Mutual Company. What is a 'Mutual Company'. A mutual company is a private company whose ownership base is made of its clients or policyholders. The defining feature of a mutual company is since its customers are also its owners, they are entitled to receive profits or income generated by the mutual company.
American Elm. Elm wood is valued for its interlocking grain and resistance to splitting, with significant uses in wheels, chair seats and coffins. The density of the wood varies due to differences between species.Elm is a ring porous wood like Oak and Ash, and has an open, coarse grain that is often very irregular and wild.he color of Elm wood can vary substantially. The sapwood is typically white or grayish white. Young American Elm trees tend to have a wide sapwood and a light brown to grayish heartwood. The sapwood darkens due to staining.
Poplar is a closed-grain hardwood that has many uses. Poplar is a type of wood that is commonly used to make furniture, wood toys, moldings and paneling.ecause of this, there may be some confusion as to why poplar wood is considered a âhardwood.â Since the yellow poplar is a deciduous tree â meaning that the tree sheds its leaves annually â the wood from the yellow poplar is considered to be a hardwood rather than the âsoftwoodsâ that evergreen trees produce.