The Guide

Thursday, December 14, 1961, page 10 (of 24)

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Over Oysters and Fruit Salad He Tells Us Why He Did It

DENIS V. RENUART By ROLFE NEILL Editor, The Times The transaction which a few weeks ago created the largest lumber company in Florida was accomplished with surprising ease says Denis V. Renuart, one of its chief architects. "We all knew each other well. We all trusted each other. We'd had appraisals made by reputable firms. There just wasn't anything to disagree over." The result was the formation of Renuart-Bailey-Cheely Lumber & Supply Co. with Eabelite Denis Renuart, 1221 Mariola Ct., chairman of the board. Over a luncheon of blue point oysters and fruit salad last week, he freely discussed Renuart the businessman, Renuart the man and Renuart the grandfather (22 grandchildren). Sales of the combine will be upward of $10 million annually. Each of the three companies had a healthy multimillion business of its own as an independent, why unite? "There's the economic advantage of centralized bookkeeping and other shared overhead," answered Renuart. He dipped an oyster in the hot sauce. "But the biggest advantage is in mass purchasing. We can get better prices in the volume we'll be buying." He nodded to an acquaintance who'd just come into the Miami Club dining room. "You asked me if we weren't the first lumber yard in the Gables. That's true. We're still the only one. "I grew up in the province of Manitoba, Canada, and came down here in 1923 with my dad, who'd seen the area on vacation, and my wife and three children. Within a year or two six other brothers had joined us. "Our first yard was on Alhambra Circle where the phone company is now. Lumber was being delivered by wagon when we came in Coral Gables was only two years old. "You may not believe it but land prices were higher then than they are now. We had a lot of fun building houses for George Merrick. "I guess the greatest thrill I had was right after World War II. Dad had been ill for a couple years and we weren't even allowed to discuss the business with him. We'd moved the yard from Alhambra out on Ponce de Leon where it is now and he'd never known it. "One day we decided it was time to tell him. We took him in an ambulance over to the new place. He couldn't believe it. He looked at it and gave us that approval we'd been waiting for. It was a great day for us." Renuart, who will be 61 in January, has two of his four sons in business with him. His other two children, both girls, are married. Traveling is one of his chief hobbies and one he hopes to do more of it in a few years. We were down to coffee and apple pie by now. How did the merger of these three companies suggest itself? "We'd known each other individually for years and talked about our problems. One day, somebody suggested, 'Why don't we go together.' We all liked the idea and that's how it happened."

Complete Permanent Wave

OPTICAL MECHANICS & DISPENSING COURSE

Enrollment Opens for Beginners in Full-Time OPTICAL MECHANICS & DISPENSING COURSE January 2, 1962 Training includes: APPLICATION OF THE OPHTHALMIC LENSES | ANATOMY OF THE HUMAN EYE | PHYSICAL & GEOMETRICAL OPTICS | LENS LAYOUT, EDGING, CUTTING, DRILLING | FITTING - ADJUSTING - DISPENSING | Course prepares both MEN and WOMEN for the State Board License Examination | Class meets Monday through Friday, 8:15 A.M.-2:45 P.M. For further information call: LINDSEY HOPKINS EDUCATION CENTER FR 7-4311 | Ask for Counselor for Adults | Dade County Public Schools

NEW BAPTISTS

The Coral Gables University Baptist has welcomed six new members. They are Mr. and Mrs. Ronald Kelsch, 3415 Ponce de Leon Blvd.; Mr. and Mrs. W. Rodney Morrill, and. Joyce and Sue Morrill, 1699 Pizzaro St.

WINDOW REPLACEMENTS

PETERSON'S STEAK PLACE

7140 S.W. 8th ST. • CA 1-4563

Beautiful Gifts • Imports • Home Accessories • Artware from

Haeger Syroco Briard Brastoff, Etc. | Ask about our Exclusive REAL LIFE JEWELRY | Something For Everyone | Imports from Spain, Holland, England, India, Haiti, Austria, Belgium, Italy, West Germany, and 30 other Countries. | Open 'til 9 P.M. Thursday and Friday | CHRISTMAS OPENING SPECIAL This advertisement entitles bearer to 25% discount off regular list price on purchases of $5.00 or more. | JAX'S 3432 Coral Way HI 5-3866 Across the Street from Stevens Market | Miss Shirley Farris, Manager

YOUR CHOICE OF FREE GIFTS WHEN YOU OPEN YOUR SAVINGS ACCOUNT FOR $250, OR MORE

+ 4% CURRENT ANNUAL DIVIDEND PAID SEMI-ANNUALLY | Open or add to your account by the 10th and earn from the 1st | Residents of Coral Gables, South Miami and neighboring communities are being given the opportunity to participate in one of Florida's fastest growing Savings & Loan Associations and receive a handsome gift, too. | All national brand merchandise, which you will enjoy for yourself or giving as a gift. Yours merely for opening a savings account of just $250 or more. | Open yours today! | SAVE BY THE 11th - EARN FROM THE 1st Santa Item. | Soft-Wooly-Warm Satin Bound, Nationally Advertised Beacon Blankets, Full Size-Pastel Colors. | Quality Badminton Set complete with four racquets, shuttlecocks, net with aluminum posts and Official Rules of Badminton. | G. E. Heating Pad, 12' x 15', 3 Heats, Push Button Control. Removable Treated Cover - Washable. 1 Year Warranty. 60 Watts AC & DC. | Nationally known Wear Ever aluminum - your choice of 2 1/2-qt. Sauce Pan or 9-in. Fry Pan with anodized copper cover! New - Exciting! | Hellcraft Dishes - starter set, 16-pc. Sculptured White. Additional place settings available through better department stores. | Charcoal bucket with Sure-Fire Starter Fluid-Bar-B-Sorb and Charcoal Tongs. | University Federal SAVINGS AND LOAN ASSOCIATION OF CORAL GABLES Miracle Mile at Ponce de Leon