The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-12-06

rho Real Estate Men lIonnd Together
~ Brothers.
Outline Of the Embryo AssOolailoP'
Policy aud Purpose.
Pralsoworlhy, Profitable Propositions.

The adjourned meeting Of the real estate
dealers OF this city met last night at the OF
fee Of Mr. j. s. DauPherty, pursuant TO
adiournmrnt and took steps looking To the
permanent organization oil a state associa'
tion. ,.
a circular was framed ard adopted to DO
sent TO every lana agent III the state, AZ lol'
lows:
DEAR SIR-Believing that the advantages
to be secured by an organization OF the
prominent land men of Texas into a per-
maDeut state association has already been
too long neglected, we have determined TO
make move in that direction by inviting
those who may wish to become mem bers 10
meet at the rooms OF the Merchants Ex-
change IN Dallas, on December 18th, 1888,
at o. m, for the purpose OF affecting the
organization. Our idea OF some OF the
prominent objects to be secured ny the as
scciation are: First-To assist in encour-
aging immigration, advertising the re
sources of Texas SecoDd-To secure strict
integrity in all transactions pertaining TO
purchase or sale of real property msoe by
members of the association. Third-Io Sc
cure to every owner of real property In tHis
state, whether individual, firm, corporation
or iund in the tull enjoymeat OF
the exclusive use of it. Fourth
To facilitate the transfers of
real property. We believe that j, these
objects are attained that the available pub
lie chool fund of the state will be so rap
idly increased; that real property will adj
vance much more rapidly in value, ana that
the general revenues of the state Will be So
multiplied and augmented rs 10 permit o. Il
still further reduction i'll taxauJn. In
order to render the association permanent
ard effective end to secure the greatest
good to its members, we think
that the membership should be linz
tied to some given number sntdcient-
lv large to embrace the prominent
real estate men Of the state who may wish
to become members that no individual firm
or corporation should be permitted 10 own
or control more than one membership; that
the amount st which membership shall
be fixed tor all those who become members
at tbs December meeting shall not be less
than $500; but we think it should be at
least 81 600, to be paid in installments OF
not more than Sl0O every 80 days. that
the money accrueing from the member
ships should he invested as the association
| may direct, TIL The memberships should
| he assets in the hands of the owners TO Sc
cure first, the faiLnful performance OF all
contracts made by one member with an
other and, secondly, with any ole not a
member in reference TO all real estate trans
actions. The above outlines briefly sum
our views as the basis of the organization,
and We trust that when'we all meet That
through the multitude of counsel sufficient
wisdom may prevail to create SUCH
an association as will accomplish the desired
end. You are cordially invited to be
present. Yours Very Respectfully,
GANo BROS,
J. s. DAUGHERTY,
f. NJ. POWELL,
VEAL, COOPER IL Co,
w D. WYLIE e. Go. -
The following resolution, by Mr.. ]. s
Daugherty, was adopted;
Resolved, That we also invite the stat'
land board, especially the commissioner
the general lend office and such members
of the legislature as have made specia
study of the land laws of our state, to NEE
with us and cooperate with our COMMITTEES
5 on Legislation in Grating law in regard e
: the best disposition to make ofthe publ.
) school and other special fund lands as wei
as toramedy the evil of fence cutting.
e The meeting adjourned till Saturday, D5
D cember 15,n. The secretary, Mr.. q. II
!. Cooper, desires that ali who expect to at
8 tend the convention called for as aoov
t will notify him rs early as possible, 5
ALI hon