The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-01-07
KIRBYBUYST
A Big Deal Consummated by The Kaysee
General Manager
TO INDUCE MORE SAW MILLS 10 LOCATE
New Creosotins Company Formed In
Houston--Tenth Cavalry VIII Go
via the Southern Pacific.

The activity In lumber circles and tim
Der lands continues. There are several
large deals In timber lands being consid-
cred by Houston lumoermen. and one OF
the largest In several years, IL not the
largest in the whole history of the lumber
business in this territory, was consum-
mated here on Tuesday. The transaction
was kept quiet until yesterday afternoon.
when Mr.. William Wiess OF Beaumont,
president Of the Reliance Lumber conf
pany, came up from Galveston and went
direct TO the South Texas National bank
The deal was such a large one that rr-
mors concerning It floating about the street
for a few days amazed those who heard
OF it and 1t was discredited.
The Reliance Lumber company Of Beau
mont has sold to Mr.. John II. Kirby OF
this city large body of timber land In
Jasper and Newton counties. The deed
bears dato OF December 80, 1899, recites
consideration OF S2S5,00o and bears ssso
in revenue stamps. II is understood that
the tract Of land is estimated to yield So0,-
900, 900 feet Of timber and it is claimed
that II is the most superior body of land
of the same size that could be gotten to-
gether 10 this State at the present time.
Ii Is conceded that there may be other
lands as good, but they are not for sale
at any price, as they are owned by manu-
faeturers who need them for their milling
purposes. Mr.. Wiess stated his company
owned some $4,000 acres besides this tract
and that they did not need the timber en-
braced In this sale for their plant at Beau
mont, and consequently had disposed of II.
Mr.. John II. Kirby was seen at his Of
hce and. in reply TO inquiries made to a
reporter OF The Post the following state
ment: THE Gulf. Beaumont and Kansas
City railway has been in operation through
a part Of this timber for the past FIVE
years. Ever since the completion OF the
road have been trying from time TO time
to buy this body OF land that might place
the timber on the market. thus inducing
the location OF saw mills and the move
ment of lumber tonnage over our railway.
Several months ago I found the Reliance
Lumber company In a selling mood and !
took an option upon this land, and while
l was East ! arranged for the money with
which to buy Il. Our purchase is not for
the purpose of locking It up, but with the
intention of feeding industries the location
OF which on our line OF railway we desire
to influence. have applications from a
| number OF lumber manufacturers whose
mills in their present locations are with
out timber and who desire to remove 10
our territory. It was to enable these gem
Element as we'll as others who may desir,'
to embark In the business of manufactur-
ing lumber to get the raw material, the
logs, that induced us to buy this land
The price We paid is high, but as the trees
are Immediately tributary to the railroad
and can be brought to mills to be located
on the railroad at a minimum OF expense
for tramming purposes. we expect the
I property to be so attractive to manufac-
turers that they will come IN Immediately
and take up the timber and thus increase
traffic over our line F.