Evening Star Newspaper, June 3, 1922, Page 15

‘ON SALT WATER —away from heat. Enjoy cool breezes 3t Washington’s excursion summer colony. Adjoins Almas Shrine Auto Club_ See the New Homes Under Construction Large Building Sites. Easy Terms Representatives on property daily and Sunday. Route: Take Annapolis pike to Walnut Tree, 22 miles from District line, turn , right to beach. Back Bay Beach Improvement Co. Frank. 6570 921 15th St. N.W. Beautifully Designed F Brick Homes Exhibit House 5305 13th St.N.W. To inspect take 14th St. car to lngrm Open today and Sunday until 9 P.M. Location is the best in the city, it will pay you to see them now. Homes of this character in such a converient location are hard to find. Come out = and see the large rooms and porches. D. J. Dunigan 1321 N. Y. Ave. N.W. Phone Main 1267 g - = g q,...llllIlllllllllllllllllllllmfllllflllflIlflllfllfllfllflllllll IO IHIHIWIN I THREE BIGGEST VALUE ae Price Conslderably Below ‘Any New = i lu A Translatlons ofb Babylon Reconds- ShoW-i Many: Startling Revelations. That mortgaging, leasing. and transferring of real estate are by no means. business developments of mod- ern times is indicated in reco: un- earthed in Babylon several years ago by an American ‘expedition, - Reporte of the translation of these records have come to. the atteiition of local real estate men. The txudltlon digging in the Nip- pur country came upon the business home of Marashu Sons, who were-the King Artaxerxes Who relgned four centuries ,beforc Christ. Tu a room deep Ifi the ruins were found more than seven hundred real estate records -impressed in clay slabs. The reading on one slab, & record of a mortgage, follows closely the verblage of the mortgage papers of today. 1t is as follo Payment in Dates. “Thirty bushels of dates are due to Bel Nadin Shun, son of Ma by Bel Ballitsu and sha sons_of Kirebti, thelr t . King Artaxerxes dates, thirty bushels, according to the measure of Bel Nadin Shun, in the town of Bit Baltasu. Their fleld, cultivated and uncultivated, their flef estate, is held as a pladge for the dates, namely, thirty bushels, by Bel Nadin Shun. Another creditor shall not have power over it."” Then follow the names of half a dozen witnesses with, their seals. It will be noted that this document, which is trust deed and note- in one, is a firat mort, e, hown by the final sentence, “Al reditor shall not have power over it.” It will be noticed, alse, that a spe- cific place, as well as time, for ment of the debt is provided, jus in our modern mortgages or m gage bonds. Interest Rates Before Christ. The amount of interest was mot stated, but on -all documents of this sort a legal rate of interest was cus- tomary, which ranged in time of i peace from 12 to 20 per cent and in time of war to almost any amount. The note matured in the month of harvest, exactly as American farmers, getting loans from their banks, have their notes mature in October and November. This is a modern mortgage as Babylonian mortgages go, for many of them have been found dating back as far as 2100 B. C., 4,000 years ago. The Babylonians were the Ame; cans of antiquity. They were a n: tion of business men, their mortga; ments being drawn with great care and along the same principles as the documents we use today. Lawyers did a flourishing busin in Babylon, as these people were fo of going to law and made alk tran: fers of property a matter of fecord. Not only did they invent morl‘llu. but leases also. Lease of Fishpond. One lease found demised a field and fishpond for the term of & year. The lessee made a first payment of one talent of silver and, in addition, as ground rent, agreed to furnish the lessor with a mess of fish for his fam- ily table every day. Another lease transferred a piece of improved property for sixty years, the ground rent being paid in advance and the ten. being guaranteed i3 agnlnnl all cl s of whatever na- . | ment was made yesterday that the be ereeted at 5016 Georgia avenue morthwest uillding was designed by Speiden & Speidenm, t has a thirty-foot frontage and an architeets, oses. I *ighty-seven-foot ‘I‘Itl. Light brick will be used in the construction. WILL CONFER ON RUSSIA. |WILL WRITTEN IN POETRY Insyrance Broker Bequeaths Estate in Quatrain. NEWARK, N. J.,, June 3.—Frederick E. Castle’s will, admitted to probate con!llll of the following forthcoming conference on the Russian N question, beginning June 15, will meet| “All my earthly goods I have in in the Peace Palace during the same store, time as the summer session of the In-| “To my dear wife T leave for ternational Court of Justice, ever more. ‘The arbitration case between the “I freely give—no limit do I fix, United States and Norway. regarding| “This is my will- and she the indemnity claims for detention of Nor- executrix.” weglan ships during the war, will be| Castle was an insurance broker. He considered late in-July. died last month, Meeting in Peace Palace at The Hague Set for June 15. 7y the Assoclated Press. THE HAGUE, June 3.—Announce- 1618 Hamlin St. N.E. This beautiful Bungalow, just one square from Rhode Island Avenue, contains seven large, well arranged rooms and bath, large breakfast or sleeping porch, hot-water heat, electric lights, hardwood floors, built-in garage; large lot with shade trees and shrubs. Priced less than cost. Agcnt on premises Sunday from 2 to 6 p.m. The Realty & Investment Corporation - of Washington 312-Homer Bldg. TR REAL 'ESTATE. |, . who shook hands with welve, Williams -lle( , who was (e y sheril ot on emmty. U ed the afpec- Inum- the l wfle lnd DEFENDANT IS VICTOR "IN ALIENATION SUIT ok the case in the $50,000 alienation it ‘brought by R. D. (Dick) Wil-|th Hams, widely known turfman. Attorney Walter Lapp, representing Willia: nnounced immediately aft- er the verdict tha® he would file & motfon and grounds today for a new diot 18 fiver:ot William . Roas, the|tris} of the case. brought in th deferidant, was returhed yesterdsy ey thirty-five minutes after the Jmfi'}:t l“l:l mflfe;l'os‘.v *If.a"h‘}‘."’%.?.’ “wrecked his Certain chemicals used in works are now said to have st curative values in cases of hu aflments. A Handsome Home at a' Greatly Reduced Price 2131 Bancroft Place Open Sunday We have just been authorized by an Army officer who has been ordered away from Wash- ington to offer this fine home for $24,000.00 To Effect an Immediate Sale Description: A four-story English basement house of brick and stone. First floor: Entrance hall, reception hall, lavatory, pantries, furnace room and kil Second floor: Drawing room, library, dining room, butlers pantry. Third floor: Three large bedrooms—two baths. Fourth floor: Four large bedrooms—two baths. WAGGAMAN & BRAWNER, INC Franklin 7485 914 Fifteenth Street N.W. A IlIiHIIIm TR IN HOME OFFERS 6-ROOM TAPESTRY BRICK RESIDENCES Home West of 16th St. Replete with the best features of construction and finish At 19th and Newton Sts. N.W. Description = Large concrete, front porch; double rear porches; hardwood fioors and trim; real open fireplace; large kitchen, with pantry and built-in re- frigerator ; tile bath, with tub, shower and fixtures built in. 130 feet deep, Creek Park. and graced, with natural forestry affording you a private ground, while overlooking beautifil Rock terraced, sodded and Eighth. Streets. A Home You Can Own For Less Than Rent $1,000 Cash Sold before completion Inspect Sample House 817 Longfellow St. N.W. A Playground 70x140 feet has been set aside for the children, this being-in the center of the square bounded by Longfellow, Ninth, Madison From'any part in the rear of the house the children can be seen’ safely at play. ! - Price, $10, 750 Terms Satufactory Convement to Mt. Pleasant Street Cars and One. §q\nre to Pu-l: Road Bm 1409 N. Y.:Ave.ffiN_‘.W;' Prlce, $8 350 smo Cull $7500 per Montll lncluclmg All lnterut. High and Healthy, Overlooking the Wooded Slopes of Beautiful Rock Creek . Heart of Old Mt. Pleasant ‘Noteworthy Features ¢ Old-fashioned wood-burning fire-place ; hardwood floors ; unusually roomy kitchen with built-in refrigerator; exceptional closet space; tile bath with built-in’ tub, shower and fixtures. Deep lot to 20-foot alley. . . - SAMPLE HOUSE 3419 Oakwood Terrace N.W. (Just North of 17th and Newton Strfib)' " ‘These homes are so ‘situated that the commandmg view of Rock Creek *"Park cannot be obstructed, and only two short squares to 16th Street Bus Iild Mount Pleasant Car Line., Price, $11,350 to $11,950 Convement Terms Can Be Arranged Coun Out Sundny Ini'l Seo For Ymmelf or Telephone Us on Week Dnyn For Auwmoblle Service Phone Main 4600