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1|l GIANT party for LAT's l00th birth/n day will be held in San Antonio, Saturday, April 19, in the Hyatt Regency Ballroom during the president's dinner-show-dance. a part of the annual convention.

Tickets are priced at $28 per person and will include "The Roger V Show." a new and dynamic recording star who has entertained audiences from Las Vegas to the top show rooms of Hawaii and the East Coast. The gala l00th birthday party will include balloons, party favors, champagne and special birthday cakes. Master of ceremonies will be the funniest man in America. Richard "Cactus" Pryor.

LAT president Ruel Alexander will be the guest of honor at this once-in-alifetime party to culminate LAT's 100 years of service to the industry.

Tickets should be ordered as seating will be limited. The function is scheduled from 7 p.m. to midnight.

An Over 4O Club luncheon has been scheduled during the convention on Saturday in the Rio Grande Ballroom of the Hyatt Regency beginning at 12 noon. LAT past president Cosmo Guido will be in charge of the luncheon which is especially for those who have worked in the industry for 4O years or more.

Highlight of the luncheon will be a color film of the 1948 LAT convention held in Galveston. Certificates will be awarded during the luncheon to those who have worked in the industry for at least 4O years.

The last Over 4O Club luncheon was held in Houston in 1967. Tickets are $20 and must be bought in advance. There will be no tickets sold at the door.

In celebration of the l00th Anniversary. "The Story of the Lumbermen's Association of Texas." an 8O page book is being distributed to LAT members. It is an interesting and colorful :rccount wrinen by Russel Todaro of Waco. Texas.

A free copy has been mailed to each member. Extra copies are available for $14.95 plus tax. If you have employees, friends or family rnembers who would enjoy this book. order your extra copies now. as the supply is limited.

Gaylon Stacy

Gl INCE Oklahoma's revised Linle erecutlYe vlce preoldeat several group and idividuals who helped push for repeal of th state's Pr,wailing Wage [:w. but the result was a compromise instead ofoutright appeal. The new law also provides that the state labor commissioner c:rrurot us€ metopolitan rates in sening rates for the rural areas of tlte state.

9 Davis-Bacon Act went into effect Nov. l. moving the state's threshold from $10.000 to $600.000. all city. county. school district and public trust projects under 5600.000 no longer come under the Prevail- ing Wage Law.

OLA and myself as a member of the House of Representatives were among tlrc

There is good reason for all of us to be optimistic that furure changes in the prevailing wage can be made which will strip this wasteful law of is bias against public construction Fojects.

One of the important poins of interest in the next session of the Oklahoma legislature will be passage of a right to work law.

Association members throughout the state are getting some unpleasant surprises these days when the time comes for renewal of property and liability insurance policies.

Insurance industry losses during the last three years have forced many companies offering property and liability insurance coverage to double, in some cases triple, premiums. Other companies have gone bankrupt after having been forced to pay out multi-million dollar judgments in liability lawsuits. Numerous other companies are in serious financial trouble.

The Pennsylvania Lumbermens Mutual Insurance Company (PLM), ratedA+ by the nation's most reputable and reliable insurance company rating seruice, has been selected as the underwriter for the OLAs new property and liability insurance program.

This new member insurance program was approved and endorsed by the OLA board of directors as one way to help members reduce costs and to ensure members of an available and afffordable source of property and liability insurance coverage.

OLA insurance committee chairman Don Pannell said the surest way to determine what present carriers intend to do about renewal conditions and premium rates is to ask for a quote approximately three months before the expiration of present coverage. Then, he says, arrange for an explanation of the OLA/PLM Safety Group Dividend Plan.

Watch the mail for more details of this new member insurance program, or contact the OLA office to arrange a private consultation with a professional account manager with the association's official service agency, LaGere and Walkingstick Agency.

Many customers pay their bills late, and large companies are no exception. But companies that allow customers, large or small, the luxury of slipping to a 90 day payment schedule are, in effect, lending customers money at a zerc lnterest rate.

It may take more than the normal 2Va discount to get customers back on a timely payment schedule. To lure a customer away from late payments, it merits your consideration to offer a 57o discount to customers who pay you within 10 days after receipt of an invoice or statement.

Details of the OLA 40th annual convention and building products exposition, April 4-6, at the International Tiade Center. Oklahoma City, will be covered in the next issue of Building Products Digest.

Future Dates

Check our Calendar on page 18 for information on upcoming conventions, meetings and trade shows in your region.