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CAPITAL IDEAS -- LIVE!
MAY 2013 News Conference for Forest Owners
Sponsored by the Alabama Forest Owners' Association, Inc.
This Conference was recorded on May 15,
2013
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Hayes D. Brown
starting time: (00:00)
Hear Conference |
Moderator
Hayes D. Brown, attorney and forest owner, will moderate this news
conference. Hayes' email address is
hbrown@hayesbrown.com.
Click Here to View & Hear Prior News Conferences.
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Dr. David Lansky
(00:27)
Hear Conference
Comment |
Managing Conflict in the Family Business
David Lansky is a Principal
with The Family
Business Consulting Group, Inc. "A clinical psychologist and family
therapist by training, David spent over 15 years as a managing partner in a
clinical psychology practice, where he observed the impact that personal
relationships, family dynamics, and communication obstacles can have on
financial families’ business operations and planning. Today, his clients
include entrepreneurs, owners of privately held firms, and financial
families who want to enhance their communication, develop leaders and
improve their ability to collaborate and work well together." We know that
many families who own forestland have experienced problems such as
disagreements on management focus or investment strategy, income sharing,
and work responsibilities, so we thought you might like to meet one of the
co-authors of a new book, Managing Conflict in the Family Business:
Understanding Challenges at the Intersection of Family and Business.
Useful Links:
Phone: (847) 266-1000
Email:
lansky@efamilybusiness.com
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Scott P. Jones
(05:42)
Hear Conference
Comment |
What is a Tax Expenditure?
Scott Jones is
CEO of the
Forest Landowners
Association, a nationwide association based in Atlanta, Georgia. In
the March-April 2013 issue of Forest Landowner magazine, Scott wrote,
"We recently asked our membership the following question via email: The
Joint Committee on Taxation issues a list of tax expenditures each Congress
listing all expenditures that cost the government money such as the home
mortgage interest deduction. The 113th list has been issued and 3 key timber
tax provisions are on the list."
The 3 main forestry tax expenditures are:
- Sale of timber treated as capital gains
- Forest management cost being deducted annually
- Reforestation cost can be deducted, limits apply, and not capitalized
Please take the time to read what other forest landowners believe will
happen if they lose these "tax expenditures."
Scott recommends a thoughtful review of the following:
Phone: 800-325-2954
Email:
sjones@forestlandowners.com
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Dr. Craig D. Idso
(09:30)
Hear Conference
Comment |
A Different Perspective on Carbon Dioxide
Craig Idso is Editor and
Chief Contributor to the online magazine
CO2
Science. We learned about his work when one of his email messages,
subject line:
Pear Trees in a CO2-Enriched and Warmer World, was
forwarded to us by a friend. The pear trees in the study seemed to do better
in a warmer and elevated CO2 environment. Then on the same day,
we read in The Wall Street Journal,
In Defense of Carbon Dioxide: The
demonized chemical compound is a boon to plant life and has little
correlation with global temperature. These two articles reminded me
of a story told by a professor many years ago, before carbon dioxide was
considered a pollutant. A greenhouse operator in a rural area used gasoline
powered electric generators to light his greenhouses at night to improve
plant growth. The generators were placed inside the greenhouses to
increase CO2 concentrations and improve plant growth. We
thought you should meet Dr. Idso and hear him speculate on the
effects global warming and elevated carbon dioxide levels might have on
Alabama forests.
Background Reading:
The Heretics: Dr. Craig Idso - by Rich Trzupek
Phone: (480) 664-4923
Email:
craigidso@energy-facts.org
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John W. O'Reilly
(12:52)
Hear Conference
Comment |
Telling Our Story -- A Minnesota Perspective
John O'Reilly is a
Minnesota Forest Owner and an Innkeeper at
Woodland Trails B & B
in Hinckley, Minnesota. John is also
President of the
Minnesota
Forestry Association, and in that role he has developed, with
support from the Blandin Foundation, two 30 second Public Service
Announcements that tout "the contributions private woodlands make to
Minnesota's overall forest economy." The PSAs were designed to be played on
Minnesota radio stations and are distributed to local radio stations by MFA
members, thus introducing forest owners to radio station employees all over
the state. Great idea!
Phone: (320) 655-3901
Email:
president@minnesotaforestry.org
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Dr. Theodor D. Leininger
(15:10)
Hear Conference
Comment |
Cottonwood Nurse Trees Improve Quality of Planted Oaks
Ted Leininger
is a
Research Plant Pathologist
and
Project Leader
at the
USDA Forest
Service Center for Bottomland Hardwood Research. About a year ago in
Minority Landowner,
Spring 2012, we read that the Center for Bottomland Hardwood Research
had "developed the technique of interplanting cottonwoods with other
hardwoods such as Nuttall oak. The method quickly creates a forest
environment in which slower growing hardwoods can develop straighter, less
branchy stems while sheltered by fast growing cottonwoods." Then, last fall,
we read in
Forest Landowner, Nov-Dec 2012 (sidebar, pages 7 and 8), “This regimen quickly creates a forest environment in which
slower growing hardwoods can develop straighter, less branchy stems while
sheltered by fast growing cottonwoods. The rapidly growing, denser forest
enhances wildlife habitat, improves water quality…” In personal
correspondence to AFOA, Ted wrote:
"This method involves using the
silvical characteristics of cottonwoods and oaks to a managers
advantage. Eastern cottonwood is what is known as a pioneer species that
grows rapidly on newly-created soils such as at the edges of streams,
rivers, and lakes. On the best sites, Eastern cottonwood can grow 12 or
15 feet per year initially. Oaks develop more slowly and later on in the
succession of species that eventually define a mature bottomland forest
on a given site. By planting the two species together in alternating
rows in a tic-tac-toe design, with the oaks on a 12 x 12 foot spacing
and the cottonwoods on a 12 x 12 foot spacing, conditions are
established to encourage rapid forest growth along with the development
of oaks with the potential for high-quality saw log production. While
the Eastern cottonwoods quickly 'take' the site due to their rapid
growth characteristic producing what we sometimes call an 'instant
forest', the oaks have sufficient light under the developing canopy of
narrow-crowned cottonwoods to produce tall, straight stems suitable for
saw log production. Now when a landowner or manager looks out at a field
afforested just a few years earlier, he or she sees a new forest in
which the Eastern cottonwoods are 40 to 60 feet in height and the red
oaks are 15 to 20 feet tall. This silvicultural system allows for two,
or more, pulpwood harvests of cottonwoods and a final harvest of red oak
timber in the span of 60 or more years."
Additional Supporting Material:
Phone: (662) 686-3178
Email:
tleininger@fs.fed.us
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Lewis S. Dean
(19:42)
Hear Conference
Comment |
Lesser Known Mineral Resources of Alabama
Lewis Dean is a Geologist
at the Geological
Survey of Alabama. Lewis was referred to AFOA by
Dr. Charles Haynes in an
email exchange in which we were trying to learn more about the less
well-known mineral resources found in Alabama. Charles wrote:
"I suggest that all landowners who are
not experts in east Alabama metamorphic geology, once they have had a
contact for leasing their mineral rights (or surface rights in some
situations), to call Lewis Dean at the Geological Survey of Alabama and
explain their situation. Lewis is an expert on Alabama metamorphic
geology and can help them sort out their offer and if needed, refer them
to a consultant that can assist them in the particulars. ... Leasing
conditions vary with mineral types, prices, and difficulty of
extraction, so there’s a lot of unknowns that must be addressed and the
landowner shouldn’t attempt to do this themselves. In particular, they
shouldn’t try using coal or oil/gas lease terms in these rare-mineral
provinces."
AFOA called Lewis and asked him to tell us a
story or two about some of our mineral resources. He said he would try, but
perhaps we would find reading
Minerals in the Economy of Alabama, 2007 a more enjoyable
experience. Lewis is the author. The file may take a few minutes to
download, but we think you will find it worth the time. Be sure to review
the table of contents on page 7.
Phone: (205) 247-3548
Email:
ldean@gsa.state.al.us
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Wesley Smith
(23:05)
Hear Conference
Comment |
Equipment For Rent
Wes Smith is District Sales
Manager at United Rentals, Inc. He sent us a note a week or
two ago, suggesting that forest landowners might need equipment to work on
their land. He further suggested that renting equipment for a week could
prove to be more
economical than owning it for a lifetime. Wes pointed out that United
Rentals has 20 locations in Alabama, so they are likely to be reasonably
close to most Alabama residents. He suggested we take a look at
Equipment & Tools on United Rentals website. He thought most of the
equipment we might be interested in would be found in the drop-down menus at
the following two tabs:
o
Earthmoving equipment
o Forklifts and Material Handling
We clicked on the Earthmoving Equipment tab and found
several dozers,
skid steers with post hole augers, bucket/front end loaders, and back
hoes, huge
excavators for building a dam or cleaning a pond, and a 4 wheel drive
tractor with front end loader and box blade. A click on the Forklifts
and Material Handling tab led to a
rough terrain forklift photo with a big load of logs, an assortment of
cranes for ?(dropping a prefab bridge into position)?, and a variety of
hoists and come-alongs (maybe to drag your stuck truck out of the
swamp). Somewhere in the mix we saw a photo of a motor grader, but you'll
have to find that one yourself.
If you wish to take advantage of the 10%
discount mentioned by Wes in his interview,
print this 2 page file and
submit it as proof of membership in AFOA.
Phone: (205) 246-3457
Email: wsmith@ur.com
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Brent Galloway
(26:46)
Hear Conference
Comment |
Windrock Park, Tennessee
Brent Galloway is General
Manager of
The Coal Creek Company located in Oliver Springs, Tennessee.
The Coal Creek Company is a publically traded company that was established
in 1872 and owns over 72,000 acres in east Tennessee. "We have a coal mining,
400 oil & gas wells, a wind farm, a sustainable timber program, and
recreation businesses. Our main recreation business is called
Windrock Park."
Windrock Park (find
us on Facebook) has two major components:
- Off-highway vehicle (OHV) trail system with over 300 miles of trails.
There are trails for all vehicle types such as ATVs, Side X Sides (UTVs),
Jeeps, 4x4 trucks, dirt bikes, etc. With over 72,000 acres, we are the
largest privately owned OHV area in the country.
- Windrock Park Campground. Our campground includes 14 cabins, 39 RV sites,
and 100+ tent camping sites.
Interesting web pages we found while
looking for Windrock stories:
Phone: (865) 435-1251
Email:
info@coalcreekcompany.com
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