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30 Y[AR$ of PR0MPT $tRVlCt and C0URT[0US TREATMINT ANGETUS HARDWOOD COMPAI\Y,
6fr00 South Alqmedn Street-los Angeles
LUdfow 7-6168
Lumbermen Get Bilked
Pacific Coast lumber dealers have been bilked of more than $100,000 by a man believed to be Vernon J. Homsey of Sacramento. A grand theft warrant has been issued for him by authorities in Sacramento, where Homsey has been operating since late August and cost local lumber dealers about $37.000.
According to District Attorney John Price, Homsey would make a business of buying shingles and building materials on credit from lumber dealers and then sell the products for cash at below-wholesale prices.
In some cases, Homsey would secure loans to buy materials, then resell them and never repay the loans, police said. Generally, however, using fictitious credentials, he established credit, bought large quantities of shingles, then sold them immediately at about 5/o below-wholesale prices. (Tell them Uou sau i,t in The California Lumber Merchant)
Paeifie Lumber Dealers Supply Ine.
25914 President Ave., Horbor City, Colif. P.O. Box 667
DAvenport 6-5273
Telephones: SPruce 5-3461
TErminql3-6183
Monufqclurers ond Jobbers of SASH AND DOORS
THE RETAIT TUMBER DEALER