Orde Plans Timber Investment to Secure Bobby's Future
Orde outlines a bold timber grab in Michigan and Wisconsin, selling a future stake to fund his son Bobby’s career. He eyes 20 000 acres at eight dollars an acre, about 400 000 000 feet, financed by notes secured by company assets, with Newmark to arrange a 75 000 loan against northern peninsula stumpage and stock collateral to Thayer.