Evening Star Newspaper, December 13, 1924, Page 20

REAL ESTATE. LANDTITLE SEARCH DECLAREDVITAL James J. Becker Addresses Y. M. C. A. Class in Real Estate. “Purchasers of land accept title at their own peril, ahd it s therefora necessary in the interest of protecting their future holdings that they be thoroughly conversant with every- thing that affects the validity of the title or estate that they purchase,” declared James J. Becker, local title expert, before the Y. M. . A. real estate class this week. “In the carly vears of the republic littie aitention was given to titles in the purchase of real estate. Ordinarily the purchaser was fully satisfied to accept the possession of the vendor as a guarantee of good title and no inquiry was made into the past and of title began to v ers assumed cau- tion in ngs and only part- ed with their purchase money on strong assurance of title,” he said “Tiiis is particularly trae of such ngs as they are charged by law th actual or constructive notice. ¢ brought into and eventul- corporations | he sole purpose of fur the public with expert re and opinions as to fitles based scientific analysis of land records the Absolute Guarantee. speaking, the title com certliy in their cer- tificate to th s disclosed upon an examination of the title records However, th odern title eompany oper fee, fssue a title 3, which is an absolute “Generally panies merely ly the same pro 0 as ordinary policies of insur- ARCHITECTS ARRANGE SCHOLARSHIP CONTEST Nominations for Le Brun Competi- tion, 1985, Required to Be Filed by January 1. The New York Chapter of the American Institute of Architects have announced that momiuations for the Le Brun travelihg scholarship compe- tition for the year 1925 must be in the hands of the scholarship com- mittee by January 1, 1925. Nominations must be made by mem- bers of the American Institute of Architects and should be forwarded to the Le Brun scholarship commit- tee, Room 610, 19 West Forty-fourth street, New York, which will issue the program giving detalls of the contest on December 3 The scholarship was e the late Plerre L. Le Bru afford meritorious and architects and architectural draughts- men between the ages of 23 and 30 and who are residents of the United States an opportunity for at leas months of _architectural _travel study in KEurope. It carries an ward of $1,400. The forthco ing award for the scholarship will be the eighth to be held. The winners competitions were as 1912, Otto R. Eggers, ; 1914, John R. Lautenbach, 1916, Austin W. Whitt New York (no competition In 1918) in 1920, Oliver Reagan, New York, of competition, ‘A _Railroad 1922, Lewis H. Pries, Francisco, subject of competition, * Public Bath”; in 1823, Paul F. Simp- son, Pittsburgh, subject, “A Small Art Museum™ Otto F. Cerny of Cl Readjustment Center. blished by in 1910 to deserving Columbia should be executed in strict accordance with our District code, Many instan Becker slight in themselve: vears occasioned considerable loss of money and time to correct in order to perfect the defects that they ated in one’s title. At the next meetipg of the class the subject of “Taxation” will be discussed afford in other lines,” declared by W. I'. Richards, assessor of the Dis- THE EVENING STAR, WASHINGTON, BANKS BUY HEAVILY IN HOME MORTGAGES Trusts on Houses Claiming Larger Part of Money Yearly in Baltimore. Special Dispatch to The Btar. BALTIMORE, December 13.—The record rate at which home building has been proceéding here during cent years has its reflection in & steady increase year by year in the volume of investments in real es- tate mortgages by the mutual sav- ings banks, State banks and trust companies in this locality, Balti- more has made new records in the number of building permits each year since 1919 and it has been as- serted that there is likelthood of this recard being continued in 1925 The mutual savings banks of Balti- more had about 30 per cent of their resources in this class of-investment on July 31, 1924, and the indications are that this proportion will be in- creaséd consfderably ‘when the year end statements are published. The total Investment of these banks in this class of- security on July 31 amounted to $44,736.985, an Increase of $9,996,260 over the year provious. During the same period investments of these banks in bonds and other deseriptiong of securities increased only $31967.655, Indicating the trend toward placihg a greater proportion of total resources into this kind of investment. ortgage holdings of the 187 State CHURCH OF 14 STORIES PLANNED IN-BROOKLYN Methodists to Put Up $1,600,000 Temple in Heart.of Business « Bection. NEW YORK., December 13.—Brook- Iyn, long known as “the city of churches,” 18 to have a 14-story Method-, ist_temple in the heart of the busing section. Plans for the construction of the revenue-producing b within _the next year were anriounced yesterday by officers of the. Hanson Place Methodist | °0 Episcopal Chuich. Four floors of the proposed temple, which will Be erected at a cost of $1,600,000 on the site of the present chureh, will ‘be devoted to the audi- torfum and Sunday school rooms of the church, two floors will accommo- date the administrative offices, and eight floors will be converted Inta either offices or bachelor apartments. The architecture will_be gothic. banks and trust companies of Mary- land also bave been moving upward regularly. nk commissioner following th of October 3 Teveals that inves! ments of-this kind by these instit: tions increased '$1,098,223 compared with June 30. The total investments of this kind by State banks and trust companies on October 2 stood at §31.- 343,170. This compares with 2 total of '$29,157,338 on Decembef 31, 1828, $24,157,335 at the end of 1922 and $23,047,098 in 1921, The in rease from December 31, 1 to October 21924, was $9,296.07 S e T R built with day labor. Six large rooms, full tiled bath with built-in tub, hardwood floors. attic, spacious front and rear porches, open fireplace, hot- water heat, instantaneous hot-water heater. Cathedral Heights “The Top of the City" A Location Where Values Are Incressing 312729 38th St. N.W. Well Constructed—Convenient Lo These are two-story homes, semi-detached, brick construction, Large Lots CONSTRUCTION COSTS HIGH»ER THAN IN.- 1923 Associated Contractors’ Summary Shows No Noticeable Change in Labor Rates. Construction costs are still a little more than twice as high as they were in 1913, according to statistics com- plled by the Associated General Con- ‘8Ctors of America, which indicate & slight decline during the past month. The lutest compilations show these as holding a level at index ber 201, based upon the 1913 aver- age. This indicates a decline of two points below the figure for November of last year, No change in labor rates paid in the construction industry is noticeable in the principal centers of the country, these compilations show, the average figure remaining =t the same level it has held since July. Prices paid by constructors for materials declined slightly during November, being in- fluenced by lower figures for sand, gravel, stone and cement in several section The report of the Stats| 0! corresponding period of last ;e‘-hr! though the volume for the first 10 months. of 1924 exceeds the total for that portion of 1923 by 10 per cent. D. C., SATURDAY, DECEMBER 13, 1924. MONEY, IS ALLOTTED. NEW YORK, ~ December 13.—The board _of_education of the. Methodist Episcopal Church made the remaining allotments from its $640,000. appropria- tion for colleges, universities and theo- logical institutions of,the church yester- day at the final sesslon of its annual meeting. The report of the committee to aid stitutions was presented by Bishop E. Richardson ; that of the commission courses of study by Bishop E. H. Hughes and that of the committee on courtesies by Bishop Thomas Nicholson. Dr. L. W. Hannan of Drew Theological Seminary, Dr. H. F. Rall of Garrett Biblical Institate and Dr. Arlo A. Brown, president of the University of Chattanooga, were elected to the com- mission on conference courses of study as representatives of the bourd of edu- cation. % in- on The Rocksboro | 1717 R St. N.W. I Fiye-Story Elevator Bullding \ | { | Apartments for Rent | One Room, Kitchen and | Bath, Very Reasonable Rent i Residegt Manager en Premises | B. F. SAUL CO. Main 2100 925 15th St. N KAY-SCHNIDERKAY (0., Inc. Announce the Opening of a General Insurance Agency Under the Management of Mr. B. A. Farrell | trict of Columbia, importance of the | that convey or ef- | ularly the deed, Mr.| e St YOUNG WOMAN and executed in | wishes executive position in real estate laws conirolling | ofice, several years’ rionce hand] s whersin the prop- |fentais. coilections. insurance. Capable o Jurtediatic | aking charge. Now emploed. desirer changs cated. It IS €S| gigh 1o gonnect with Arm where there's ad that deeds con- | vamcement in the District of Address Box 40-H, Star Office DG BN TR NN A “SHADE" BETTER OUR REPUTATION FOR MAKING “BETTER" WIN- DOW SHADES HAS LONG BEEN ESTABLISHED. MAY WE ESTIMATE FACTORY PRICES o ». 830 13th St. N.W. W. STOKES SAMMONS, Proprister B R e R R BN T AR ANRNZ AT NBER g i (G Exceptionally Desirable Homes for Colored Buyers— You won't find any nicer or more comfortable Homes than these we are showing at 730-740 Fairment Street N.W. modern convenicnices and comforts—the equipmer s excellent and complete. Built oi the best ma- terials obtainable and finished in a masterly manner. Ease oi housekeeping is assured through the careful planning and practi- cal arrangements of the rooms. There is plenty of space to make vour home comfortable, but there is no excess to compli- cate your housekeeping problems. A compact, comfortable, con- venient little Home is what you are getting when you buy one of these—but if you want one you'll have to hurry. Six rooms and bath, Arcola heater, hardwood floors, front and_back porches; tastefully finished throughout. Representative in Charge Every Day and Sunday— Evenings, Too Attractive Price and Unusually Liberal Terms May Be Arranged B. B. PINN (Owner's Representative) 712 Kenyon Street Phone Col. 5817 Ihey abound in You’ll Be Happy We’ll Be Proud! For you will find our homes on fashionable “Woodley Place” contain a combination of features never before offered in the history of Washington, in homes priced so low. LOCATION: The “Aristocrat” of Washington developments. Half block from Wardman Park Hotel. 3 blocks from 18th and Columbia Road. One-half block from Beautiful Rock Creek Park. CONSTRUCTION : The best workmanship and materials that money can buy. APPOINTMENTS: . Distinctive ornamental plastering—French doors throughout, built-in mail containers, colonial fire place with radiant heaters. Three ificent exterior designs. Especially designed wall illuminations. DESCRIPTION : 8 beautiful rooms A kitchen of convenience 3 baths with showers Large attic Heated garage Cedar closeta Spacious wardrobe closets. Cold pantry, built-in refrigerator. Paved alley. 3 VALUE: By comparison, at least $3,000 more than the price asked. X : TERMS: To your convenience. INSPECT TODAY, Our Exhibit Home, 2721 Woodley Place N. W. Magnificently Furnished by The Palais Royal Heated and Open Until 8 P. M. Every Day ZJYTDU SLIAPIRO CO | 010 135 0 Briek cold storage Spacious lawns o T R e R AR e T SOLD ON EASY TERMS Open Every Day Thomas J. Lane, Jr. Owner and Builder 47 M ST. N. Franklin 4698 A0 A A MR V22 ATHIRHSN 4O OLASR L AOARR L g'mummmmmm, AT J ust Completed— New Bungalows in Brookland at 10th and Irving Sts. N.E. Extraordinary Good Buy Z Corners—With Large Yards Open Fireplaces Built-in bath tubs. oak floors over entire house, hot- water heat,. low radiators under windows, built-in re- frigerator, ironing boards, clectric floor plugs in every room, large cellar and attic, laundry trays, Pittsburg automatic “hotswater storage. 3 porches; in fact, the most modern® and- complete bungalow to be had. See these Sunday—open for inspection Sunday and daily. Sample house heated. For terms and further particulars see representative on the premises or phone M. 4985. Joseph C. Zirkle Owner and Builder 203 Colorado Bldg. TS S i Ri IR IR K A Home in which you'll take pride After you have inspected these new Homes of ours in North Cleveland Park, you'll feel you have at last found pre- cisely what will please you in every re- spect. - 4315 39th St is the Sample Home We built them—planned them for com- fort; finished them effectively. It will provide living at its best. ; Six Rooms Sleaping Porck Bath Slate Roof Hot-Water Heat Big Closets Separate Hot-Water Heater Double Oak Floors and & Separate Garage Open for inspection every day " and Sunday ; Price—A bargain Terms—Accommodating Location—The best Our Mr. Hamilton is in charge of the Park Office, at 4301 39th St. If you wish a special appointment. phone him at Cleveland 1490. Motor out Conn. Ave., west on Albemarle St., turning into 38th or take Wis. Ave. car to just beyond the National Cathedral at Windom St.— it's but a square to these Homes. There is through car service via Wisconsin Avenue. Harry A. Kite , 1514K St Phone M. 4846 ok ok o6 11 DE 6 ok 1ok ok 1 £ * Formerly Vice President and Manager Washington Insurance Agency Investment Bldg. Franklin 513 Northeast Corner Connecticut and Cathedral Avenues APARTMENTS 2901 Connecticut Avenue and adjoining buildings— 2301 & 2331 Cathedral Ave. 1, 2 and 3 Rooms With Kitchenette, Dining Alcove and Bath — Elevator Service Representative on Premines Thomas J. Fisher & Co., Inc. Nental Agents 738 15th St. N.W. Main 6830 Kennedy Bros., Inc. Owners and Builders JAMESON-BUILT HOMES 4011-4017 13th St. NW. At 13th & Shepherd Sts. N.W. ; Only 2 Left ] Only One Square From e 14th St. Car Line Six large tiled bath, h.-wh., double floors, built-in ice box, servant’s toilet, double gear porches, wide front porch, deep lot to wide alley. ASK THE MAN WHO OWNS ONE Built, Owned and For Sale By rooms, attic, Thomas A. Jameson Co. Owners and Bullders 906 N. Y. Ave. N.W. Phone Main 5526 1521 Varnu St., Jus!‘ofi Sixteeth " 2 Baths Garage Sleeping Porches .. Open Sumlay:, Dec. 14th L& BreunanGer & S0xs BUILDERS and REALTORS Colorado Building -~ Sain 6140 8 Rooms REAL ESTATE. ~ On a Conn. Ave. Corner - in Chevy Chase, D. C. We believe this home to be the best value offered in Chevy Chase since the The 70" foot frontage on Conn. Ave. is a special recommendation to the man of fn;‘esight for real estate values. The house itself is a strikingly honest brick structure of attractive appearance and equipped ivith every modern ‘com- fort. It contains & large rooms (4 bed- rooms), 2 baths with concrete front - porch, breakfast and sleeping porches, Also, there is a brick garage. OPEN SUNDAY AND EVERY OTHER DAY UNTIL SOLD ‘No. 5337 Conn. Ave. N.W. war. (one shower). SHANNON - & LUCHY ‘Realtors 713-715 14th St. NW. - ° Main 2345 The Best Buy in Petworth ONLY 2 LEFT Inspect These Modern Homes Sunday $9,750 Terms Six large room closet space, beautiful white enameled d’ kitchen bine nerete front de rear porch. Very deep lot to wide Sax;nplei H;uéc, 518 Decatur St. NN\W. : Open Every Day Until 8 P.M. Shapiro-Katz Realty Co. Builders and Owners 1409 L St. N.W. Main 9111 Jili ol ——— 8| ——— s c—t| —] A New Group Representing —REAL VALUE— flb One Block From “Soldiers’ Home Park” 7. $9,500 Six Large Rooms = Deep Porches Front and Rear Unusually Deep Lots to Wide Alley Concrete Front Porch Reasonable Terms 1 Opgn and Lllghled - : . Until 9 P.M. * - Inspect i 2nd ST. NW. Take car marked “Soldiers’ Home” to end of line Walk North-Oneshalf Block i D.J. Dunigan, Inc. “Main 1267 5 o] ol ———alc—alal——ila]