The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-03-02
SALT LAKES REAL ESTATE AND TRADE RECORD FOR ONE IA
that their business is SO well established

that their business is SO well established
that they don't need it.
a. Il. Parsons, Of Kendall & Parsons
1t would be az admirable thing. We have
needed 1T for year. There ought to be a
good strong organization that would be
ready to go in Oh any plausible scheme
that might be decided upon.
II a. Wickersham-I think it might
work, out doubt it.
w. L. Webb-Good thing for the real
estate men. If we had an exchange it will
get rid of the curbstone scalpers. 1t would
prevent the raising of values and teing up
property, defeating the owners from sell
ing at the market prices.
). b. Timmony, of Schreiner & Goa
man VINO pays office rent, license and ad-
veruslng ought TO have some protection
over those who pay nothing.
j. w. Bruner-I believe it is the right
thlng II carried on right. A real estate ex-
change run properly ought to make every
man In the business honorable 1t will bar
out Snldes and irresponsible dealers | was
member of the Denver exchange, where
$50 membership and 80 yearly dues ex-
isted, the second hundred to pay $50 mem
bership. 1t worked fairly we'll The ad-
vantage to the dealer was that if he would
list his property with member of the ex-
change he would get the energies of all the
members to sell it, and would have only
one man to deal with.
j. Il. Boutwell,, of Hall & Boutwell,
haven't any views on the subject, never
having been where they had one.
M. Il. Hocker-I'm supposed to believe
1t is good thing.
Z. j. Conway, of Conway, Cole s. Wat
ertnan-l am one of the ones that first
talked it up here; it would afford protec
ton Tor those who come here to transact
business. There are lot OF the curb
stone dealers that don't pay any license
and bore strangers who come in here-giy-
ing out bad impression of real estate
men.
w. H. Casady-They tried it a time or
two and failed. 1t is so hard to get an
agreement between the real estate men
that they will be bound by If they could
start an association including the substan-
tlal real estate men it would give in their
hands the real estate business of the city.
they are the men who pay for the adver-
using OF the city and for bringing people
here. They spend their money more liber-
ally and serve the owners of property bet
ter than any other class. 1t will dispense
with the services of the curbstone scalpers.
Il. M Wilkinson-We got up union in
the winter of 1913, and there not being
NSiJ luduJ VI Us, lii; DuSlDbSS IGII away In
the summer. On December S. 1883, we or
gained under the name of the Salt Lake
Real Estate board, with fifty-two mem
oers. We ran along frst-rate, and then
the boys got too busy to attend the meet
lngs. They preferred to put in their time
hanging around the hotels looking up Gus
toners. b. G. Raybould was president,
with w. II. Sells as e-president and
Harvey Hardy treasurer, while ] graced
the secretary's chair. There was no mem
Dershlp Zee, the dues being 81 a month.
The expenses were light, as we used the
chamber OF commerce room. If the bows
won't be too busy to attend meetings, an
exchange can be made success The old
BOARD Tell through as they couldn't get
enough members together to elect new
officers.
Jacob Kagey-Have no definite views.
Richard Hope, of Hope Il McKeage-My
idea is and has been forever that we should
have something like they have at Denver.
j. A. Jennings, of Cummings & Jennings
If we could get first class real estate
exchange l would go into it; but there is
more swindling in a real estate exchange
that is not first class than anywhere else.
Il. 5. 9oung-It is a subject | am not
very familiar with, but exchanges, as a
general rule, are a success.
George Particle, Of Particle & Raymer-
1t will be good thing if it stops throat
cutting; that's sure. The trouble here is
you can get only one man out Of ten to go
into such combination.
Taylor Bros.-We are decidedly against
it,
b. Z. Hampton-I have been here thirty
years and do not care TO turn over my line
property. to persons who have Just come in.
Alonzo Young & Cove don't favor il.
but believe in choosing our own partners.
j. |: Gallacher-I suppose it would be
beneficial.
G. H. Knowden-My view is that there
Is not enough combination here to hold
anything together six months There are
so many persons coming in to boom things
That 1t seems to be impossible TO hold them
IN bounds. There are more men selling
property without offices than with.
II. G. Lett believe it guarantees to
ooth seller and buyer straightforward
way of doing business. No member of
such organization can secure membership
unless he is straightforward and honest
dealer. At Denver it is an auxiliary to
the chamber of commerce and has proved a
great advantage to that community. | have
no objection to any man who comes to a
town TO make start by doing a curbstone
business, as long as he acts houorably,
and am not sure but some of
them are quite as honorable as
those who have place of business. A great
many poor devils come here who are bright
active men, who have not $3.50 to pay for a
window, and am in favor of giving them
chance; all of which goes to advertising
the city A real estate man cannot afford
to be anything else than straightforward
whether he is in the board or not. Integ-
rity has its reward.
w. j. Harvey-The real estate exc hange
of Denver has done more for that city than
the chamber of commerce | lived there
from 81 to 'SS. 1T would accomplish more
nere Tor the growth of this city than the
chamber if properly organized
j. K La Tourrette of the firm of La
Tourrette & McGarrie-I was director
and secretary of the San Diego real estate
exchange during the boom there, a charter
member and an active worker in its organ
ization and believe that such an organiza-
ton is almost imperatively necessary in an
active real estate market for the protec-
tion OF both real estate owners and their
agents. The San Diego exchange from it's
Dlrth was self-supporting, no dues being
levied on its members, and during the first
year of its existence accumulated in its
treasury upwards OF 5000, besides donat-
Ing literally to many advertising schemes
for the benefit OF the city generally. Dur
ing this time its shares increased in value
from $40 to SlO0 each. Its success was so
marked that membership in the exchange
was necessary to the good standing of the
agent.
". G. Lapham-Itis an idea that should
be encouraged. Properly conducted, Il
will be productive of much good
Col. Sells-lt is very desirable if it can
be put on It's feet all right
MIR. Dieter of the Dieter-Johnson In
vestment Goa real estate exchange
could do some systematic advertising of the
town, which is something greatly needed.
1t could work together with the board of
trade. The Colorado real estate excbany re
has done more to maintain the market in
Denver than one could imagine. Member
ships were first S25; then they were raised
to $50, and now L believe they are 300.
Judge Colborn-lt ought 10 be done to