ARKANSASA OKLAHOMA

BOB JOHN exccudve vlcc pneel&nt

I UMBER dealers scored a major vic' btory recently when Congress adopted amendments to the bankruptcy code sought by the association for four years. ln approving changes to the Bankruptcy Reform Act of 1978, dealers are assured of not only more efficient, but also more economical bankruptcy procedures.

The successful advocacy of these amendments was the direct result of an

87th Hardwood Lumber Annual

The National Hardwood Lumber Association's 87th annual convention will be held at the Westin Crown Center Hotel, Oct. 29 -31, in Kansas City, Mo.

This convention traditionallY is considered the largest gathering of effort by MLA members who were com' mitted to achieving reforms in the Bankruptcy Act. Dealcrs across the nation enlisted the support of their Congressmen to enact the much needed amendments. Oklahomans helped to persuade Democratic Congressman Mike Synar to push the legislation. In the Senate, Kansans urgcd Senator Robert Dole to carry the ball.

The new law resolves the constitutionality of bankruptcy courts that has plagued the nation's insolvency process since the Supreme Court's June, 1982 ruling against the system established by the 1978 hardwood people in the world, according to S. Carroll White, executive director, Memphis, Tn.

Great Fall Hardware Sale

The Great Fall Hardware Sale store promotion will begin SePt. 27, with ln addition to the resolution of the judgcs crisis, the bill approved by the Congrcss does the following: o Tightens provision under which consumers can declare and remain in bankruptcy. o Provides relief for farmers whose products are under the control of grain elevators that file for bankruptcy. r Placesrestrictions on employersseeking to abrogate their labor union agreements through bankruptcy. r Enables shopping center owners to lease certain properties that formerly were ticd up in bankruptcies. sweepstakes prizes for customers, retailers, store employees, wholesale sales managers and salesPeoPle.

Act. Judges were given Article I constitutional status which authorizes their appointment for 14 years by regional appeals courts. Federal district courts can hear legal questions that do not involvc bankruptcy laws if the parties to the bankruptcy procecdings wish.

Supported by advertising in consumer magavines, the annual event is sponsored by almost 50 manufactwers, who band together for the promotion.

Grace Forms Southeast Unit

W.R. Grace & Co. is organizing a new warehouse home center unit which will be headquartered in the Virginia Beach, Ya., area.

Frank Doczi, formerly senior vice president at Moore's, Roanoke, Va., has been appointed president of the operating unit which has no name, no geographical boundaries and no merchandising units assigned to it at present.

Lowe's Goes To The Movies

Materials used for constructing a replica of the mansion burned in the finale of the "Firestarter." a Univer- sal City Studios movie starring Drew Barrymore and George C. Scott were purchased from Lowe's in Wilmington, N.C.

Orton Plantation. south of Wilmington, the principal filming site for the movie, was the model for the full scale 100' x ll4' reproduction that was torched at the film's conclusion.

New McCoy's In Georgetown

Georgetown, Tx., is the location of the newest McCoy's Building Supply Center.

This 55th store for the San Marcos based retailer opened in mid-August with a 15,000 sq. ft. sales floor and

9,300 sq. ft. warehouse with adjoining lumber yard.

Grand opening festivities included participation by three local radio stations and giveaways for customers of bandanas, yardsticks, nail aprons, balloons and refreshments.

New Southeast Field Office

Knoxville, Tn., will be headquarters of thd'newly appdihted Portland Cement Association Southeastern Region field manager, Charles A. Curtis III.

He will be available to provide design and construction assistance on building projects in Tennessee and western North Carolina.

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