to get the profit from the sawing, etc. ? 



A. Yes, sir. 



Q. Your profit will be represented by the amount of stock that you 

 have in the concern ? 



A. Yes, sir. 



Q. Have you any interest in the Trenton Falls Lumber Company ? 



A. No, sir. 



Q. Have you any stock in it ? 



