Masonry Magazine February 1982 Page. 50
We Cover It All
ONE SOURCE-ONE RESPONSIBILITY
In construction film, we cover it all. Poly-America is the one and only source you'll need for clear or black polyethylene sheeting for all your construction requirements.
Our film is strong, economical, and flexible - no splits or tears. It's palletized and banded for safe delivery and easy storage. And we meet FHA, government, military, and PS-17-69 specifications.
Flashing for windows and doors... vapor barriers for outside walls... temporary enclosures and partitions during foul weather... in ceilings and crawl spaces... under slab floors... for all your construction film needs, look to Poly-America, your one source and our responsibility.
CONSTRUCTION DISBURSEMENTS
continued from page 49
est cost. Thus, it appears that banks would wish to make their own disbursement primarily in those geographical areas where title companies are not providing such services.
Conclusion
The construction industry continues to change, and the payment process must change as well if all parties are to be protected and treated equitably.
Lending institutions frequently have far more power in controlling the payment structure than they have exercised in the past. The golden rule of construction lending is that he who has the gold makes the rule. Title companies are providing a system that enables lenders to exercise more effective control for the benefit of themselves and responsible parties throughout the construction industry.
Acknowledgement
Copyright 1981 by Robert Morris Associates. Reprinted with permission from The Journal of Commercial Bank Lending. September, 1981.
Illinois Observes "Masonry Week"
Gov. James R. Thompson of Illinois, in recognition of the many contributions of the masonry industry to the development of the state, proclaimed November 29-December 5, 1981 as Illinois Masonry Week. Present at the signing of the proclamation at the state capitol in Springfield were (from left); Colin Munro, Illinois Masonry Institute; Donald Brettschneider, BAC Local #27, Elgin: Ralph Hauser, BAC Local #16, Aurora: C. K. Davis, Brick Distributors of Illinois: Paul Schroeder. Masonry Advancement Council of DuPage County, III.; Donald H. Johnson (holding proclamation), Masonry Advisory Council; Albert Wendt, Mason Contractors Association of DuPage County: Walter Laughlin, BAC Local #21. Chicago: Ray Ofenbeck. Mason Contractors Association of Lake County, III.: Sam Vinci, Mason Contractors Association of Greater Chicago; Joseph Engberg, Chicago Block Co.; Hugh MacDonald, Brick Institute of America/Region 5, and Hale Olson, Ampress Brick Co. and executive board member, National Concrete Masonry Association.
MCAA
Educational Seminars
Current Yield
DOLLAR$ and SENSE
Annualized Average
100%
Isn't it a good time to add to your educational account?
50 MASONRY/FEBRUARY, 1982