Telegram-herald., 1891-10-23
BOON FOR REAL ESTATE
1hs Land 4 gents Hold an Enthusi
sstie b keeting.
10 ORGANIZE j. tPEy ASSOCIATION
Whose Offices IA shall b. to uniss Sellers
and Deaisrs la la 1h ss Ftaa Of
Ssaeertsd Astioa-rFs out
tssk tor Success fiasssrisg-

that has labored under difficulties for
q number Of years Ia developing ths
growth and resources OF the city for
laak OF united action, has taken the
iBiatOFy step toward periecting an or
ganizstion which will, according 10
their belief, materially all in infusinS
life into their business, and prove TO
b. a benefit 70 the business interests
OF the city. This refers 20 the dealers
in real estate.
This important branch OF trade has
NOS received ths extensive advertising
abroad that has been given 20 Others
and the dealers nave shown dispo-
sition 10 work Independently of each
other. Now they have come 10 the
conclusion that united action on their
part will prove beneficial TO all con-
concerned in mutual and public i'm
provement-
Twenty-Five or thirty on the hrstling
real estate men held meeting Tues
day evening at the office of kinsey
& Mercer. In the Widdieomb building.
and did the preliminary work toward
oxaaizing A real estate exchange
The meeting was organized by elect
ing VIM. Ii. Kinsey chairman. and John
Dunton secretary. A reporter Tor the
Telegram Herald having learned of the
steps that had been taken, saw John
Dunton. Yesterday and asked him for an
explanation OF the matter.
lie said that such meeting had
been held but nothing but prelimin-
ary work had been done. The meeting
was largely attended by men of energy
and capital and an extended discussion
was had a. 20 the nature of the organ
fzatlon that viii be formed Some
were in iavOr Of organizing a stock
cOripanv while others advocated a
union simply for mutual Improvement
oi business \ committee was appoint
ed to prepare a constitution and by
laws which will Be presented at the
next meeting 10 be held Tuesday night
al Kinscy < Merecr's office. The ques-
tlOn il expected to De settled at that
time as 20 whether 10 will be a stock
company or not It was decided that
the association shall, have secretary
with office room furnished for his work
and that n paper shall be published
devoted 10 the real estate business.
The paper will be edited by the secre-
@ary and viii be extensively circulated
IN other cities and throughout the
United states
Mr. Dunton said that there are sites
an this city that can not he surpassed
fa any city in the United States upon
which TO erect factories OF any desired
capacity. There is some OF the most
pleasantly located suburban property
here that can be found any
where. and il can be placed on the mar
hft and beautiful homes can be erected
~ n nominal cost, II II shall be
hnndled In an attractive manner. Mr..
nunton alsc said that manufacturers
from other cities have written here for
reformation concerning the outlook Tor
obtaining factory sites. and that there
has been no one 10 follow the matter
up and give the Information desired.
Consequently these inquiries have
been dropped for lack ~ energy In that
tiirectfon. n II were otherwise. many
sudustriez might b. added to the nu
tre-ous ones We now have, giving en-
rlOvrnent 10 more men. More men calls
FOR more homes. and with united action
spn the part OF real estate agents they
ran ~ procured at a reasonable price
whether the association Is stoci
company or not. n has been decided
- give members n chance 20 buv Ger.
TAIN parcels ~ land together II they
4hiuk they con handle them 10 better
advantage than nv working singlv. II
nften happens that a desirable piece
~ property e placed on the marke;
md the owner will not sell II In par
s.~Is. One man NAV not have the funds
st hand TO invest IN order 20 secure
the whrtr of n and y lies id's. whI''
t,n the Other hand. II n few men shall
.inlfe and work harmoniously. as they
than ~ obliged 20 do under the arti
ti~s ~ agreement 20 he presented hy
Ah~ committee. the property can b.
t,urchs~rd. improved and placed on the
market IN an attractive condition.
IL is not the ohieet ~ those form
trfa' tho association 10 wo-k a ''boom
racket" hut 20 secure concerted action
=, srnprovinx property and In lettinc
.he peonie krow ~ the pretty rrres n
zeal estate that arn scattered through
o,rs the city almost unknown 20 tboss
rsft ssf1e n TO real estate business
O-s-@nsrsrsors similar ~ this are r.
sxfS.en~e IN Chicago AMI Other larU'
esfsS< s-rf a. repo-trf 20 ~ 81 meal
rutebie ~nrer. 30 all hH-'-css inter
ests iarrv- runsfser is eNpected q
s.4ens ths novt r,cetfry than va
A. me Iaz+ a-,f rvr~vfo''v owufnT
-oaI sstate VIII ~ admitted to mem
s~rship.