Marking tool

A carpenter pencil tool comprising:

• a holder extending along a longitudinal axis between a first end and a second end, the holder comprising:
• a body comprising:
• opposing side walls;
• a plurality of openings extending through the opposing side walls of the body;
• a cavity;
• an opening connected to cavity and positioned at the first end;
• and
• a recess defined in an outward facing surface of the body;
• a carpenter pencil comprising a tip, the carpenter pencil positionable within the holder;
• wherein, when the carpenter pencil is in a holding position, the carpenter pencil is positioned within the cavity of the body, and wherein, when the carpenter pencil is in a compass position, the carpenter pencil is positioned in the recess.

A carpenter pencil tool comprising:

• a holder extending along a longitudinal axis between a first end and a second end, the holder comprising:
• an opening at the first end;
• a cavity connected to the opening;
• a plurality of openings extending through opposing side walls of the holder;
• and
• a recess defined in an outward facing surface of the holder;
• an adjustment mechanism comprising:
• a slot defined in a wall of the holder, the wall extends between and connects the opposing side walls;
• and
• a slide button extending through the slot;
• and
• a retention component positioned within the holder;
• and
• a carpenter pencil comprising a tip, the carpenter pencil positionable within the holder.