Financial institution that specializes in originating, servicing and holding mortgage loans, primarily on owner-occupied, residential property. S & L's also make home-improvement loans and loans to investors for apartments, industrial property and commercial real estate. Approximately 40% of the S & L's are federally chartered, the rest are state chartered. Federal charters are members of the Federal Home Loan Bank System (FHLBS). All federally chartered S& L's are owned by depositors and the word "federal" must appear in their title. State chartered S & L's can be either mutually owed or stock associations. They have optional membership in both the FHLBS and the FSLIC.
Brace for wood cutting, which is made of two sets of 2 x 4's which are connected in two X-shaped sections, hinged where the legs cross, and are then connected from center joint to center joint by an additional piece so that they can stand upright to hold a length of wood.
Power saw that consists of a cutting chain of a number of pinned together, flexible links, which travel around the guide bar. The inside surface of the chain have the tangs which ride in a groove along the length of the bar guide, holding the chain in place. The outside length of the chain has the cutting teeth spaced along its length. Chain saws are used for rough sawing.
Hand-held power saw that has a flat, circular blade attached to a shaft that is worked by a motor. Commonly used for construction, the cutting action of the blade is provided by the teeth on the outside diameter of the blade.
Portable power saw, with a narrow blade, which moves back and forth to make cuts. The blades which are held by a vertical collar with an attached metal shoe that rest on the work in progress, can be changed to suit the various materials to be cut. The blades of 5/16 of an inch or less are suited to cut around curves and corners and the vertical collar can hold the blade at different angles to the work, allowing flexibility to turn the blade in a different direction from the saw body.
Structural steel beam with a letter S shaped cross-section. S-beams are used for support with long spans such as basement beams or over wide openings. S-beams should always be slightly larger than the calculated size, ensuring enough strength for the weight it will support.