Evening Star Newspaper, September 19, 1936, Page 29

"LOWOST HOUSES REAL WILL BE EXHIBITED ESTATE. REAL ESTATE. & further common stock dividend is anticipated. MORTGAGE FIRM TOPAY OFF INFULL The corporation was chartered in 1925 to do a second-mortgage.busi- ness, It has been liquidating since 1034. During its active existence it lmnodmunmmhnmuonnu ton and Fairfax Counties. The origie nal capital was $200,000, all common " Three Structures Planned 100 Per Cent Liquidation of | 3\ock, Later $126,000 of preferred was | | by F. H. A. Being Com- Common Stock to Be pleted at Bethesda, Md. Made This Month. ffl"&fmfi% v Mf . thesda, Md. " demonstration shows that even in » houses.” e These C'l.)'llng"l C.I'l:h Ihl:hunfler; Gk'llm‘l"fll- o wimming and Horsebacl ing, BOOKS ON ASSESSMENT Directions: Drive gut Georsi, Ace. JER Ty Eztended 5% miles past trofic light at Silver Spring, Look for 14,000 Changes in Ownership Are sign on your left. Shown. Three Federal Housing Administra- tion planned houses, costing on an average of $500 a room, are being completed this month at nearby Be- Built by the National Lumber Manufacturers’ Association as a dem- onstration of low-cost housing possi- bilities with standard materials and construction methods, these three houses will be previewed September 28 and 29 by Government officials, builders, contractors, lumber dealers, loan office representatives and bank- ers, rheeting in two-day session here. Lectures showing details of con- struction will be part of the demon- stration. ‘The houses selected for this demon- stration are the four-room bungalow, the four-room two-story house and the six-room two-story house de- scribed and illustrated in F. H. A. Technical Bulletin No. 4, where they | ney residence, located at 4210 Forty-second street, from Frank : . £ . ere listed as houses “B", “D” and “E” | §Phllips, owner and builder. There are nine rooms and three Stone and Brick New Detached Brick Beautiful i':';:::“fl',::.z w:::,:: m;f s l”n"t'l‘:“lrl ar Most amv:o;?n‘:?ugnwm'? $2,900, ex- | baths in the house. Dr. Alfaro is a prominent pgysic:gatnfl e Corner P! . of living i is home Convenient ding lot. —Star Staff Photo. Gratified With Results. 5‘",750 514’750 7326 Custer 7408 Custer Road Of All Suburban Interviewed at his office, Dr. Wil- son Compton, secretary and manager Road Furnished by Palais Royal e of the National Lumber Manufac- A beautifully planned home Ald;]gmfxed Cehmgrl hall Coloni- Four bed rooms, A bungalow de luxe, with two bed rooms and perfect Only 20 minutes turers’ Association, expressed himself with 6 large rooms and 2 full al home witi arge rooms, two baths; two e open fireplace; olumully equipped kitchen; from down - town, as gratified with the results. “These small houses,” he said, “have been built within the price limits set in the F. H. A. publications and our the high-cost area of Washington houses that are truly low cost can be built. “All steps of construction and financing have followed regular build- ing routine. There have been no donations of materials or services, and no special prices. Results show that single houses of standard lum- ber frame construction, properly de- signed, can be built at as low a cost as those which have been forecast, but generally not realized in plans for standardized mass production Utilities Provided. Details of special interest to the public' are: The low cost of the houses, the high quality and good appearance of the finished structures, and the fact that each house has all public service utilities—gas, electricity, water—sewerage and complete base- ment and heating plant. Costs may be expected to vary slightly in proportion to the cubic foot building costs in various sections of the country. But it is now possible, according to lumber industry officials, for men and women of the United States to have private homes in which conditions of fresh air, sanitation, comforts and conveniences are as- sured, at prices which average no more than $550 down and $25 per month to carry, including gradual re- tirement of principal. Assessment books for the fiscal year beginning July 1, 1936, have just been published by Rufus S. Lusk. The en- le'l‘[[ & md. tire is for the first tlmefifiexg in ::: vr?lfxme.e The s.lver swing, new volume contains more changes than any previous volume except the one issued last year. There are some 14,000 changes in ownership, many new subdivisions and thousands of different assessments. Dr. and Mrs. Victor Alfaro have purchased this attractive Studio, Cape Cod and Apart- ment type Bungalows. Homes with Country Atmosphere within 10 minutes of the city, with all the conveniences and advantages of modern apart- ments at terms LOWER THAN RENT! Don’t wait, because in the demand for homes tlcehonwumlwlts FOR ONLY $5,350 Small down payment and balance on terms LOWER THAN RENT! *Lot 70x1 “Briek Canurneuon *Basement *Many Other Desirable Features homes are near the Manor 1/4,,! NAtional 9640 Go-rrum! Inc. SHep. 3688 Expressing the “Warmth and Beauty of Wakefield” One of a New Group in This Popular Development Artistic Decorations social center Fonitis Stoul Cosbmonts are copper Real Open Fireplaces Venetion Blinds scn! Frame Bronze Screens ot J.b'::;:.fi::‘vilh Rock Wool 4708 Reno Road Consider the Features — Compare the Price Checks in final payment of 100 per | Lindsey, vice president and treasurer, cent liquidation of the Alexandria Mortgage Corp., 803 King street, Al- exandria, will be mailed to holders of common stock on September 28, according to Charles T. Nicholson, vice president and executive officer of the corporation. The payment was authorized at & meeting of the board of directors held last Tuesday. The preferred stock of the cor- poration was liquidated some time ago, according to Nicholson, the liquida- tion payments also being on the basis of 100 per cent of the par value. As there are still some remaining assets, C T. Nfl:hn!mn. active head of the | I corporation throughout its existence, is now vice president and executive officer of the First Federal Savings and Loan Association of Alexandris, which was organized some months ||| 2go and declared its first dividend on | | June 30. The new association was chartered by the Federal Government 1o deal in first mortgages exclusively. If you like the eolmtry yoll’ll fall in love with Caffltz It combines every comfort and conven- This Virgin Forest 2936 McKinley st. N.W. 3421 Patterson St. N.W. 2 full baths, finished attic, furred walls, rock-wool insu- lation, screened back porch overlooklng a deep, wooded lot. 2-car brick garage, oil burner. big garage. The lot is 65x120 feet, rally covered with age-old trees. The large attic is all ready to be converted into two bed rooms and additional bath. Price Only $8,950 All Woodland Homes Have Automatic Heat Open every day and evening. % CAFRITZ = Owners Architects Developers handy to stores, churches, schools, bed rooms and bath on first floor. On an enormously big lot with lit- erally hundreds of trees. price is only $11,950. L) “ L= ] HEAITH HOME baths. Furred walls, full attic with insulation; elec. kitchen and refrigeration. Breakfast room, sleeping porch, garage and Quiet May Oil Burner. ete. At Bethesda Bank turn into Old Georgetown Road, thence a short mile to Huntington Parkway — turn left into the en trance to Wood- land. PHILLIPS & CANBY, Inc. 1012 15th St. N.W. Nat. 4600 Experienced AdvertisersPrefer TheStar 8 of the 19 sold before completion That’s ho w good they are Folks come and see them—go away to make comparisons and come back and buy because they can find nothing to compare with them, even at a much higher price! EL TS 9.530 Exce'ptionel construction, fea- turing many unusual details. Beautiful scenic section, over- looking Whitehaven Parkway in the Glover Park section. And at a price that is truly ex- Of pleasing design and dis- Co;z::::n! traordinary—at least $1,000 tinctly planned for practical Arranged under the contemporary living, e market. . 2115 Huidekoper Place We want you to go carefully into the details of construction and finish, for they are what make these homes such a splendid investment Furnished by W. & J. Sloane Exhibit Home Consider These Construction Features # All Cold ond Hot Water Pipes Look Especially at These Features Recreation Room—the home's Unusually Large Rooms Tapestry Brick windows Metal Weather Stripping Copper Gutters and Down Spouts Washable Wall Paper throughout Two Luxurious Baths done in color tile. Big Closets and lots of them Specially Designed Lighting Fixtures | Clear Oak Flooring and Chestnut Trim Slate Roofs with Copper Flashings Sndo- Garage with over- d doors Cuv-loni to stores, schools, churches and transportation Appliances o Sound Brick Construction o Dry, Light Cellar o Detached Spaciousness o Maid’s Fncilitil:s s o Broad Living Room o Efficient Gas Heating Plan » . o . o Lebusanip gt * Baay Mot Ruekos InCludmg Su"'day St, continuing on 31|l| St. two blocks to Manor Place and into Hmdekmr Place. o Five Roomy Bed Rooms o Complete Weather Proofing : o Two Convenient Baths o Proximity to Schools o Wide Front Veranda o Highest Elevation in the City $15,000 Is a “New Low” for Construction of This Type Inspect Tonight, 5-9, and Sunday, 10 A.M. until 9 P.M. Drive out Conn. Ave. to Chesapeake St. bear left and continue 2 blocks to Reno R4, Built by C. R. Matheny THOMAS JFiSHER & OMPANY REAL ESTATE,LOANS AND INSURANCE 738 15th St. N.W. District 6830 Tune in WRC mornings at 10:30 and listen ..—u..-',-,m'"..-« program sponsored by us. MOSS G Tower Bldg. MEtL. 1776 Evening and Sunday, Shep. 3742