Evening Star Newspaper, September 12, 1931, Page 21

g REAL TATES == $12,950—All Brick 3 LAR ROOMS. 2 BATHS. PANTRY. 8-CAR GARAGE. FIREPLACE & PORCHES. Chevy Chase, D. C. Inspection by appointment. o. E. Dieffenbach 1343 H St. N.W. Em. 4117 ‘ Ge Na. R85O | ! NEW SEMI- DETACHED HOME 1335 Shepherd St. N.E. Choice Location of Brookland Three Bed Rooms 2 Large Porches i Garage Electric Refrigeration | Open Fireplace Natural Finish Open for Inspection Charles M. Wallingsford Builder and Owner Nat'l 2990 | " 3101 Albemarle St. | (One Block East Conn. Ave.) This lovely home an' acre of ground, is surrounded by many There are rcoms, 3 baths lavatory, large entrance hall, porches. ! Garage to take care of 4 cars. Hot- water heat v be operated either by g3s or coal. House insulated through: out. Many unusual res. Open | until 9 pm. Cleveland 0712, ! vt*tttt*ttg**ttt*t'tatt;x | Service, Beauty i Durability ...all three Kohler of Kol tions for ki white or colo} signs of bath torfes and sin those whose demand the b e them on display in ou les room. Always Insist on “Schafer Quality” Materials E. G. Schafer Co. 4100 Georgia Ave. Telephone ADams 0145 AR AR AR AR A A AR kA A Ak COLORED 606 M St. N.W. Open Sunday 3 to 8 P.M. e electric and ful panele rooms and bath, extra toi- let and large brick shed. i Be sure to sece this and J! these apply to r plumbing crea- nd bath. In newest de- toilets, Java- h PO OOOOROOO OO X Fk ok kA ok ok kA Ak Ak Ak Ak k kA k - heating plant, §{ switches Q| Jeauti- §} ts, floor pl PLANOF MORTGAGE ciple at its annual convention. 1010 Vermont Ave. N.W. [l || tion would stimulate purchase by small BANK 15 AMENI]EI]l Proposed Tax Exemption on Bonds Dropped—~Para- graph Reworded. The proposed plan for & suggested central morigage bank, designed to re- duce home puichase finance costs, has | been amended in two particulars by the special committee appointed by the Na- tional Association of Real Estate Boards to s.udy the matter after the associa- tion had approved the project in prin- The original outline of how such a | b could be formed for the redis- ounting of urban residence mortgages ontained the suggestion that deben- tures issued by such a bank might be e tax exempt to individual pur- chasers of amounts up to $5.000. The original thougnt was that such exemp- invest of capi s, and thus start a ready flow tal into the bank. Exemption Dropped. On further study, however, the Asso- clation Committee siates that such e emption would operate to make the d bentures compete with mortgages and al estate bonds handled by associa- tion members, even though interest rates of the debentures would be lower. In addition, the tax-exempt clause is not strict ‘n accordance with the as- ociation’s tax program, which at pre: nt is king new tax sources as a means of relieving realty of the big load t now carries in this respect. The Home Financing Committee feels that | buyers of the proposed bank's issues should pay the proper Government as- sessment he clause on tax exemption was dropped from the mortgage bank plan ‘The cond change had to do with the paragraph in the plan which de- scribed the amount that might be loaned with safety by banks, building | and loan astociations and others if this | system could be set up. In the original document this paragraph reads “It should be the policy of this entire system, by using conservative appraisal methods and by requiring amortization ments beginning immediately when loan is made, to increase up to 75 | per cent the percentages of value that may be lent with safety, thus eliminat- | ing the costs and hazards of junior | financing any people have ascumed that this graph meant that the proposed bank would purchase loans per cent of the value of a y. which assumption was not in- in wording this clause. The | committee points out that the bank | probably would not rediscount or buy | more than 50 per cent mortgages. The | original paragraph meant to point out that the new system, making rediscount possible and requiting amortization im- mediately, would in time make it poc- | ible for the local agencies to loan the | 5 per cent to borrowers becaise of the stimulation such a system would pro- | vide for the whole field. The para-| graph now reads Conservative Basis. “It should be the policy of this entire | system to Tequire conservative appia; methods and amortization payments be- THE EVENING STAR. . t | WASHINGTON, Shepherd Park Home Residence at 7700 Fourteenth Street, recently purchased by Jack L. Hooker from L. E. Brueninger & Sons, builder: and has a detached garage CONVICTS PLEAD SICK, BEAT PRISON GUARD Trusty Prevents Escape After Five Felons Crush Skull of Farm Officer in Virginia. Special Disp: n CULPEPER. Va tember 12 tacked by five “sick’ prisoners prison camp No. 11, near here on the Orange road. Yard Foreman Reuben T. Jones received a fractured skull this morning and is not d to live Escape of med with heavy window weights, was thwarted by a tn N. Peterson vear sentence. who s held the desperadoes guards until n he entered whe s A one after five prisonel refusing to repor When Jones was set on and so ba little hope is held f. entered th» room. he dly beaten that his life at Uni- Iottesville, d by the commo- gun and subdued the s, calling meanwhile for guards ord of the outbreak created high per and vicinity. Peterson, att ion, siezed a el W feeling in Cu WASHINGTON.WOMAN EXPIRES IN ENGLAND Mrs. Louise M. Fisher, 70, Wife of he house contains six rooms and bath | BAR GROUP PARLEY 7 _ SOUGHT FOR CITY! Bicentennial Commission Will A: k\ Association to Convene Here in "32. The American Bar Ascoclation will | be invited to hold its 1932 convention in the National Capital, it was an- v by the District of Co- Washington Bicenten- on. A formal invitation will be presented to the association at tlantic City convention next week oup of six delegates from Wash- imbia e American Bar Association con- tion is attended each year by more 000 lawyers, judges and others high in_the legal field, from all parts of the United & es. Local delegates pected to attend include George P. Hoover, president of the District Bar | Association: Willlam Roy Vallance, president of the Federal Bar Associ-, ation; e A. Prevost, president of | ent Law A: e District of Colt Association: George ) s chairman of the District Bar Associ- ation’s Committee on Relations with the American Bar Assocfation, and Peter Q. e, secretary of that committee. Property Purchase Approved. Purchase of a plece of property in the new municipal cenier area was au- thorized by the District Commissione! vesterday. The property, lot 801 in! ( NEW LAW DRAFTED FOR LABOR LIENS Proposed Unifdrm Statute for All States Made by Law Experts. SATURDAY, A proposed uniform mechanics llen act, drafted after five years of study, was approved this week by the Na- tional Conference on Uniform State | Laws, in convention at Atlantic City. Designed to provide modern ma- chinery for payment of labor and materfal interests engaged in building construction, the proposed model law would set up a number of new legal forms for notices of liens and pay- SEPTEMBER 12, - 1931. tended to be pald agalnst costs of af building operation, In accordance with the procedure of the conference, the proposed act will be held in abeyance for one year and then presented to the American Bar Assoclation at its 1932 meeting. Charles V. Imlay, Washington law- yer, was chairman of the conference committee which drafted the measure in co-operation with a committee of experts of the Department of Com- merce. ‘The National Conference on Uniform State Laws is composed of commis- sioners appointed by Governors of the various States and local delegates named by the District Commissioners. The local delegates are Mr. Imlay, ¥A]H’r C. Clephane and Frederick S. yler. bl ge Shyness Held Promising. LONDON.—Sir Maurice Craig. in a lecture before parents and educators here, stated that the shy child is more likely to become successful in later 9 Grant Circle (Opposite &t. Gabri ments, uniform emong the States Further, the proposed law would pro- | vide for employment of a bond serving | to remove the real property involved in a project from liability for pa ment of costs, In cases not now cov- ered by laws of the District of Co- lumbia and some States. Also a pen- alty would be set up for a builder found guilty of misapplying funds in- Buy a Home With $7,650 Sample House, 1837 Bay St. S.E. Salesman on Premises Daily Until 9 P.M. 6 rooms and bath Glass sleepin < porch Front and rear po Bath—colored tile n’ tul in wall wafe ¢ door in"telephone closet ot t with benches + rehes and showers TERMS—$500 Cash Steuart Brothers, Inc. Real Estate Construction 6 rooms, bath, sleeping porch, fireplace, 2-car garage, full screens, awnings, } First-Class Condition Reasonable Price—Suitable Terms Open Sunday, 2 to 8 P.M. Geo. E. Dieffenbach Na. SR50. 1313 H 8t. N.W. All Conveniences th. 19th. B & C Sts. 8.2, ar Eastern High S oversize boiler) Hot water storage tank One-piece Taundry 1ob Paneled walls Hardwood Tioors Hardwood irim Brisiddies alker electric dish washer O s modern freptace ™ Fivid heat—nolsetess o Extra Beavy tin roof. 50 GARAGE $60.00 a Month (Includes Interest on Both Trusts) 138 12th St. N.E. A New Group of Semi-Detached Homes ) in \ Beautiful Michigan Manor REAL 5 ENGLISH TAX SYSTEM ON HOMES IS CITED, Real Estate Bears Burden of Hid- den Intangibles, Board Points Out, 3 ESTATE. o more equitable distribution of American taxes, and research undertaken in this cennection, brought to light this story of tax collection in ancient England. The “fumage,” cr smoke tax of 1664, sometimes called the “hearth” tax, taxed the smoking chimneys of old Engre= It was not a new tax even then, men tion of this method of raising the public funds being found in the famous Domesday Book made by Willlam the Conqueror in 1085-7. Just as people hide intangibles from 2> sae tax collectors today. the people of | that “ancient time atte; B It America had as good a system to | their home fires by pu:?;g‘edmv:mh:& check on taxable intangibles as Anglo- | whfl; lhl"hw“mwrs came around. Some Saon _ 'people thought that the tax officials S England had to check on taxa- yoyiq ascertain the nsmes of taxpayers le homes, new sources of revenue would | by scanning the smoke on the skylines be uncovered to relieve realty of some | Or at least would only examine the out- of the public expense it bears today, | Side of the houses. Attempts to evade wy | the tax by dimming the fires were frus- says the National Association of Real | irated by the apneintment of offotals Estate Boards. | who came to be known as “chimney- One of the things the association s | men.” who were permitted to go int> the working on, through its local member | houses to sce if they were actually in- boards, is a program to bring about | habitcd. OPEN TO HOME BUYERS 1708 Taylor St. N.W. In the heart of the 16th St. residential section. Detached, all-brick $19,750.00 Contains eight large rooms, two baths, built-in garage. This house is valued at $25,000. We consider the purchase of this property to be a sound investment. : DON’T OVERLOOK THIA OPPORTUNITY For sale by owner Phone: Adams 0546 Open and Lighted Daily and Sunday Until 10 P.M. MAX SUGAR — A BUYER’S OPPORTUNITY In Country Club Hills Adjoining the Washington Golf and Country quare 490, was bought for $12,069 from Archie L. Straub, as agent for the Club, 20 Minutes or Five Miles et | ginning immediately when the loan S| poy) @roup Consultant, Dies u will ag { made, so that through the following of | rket to- J|sound practices the percentage of val . that may be lent with safety increased, and after the mortga been reduced to the allowable p it would be available for redisc thus eliminating. in many costs and hazards of junior financing The changes were approved by the association’s Executive Committce that | met in Chicago on August 25. The | members of the Special Committee on Home Financing are: Harry S. Kissell, president of the assoclation, Springfield Walter S. Schmidt, Cincinnati Ohlo' Charles G. Edwards. president of Real Estate Securities Exchange, Inc., New York City: Guy Greene, former president of the Michi-| ring on the m | ready to move into. | has heen reduced g to $7.950. 00 cash, $60 M| monthly pays all principal and interest. Austin M. Cooper 820 11th St. N.W. Nat. 1332 6522 7th Place N.W. This unique and architectually rfect hoge contalns & | rooms, _double | | Screened. The kitchen Tmost attractive and ultra modern | Open Daily Until & P.M. | J. DALLAS GRADY || 1010 Vt. Ave. Dist. 9139 Drive out Georgia Ave. to Van Buren, right three blocks, right to { i See Our New Sample } 1701 D St. N.E. Sample Open to 9 P.M. 8,150 - CONVENIENT LOCATION! Near Eactern Higl and graded schools Navy Ya d to al Junior High Conves “The Close-in New Home Section” Colonial Design— All Brick 6 large rooms. many closets. hard- wood floors throughout, paneled papering, hardwood trim. numerous electric outlets. latest electric fix- tures. large fcreened breakfast and sleeping porches. beautiful tile bath with shower and many bullt-in features. SEE THE KITCHEN! Fauipped with Westinghouse Te- frigeration. enameled gas range with heat controi, floor covered with heavy inlaid lnoleum, walls and ceiling with Sanitas, bullt-in break- fast set that folds away when not in use. WAPLE & JAMES, INC. 1226 14th St. N.W. North 0943 | Ohio; jthe New York ! gan Real Estate Association, Detroit, | ‘Unidentifled Victim Taken to Hos-| | sidewalk last night with a severe lac- | pital authorities said he probably will | height, weighs 135 pounds. | Special Day to Be Observed Sunday | the rear of the 300 block of H street, he | reported to police. Mich., and Sydney Middleton, Chicago, | chairman of the association’s mortgage | and finance division. MAN_I;OiJND WOUNDED pital From Eighth and Avenue. An unidentified man was in a serious condition at Gallinger Hospital today. after being taken there by police from Eighth street and Pennsylvania ave nue, where he was found lying on the eration on the back of his head. Hos- recover. Meanwhile police instituted an in- quiry as to the origin of the injury. He| is about. 45 vears old, 5 feet 8 inches in | HOME-COMING PLANNED at Full Gospel Tabernacle. The Full Gospel Tabernacle, North Capitol and K streets, will observe Home-coming day tomorrow. The pas- tor, Rev. H. L. Collier, will preside at the morning and evening services. The pastor i announcing a “Forward move for God in the National Capital” for the Fall and Winter season. Hold-Up in Alley Nets Albert Matthews, colored, of the 200 block of Second street. was held up Jast night by a colored man with a knife and robbed of $8, in an alley in Matthews furnished a description of the man. 3351 Tennyson St. Chevy Chase, D. C. In a setting of beauti- ful shade trees this un- usually attractive stone and stucco home priced $14,950 —must compel your im- mediate interest. 6 real- ly spacious rooms. 2 col- ored tile baths. Large screened sleeping porch. Screened porch off living room. Built-in garage IF YOU WANT VALUE DON'T OVER- LOOK THIS. OPEN SUNDAY Edw. H. Jones & Co. Inc. 5520 Conn. Ave, Clev. 2300 on Visit Abroad. Martin Fisher, about 70 old, wife of Robert J. Fisher consulting counsel for the Enstern Railroad Associ: died_Thurs day at Lind in Woking, England. following en iliness of about a month! sccording to zes received in Washington Mr. and Mrs. Fisher left Washington in June for a European visit and Mrs. Fisher became sick while abroad. She was a native of Bativia, N. Y. but had lived in this city for many years. She married Mr. Fisher in 1907 at Philadelphia. Their home is at 1915 Kalorama road. She was a mem- ber of St. John's Church and active in_some of its organizations No word has been received h funeral arrangements. owner SALES MANAGER One of oldest Real Estate firms has an opening for an experienced man to manage the selling of prop- erty. Must be able to do a certain amount of organ- izing. We will give a draw- ing account with an addi- tional share in the sale income produced. All an- be tial. e experience and age. the e as to BACK FROM VACATION Rev. Irving W. Ketchum has re turned from his vacation in Vermon and at his home in Schenectady, N. Y., and will occuny his pulpit at Peck Me- morial Chapel tomorrow morning. The subject of his sermon will be “Encour agement for Living.” Sunday school is at 9:45 am. The Christian Endeavor Society will meet at 7 pm. and discuss the topic “What Should Our Message _Accomplish.” There will be a service Wednesday at 8 pm swers will confide St Address Box 109- Star Office Only 1 Left COMPARE the Value in 3727 Yuma St. N.W With Any Other Home in This Price Range $11,950-00 Semi-detached brick, six unusually large rooms, two baths, covered front porch, big double rear porches, pantry, attic, open fireplace in living room, garage, front and rear lawns. An attractive six-room honie, tiled bath. every detail and nicely finished throughout. Three large porches. A Targe yard, beau- tifully planted in roces; two-car garage. Price—$7,350 Very Easy Terms R. E. Kline, Jr., Owner 718 Union Trust Bldg. DI 5246 (Or Any Broker) with Modern in with a Open Sunday and Daily Until PM. Drive out Wisconsin Ave. to Yuma St. and east to house, or from Conn. Ave. by Bureau of Standards to 37th St. and north 3 blocks. ‘Wm. M. Throckmorton Investment Bldg. District 6093 mn EXTRAORDINARY VALUE!! BEAUTIFUL NEW GROUP OF ALL-BRICK HOMES Highest Elevation in Fort Slocum Park Architecturally, they are beautiful Construction, they are perfect Location, they are unexcelled e —— o Solid brick construction—YOUR CHOICE OF 6 OR 7 LARGE ROOMS, COLORED TILE BATHS with shower. Beautifully equipped TWO-TONE kitchens with specially built, cabinets, double-drainboard sinks, inlaid linoleum, Sanitas wall covering and Westing- house electric refrigeration. ~ Double oak floors and hardwood trim throughout. All openings screened. Three large covered perches. Wonderfully finished and appointed interfors. Attractive landscaped lawns with brick retaining wall. 20-LB. TIN ROOFS. PAVED STREET and alley. GARAGE. In- numerable features. You must see these “IR- VIN SUPERIOR-BUILT” homes to fully ap- preciate their Teal value, Some have SUN PARLOR and dinette with a complete BREAKFAST SET. EXHIBIT HOME 5619 2nd St. N.W. At the Intersection of Kansar Ave. and 2nd St. PRICE $8,950 v Sample House, 1320 Allison Street N.E. These beautiful homes range in size from six rooms and bath to seven rooms and 2 colored tile baths. Finished in natural trim, large rooms, open fireplace, cedar closets, perfectly appointed kitchen, having two-toned Sanitas walls, Armstrofg inlaid linoleum, console gas range, out- side pantry with Frigidaire, cement front porch width of house, shrubbed and completely sodded, large garage, house bronze-screened throughout. Price $9,450 to $11,450 Take Brookland Car. Get off at Michigan Avenue, walk right to Sargent Road, then north to Allison Street to houses. FREDERICK B. MILLS Phone Georgia 4946 HOSTESSES will show you through Harvard Terrace See this sensational develop- ment—the homes that are making history in Washington Real Fs tate. So that everyone can in- spect them thoroughly, they are open from 9 a.m. to 9 pm. Host- esses are in constant attendance, Everyone is welcome. Make a special note of these features. Check them against any other houses in Washington in such fine, restricted surround- ings: Chamberl, Metal weather stripping and rubber caulking on all outside doors and windows. Broonze screens and screen doors throughout. Automatic gas furnace. Built-in Electric Refrigerator. Ball room with paneled walls and maple floor. 4 Hollywood bath room with eol- ored tile and chromium fittings. Gorgeous kitchen. Two-car heated garage. Maid's room with extra lavatory. These items only suggest the 99 big features that set Harvard Terrace Homes apart from any- thing you have seen hefore at this remarkably low price! Get the facts! Sce these values today! Be Sure to Come 99 Features $9,950 Selling faster than con- struction. Place vour order now and have a hand in planning your own home to suit yourself. Drive out 13th or Ga. Ave., or 5th to Longfellow, thence east to houses; or take 14th St. car marked *“Ta- Open Daily Ul’ltil 9 P-M- Xoma Park.” Get off at 3rd and Longfellow Sts. MET. J. E. DOUGLASS CO. 7 —1621— K ST. N.W. NOW and See Us Drive out 16th, turn left on Mt. Pleasant, turn left on Hobart, the 'St Stre after Harvard. Come to exhibit house, Harvard Terrace Development Corporation from the White House. Open for inspection This home has the of today—oil burner, Located corner Wocdlawn and Glebe Road. datly until 9 pm. Lot beautifully 1 charm of colonial days, plus t electric dishwasher and range, ilator and four baths, recreation rocm, 2-car garage, sj livirg and bed rooms. 1If in- terested in large suburban home of character, you should see this one. Smaller Homes Available in Country Club Hills Beginning at $12.500 W. S. HOGE 801 Shoreham Bldg. Dis. 6363 To Inspect: » over Key Bridee, out Lee Highway, turn right on Glebe Road to Country Club and property your heating plant should be equipped with a Sturtevant Coal Burning Blower BECAUSE— it cuts your coal bills at least 40%, BY— enabling you to burn cheap buck- wheat coal IN— vour present furnace, without new grates or any other equipment. AL 100% combustion burnable matter ashes are left. assured—all used—fewer is is BESIDES— The saving will soon more than pay for this inexpensive blower. Together—With the Same Automatic Heat Control Provided with the Oil Burners and Gas Boilers Be sure the Blower you install is a STURTEVANT FRIES, BEALL & SHARP, 734 10th St. N.W. NAtional 1964