The sales are of stumpage only; the government does no logging on its own account.
Your tolls for this, that, and the other figured up about as much as stumpage.
stumpage is the cost of standing timber, the purchaser being privileged to leave the stump after cutting down the tree.
Here's your stumpage at a dollar a thousand, and there's your lumber at twenty!
Just like you forgot signing this lease and stumpage contract!
He kept sighing and wrinkling his brows, as though in deep rumination on a matter far removed from the stumpage question.
The cost of logging under the methods of marking adopted is compensated fully in the stumpage appraisal.
It is therefore true that stumpage prices have risen greatly, although conditions new to the American lumbermen are imposed.
At the stumpage rate your million and a half which Radway 'appropriated' would be only three thousand.
That the lease and stumpage contract were fraudulent, Barry Houston was certain.