The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-09-03
VORED BY ALL
REAL ESTATE MEN IND0RSE
THE CONVENTION.
NORF0LK'S SUGGESTION A GOOD one
What the Real Estate Men Think
About It-Matters 10 Come Up for
Discussion Roanoke the Best Place,
The Tax ON Business Opposed.

The Real Estate Exchange of Norfolk
has suggested that convention of
all the real estate dealers in the State
be held in that city sometime during
October, and is making an effort to.
get the real estate men interested in
the movement.
A TIMES. reporter Yesterday inter
viewed number of the prominent
real estate men of Roanoke as to
their views on the movement. Mr. j.
Walter Boswell, of the firm of Gray
g. Boswell, said: 81 think it would be
a good thing for TIE real estate men
of Virginia to get together and ex
change ideas and discuss matters of
mutual interest. Some rules for the
regulation of the business should he
adopted, or a State real estate .ex-
change should be established. I am
for the convention. but think 1t
should be held in Roanoke, since Roa-
noke does more real estate business
than any other city in Virginia OF
her size.n
The reporter called next upon Os-
car ID. Derr, who said: Il have seen
the circular sent out by the Norfolk
real estate men, and think well of the
proposed convention. / have often
thought that a State real estate eY-
change was advisable. 1t would
bring all agents together, when they
could consult as 10 t1fe-DG rods
of exposing the advantages of the
Stare, as well as to adopt measures to
run out the unbusines--likea and wild
cat sort of agents who infest towns
and sell on any commission they can
get, divide it up with purchasers, etc.
There are many other abuses TO be
corrected in selling real estate, plac-
ing stock, and SO on
do you think Norfolk the. place for
the meetingT'
Yes, l think Norfolk would he a
have seen it here, Norfolk men first
proposed this convention, and are en-
titled to have the first meeting. We
would come In for the next.
Mr. w. p. Taliaferro. Of the firm OF
Dupuy g. Taliaferro said: Il consider
the holding of Il convention as an inn
portant movement. 1t will be of adj
vantage to the business Tor the real
estate agents to meet together, eI-
change ideas and formulate plans for
the regulation Of the business. l
think that in this way it will greatly
help in the development of the. re-
sources of the State. Norfolk is a
good place tor such meeting
Mr.. l. L. Powell, of the firm of Pow,
ell s. Co., said: II regard the meeting
us important, but it should be held ip[r
Roanoke. Such meeting woulIS
doubtless result in much good to tils&
business and the State....Ay SlSj COZ
lects tax of one fourth Of one per
cent. on all the gross transk ,tions OF
real estate agents Ii for moth sSg else,
the real estate men of the State should
meet together and formulate some
plan TO secure the repeal of this tax,
which is hindering the development
of the State, and this makes the hold
ingof convention donbly important.
No class of men have done in recent
years, or are doing, more for the de-
velopment OF Virginia than real estate
agents, and they should not be ham,
pered in their work by this apprehen-
sive tax. You can put lie down as
strongly in favor of the proposed
meeting.n
Mr.. James S. Simmons said: Il
think an organization Of the real
estate agents of the State would do
much good. Roanoke is justly en-
titled to the meeting, as it hr started
the boom of Southwest Virginia.
70 per cent. of the real estate agents
of the State are west of the Blue
Ridge. + am heartily in favor of
convention Of the real estate men,
and believe that much could be ac-
complished for the good of the State
by such meeting
"yVhat do YOU think Of the sugges
ton Of Mr.. Powell concerning the
tax on real estate transaction.
II had not thought of the tax ques-
ton in connection with this matter
before. Mr. Powell is right. Some
steps should he taken to relieve this
BURDEN
F. B. Kemp favors the convention.
1t should be held in Roanoke, bow
ever. There are more real estate
agents in this section Of the STATE
and more business is done here than
in all the rest of the State. We are.
the pioneers in the BUSH ess, and the,
others ought to come to us. There;
are many il portant matters TO be
discussed, and on which there should
be united action. This tax on our
business, for instance. We are heavily
taxed on all our property, on our
capital. We have to pay a licenses,
and in addition comes this unjust tax
of one-quarter of per cent on gross
sales.
rnA1x RcWRERs EAST.