Evening Star Newspaper, August 2, 1930, Page 14

B2 REA PRESIDENT LAUDS |Gables Lend Int BUILDING AND LOAN Tells Convention Employment Stimulated by Money Used for Homes. (Continued From First Page.) 1930 there continued a gradual but steady improvement. Assoclations which meet, the withdrawal demands of share- holders began to liquidate their indebt- edness and many resumed the making of mortgage loans. In the second quar- ter of the present year the associations did a fair volume of business under more established conditions. Many States Report Improvement. “California, for the first half of the r, reports an improved demand for oans over last year. Ohio, Wisconsin, Minnesota, Oklahoma (except in the northern part), Idaho, Iowa, District of Columbia and most of the States in the Eastren sections report improved receipts with less withdrawals and an adequate supply of funds for all pur- - poilere the league secretary-treasurer sugges.=d that these institutions be re- quired in the future to create Teserve organizations or create other more am- ple reserves to meet periods such as the one last Fall, and stated that New Jer- sey had recently passed an act which will require building and loan associa- tions in that State to invest a certain sum annually as a liquid reserve to meet such emergencies. Touching on all types of construction being undertaken throughout the United States, the speaker stated that con- tracts for residence construction award- ed in 36 States in th hree months of 1930 were down 4¢ ; nt as com- pared with 1929, T contracts awarded for all classes ol construction for the first quarter of 1930 fell off only about 14 per cent, and for the first half of 1930 residence construction con- tinued nearly 50 per cent less than the amount shown for the conupondinfi period of last year, but contracts for al classes of construction improved some- what during the second quarter, so that for the first half of the year all con- struction was off only 12!; per cent over 1929, Gives Detalled Figures. In giving detailed figures on gains in assets by States, Cellarius sald New Jersey showed the greatest gain, having added $119,074,037 during 1929. Penn- sylvania made a gain of $59,943,656 and Ohlo $46,145,259. Other States making s in assets of $10,000,000 or more or the year were: Wisconsin, $31,162,- 283; Iiinois, $28,495,532; Massachu- setts, $27,516,610; Texas, $23981515: New York, $20,680,594; Missouri, $19,- 224,363; Michigan, $18,466,603; Indiana. $14,047,877, and Kentucky, $13,367,294. Periodic surveys of the building and loan business, which will include studies of the demand for mortgage money and the forecasting of demand for homes, will made as the result of recom- mendations of the executive committee :i the United States Building and Loan ague. Herbert U. Nelson, Chicago, executive secretary of the National Association of Real Estate Boards, addressed the com- mittee on work begun July 1 by four large organizations, the first to study the economic aspects of present-day tax problems. The organizations are the Real Estate Association, the Building and Loan League, the National Associa- tion of Building Owners and Managers, and the Mortgage Bankers' Association America. Tax Problem Siudied. Beveral sides of the problem of the tax question, including whether or not State income taxes are a solution of the heavy burden now imposed on real prop- erty owners, are being studied by this committee, which represents financial institutions with assets and resources of billions of dollars, the owners of real estate and the owners of commercial ‘buildings throughout the country. REAL ESTATE BOARDS WILL ORGANIZE OWNERS Effective Voice in Legislation Is Desired for Property Holders, Association Declares. At present more than 70 local real estate boards in 32 States and in Hawali and the Province of Ontario are or- ganizing or considering the organization of property owners’ divisions with view toward affording property owners throughout the country an effective voice in legislation bearing upon real estate, according to the National Asso- ciation of Real Estate Boards. ‘The association, at its recent Toronto convention, went on record as favoring the “three-way membership” for the property-owner member, a plan which inciudes afiliation with the property owners’ divisions of the local board, the State real estate association and the had borrowed from banks to | Si&n. L ESTATE. House of Five Rooms Is Planned for Lot 30 by 100 Feet. Stucco on Wire Lath May Be Used as Material If Desired. | Its many gables lend an_interesting sithouette to this home of English de- . It is a small, five-room house, planned for a narrow lot measuring about 30 by 100 feet, although it will look better on & hr,;r piece of land. Brick painted white is the ideal con- struction material, but stucco on wire lath also may be used if desired. The woodwork should be natural gray, weathered, and copper leaders and gut- ters should be used. Most of the color in this house is in the roof, for the shingle tiles are meant to be red, purple and orange in color. The living room is the and with its fireplace the most attractive in the house, closely seconded by the din- ing room, with its outlook on the porch. On the second floor the two bedrooms have excellent cross-ventilation, and the bath is centrally located, while closet space is ample. The windows of the living and dining rooms both have a desirable southern exposure, if the house is placed accord- ing to the architect’s plan. THE EVENING s eresting STAR, WASHINGTON, e Silhouette DO to Homel People who think that the independ- ence of women is something new will be interested to learn that women could own property in their own right 2,000 years ago in the Greclan city of Gor- tyna, on the Island of Crete. The conveyancing or transfer of prop- erty had well defined rules for the pro- tection of the property owner in the laws of all the ancient legal systems in the world, according to Dr. John Henry western University, Chicago, acknowl- edged authority on legal contracts, who has just published a three-volume book entitled “A Panorama of the World's Legal Systems.” Dr, Wi spent 10 years on this work, the of its kind to be attempted. Arabic Deed Dated 1500. The longest real estate deed in the world, recently discovered, is written in Arabic and dates from the 1500's, says Dr. Wigmore in his chapters on the Islamic or Mohammedan Legal System. This deed, which established a trust in favor of the grantor's heirs and freed- men, is in the Khedivial (Royal) Li- brary at Cairo. “Conveyancing of property in the well eomparable with that of the mod- ern Anglican system, not only in the standard forms but also in the tech. nical concepts,” says Dr. Wigmore. “The ‘wakf’ or trust * * ¢ exhibits the remarkable juristic instinct of the Arab thinkers. In the ‘wakf’ they invented a legal concept which equals, if not ex- cels, in originality and practical utility, lican trust; it combines the of trust, family entail and chari- table foundation. The grantor trans- fers the bare legal title to God, and points an administrator to manage property for the beneficiary; thus there transaction. This are four parties to the n. expedient has proved so fiexible and so popular that in the Ottoman Empire three-fourths of the city lands were held by this tenure.” The Koran, the great bible of the Arabs, the “Word of God,” written by Mohommed in the sixth century, is the source of Islamic law that still governs 250,000,000 people. Made Alms With Property. At present in this country, land for- mally dedicated to public use can never be used for any other purpose. Over & thousand years ago, the Prophet Mo- hammed Wwrote: “Ibn Omar relates that Omar, in the lifetime of the mes- senger of God, made alms of one of his properties called Tsamgh, which con- sisted of a palm-grove. Omar said: ‘O messenger of God, I possess a property which is precious to me and 1 would make alms with it The prophet re- plied: ‘Give it in alms but provide that it shall never be sold nor given away nor divided among heirs, but the fruits of it shall be used’ So Omar made alms with the property, dedicating it to the use of the holy war, the ransom of slaves, and the support of the poor, of guests, of travelers, and of kindred.” On the distribution of an estate the Koran, sect. IV, verse 12, says: “God National Association of Real Estate Boards, and provides a means for ex- pression of the interests of the property owner in local, State and national legis- lation. . HEAVY INSTALLMENTS HELD FAULTY BUSINESS League President Declares $4,000 Should Be Home Limit for Men on Salary of $175. A man earning $175 a month cannot safely to pay more than $4.000 for & home, including the site, garage, lawn, shades and linoleum, R. Holtby Myers, Los Angeles, Calif., stated at the open- ing session of the annual convention of the United States Building and Loan League, held this week. Myers, who is the first vice president of the league and president-elect for the coming year, scored the businesses that get the public to undertake installment ayments and other obligations too eavy for their incomes. He said that the good building and loan officer will not permit a famliy to %n‘demke the OPEN SUNDAY 2 to 5:30 P.M. 1529 East Capitol Street Oil Burner—Frigidaire Thos. E. Jarrell Co. Realtors 721 10th St. N.W. National 0765 ELEVEN BUILT! —TWO LEFT— Beautiful 13th St. N.W. (Sample House, No. 5743) g Don't miss this nity to secure one of ‘modern homes in one of the finest loca- tions in the city. 8 rooms, 2 baths, 2-car garage, large front and back yards, stone retaining ‘walls, & full 20-foot house. Many added features. Drive out Sun- day and settle the home problem. Waple & James, Inc. 1226 14th St. N.W. North 0962 bids that, in distributing an estate, a son receive as much as two daughters; if only daughters remain, and more than two, they receive two-thirds of the estate; if onl the half. Father and mother if there is a child; if none and parents take, the mother has one-third; brothers survive, the mother takes one- Mxt'l"u pru\&dlzd that legacies and debts rst paid. In the eighth century the use of writ- ten deeds had spread northward from Italy; but the deeds were in Latin and were prepared by a scribe, and usually neither the grantor nor the grantee could read the people at that time. New Built by C. W. Williams tuUres. 120-ft. WOMEN PERMITTED TO OWN PROPERTY 2000 YEARS AGO Conveyancing Had Well Defined Rules for Protection in Laws of All Ancient Legal Systems. Wigmore, professor of law at North- |in Islamic system reached a development | LAl | By the Assoclated Press. Almost Unbelievable! in Marietta Park ‘8,350 _Exhibit Home—624 Madison St. Advance showing of a new group of homes that are positively with- out equal at the price. Seven rooms (4 bed rooms), tile bath, oak floors, cedar closet, electric refrigeration, garage, deep lots, many other fea- Facing Government Park and boulevard—near two car lines, schools, stores, etc. Sunday. For Sl}e by A. H. P 1200's, few of the nobles and large land- owners could write more than their names; much less could they write Latin. In a deed of AD. 757, one of the oldest extant deeds north of Italy, the grantor does not even sign his name; the earliest signatures by grant- ors do not appear until the 1300's. ‘The conveyancing was chiefly in the hands of the . ‘They had come to own_possibly one-half of all the lands Christian Europe, through numerous plous bequests, and they were naturally expert conveyancers. A deed dated AD. 757, bequests three large estates to the Monastery of 8t. Gall in Switzer- | land, “for the remission of my &ins.” The oldest private instruments in Europe north_of Ium; at the Mon- astery of St. Gall. deeds date no further back than the 700's, so & deed executed in Japan in August, A.D. 748, is considered quite antique. It gives the area of a piece of land sold by one | Uji-no-sukune Okuni to the family of the lady Minami Fujiwara. The deed states that this is residential property and has on it two houses; it gives the exact location of the property and fur- | ther states that the papers have been filed in the office of record—a procedure necessary in this country today in the transfer of real estate. A record of a mortgage loan, also from | Japan, made out in the states that “a shingle-roof house on one lot of residential land” is the security for the loan which will be repaid with interest “on receipt of my wages.” In China during the Ming dynasty, about A.D. 1400, the minister Yung Lo framed a new genersl code and on this code was founded that of the next | Manchu dynasty, the Tsing, some two | centuries later. This Ta Tsing Lu Li or | Code of Tsing because law about AD. | 1650, and endured until the revolution | of AD. 1912, EX-DICTATOR TO FACE | OLD CRIMINAL CHARGE Lithuania Reopens Case Against Waldemaras Involving Alleged Misappropriation of Funds. RIGA, Latvia, August 2.—Lithuanian dispatches yesterday reported that the reopening of criminal proceedings against Prof. Augustine Waldemaras, | former premier and virtual dictator of | Lithuania, has been announced by M. Kalvoitis, prosecutor of the Lithuanian | Supreme Court. ! The charge against Waldemaras, who | g Yl;crnlly xex};):‘l'l‘;d‘ from Kovno, is | e old_one o misappropriated 50,000 Denish kroner (about :fa,luo) in the early days of Lithuanian inde- | pendence, when Waldemaras was nego- | tlating with the Danish government at | Copenhagen, e specific allegation is that the | fallen dictator gave an unsatisfactory | account, of his expenditures during the | mission. Proceedings were _started ageinst him on this account in 1921, Iit for_various reasons were postpone: THE ARGONNE 16th & Columbia Road N.W. Living Room, Dining Room, Kitchen, Reception Hall and 2 Bed Rooms REASONABLE RENTAL ELECTRICAL REFRIGERATION 7-Room Brick Inspect Open daily until 9 P.M. Col. 1780 ADVERTISING GAINS ARE DEMONSTRATED Building and Loan Association Policy Shown to Have Borne Fruit. ‘There appears to be a direct connec- tion between advertising by a building and loan association and gain in re- sources of that association, Clarence T. Rice of Kansas City, Kans., reported at a meeting of the advertising division of the United States Building and Loan League this week. Reporting on a study of building and loan associations in eight States, in discussing the advertising budget and plans for $1,000,000 associations, Rice stated that the organizations that use advertising showed big gains in re- sources. For instance, he reported 13 $1,000.- 000 building and loan associations in Arkansas showed gains in resources to- taling nearly $5,000,000, with advertis- ing costs of $23,400, ost per $100 of growth of 48 cents, ‘A $1,000,000 assoclation can safely spend 2l per cent of its gross earn- ings for advertising in order to show the public the sound and attractive fea- tures of building and loan investment,” the speaker declared. GEORGIANS REQUEST REWARD FOR SLAYER Montgomery County Group Asks Governor to Put Price on Killer's Head. By the Assoclated Press. SATURDAY, AUGUST 2, 1930. BALTIMORE EVICTION RECORD IS BROKEN First 8ix Months of Year Show Greater Number Than in 1920 on Court Books Special Dispatch to The Star., BALTIMORE, August 3.—Evictions and five-day notices to move because of non-payment of rent, issued during the first six months of this year, exceed the figures for 1929, officials of the People’s Court here report. Judges and constables attached to | the court said the usual decrease in | the “poverty cases,” generally experi- enced in Summer, was not noticeable this year. Instead, they said, the num- | ber of eviction cases continued to mount daly. Judge Sherbow explained the five-day | notice law which, he said, exists only in Maryland. In cases of a renter not | paying and not holding an agreement of more than 60 days or a lease of more than two months, the landlord, he ex- plained, on the day following the day the rent is due, can obtain a notice for the price of 90 cents. This notice is tacked to the front door of the residence. Two days later the man is hailed into the People's Court and an agreement, is reached or he confesses his inabllity to pay. Three days later his furniture may be placed on the sidewalk. Five days after the rent is due the man may be homeless. Figures submitted by Chief Constable Doyle showed, during the first six months of 1930, 11,735 five-day notices were issued, against 9,140 for the corre- sponding period of 1929, ‘Whereas the usual eviction rate was 10 a week, it was explained, the eon- stables are now setting out the furniture of between 35 and 50 families each week. Rent cases, which formerly numbered 35 to 50 a day have soared to about 120 a da; U. 8. Walnuts Grow in France. GLENOBLE, France, August 2 (#).— The best market for the walnuts of Grenoble is the United States and they are grown on trees that came from America. When groves years a0, were threatened by disease hardy varieties of walnuts were found in the United States and planted here, REAL ESTATE, HOUSE COST AVERAGED land cost, if he plans a modest ome- family metropolitan dwelling in 1930. That sum is the average of 43,320 single dwellings in 85 of $4,008 Declared Usual Dwelling the Nation today, according to Henry Price, Exclusive of Land. Father must be’ prepared to peel off $4,902 from the bankroll, exclusive of Klein & Co., In Motors which te 20 different kinds of labor-sa devices for the kitchen are being made in Germany. The Only New Homes 20 Ft. Wide in Petworth See 424 Farragut St. N.W., Colonial Type, Tapestry Brick Home with Concrete Front Porch and Man- sard Roof with Attractive Dormer Windows. 20 Ft. Wide, Making All Rooms Large and Desirable. Containing 6 Bright, Beautiful Rooms. $9,450 2.Color Tile Bath, with Built-in Tub and Shower. TERMS Breakfast Porch and Sleeping Porch 20 Ft. Wide by 10 Ft. Deep. Hardwood Floors and Trim Through- . out. Large Clothes Closet, with Plate-Glass Mirror Door—Cedar Closet. Beautiful Electric Fixtures. Automatic Hot-W ater Heater. Well-planned Kitchen with Special Built-in Cabinets, One-piece Sink and Large Kelvinator. Large Yards 142Y; ft. Deep, Beauti- fully Shrubbed and Garage. More Features and More Valnes than ever offered by us in this Location. To reach property drive oud Ba. Ave. or Kansas Ave. east on Farragut. Located on One of the Highest Points in Washington and Convenient to Parochial and Public Schools, Stores, Cars and Busses. wos CAFRITZ MOUNT VERNON, Ga., August 2. The Montgomery County Commission Thursday adopted a resolution calling on Gov. L. G. Hardman to offer & re- ward for the apprehension and convie- tion of the slayers of S. 8. Mincey, 70~ year-old colored Republican leader. A mass meeting of citizens has been called for Monday for a public dis- cussion of the crime. Mincey was for years chairman of the Republican Committee of this coun- ty. He was kidnaped from his home, | struck over the head with a gun and then carried about 25 miles into Toombs County, where he was terribly beaten. He was returned to his home at Ailey by a white man, who found him crawl- ing along the highway. Officers said Mincey told them his assailants were masked and robed. They said that they were satisfled Mincey's political activities furnished WIFE SLAIN BY HUSBAND 20-Year-Old Matron Shot by Es- tranged Mate. BIRMINGHAM, Ala., August 2 (#).— Mrs. Louise Wood, pretty 20-year-old ear A.D. 773, | matron, was shot to death late Thursday | night by her ectranged husband, who later took his own life. ‘The shooting took place in front of the home of Mrs. Wood's mother, Mrs. Marjorie Hall, in a fashionable resi- dential section here. CALIFORNIA the motive for the slaying. INSURED FOR MILLION NEW YORK, August 2 () —Three men who died last year in the United States left more than a million dollars apiece in life insurance policies, ac- | cording to the National Underwriter. ‘Willlam B. Ward, baking company president, of New Rochelle, N. Y., left approximately $5,000,000 in policies. |Thomn E. Houston of Cincinnati and Elkhorn, Va., coal man, was insured for Tsl‘sqs.ou and Alexis Romm of Mount Vernon, N. Y., for $1,020,000. BUNGALOWS Piney Branch Road and Rittenhouse (West of Georgia Ave.) Five-room tapestry brick bungalow, concrete porches, h with atory; firepl rooms, vestibul, kitchen outside garages. shower and Some have built-in ga buil: tub and pedestal beautiful hardwood floc and others have Facing a 90-foot boulevard with center parkway, this subdivision will be unexcelled for loeation. schools, churches and transportation. Near stores, Select one under eonstruction and have it finished to order. Prices, $8,950 and $9,500. eash payment. G.W. Special discount for large Chase Owner and Builder 415 Cedar Street N.W., Takoma Park, D. C Phone Georgia 3399 MICHIGAN MANOR Crowning the Crest of Highest Point in Entire Development J. B. TIFFY, Builder 1310 WEB Breakfast and Sleeping Porches Screened Sedar Closets High FElevation Large Lots STER N. Bigger and better than ever—the slogan of Mr. Tiffy, the man who built these beautiful new homes. Believing that a section with such natural beauty deserved homes of equal beauty, every effort was made to build a home as beautiful ‘makes possible. 1 and complete as modern science Every convenience and luxury known to modern bullding have been incorporated in these homes, leaving the modest cash payment as the only expense Situated on the crest of a hill necessary to moving in. and almost completely surrounded by the beautiful grounds of the Catholic University and other similar institutions. Take Place, left to Webster st ang houses. nor Tower Bldg., 14th & K Brookland ear to Michigan Avenue (end of I % at 12th and left on Michigan Ave. fo 13th Place, and ine), walk right to 13th Rhode Island Ave.. 11 lejt to Rou, Or drive ou Dist. 0853 Dist. 9080 D e Wiesley Heinhts The Garden Spot of Washington OWN through the ages architecture has continually developed and construction methods have progressed accordingly. To keep abreast of these attainments, we have pledged our untiring efforts to make the Miller-Built house the standard for superior home construction. this we have been successful. Aware of the difficulty for the average layman to realize from a fin- ished house the kind of materials and workmanship that have been used, and appreciative of the fact that the longevity of your house primarily depends upon these two elements, we cordially invite the public to visit #ealey HFeights and carefully inspect the houses under construc- tion. See for yourself the finest building materials being woven by | skillful artisans into a finished Miller-Built house. I Although every finished house in ¥esley Heights has been sold, you | will firid available for your inspection houses in. various stages of con- struction. Visit the section around Garfield and 44th Street N. W. Insulated With Celntex T, @ and A, N. Miller Builders & Realtors 1119 17th St. N.W. DEPARTURE from to this new group. And ments found within. Six big rooms, front deep cedar-lined closets, floors, natural trim, tions of superior quality taste. SUNDAY — there usual in design and roof- line treatment lends striking beauty and distinct character double rear porches, built-in garage, variegated tile bath, Frigi- daire, 2-tone Sanitas on kitch- en walls, fixtures and decora- Arrange an inspection are only seven homes in this group— + + Introducing The New Cooley Bros’ Variety Group the this step ahead in exterior scheme is matched by the practical plan and de luxe appoint- and oak and s and they’ll be sold before the regular Autumn home hunt begins. Tower Bldg. PRICE ONLY In Decatur 0610 = e e o 38 950 EXHIBIT HOME 227 Longfellow St Open Every Day Until 9 P.M. ooley Bros. |"BUILDERS OF BETTER HOMES® Nat’l 9240