1. The timber standing on land.
2. The value of the standing timber.
3. A license to cut the timber. [Cases: Logs and Logging
4. C.J.S. Logs and Logging § 26.]
4. The fee paid for the right to cut the timber. [Cases: Logs and Logging 1–4. C.J.S. Logs and Logging §§ 2, 6–26.]