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1231 Property is a category of property defined in section 1231 of the U.S. Internal Revenue Code. [1] 1231 property includes depreciable property and real property (e.g. buildings and equipment) used in a trade or business and held for more than one year.
FSC Lesser Known Timber Species; NCSU Inside Wood project; Reproduction of The American Woods: exhibited by actual specimens and with copious explanatory text by Romeyn B. Hough; US Forest Products Laboratory, "Characteristics and Availability of Commercially Important Wood" from the Wood Handbook Archived 2021-01-18 at the Wayback Machine PDF 916K
The effects of the policy on the American economy remains unclear. Without the Admiralty's quest for choice timber the American lumber industry may not have developed as quickly. Certainly, the policy ensured a steady reliable source of mast timber during England's ascension to naval dominance, but at a price.
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In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
The price of sale was $2.50 per acre ($618/km 2), and land was sold in 160 acre (0.6 km 2) blocks. [1] Land that was deemed "unfit for farming" was sold to any citizen of the United States, or any person intending to become a citizen who might want to "timber and stone" (logging and mining) upon the land.
Timber Lodge was down to ten locations by the time of its sale to Taher. [4] In November 2009, restaurants closed in St. Cloud, and Rochester, Minnesota. As a result of the closings, a judge levied a $3.57 million judgment against Timber Lodge for not fulfilling its leases. The Fargo, North Dakota, location closed its doors on July 24, 2010.
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