Evening Star Newspaper, September 22, 1923, Page 22

REAL ESTATE. ke, and it means fhat, idle capitalist puts his funds in t exempt securities, the working can itelist, who makes business onter- prise possible, {9 penalized. Paralyza- tiem of constructive investment is the natural result. REALTOR IS AGAINST TAX-EXEMPT SECURITIES Present. Laws Creating Privileged Class’ of Millionaires, Says DR. SWMOSEN. H. R. Ennis. EW YORK, September 22—The How present tax laws are working | Rév. Dr. Henry C. Swearingen of St to make a special privileged group |F iy, Minn.. has been elected geners PURCHASING HONE REQURESCAUTION FeGAlNG] NINE NEW o " secrétary of the Presbyterian board Wistake Easily Made in Fail- li yre to Estimate Repairs if Place Is Old. Il In buying either a new or an pld fouse the condition of the bullding and the quality of the construction Thust be carefully examined. Some fipints to be looked for are the same mkeilmr the house is new or old, but {# the old house has not been kept In ®ood condition it may be necessary {® make repairs promptly. The house fhay need a new roof, or require minting, or some rooms need re- . ilastering and others require paper- g Again, the plumbing pipes may FEbadly rusted or the furnace need weplacement. Many other improve- ments may be necessary, so that in fdaition to the first cost the pur- Bhaser may be obliged to spend from 2500 to $1.000 to put an old house in order. 1f the house is badly out of Bapair it may cost still more UWA buyer should look about the Hi¥ase very carefully to see if there A¥8 any signe of settling about the walls and foundations. The founda- fign walls should be examined for /jmckfl or leakage. The basement must be dry and have a floor drain, Indication in Plaster. ‘The condition of the plaster is a very good indication as to whether 4t not the house was well braced When it was built. Long cracks with wide openings, especially diagonal éfncks, are significant and should be Ibgked for. Cracks over large doors and windows generally indicate that the supports over these openings are 1int strong enough, and there will al- Ways be trouble at. these places Teaks from the roof or walls or #found windows and outside doors A& often revealed by stains on the piaster The doors, windows. floors and mill- work should be looked over carefully. Tio the floors squeak? Are there wide openings between the boards? Are the floors level? or. pulled away from the plastering? Do the doors swing freely? What kind of plumbing fixtures are uged? Ane they in good condition? Is the enamelware stained or chipped? Are tive fixtures of a: modern type? Care in Heating Plant. ng plant should be carefully The grates mmay not be in fon and the insulation may of place and insufficlent. In case of a house that has been one should find out whether it easy to heat in winter and how much o8] is required. Poor installations may yake it practically impossible in cold weather to heat certain rooms or even a-whole side of a house. An inspection of all the wood: i New and Distinctive Detached Houses CHEVY CHASE, D. C. 6 Rooms and Bath $9,250 7 Rooms and Bath $9,850 and $10,750 Easily accessible in a growing section. .Unusual values. Terms Can Be Arranged METROPOLITAN CONSTRUCTION CO. Phones: and velAnd 1 |e—=|o]c—=—=]o]c—=]o]c——=]a]=——1] Your Opportunity To Secure a Bargain in Mt. Pleasant 3 BUILT PRICE, $9,500 3439 Mt. Pleasant Street N.W. 2 SOLD Six rooms, bath, opem firepla perch and inclosed sleeping porch and all modern conveniences. Large lot. Big back ysrd. Representative on Property Sunday JOSEPH C. ZIRKLE 203 Colorado Building =——=o]——]o[——] Are the castings warped | ¢ | learn | Two More Opportunities to Buy LA New Brinkley Home { shingle Iying flat. This residence was designed and constructed by Middaugh & Shannon, Inc., on 32d street, near Cathedral ave- nue, for James H. Johnson, vice president of Barber & Rons. of a house, inside and outside, will tell a buyer whether he will immediately have & job of repainting. Is the paint Ulistered, peeled off or discolored? Is e varnish off the floors? Are suitable colors used? If the house is of brick or stone the masonry joints may require pointing from time to time. The roofing is apt to deterioate rap- idly. 1f the units are curled or broken, some replacement will have to be made. A shingle roof in good repalr shows the The downspouts and eaves troughs should be looked over to see if any are rusted out roofs are often indicated inside by stains on the plaster. —_— MALAYANS PLAN TOWNS. 0ld Havhazard Growth of Cities in East Abandoned. “On the road to Mandalay” they're using modern town-planning, city planners within the membership of the National Association of Real Es- tate Boards may be shaken out of their notions of eastern romance | Kuala, Lumpur, Ipoh. these | are towns with the magic of Asia in their names, but towns of rapid mod- | ern growth, nevertheless, where the | d of modern zoning practices is Sang m | i 1 LEFT ice, fromt colonial and rear Main 4985 ==t e being felt, Reade, government town planner for the Federated Malay States, headquarters, where maps are drawn for Malay town building. government office! Beautiful Cathedral Heights Selling Fast. Eight Built Two Left Exceptional Terms of Sale $1,000 Cash; $100 Month, Including All Interest TR T and a Substantial Credit on the Principal Buy Where Property Is Enhancing in Value Open for Inspection—Come Out ~ Wm. P. Normoyle 810 F St. N.W. . Main 2255 Member Washington Real Estate Board according to Charles G. whose | advice in are at the at Kuala, Lumpur. ' latest official report states. SELLING FAST! Inspect at Once Jameson-Built Homes When you inspect the many features in these homes at 230 to 254 10th St. S.E. SAMPLE HOUSE 234 10th St. S.E. —you are_convinced you have seen nothing to compare with these at the price asked. Only two squares from Beau- tiful Lincoln Park. large rooms, tile bath, hot-water heat, electric lights, cement front porch, kitchen porch, large sleeping porch, beautiful living room and din- ing room, kitchen with one- piece sink, built-in ice box, and many other extra features. L gsnnri Sold on Easy Terms Thos. A. Jameson. Co. 906 New York Avenue Six Main 5526 Open for Inspection Sunday 3711 McKinley St. Northwest | Don’t fail to see this property. A beautiful modern detached home with a very attractive lot 65x125 to a paved alley—over $1,000 in shrubbery. Exceptionally- well constructed of the finest materials, this home is a real bargain. It has 8 rooms and bath and servant’s room, built-in garage—hardwood floors throughout. Glass-inclosed sleeping porch, Targe side porch—metal weather stripped throughout and in perfect condition. Take Chevy Chase Cars to McKinley Street Moore & Hill, Inc. 1420-22 H St. N.W. EXCLUSIVE AGENTS First Time Offered 6 Built—2 Sold Before Completion Only New, Modern, Brick Homes in This Section Sample House, 1710 1st St. N.E. Tapestry brick Homes, Colonial front porch and large double rear porches. House contains 6 rooms and bath; hot-water heat and electric lights; hard- wood floors. Deep lots extending back to alley. To inspect, take North Capitol car to R Street, walk one block east to property, or phone for free auto service. of millionaires Qispropertionally, ‘or even entirely, releved of th burden and contributing no. capite) |, Dr. Swearingen, to business enterprise, was brought | House of Hope Pi out by H. R. Ennis, president-elect |2t St. Paul since of the National Alsocrfl!lon of Real Estate Boards, in an address before the seventeenth annual convention of the American Assoclation of Titlo | member. nounced today. ¥ 07, byterian Church, Lincoln, of Christian education, it was an- formerly oc- cupied the pulpit of the First Pres. eb., whioh William Jennings Bryan is a of Men just concluded at Omaha. y== Toleration in the American tax system of tax-exempt securities, Mr. Ennis pointed out, has made possible a filght from taxation on the part of ‘the men® whose incomes come within the highest taxation brackets, The evil of the withdrawal of capital into tax-exempt securities has tw sides. It means that the time . rapidly approaching when many of the richest men of the country will be entirely relieved of the burden of taxation, throwing back the welght of the avaided tax on the rest of the population, rich and poor Fundamentals of Real Esf Pra Admission by card only 1786 G Bt. N.W. ctice and Allled Subjects. Class Begins October 9. Y. M. C. A. COLLEGE Main 8250 Governments of Negri Sembilan and Pahang have asked'for town planning development of the new towns growing up along_the trunk line of rail to Kelantan, Mr. Reade's e APARTMENT FOR SALE Located near Wardman Park Hotel on Connecticut Avenue. Contains 19 apartments ranging from 2 rooms and bath to 5'rooms and bath. This is a sound investment and will show an excellent return on your money. Rents for over $18,000 yearly with small expense to operate. Call Mr. E.J.Kyle BUSINESS PROPERTIES DEPARTMENT William S. Phillips 15th and K Streets N.W. Phone Main 4600 o L A L oA AP PO LI Ot COLORED 1008 Fairmont St. N.W. $6,950 6 Rooms and Tiled Bath Hot-Water Heat All Modern Conveniences and Improvements OPEN FOR INSPECTION Saturday, 6 to 9 P.M. Sunday, 11 AM. to 6 P.M. Salesman on Premises The Refllty and lnvefstment Corporation o Washington 735 13th St. N.W. 312 to 324 17th St. SE. (Near New Eastern High School) Terms rean | 350 | 5500 Cash $7,§00 4 Left | $65 per Mo. We do not believe you can duplicate this value in Washington under $750 additional cost. They are priced for. quick sale, and terms are right. / - DESCRIPTION Tapestry brick, colonial style, 6 large rooms and FULL tile bath: Hot-water heat and gas heater; electric lights; hardwood floors; front and double rear porches: deep yard to-alley. Detroit Jewel ranges; single panel birch doors. Handsome electric fixtures.. Cellar under entire house. . Open Today and Sunday HEDGES & MIDDLETON, Inc. Realtors ; 1334 H St. N.W. IR, N N N N N N N N N N N N N N N N N N \ N N N N N \ N N \ N N \ \ N N \ N N N N! N N N N N N N N N N N N N N N N N N e O S 2 B 2 e e gt il COLONIAL HOMES INSPECT TODAY Open and Lighted Until ' 8 O’Clock P.M. 99 to 107 R. 1. Ave. N.E. Rhode Island Ave. East North Capitol St. $1,000 CASH—$85.00 MONTHLY INCLUDING ALL INTEREST Six Rooms and Bath Refrigerators Hot-Water Heat Spanish Tile Mansards Electric Lights Stonewall Parking Ln'r e Lots to Alley Built-in Garage Win Shades 30-ft. Public Parking Side-Oven Gas Ranges Not in the history of our organization have completed and offered for sale Homes so the ougly distinctive and so detailedly complete Every. feature suggests artisticness, and throughout the entire scheme of design and type of construction has kept one idea uppermost comfort. 3535, 3537, 3539, 3541 Edmunds St. Massachusetts Ave. Heights Two of them—3501 and 3507— four occupying the entire square double garage of consistent design. are corners ; each wit The Home pictured is 354]1—corner of 36th— has eight rooms, with three baths. Stone foundation; slate roof, artistic stone fire- place. Large Living room on one side and spa- cious Dining room on the other side of the attrac- tive center hall, with its truly Colonial stairwav. The Kitchen is unusually large and well lighted —and between the Kitchen and Dining room is the 3utler’s Pantry, with enclosed dressers and silver sink On the Second floor are three handsome sle ing rooms, with ample closets; a big linen with wardrobe shelves and drawers below; sleep- ing porch; clothes chute from sccond floor hall to laundry in basement, On the Third floor are two very attractive sleeping rooms, one with lavatory : acd ample stor- age room, $ In the basement is the American Radiator Co.’s best type of Hot-water Heater, with the lates heater for bath and kitchen water; day laundry, and the servant’s toilet, with bath Every decorative detail is in the best taste and of the best quality—\wall decorations, electric light- ing fixtures, etc. They are unusual Homes—full of the little and important details that charm and delight—and without are wide Jawns with artistic foundation planting. | Open for inspection—every day and evening Turn into 36th street from Mass. Ave. It's but a step from the Wisconsin Ave. cars—and the most agreeable motor concourse into Washington's suburbs *Kite Built” Harry A. Kite (Incorporated) 1514 K Street Phone Main 4846 Member Washington Real Estate Board