Port Moody Station Museum
Port Moody, British Columbia

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Lumbermills of Port Moody

 

 

On May 23, 1913 The Western Call newspaper reported that Thurston-Flavelle mainly handled cedar for the eastern market.

On September 30th of the same year The Bank of Montreal demanded immediate repayment of their loan after auditors disclosed that the amount provided to the bank to establish credit was far from that of Thurston-Flavelle's balance sheets.

In 1914 Thurston-Flavelle was able to obtain a 4 month extension from BMO after they promised to reduce their loan by 50% in that time frame. The United States Government had eliminated their tariffs against Canadian cedar shingles.

 

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