Evening Star Newspaper, September 10, 1927, Page 15

REAL MILLS DESCRIBES ESTATE weth. $47.600,000 IN FIRST TRUSTS 1927 REAL ESTATER "% THE EVENING STAR. TASAINGTON. D. €. SATURDAY., SEPTEMBER 10, D. C. REALTY BOARD TO VOTE OCTOBER 10| BALTIMORE ‘HOME WEEK.’| | | Good Housing for All People Is Aim of Movement. - Jefferson Ford With Walker. | Jefferson L. Ford, formerly sales | manager for the firm of Edward L.| rr, now is associated with the office Curtis Walker, realtor. located | board. This eommittes will consider | the various nominations for officers of the board when they come up for elec- tion. At the annual election meeting | ¥ reports of the committees and officers | o CANADA SHOWS GAIN. Building Permits Stay Higher Than Last Year's Mark. RECORDED HERE IN 4 MONTHS 512 K street, it was announced to- | day. Mr, Ford will specialize i | change of business property & developed acreage. Although Canadian building permits | | for July showed a seasonal decline of | 11008 the 63 leading cities are still | er, vice president % |ahead of the first seven months of | : M. : By the Investment of a few hun |last year, according to figures made : dred—maybe a few thousand—dollars | public yesterday by S. W. Straus & nd | in remodeling, your home can be made | Co. | entirely modern, a genuine nnmcllnml The total In 63 cities for July this of the executive committee | of far greater vahie when being sold | year was, according to Government re Donohoe, Jesse H.|and much desired when it comes to|ports, $16511,011, making a total of and Claud Livingston. | renting. 1507,957,430 for the first seven months, of the board, with reference to the Special Dispateh to The Star, past year BALTIMORE, September 10.—Next “E0.EASY" ORDER z week will be “Own Your Home week" 1 |Capital Survey Shows But 1!/2 Per Cent Have Been Foreclosed—Total Mort- | i i s witt gages Cover $61,000,000. i skl In designing | Annual Election Will Be Held at| } Hotel—Associate Division One Week Earlier. Frequently Warned From| Capital, Says Ex-Dry Chief. Calls Agents Sycophants. the period as one in all_citizens to give aind study to home declares: all the people is | rental d of ip is will hold its annual clect day. October 10, at the W Hotel. The associate di board will hold its elections a week prior to that time. Under the new by-laws of the organi- tion a nominating committee, con good housing and public sisting of H. L. Rust, chairman; Harry home owners are never | K. Boss, J. C. Weedon, Lee D. Latimer but always the defenders of {and Charles S. Shrev institutions by the executive B e i i Colonial Homes Fifth and Kennecly Sts. N.W. Sample House, 511 Kennedy ownership, “Good housing for a continuing fun civilization, and home own one of th atest contributiol | Official land records in the District| under the first trust by agreement v Ul s ¢ p ol { of Columbia show that deeds of trust | With the holders of the second, or | junior, encumbrance on the property, By the Associated Press, | securing as first mortgages a huge|and therefore would mnot indicate o NEW YORK, September 10.—Three- | sum of more than $47,600,000 have |default in the payment of the note or fourths of the 0 Federal prohibi- [ been recorded here during the past ,z"m:s‘ -;flcun’{"!‘ by ‘lhct first dm’tg of 3 - States are | foUr months, exclusive of several |trust. In other instances where g rigbg i | e James P. Schick. | title to the property had hecome in- ward heelers and sycophants recom- | ovacytive secretary of the Washing-|Volved since the placing of the first mended by polit s, in the opinion | ton Real Estate Board, reported today | d¢¢d of trust on the record fore- of Chester P, Mills, former Federal |in making public the results of a com. :‘llnflull"qr\\m'e resorted to to clear administrator of the sccond Kederal | prehensive survey of the mortgage lfl:i‘-‘;crfc“}:m“':a}_‘:“;'r I}n“‘\?"{’} S";;'; loan business in Washington. fooe iy e Rt district. : e Of this fotal fizurg $30.800,000 rep-| SCNE {8 a_very small percentage of Writing in the September 17 issue| yocents' loans madd from ' general ARG L e L LR of Collier's Weekly, Mills asserts that | sources, including loan trust com. [ Ut he was inducted into the servee on the | Panies and individuals, and the re- Defaults Not Always Willful. S5 e mainder from building associations| wp o assurance that politics would play no | FARIEr Lom BUUCRE, S0 uring this part in enforcement, but that he was i hounded by Government and boot- leggers' spies, harassed by polit and third ¢+ Very Few Foreclosures. e = ont | PEriod While the investment of this great | [0 and so frequently warned from Wash- i ington to “go easy” with the politi indication of [ ¥ © vashington ber fcont clans that he soon found himself ham- . Schick states in addi strung and finally was driven out of | tion that out of a total of 3,678 first office by the politics that were to play | mortgages recorded here during the no part in his work. {four months there were but 57 fore- « Giving his version of his dismissal | closures, or about 1% per cent. and his views of the status of en-| In addition to the $47,600,000 se- forcement, Mills say. cured by first mortgages here from “Prohibition, as present opera-| May to September, second and third tive, is a party spoils system. Three-|{deeds of trust have been filed in the quarters of the 2,500 d gents are | District of Columbia securing loans ward heelers and’ sycophants, named |amounting to approximately $13,- by the politicians, and the politicians, | 500,000. The total mortgage transac- whether professionally wet or profes: | tions during this period, according to sonally dry, want prohibition because | the survi they regard prohibition as they re-|[on W gard postmasterships—a reservoir of | in exce: jobs for henchmen and of favors for | friends.” Mills say€that in many cases politi- cal influence prevented prosecution of | 5 cases in which the evidence was sound and that when he went to Washington to dscusis matters he told “let’s talk patronage.” He learned, he wrtes, that the entire service is honey- combed with spies and counter spies and that to rub the fur of the pol ticlans the wrong way was to ris dismissal. Big Land 'Enet Insured. What is believed to be one of the Jargest parcelsf of land ever covered by title insurance has just been in- sured by the New York Title & Mort- gage Co. The policy, which guaran- tees 33 separate titles, covers a camp site of more than 11,000 acres of ter- ritory, recently purchased by the Boy Scout Foundation of New York for a|ment of the notes secured. In some price understod to be about $300.000. ' instances the foreclosures were made 1 - e . ] : i j oo @ Offered for the First Time - = - e R il AR | . Gallatin and Fifth Sts. : FIrSt Tlme Offered : One of thNeol;::l:;:slt-lomes in Jameson-Built Homes |§ BUY WITH CONFIDENCE—BUY A DUNIGAN ALL-BRICK HOME Fifth St. Northwest At Farragut >, has been named committee of the P GRY ame period second s were recorded to the 0. 3,33 d during that he foreclosures secured in numbered 144, or about 4 Considering the 1 I homes which have been onveyed in years past on small cash payments and b in moderate _circumstances, this per- centage is regarded as small. De. faults in payment of notes secured by mortzages do not always occur willfully. “~aking into consid fact that during thi over 7,000 deeds of have heen recorded and only 200 foreclosures which is only about 3 per cent on v Cthus tvolved the secusing | I classes o securities, it would ington real estate of a sum | ostate mortgage secu i t?\g ;n” s of §61,000,000. trict of Columbia i : All Not Due to Defaults. “The investor, of course, is always concerning the repayment of and it is therefore interest- ing to consider the percentage of foreclosures which indicate the like- lihood of the repayment of the money which has been borrowed without legal process,” he number of been record- Features: These homes are twenty feet wide with six spacious rooms, tiled baths, built-in tubs, concrete front porches, one-piece enameled sinks, pantries with built-in refrigera- tors, hot-water heat, kitchen cabinets, large porches. Auto- matic storage heater, servant’s lavatory and wash trays in cellar. Paved Street and Alley Lot 20x142V, feet Price, $9.500.00 Convenient Terms Floyd E. Davis Company Main 352-353 733 12th St. N.\W. IR R eI R RRIR R R R R R RIR very 6 Large Rooms ¢ 3 Roomy Porches Tile Bath with | Shower Concrete Street & Alley ation the fact hort period ES Bvery One Completely Insulated With CELOTEX The Insulating Lumber—No Extra Cost Open and Lighted Until 9 P.M. Mr. Schick states. instruments which hav ed from May 1, 1927, to August 31, 1927, 1s as follows: First deeds of trust, or trusts which are usually referred to as first mortgages, were recorded to a number of 3,678, and during the same period of time the foreclosures under first deeds of trust totaled 57, or about 1% per cent. “An investigation of these fore- closures indicates that .they were not all the result of default in the pay- 5002 5th St. N.W. g Sample House BUY WITH CONFIDENCE—BUY A DUNIGAN ALL-BRICK HOME PETWORTH ‘13,950 Now Ready for Inspection 6 Sold While Under Construction MASSACHUSETTS AVENUE PARK 3109 Cathedral Avenue OPEN SATURDAY AFTERNOON AND ALL DAY Sl'.'\'D;ll" 8 Rooms * Tiled Bath with | Shower Extra Lavatory Insulated with Celotex & Clea 2-Car Brick Garage Spacious Porch Automatic Water Heater e Large Lawn—Shrubbery In a section noted for its distinctive homes end natural woodland surroundings, yet convenient to Woodley Road and Connecticut Avenue bus and street car transportation. The house is of brick construction, Colonial type, center-hall plan, containing 12 rooms and three baths. lIts placement on the large lot, which is attractively landscaped, is such as to afford spacious grounds in the rear. To the left of the large center hall is the commodious living room with open fire place, communicating with a large inclosed porch, handsomely tiled. To the right of the hall is the dining room, connecting with a separate breakfast room which overlooks the rear lawn. Kitchen, pantry and lavatory. The second floor features one large double bedroom with beautiful open fireplace and three other bedrooms, with intercommuniccting baths. Large screened sleeping porch. The third floor contains two excellent bedrooms and bath. Equipment includes large Frigidaire plant and oil burner. Two-car brick garage with extra room above. This home is designed for the discriminating person who demands comfort as well as beauty at a cost commensurate with value. i YOUR INSPECTION C ORDIALLY INVITED MARLOW-BEECH CORPORATION 1615 Conn. Ave. Potomac 6167 Inspect at Once BUY WITH CONFIDENCE—BUY A DUNIGAN ALL-BRICK HOME 6 large rooms, tiled bath with built-in tub, h.-w.h., elec. lights, hardwood floors and trim, built- in ice box, 1-piece sink, servant’s toilet and other extras. Each house has a garage. There Are Only a Few More Gallatin St. Homes Southern Exposure—135-ft. Lot '8,950 6 Large Rooms Tiled Bath with Shower 32 Ft. Deep 625 Gallatin St. N.W. g Sample House BUY WITH CONFIDENCE—BUY A DUNIGAN ALL-BRICK HOME Easy Terms “Ask the man who owns one” For Sale by s Thos. A. Jameson Co. Owners and Builders 906 N. Y. Ave. NW. Phone Main 5526 Exclusive Agents Concrete Street and Alley | 3 Roomy Porches Beautiful Lawns and Shrubbery Near the Bureau of Standards A Few More of These Popular Detached and 6,950 Semi-Detached : | Petworth Homes Brick, Stone and Stucco Seventh St. Northwest At Hamilton Large Bath Built-in Refrigerator Miller-Designed and Miller-Built Homes 5001 13th Street N.W. A DETACHED CORNER RESIDENCE At 12th and.Farragut Streets This Shannon & Luchs built shingle dwelling contains a large living room with a delightiul open fireplace, a very ample dining room, a handy club room, a modernly equipped kitchen, three bedrooms, a tiled bath and many closets. It has a slate roof. The floors are of hardwood. Hot-water heating system. The large corner lot is most beautifully planted and extends back to a paved alley. There is a garage to match the house. Conveniently located to schools, 14th Street car line, churches and shopping district. 6 Rooms, 1 Bath......$13,250 6 Rooms, 2 Baths......$13,950 7 Rooms, 2 Baths......$14,750 Big Front Porch Double Back Porch £ An Ideal Home at a Moderate Price 2 2 Open Every Day From 2-9 P.M. Sundays, 10 A.M. to 9 P.M. Sample House 5114 7th St. N.W. Every Effort is Made to Meet the Financial Requirements of All Desirable Purchasers D. J. DUNIGAN, . 1319 N. Y. Ave. Main 1267 Exhibit House 3732 Van Ness St. N.W. These homes, located on lots 134 feet deep, completely bordered with hedge and sodded, and with garage to match house, are constructed of the finest materials that money can afford and science develop. They are built of brick, stone and stucco over metal lath; have slate roofs; copper downspouts, gutters and flashings. We believe that the d: minating public now demanding homes of fine construction and artistic and practical design will have their desires gratified in these new MILLER-BUILT homes. Within a couple of blocks of Devonshire Downs are public and private schools, churches, stores, a bank, ete.—everything a community needs for its complete convenience—handy, yet far enough removed not to disturb the quiet of home. Devonshire Downs is located in that charming region of extending Washington just north of ‘Cleveland Park—at Wisconsin and Van Ness St. N.W. Bullders Mo AdlLilliller | Rt 1o ~17 st Main 1790 Open Sunday for Inspection THE OWNER IS LEAVING THE CITY HENCE THE BARGAIN PRICE $14,500 BUY WITH CONFIDENCE—BUY A DUNIGAN ALL-BRICK HOME 1435 K Street Leaders in Fine Home Construction Since 1912 A k 73