Important Facts Regarding British Columbia Tidewater Timber
Important Facts Regarding British Columbia Tidewater Timber
Jd Lacey Co
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In determining the value of these differences, the investor must always carefully read the text of the lease contract in question. Pulp Lease: In addition to the above described timber leases, there are about 350, 000 acres held under pulp lease for the supply of raw material for the various pulp and paper manufacturing companies. Timberland investors are not interested in this form of lease unless they are interested to purchase the pulp or paper manufacturing plant that goes with it. The taxe...s on pulp leases are fixed at a lower rate than on other timberlands. Timber Sales: In December, 1907, all timberlands in British Columbia not already disposed of were re- served from sale. In the Forest Act of 1912, however, provision was made for the sale of small areas of timber for immediate operation, the procedure adopt- ed being closely akin to that used by the United States Forest Service in the sale of timber in the forest reserves. Since 1912 some 60, 000 acres have been disposed of in this way, and there doubtless still remain many small areas which will be pur- chased oy loggers under this provision of the Forest Act as stumpage values increase.
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