Evening Star Newspaper, January 30, 1932, Page 18

B2 REAL REALTORS SUPPORT HOME CONFERENCE National Association Also Considers i.egislation and Appraisals. (Continued From First Page.) tional association in the development of recommendations helpful to the Presi- dent's conference and to the business of real estate \ Approval of the proposed creation of a Federal system of home loan banks, designed to rediscount mortgages on houses, was taken by the associa- tion, while a subcommittee of the Sen- ate, headed by Senator Watson, con- tinued hearings on thi subject. The incomi of the association W aggressive action in the matter new officers were authorized to s they deem best on any specific measures presented in Congress on this subject Protests against approval by Ci gress of the proposed stamp tax Teal estate transfers described measure as & form of sales h, | when used during the World War, | proved “a prolific_source of stamps being used to indica value.” inflated Given Tax Program. The assoclation reviewed in detail & comprehensive program of taxation | which, it was contended, would be equitable for real This was submitted by Dr. Si land tax adviser to the assoc formulated after an extensive research. | Reports declared that “the state of | public with respect to and taxation e for de- for mind” of the problems of governmen makes the time oppo: veloping the movement real estate from its present tax burden Each member board of the nations assoclation was urged to foster th organization of property owners in | Jocal communities as soon as possible, | these to be affiliated with the national association, | A tentative statement of an “equita- ble" tax program for real formulated by Dr. Leland, an professor of economics, Univers Chicago, was distributed boards for study This statement deals with public expenditures, fiscal administration, pub- | lic revenues, the structure of govern ment and public credit Institute of Appraisers. The convention authorized of an American Institute of tate Appraisers as a sidiary of (l'.!“ natfonal association. It would be em- powered to certify persons qualified to make appraisals of real estate ! Such an organization also has been authorized by the association directors and has been recommended by the ap- praisal divisi | The proposed instit tion officials believe, would s the work of appraisal comm member boards and advance sound and accurate valuations which are the basis of sound real estate financing and realty development The institute is designed to perform a function similar to that now exer- cised in other technical fields by such bodies as the American Institute of Architects, the several enginee; cieties and the American Inst Accountants, it 15 explained. C tion of appraisers would be b examination, investigation of praiser’'s past record and present s ing and a review of his general quali- fications by the national group. Powcr to discipline or expel members for cor duct considered unprofessional would be given the body. Cincinnati Gets Convention. Philip W. Knisker of New York was chosen by the appraisal division to | head a committee of 25 to undertake | to set up the institute organization. | The directors of the association | Jected Cincinnati as the place of the | general convention of the national | | [ | the associa se- | body, to be held June 26 MARIETTA PARK Eight Rooms Two Complete Baths Semi-Detached Bricks Facing “Fort Slocum Park” Sample Open to 9 P.M. 5724 3rd St. N.W. Between Madison and Nich added and these home st complete Ison Sts find many eatures ke them mi Your Early Inspection Invited! WAPLE & JAMES, INC. 1226 14th St. N.W. North 0962 | Spacious | Dinette Extra Tiled | Lavatory Model Kitchen 5512 4th St. N.W. Near 14th St. Cars Extended FRXGXDAIRE‘ cedar closets, copper screens, double dr board porcelain sink, bt Sanitas wall coverings, linoleum on kitchen floor, solid brass light ing fixtures De.- 58,950 tached garage See These Now! L. T. GRAVATT 729 15th St. Realtor 1. 0753 ereCaLIzNG N FAIR FAX COUNTY PROPERTIES TELEPHONE. ALEXANDRIA 3aFs We have several very beautifully sitnated acre- ages fronting on the Mt. Vernon Blvd. and the Potomac River Suitable for country es- tates or high-class develop- | ments. These properties are within 30 minutes’ drive of the center of the Notion'= Capital. through the first compieted section of the George ‘Washington Memorial Parkway, which will ultimately extend from Mount Vernen to the Great Falls of the Petomac. These tracts can now be had at | wery attractive prices, which we do not believe will be Dossible after the oficial opening of the Boulevard next Rpring. ESTATE. with Sam eight | WILL BUILD PUMP HOUSE | Standard Oil Co. of New Residence recently THE EVEIRING S Home on Ninth Street purchased by Misses Eva and Loulse Lester, together their cousin, Willilam J. North, at 6810 Ninth street. The house, built by Eig, was acquired through the agency of Waple & James, Inc. It contains main rooms and two baths and has a large attic. viding for the construction of a one-story concrete and brick pump | house at the rear of 210 Second street. | Jersey | The cost of the pump building is estimated at $2,500. James Stewart & | Co., Inoc, are the bullders. Asks for Permit Ttaly'’s best markets for rayon are and " Lird | China, Germany, India, Austria and » District | Spain Dist, 9179 Don’t Overlook This Outstanding Value 6522 Tth Place N.W. Sl Detached $9,950 Distinctive Complete Six Rooms—Three Porches Copper Guttering—Colored Tile Bath Screened Throughout—Real Fireplace Finished Attice—Complete Kitchen Garage J. DALLAS GRADY 1010 Vermont Ave. Drive Out Ga. Ave. to Van Buren St. to 7th Place out Brookeutl t LOUIS F.b PEAK 414 TURNER—CHEVY CHASE, MD. $9.450 ci'Geces Planting Largc Rooms COlOYEd Batl’l Screens TERMS All improvements include ultra modern kitchen. Chase ('h‘r“'i( one-hal/ block to Brookville Rd., ; NORTH 0167 Wesley Beights The Garden Spot of Washington 4314 Klingle Street N. W. FIRST SHOWING English Home of Stone and Stucco, Complete in Every Detail. 4 Bedrooms 2 Baths Lavatory on First Floor Large, Elevated Lot Completely Insulated With Celotex . ¢. & A, X. Miller Builders—Realtors Splendidly Located 1119 17th St. DEcatur 0610. TAR, W el TONECOD ARG ST ON WEDNESDAY Liberalization Proposal to Be Taken Up at Public Consideration. (Continued From First Page) cases, separate appeal board, fearing it might have power so great as to upset funda- mental zoning of the city by the Zoning Commission, He did recommend, however, that the commission itself make use of the power he believed it had under the zoning act, to grant exceptions in worthy specific cases where such modi- | fications of regulations would leave the property in substantial compliance with the established zoning classification. A number of the other amendments proposed concern zoning of garages A new definition is proposed describing a public storage garage as one in which repair facilities are incidental to its primary use for storage. A public service garage would be described as one in which steam or motor driven vehicles are equipped for operation repaired or kept for hire or sale, not including exhibition of show rooms (or‘ model cars Other amendments _pertaining garages are designed to permit ALL or the to the but he opposed creation of a building of a “storage” garage in “first commercial” areas without the require- ment of obtaining the consents from owners of property within 200 feet of | the site of the proposed new garage. | Five proposed changes in zoning which are to be heard at the morning | session are: Change from residential, 60-foot “B restricted area to residential, 60-foot “C" area, proper at the southeast ocrner of Twenty-second and Q streets. From residen “B” re- stricted area to residential, 60-foot “C” area, property on east side of New Hampshire avenue between R and § streets. From first commercial, 110-foot * area to residential, 90-foot “C” area, property at 1826 Massachusetts avenue. | From residential, 90-foot “C" area to; first commereial, 110-foot “D"” area, the | | square bounded by Eighteenth and P | streets and Massachusetts avenue. From residential, 60-foot area to first commercial, 60-foot “C" area, property at southeast corner of Twelfth and W streets. 11 Other Petitions. | The 11 other petitions on the sched- | | ule, to be heard at the afternoon ses- ' sion, are: i | Prom first commercial, 60-foot “D"| area to second commercial, 60-foot “D” | area, property on the north side of H street between Third and Fourth streets | northeast, | From residential, 60-foot “B" area to | | first commercial, 90-foot *“B” area,{ | property at 300 D street northeast. From residential, 60-foot “B” area to first commercial, 60-foot area, | property at southwest corner of Fifth | street and Florida avenue northeast. | From residential, 60-foot “C" area to | first commercial 60-foot rea, prop- | erty at 109 Eleventh street southeast. | From residential, 40-foot “A" re- stricted and residential, 40-foot “A” areas, to residential, 40-foot “B” re- greater part of your investment funds should be placed in. Interest Semi-Annually 6% First Trust Notes for safety—and the high- est yield consistent with a conservative investment. Wm. H. Saunders Co. Member 1519 K St. N.-W. Washingt on Established 1587 Real Estate Board Dist. 1015 CHIME have to be Buye: and register yo 1804 C To inspect itol St. to 17th 17th"to C, then GRUVER & Brokers ® SEE THESE CAFRITZ LIFETIME HOMES TODAY e BIG FEATURES New 7-RooM HOMES 3 Wide Covered Porches 4 ful SMALL CASH PAYMENT A SESSIONS the Head of EACH FA! a Prospect just see our Ex The Model Home With the Many Features Beautifully Furnished and Decorated by NELSON FURNITURE COMPANY Open and Lighted DAILY AND SUNDAY Until 9 P.M. OWNERS Open, 9 AM. to 10 P.M. An extra room 17x20 ft. pletely finished in the basement. Just the place for a den or for your, walls, heat. Everything in buff and green. Built-in electric nette set. tile drainboard and back splash. Something different. Built-in shower, new-type medicine cab- inet. Easy to get “Over-the-top” sliding door—out easily operated by a child. 4th & FARRAGUT STS. N.W. *8,950 CLOCK del H Home ur name! SEENE! “east to MARSHALL Protected SAMPLE HCME RECREATION ROOM com- Textured windows, entertaining. lighting fixtures, Neo obstructions. KITCHEN-DINETTE equipment, Frigidaire, clock, mew folding di- Double small ceramic COLORED BATH Beauti- tile combinations. colored fixtures. Tub, colored Modern in every detail. “Over-the-Top” GARAGE DOOR in and get out. counter-balanced of the way, TERMS LESS THAN RENT stricted area, the Sheridan street, bet Fourtenth streets, entire north side of ween Thirteenth and Northeast Properties. From residential, 40-foot ed and first cominerci; areas to second commeri area, property on east side of Wiscon- sin avenue between Western avenue and Jenifer street, From first commercial, 60-foot “C” area io residential, 40-foot “B” area, property on east side of West Virginia avenue between Mount Olivet road and Raum street northeast. “D"” area to 5445 30th Place Just North of Military Road A New Home of English Design Open Today $12,950 Wm. H. Saunders Co., Inc. ; 1019 K St. DIst. 1015 i The Best Buy in PETWORTH See These Wonderful Values Sample House | 435 Ingraham St. N.W. 8ix and seven I a ge, 8 hardwood hc deep I Frederick B. Mills Owger and Bullder Ga. 4846-1123 See This Exceptional Value 1318 Allison- St. NE | A Row House, With | | Semi-Detached Surroundings In Michigan Manor s &ht. airy roo; $8,950.00 Frederick B. Mills Owner and Bu Ga. 4946-1123 14th &K cA FRITZ Dist. 9080 ® OVER 3,000 LIFETIME HOMES BUILT AND SOLD @ e — residential, 60-foot “C" area, prope:ty at 305 T street northeast. From residential, 40-foot stricted arca to first commercial, * area, property at 1026 Mon- road worth avenues northeast esidential, 40-foot *. ial, 40-{00! C' 1. 90-foot “D” batwe cial, 90-foot “D” | street northea Contest Closes Sunday! Have You Registered? To the Head of EACH FAMILY inspecting Our Model Home during the month of January, 1932, we will give a FREE Vote on a BEAUTIFUL ELECTRIC PERCOLATOR SET. You do not have to be a Prospective Home Buyer—just see our Exhibit Home and register your name! WINNER WILL BE ANNOUNCED SATUEREDAY, FEBRUARY 6th, IN THIS PAPER Sample House Completely Furnished 1704 D St. N.E. Open to 9 P.M. Daily Some Interesting Features Fireplace With “Radiant Heater” Beautifully Equipped and Arranged Kitchen! 8,290 Small Cash Payment Monthly Payment Like Rent! 3 Sold This Week alle WE INVITE YOUR INSPECTION WAPLE & JAMES, Inc. MEMBERS WASHINGTON REAL ESTATE BOARD 1226 14th St. N-W. North 0962 BUILT BY DUNIGAN.. BUILT RIGHT A NEW GROUP . . AND SOME ALREADY SOLD 5419-5435 Kansas Ave. N.W. SEE 5433 KANSAS AVENUE Exhibit Home 7/ See these beautiful homes. Have a chat with some of the folks who have bought over 2,000 Dunigan Homes. Ask them what they think of their investment. . . and ask your banker’s advice, - 48050 TERMS IF YOU WANT THEM! Never Such Features at Such a Price Six large rooms, detached garage, cedar-lined closets, oak floors, hardwood trim, Colonial brass fixtures, large airy cellar, fully screened. servant’s toilet, screened breakfast and sleeping porch and coat closet with full-length mirror. rails on stairs, new type radiators (narrower to save space). Colored tile bath room with shower; toilet and lavatory adjoining the master bed room. A dinette . . . off the Newest artistic fixtures. kitchen. D. J. Tower Building Extra Large KITCHEN Equipped with Electrolux, latest type gas range, one-piece porcelain sink, built-in cabi- nets, inlaid lino- leum and Sanitas wall covering. Double laundry tray and Wrought-iron N\ Dunigan, Inc. Naiional 1265 rea, property on north side of Benning between Minnesota and Kenil- rea to e of Forty-ninth venue and Hayes