lace-bark

from The Collaborative International Dictionary of English v.0.48

lacebark \lacebark\ n.
   A small tree or shrub ({Hoheria populnea}) of New Zealand
   having a profusion of axillary clusters of honey-scented
   paper-white flowers and whose bark is used for cordage.

   Syn: ribbonwood, houhere, {Hoheria populnea}.
        [WordNet 1.5]

from The Collaborative International Dictionary of English v.0.48

Lace-bark \Lace"-bark`\, n. (Bot.)
   A shrub in the West Indies ({Lagetta Iintearia}); -- so
   called from the lacelike layers of its inner bark.
   [1913 Webster]