Evening Star Newspaper, October 3, 1931, Page 19

. REAL ESTATE, REALTORS TORENEW| EGSLATON LA Coming Congress. Pnactment of & real estate brokers' | Yicenss law for Washington, which has | been advocated by the realtor organiza- | tion here before each Congress during the past eight years, again will be urged when the new Congress convenes, it ia announced by Alfred H. Lawson, chair- man_of the Legislative Committee of the Real Estate Board. There are many features in the pro- | posed license measure which indicates | the public benefit that can be expected ! from enactment of the legislaticn, Mr. | Lawson emphasized The proposed local law is fashioned after the model code drafted bv the National Association of Real Estate Boards. which is in operation, in stmilar forms, in 25 States. Mr. Lawson, & past president of the Washington Real Estate Board. pointd out that one section of the proposed law which has been inc-rporated in license laws throughout the country enumerates certain definite acts, any one of whicii may be sufficient cause for the suspen- sion or revocation of a real estat> broker's license. As enumerated, these causes some- what parallel the realtcrs™ code of ethics and are sufficiently broad in their sccpe o cover almost any type of Wrong prac- | tices or wrong doing that is possible for a real estate agent to ccmmit, Mr. Law- £on states “With such a basis the commission charged with the duty of issuing licenses | and reviewing the activities of licensees has an opportunity of rendering an effective service in the elimination of those who are untrustworthy or incom- petent to pursue the very important and | necessary vocation of real estate. Outlines Tllegal Acta. i “The section referred to outlines the following as sufficient grounds to sus- | pend or revoke the license of any licenses who in performing or attempt- | ing to perform the service of a real | estate broker or & real estate salesman may after a public trial be found guilty | of the followi substantial misrepresen- | any false promises of & character likely to influence, persuade | or induce; pursuing a continued and flagrant course of misrepresentation, or | making of false promises through agents or salesmen, or advertising or otherwise; | acting for more than one party in a! transaction without the knowledge of all | parties for whom he acts. “Accepting from any person, except an employer who is a licensed real estate | broker, & commission or valuable con- | sideration as a real estate salesman for | the performance of any of the acts sp>- cified in the law; representing or at- tempting to represent a Teal estate broker other than the employer, without the express knowledge and consent of | the employer: failing, within a reason- able time, to account for or to remit | any money, valuable documents. or other property coming into his possession | which belong to others. “Demonstrating such unworthiness or | incompetency to act as a real estate broker or salesman as to endanger the interests of the public: paying or offer- Ing to pay a commission or valuable con- sideration to any person for acts or services in violation of the license law, with knowledge of such violation or where reasonable diligence has not been exerciced to acquire such knowledge: or being guilty of any other conduct, whether of the same or a different char- acter {from that hereinbefore specified, which constitutes fraudulent or dishon- est dealing.” P. 0. TO COST $16,000,000! 20 g 5 -3 3 5 = g 3 3 . z 2 g post a_contract for the building of 2 post office in Chicazo to cnst nearly £16.000,000 and a parcel post building in New York to cost nearly $5,500,000. Plans are being drawn for the build- ing of a large addition to the city post office_here. Chevy Chase, D. C. 6205 33rd St. (Ome block north of Rittenhouse St.) $11,500 Just the Home, Just the Price! ALL BRICK, six (6) real rooms, well epaced on large, level lot, 60x- 120 ft., secluded by heautiful shade trees, amid several very large ectates, Most attractive and substantially built! Interior finish—Ist fl. tex- tone, 2nd . paint! Open Saturday and Sunday LUP.LILES Nat. 7880 Nat. 8744 1427 Eye Realty Amsoclates Sample Open to 9 P.M. 1715 “D” $t. N Your careful inspection of con- struction and convenience—then consideratior. of present and future values in this highly restricted com- munity of all new homes is solicited. $8,150 Better Value Cannot Be Found Convenient Terms! Colonial Design All Brick Six large rooms, many closets, hardwood floors throughout, paneled papering, hardwood trim, numerous electric outlets, latest electric fix- tures, large screened breakfast and sleeping porches, beautiful tile bath with shower and many bullt-in fea- tures. Garage. SEE THE KITCHEN! Equipped with Westinghouse elec- tric refrigeration, enameled gas range with heat control, floor cov- ered with heavy inlaid linoleum, walls and ceiling with Sanitas, built-in breakfast oget that folds away when not in use. Waple & James, Inc. 1226 14th St. N.W, North 0962 Mortgages held by panies to the amount of $7.000,000,000 play a large part in the financing of city and farm real estate, which will be described by S. F. Westbrook, vice pres- ident of a large national life insurance company, at the eighteenth annual con- vention of the Mortgage Bankers' As- soclation of America at Dallas, October 27 to 29. Discussing gage Loans and Lands From the Home Office Standpoint.” Mr. Westbrook will recount experiences with this form of life company investment, the total of which has vears and is five times the amount held of two billions are in farm mortgages and THE EVENING ., WASHINGTON, D.: C. > A new building of maximum height permitted by the zoning code. which present a “flat iron” atyle. by R. P. Whitty Co. for Joseph J. Moebs, financial arrangements being handled through H. L. Rust Co. a frontage of 327 feet on Nineteenth street and 298 feet on Connecticut avei INSURANCE HED T0DISCUSS LOANS 'Dallas Convention to Hear Talk on Surety Mortgages. life insurance com- Tex., “Administration of Mort- doubled in the last 7 years ago the total now invested. nearly OVERLOOKING ROCK CREEK PARK 4709 Colorado Ave. ATTENTION Certain conditions make it possible to offer this pretentious new home at many thousands of dollars less than the original price. You can now afford to own the home you want at less than you expected to pa; in a home. Tower Bldg., 14th & K THIS ARISTOCRATIC ENGLISH TYPE RESIDENCE 6311 Ridgewood Ave. cally throu * Do e sl : Brick and stone construction with slate roof, English design and center-hall plan with rooms of more than generous size colored bath, oil burner. maid’s apartment. elaborate bookcases; sun parlor; in fact everything you would want Drive out 16th 8t. to Colorado Ave. west to houses street in a wooded section of Chevy Chase, Md., is practi- stances, at a practically un- heard-of price for a property of this character. TWELVE-STORY STRUCTURE LOCATED ON TRIANGULAR SITE HAS 5 Dupont Circle Hotel Building Completed =, wloe over five billions in “other mortgages.” which include single family and duplex dwellings, apartment buildings. com- mercial and office buildings and, in & lesser number of cases, special purpose structures. “The Puture of Mortgage Banking” is the theme of the convention, which will include addresses and discussions hi ing to do with business practices and economic and legislative affairs affect- ing borrowers, investors, banks and mortgage loan companies General sessions will be held on each | morning of the three days dnd group | meetings will be held each afternoon to deal with special topics. Between 400 and 500 delegates are expected from the 40 States in which the association has members. . . NEW COMPANY FORMED Marvin A. Munger and Sherman H. Hollingsworth, who for a period of years have been engaged in real estate busi- ness. in association with the Zantzinger Co., have formed a new firm under the name of Munger & Hollingsworth Co., | to conduct a general realty business. Offices have been taken by the firm in the Bethesda Bank Building. The firm plans to deal in Montgomery and Frince Georges County properties. Mr. Muriger has been in business hers for about 15 years and Mr. Hollings- worth for the past 6 years has been treasurer and manager for the Zantzinger concern. Beautifully Huge fireplace framed by Dist. 0853 distinguished tree-lined new—and is available, gh unusual circum- $17,250 Brick and stucco construction: 6 rooms, 2 baths; large recreation room ; gas refrigerator ; quiet May oil burner: open fireplace; spa- cious living room opening to side porch. 3-CAR BUILT-IN GA- RAGE. Beautifully landscaped grounds with several shade trees. Open Today:.Drive out Comn. Ave. to Thormapple St., turn left —west—j blocks to Ridgewood Ave., left—south—to house. G. F. Mikkelson & Son 200 West Thornapple St. Wisconsin 4255, 2323 | | The former | P om e, just below Dupont Circle. REALTY INDEX DOWN Monthly Figure for Nation as Whole Off 2 Points for August. The regular monthly index fgure, computed from realty deeds recorded in 64 citles, by Real Estate The July fAgure was 611 ures are based on the normal 100 used for deeds recorded in the year 1926, A RE and coms livin and constructed home, in a 1427 ROOMS. Association, | Saturday. palities, Dispatch, Advance reports and Hundlet, Topics convention for discussion | governnient economies. sented in a five-minute | speaking contest. | of the fires that occu: | country are home fir art_of_these Tt was bullt The bullding has & rooms, bath and large lot, stone street and alley paved. the National Assoclation of Boards, for August is 59.8. Those fig- | 1226 14th St. N.W. MARKABLE HOME 1340 JEFFERSON ST. N.W, 1; Square off 14th—Reduced $4,000 Seven Rooms, Two Baths. Well Landscaped. Lot 45x150 Feet. Two-Car Garage. munity so close in at such a tremendous sacrifice. 3 exira large bed rooms. sun room, ne firepiace. schools and stores nearby back yard will appeal to your children A Sacrifice at $12,500 OPEN SATURDAY and SUNDAY W. L. IRBY, Jr. Realty Associates o5 faree Eye St Designed by John W. Kearney Qupreme achievement, in the development of FARADAY PLACE; are words none too strong in de- scription of this beautiful section of FORT BAYARD PARK, St Ann’s Parish, a restricted commu- nity, In fact, BOSS & PHELPS have no hesitancy in guaranteeing, 1n writing. the workmanship and mate- rial used, without time limit. In point of cubical space they are the roomiest houses in Washington for the money. 1 and 2 baths, with shower . . . elec- trical refrigeration., Built-in ga- rages. Some with breakfast rooms. A variety of designs of EARLY AMERICAN motif to select from. Prices range $9,850 to, $13.750. See the Cape Cod House, 4436 Faraday Place, furnished and on display daily and Sunday, 10 to 9. Drive out Wisconsin Ave. to Fessenden, St., west to 45th St. and north to Faraday Pl . BOSS & PHELPS . Ownere SATURDAY, registrations indicate that more than 200 will attend | the convention, according to Thomas J. chairman. range | office_methods to means of lflecflnl] KISSELL T0 SPEAK T0 VIRGINIA GROUP = {National Realtors’ Head to Address Convention at Newport News. | Harry 8. Kissell, president of the | National Association of Real Estate | Boards, will be one of the principal speakers at the eleventh annual con- vention of the Virginia Real Estatn to be held ‘at Newport News, Va., next Thursday, Friday and | _Other special speakers will be Dr. | W. H. Stauffer of the Virginia State | department of taxation, R. W. B. Hart, city manager of Lynchburg and presi- dent of the Virginia League of Munici- and G. W. Lineweaver, | clate editor of the Norfolk Ledger- asso- from On Prida; MOST FIRES IN HOMES Majority of Blazes Preventable, Btatistics Indicate. Fire statistics reveal that 60 per cent r annually in t e half Open to 9 P.M. 305 Longfellow St. N.W. Owners and Builders Waple & James, Inc. each city of the State is to be repri home-town SEMI-DETACHED ALL BRICK! bath, retaining wall, North 0962 AT 4 REMARKABLE PRICE tory. splendid s level lawn Natl. 8744 Seldom is the opportunity afforded to secure such a charming. well perfect setting on this unusually beautiful street OCTOBER his 1981; - 2 REAL -ESTATE. B—3 live sparks or burning soot to find |removed, and the logical proc 1 thelr way into the frame of the house, | to have the heating arsirgtoure if into the attic, and into the roof, the |from chimney cap to fire denr. “Somes inatitute contends. | tests will then reveal whether the chim- Defects are difficult to locate unless | ney is faulty and needs repairs or point- soot and dust accumulations have been | ing up. tute, are classed as preventable fires. Many fires occur at the height of the Winter season and are occasioned by defects in the chimney apd other parts of the heating system, wHich, under the stress of forced firing especially, permit ENTIRELY NEW PLAN HOME + 3 DOUBLE BED ROOMS Semi-Detached—All Brick—2-Car Garage Master Bed Room Across Entire Front—With 2 Closets and Lavatory Large Lot Beautifully Landscaped BUILT TO ENDURE THROUGH THE YEARS ON ENTERING i I% s | SECOND FLOOR i, bngr, Sesst d Cloak Closet—to your left you pass through double size Bed Rooms; master bed room acro archway to the Living Room (12.6x17 ft.), the front, with two large closets (one cedar) and with open Fireplace, leaded glass bookcase and private lavatory beautifully tiled. Sleep- radio outlet (built-in antenna). ing Porch with access from two bed rooms; THEN THROUGH closets big enough for trunks. Main Bath Room tiled, with modern design plumbing fixtures; pedestal basin, 5 ft. 6 in, tub and shower. WAY h ini to ¢ 'c""i":‘.'" Cellar, with laundry h. - BRIGHT SAIRY Colary Witk lsundry matic_hot-water heater for Summer use. Two-c built-in garage, heated, and paved alley in r ANOTHER WIDE ARCH- Room (13x15.8 ft.), with loset, and French doors to Ki(:hcn-'—(wi;. ty of light decorations and fix- do Uncleum on the | TIIGH-GRADE feropstions, and s, double drainboard White Oak Fleors throughout over 7, subflooring acious pantry, diagonally; and Many Other Splendid ation, Features that must be seen to be appreciated. ALSO INSIDE-TYPE HOME Prices $9150 Up Exhibit Home 1336 Shepherd St. N.E. Make Your Own Comparison—Today Drive out Michigan Avenue to 13th Street, then up the hill one block to Shepherd Street CHARLES M. WALLINGSFORD 1010 Vermont Ave. N.W. Owner & Builder National 2990 [ = e F = ¥ = BUILT BY DUNIGAN ILT RIGHT Dunigan-Built Homes Half block from 14th St. car line, close to churches, schools and stores . R 5511 A brand new group | More value and " more features than | v have ever been | N.W. offered before...at f Street and Alley Paved $ 895 O i | 3 Big Features AND | ., | . TERMS ! Dinme A ccnvenience and refineme; i Never have we offered =0 much in value for <o little in price. Six large rooms, de- i tached garage, cedar-lined closets, oak F floors, hardwood: trim, Colonial brass fix- 4 tures, large, airy cellar, fully screened. Dou- of much higher priced homes now featured by Dunigan in s popular priced home. Just off the kitchen—ideal for breakfast and lunch. Colored tile bath rooms on TwvorBathet e i d jbz:itnhtn( ;hehmuter bed room. One with ble laundry tray and servant's toilet, S= N Newewinuucfixtiresy screened hreakfast and sleeping porch and ¥ Big Kitchen ]E'::‘PWG with Prigidaire, coat closet with full-length mirror. atest t ra ', 8- 7 1 - t - \ one-piecs porcelain aink. hilt-in cxbioe Wrought-iron rails on stairs, new type radiators (narrower to save space). inlaid ‘llnoleum and Sanitas wall covering. D. J. Dunigan, Inc. Tower Building National 1265 _s o5 et = Hills o » o Brandywine S 2741 Bran ywine St. A lovely Colonial home, that takes its place naturally and gracefully in a beautiful wooded i setting. Simple and dignified, following the best traditions of the old builders, yet most modern in its equipment and conveniences. The lot developed only as nature would, with its towering oaks and beeches, has been charmingly ‘planted, having a direct appeal 'to those artistically inclined. Only an inspection will reveal a home.so rural in its setting, so modern appointments, and %0 eonvenient to the business and financial sections of town. OPEN DAILY FOR INSPECTION TILL 9 P.M. TO REACH Drive out Commecticut Avenue to Albemarle Street, turn right on Albemarle, O thence east to 25th Street and morth om 28th Street to Bramdywine. Approached from Rock Creek Park by Broad Bramch Road to Bramdywine Street, thence west on Bramdywine to b property, Newbold, Canby & De Neale Clev. 1948 we. - 5626 Conn, Ave. N.W,