[3] Stange may also have known that the United States Forest Service had begun to award large timber contracts to lumber companies in the Pacific Northwest.
Emily Timber Co. and purchased in excess of 100,000 acres of forest land, estimated to contain over one billion board feet of lumber.
In that year he returned to La Grande and created the Mount Emily Lumber Company from the assets of the Mt.
A Forest Service prospectus was prepared in 1937 that contained many confidential financial records of the company, including a description of the short line railroad and revenue and expense information.
The Milton Box Company moved to Pendleton, Oregon and received pre-arranged free land from city leaders and an incentive of $10,000 cash.
[17][14]: 4 In January, 1955, Stange announced that Valsetz Lumber Company had bought all of the corporate shares for an undisclosed amount.
[18][19] In November, 1956, Valsetz donated Mount Emily's main logging camp to the Blue Mountain Conservative Baptist Association of Eastern Oregon.
[20] Since the beginning of the Mount Emily Lumber Company, logs were transported down the mountain behind a Shay steam locomotive on a short line railroad.
Mount Emily owned four Shays, and after Valsetz bought the company and began hauling with trucks, one engine was donated to the Oregon Museum of Science and Industry.
From there it was donated to the Oregon Historical Society, and through a lease agreement the Shay is operated by the City of Prineville Railroad.