What activity is taking place in stanza one of the axe wood?

In stanza one of the poem "The Axe" by Douglas Malloch, the activity taking place is the speaker's contemplation of and appreciation for the axe. The speaker begins by introducing the axe as "a thing of beauty," highlighting the craftsmanship and symmetry of its design. He then describes how the axe has been "tested true," suggesting its reliability and effectiveness in performing its intended function.