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Age not guaranteed---Some I have told for 20 years'--Some Less

Getting Even tVith Santa

It was just a week before Christmas, and in the big department store toy room the whiskered, red-suited, benevolent-looking Santa Claus was the center of attraction for scores of eager youngsters. One by one they went up to him in line, told him what they wanted for Christmas, and were assured that what they had asked for, they would

Management of Marsh \(/all Products, Inc. Has Been Reorganized

Chicago, Feb. 8-Top management of Marsh Wall Products, Inc., has been reorganized for operation as a subsicliary of I\{asonite CorPoration.

Eugene Holland, president of Masonite, rvhich acquired control of the Dover, O., company in December through an exchange of stock, said here today the realignment it.rcludes changes in the boards of directors of both corporations and in the executive personnel of Marsh Wall lrroclucts.

Six Masonite directors are now on the Marsh board. They are John Alexander, Jr., Ben O. Anderson, John I\{. Coates, Mr. Holland, M. P. McCullough and Aytch P. Woodson. Alvin C. Marsh, Victor R' Marsh and Johrr J' Marsh, all former Marsh directors, remain on the nerv board.

Alvin Marsh, formerly president of Nfarsh, is a nerv member of the Masonite board of directors.

I\[asonite offrcers moving into Marsh executive positions are Mr. Holland, president; Mr. Anderson, treasurer, and Mr. Coates, assistant secretary' Election of Victor Marsir as executive vice president, Alvin Marsh as vice president and John Marsh as secretary and assistant treasurer completed the new roster'

By taking over the Marsh company Masonite goes into certainly get. One tough little boy stood aside and listened to all these promises for a few minutes, then walked around behind Santa Claus and gave him a good, hard kick' He said:

"You lying old phony-THAT'S FOR LAST YEAR!"

the business of applying decorative finishes to its own pressed wood fiber board products. The Marsh company' a hardboard processor for the last 18 years' is one of Masonite's largest customers.

Trade of Masonite stock for Marsh stock was arranged in November on the basis of an option with members of the Marsh family group, which held approximately 80 per cent of the outstanding stock. Subsequent offering of the same exchange terms to other Marsh stockholders ultimately increased Masonite's holdings to a little more than 90 p"i .".rt. The last exchange was made on December 24'

San Francisco Lumbermen's Club

Carl Crow, of Portland, Oregon, editor of Crow's Lumber Digest and Crow's Weekly Letter, was the speaker at the luncheon meeting of the San Francisco Lumbermen's Club, held at the Palace Hotel, San Francisco, Februarv 15. Mr. Crow discussed lumber conditions in the Northwest and in the country generally, and told his hearers rvhat in his opinion they might expect within the near future.

President Fred Ziese, Gamerston & Green Lumber Co'' San Francisco, presided. There was an attendance of 125' Dave Davis, Rounds Trading Co', San Francisco, chairman of the day, introduced the speaker' The Club's March meeting will be held on Tuesday' Marct' 22.