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Citizens Lumber Compony Holds 5o-Yeor Celebrotion For Three Yords; Contest Turns Up l9l0 Soles Slip

Citizens Lumber Company, with branch yards at Reedley and Selma and headquarters at Kingsburg, California, held a three-yard celebration on May 20 commemorating 50 years of doing business at the same old "stand." The unusual thre'e-yard celebration was coordinated through the company's Kingsburg headquarters and it was estimated that some 2,000 to 3,000 friends and customers of the SO-year old firm took part in the celebration.

Among the many prizes given away was a prize for the oldest sales slip. It was won by a man who apparently doesn't believe in throwing anything away. The date on his sales tag? December 31, 1910!

o Douglas Fir White Fir Inland Fir and Larch

Western Hemlock

Ponderosa Pine

Sugar Pine

Engelmann Spruce

Western White Spruce

Sitka Spruce

Port Orford Cedar

Western Red Cedar

Cedar

Citizens Lumber at Kingsburg (Kingsburg's only 50year-old business, 'incidentally) is managed by partner Milford Johnson, who holds a 40-year record with the firm. The Selma operation is managed by another partner, Merle Shantz, and the Reedley branch is managed by partner Charles Schaffer, Jr. A fourth partner, Charles Schaffer, Sr., is only partially active in the firm at this time.

Georgio-Pocific Acquires Timber Formerly in Ben Gheney Holdings

Portland, Ore.Georgia-Pacific Corp., through its wholly owned subsidiary, Coos Bay Timber Co., has purchased a large southwestern Oregon timber tract formerly owned by Timber Conservation Co., of Coos Bay, a company headed by Ben B. Cheney, Tacoma lumberman. The transaction was estimated to include nearlv 13.000 acres valued as high as $10 million. The timberiand'was purchased from Carroll M. Shanks, president of Prudential Insurance Co. of America and a Georgia-Pacific director, who had himself just acquired the land from the Cheney firm. Mr. Cheney trad siid earlier this month that hii company was disposing of its holdings.

Prudential Insurance has played a large part in recent financing of G-P expansions. It bought $26,250,000 of timberland from Booth-Kelley Lumber Co. at Springfield, Ore., last year after Booth-Kelley had been purchased and become a subsidiary of Georgia-Pacific. Prudential entered into an agreement with G-P providing for management and logging of this timberland and for selling logs to it. A recent Prudential notice to Georgia-Pacific stockholders said the insurance firm expects to make loans aggregating $1,807,500 in 1960 to the G-P warehouses in nine states.

Woyne C. Ervine Plqces Ponel Sqws In Mony More Gqlifornio Yqrds

Wayne C. Ervine, Dealer-Service, Bennett 2-Way Panel Saw, Atasacadero, Calif., has made several more installations of the popular product in California yards. The latest include Diamond National Corp., Ukiah (the company's 31st unit purchase) ; Speckert Lumber Co., Marysville; Blair Bros. Lumber Co., Placerville; Ilarter's, North Hollywood; Conejo Lumber Co., Thousand Oaks, a new retail yard just s(arted; California Panel & Veneer Co., Los Angeles (its second unit) ; Harris Lumber Co., Inglewood, and Western Lumber Co., National City (the firm's sixth purchase of the product).

Grofoot Mill Fire Gosls I OOG

Ukiah, Calif.-A fire which broke out in the log-cutting mill of the Crofoot Lumber Co. here, May 28, did an estimated $100,000 damage before the blaze was brought under control by ten units of fire-fighting equipment.