The Providence news. (Providence [R.I.]) 1891-1906, 1892-02-24

The Meeting Of the National Real
Estate Association.
THE BALTIC MILL ESTATE.
An Organization of Lot Owners at wash
ington Park To Be Formed Home In
vestment Company To Move - Inten-
tions to Build.

A three days session OF the National
vile, Tenn. The session began on Wednes-
day OF last week. The object Of this meeting
was to form natioRal association OF real
estate agents, through which a more
uniform system OF transacting business
might be established; to create closer
fraternal relations between agents aud
owners; to encourage the organization Of
State associations and real estate ex-
changes in the various cities of the coun-
try to direct legislation in reference TO
laws bearing on the transferring OF realty,
simplifying lien laws, mortgages, etc, and
to elevate and dignity the real estate busi-
ness in all it's branches; 10 direct, as far
as possible, the investment of money III
those sections promising the greatest re-
turns, and TO discourage wild speculation
in unpromising localities.
Gov. Buchanan opened the meeting with
an address OF welcome. He was followed
by Mayor Guild and George III. Armistead
OF the Nashville Commercial Club and j.
G.. ,Bartle, secretary of the Milwaukee,
Real Estate Exchange. Men OF promi-
nence of many parts Of the country were
present and took part. Papers were read
on the following subjects
Homes for the Working People-How
May They Best BE Procuredsn "How Can
We Secure Uniform System OF Trans
fers in the Different Statesy" "What is
the Best Form Of Investment for the
Young Men of our Countryp "The
Moral Effect of Safe Investments as Con
trasted with the Demoralizing Results of
Speculation;" "The Most Comfortable
and Least Expensive Homes for People of
Moderate Means;n ''The True Mission Of
the Real Estate Agent" Building and
Savings Associations-Their Stability and
Solvency:" "The Organization of Real
Estate Exchanges-Their Object to Ele-
vate and Give Dignity TO the Business of
the Real Estate Agent
The Hon. NJ. f. Pitcher was elected
president and II. NJ. Kline secretary. Mr..
Isaac l.. Gof of this city is vice presi-
dent OF the organization.
The Baltic Mill estate, three miles from
Willimantic is offered for lease for term
of years, by the Ponemah Mill Company,
who have purchased the property. The
Ponemah Mill Company owns all the
water power on the Shetucket river be-
tween Baltic and Willimantic, and are
prepared to lease the water power and
mill sites for buildings to parties desiring
such facilities for manufacturing pur-
poses. The property is very desirable and
is well worthy Of the attention of those
contemplating the formation of a new in
dustry or the enlargement of an old one.
IL is proposed TO employ electrical ma
chinery in connection with the water
power, for the transmission of power TO
the desired place of application. The pro-
perty is on the New York and New Eng
land Railroad, aud is easy of access, which
is an important qualification, as the facili-
ties for receiving of material and the
carrying of finished products is great
factor in the choosing OF site for an in
dustry.
The following notice has been circulated
among the residents and those who intend
to build at Washington Park:
You are cordially invited TO attend a meet
ing Of lot owners At Washington Park, to be
Company, on Tuesday evening, March /, at
7:30 o'clock r. NJ, to form an organization
which shall aim to promote the interests of
Washington Park, whether social, material or
Many of those who expect 20 build during
this year, have expressed desire for such "a
Eociety.
There are special reasons for expecting un-
usually cordial and neighborly relations
among the prospective residents at the Park,
and 10 is believed that thrnugh wise co-opera-
tion all our interests may be advanced.
Such an organization would probably be
OF the character of "a rural improvement
society, and as in other places would tend
- enhance the value of the real estate and
elevate the reputation of the neighbor-
hood.
lstitc L. uoIl, toSeJner WIN the nome
Investment Co., in whose Office are the
headquarters OF the Company, will begin
business tomorrow in the new office at
the corner of Weybosset and Dorrance
streets. The business has outgrown the
present quarters and n new location was
obtained. Mr.. Goff Is To be complmented
on his growing business and that of the
Home Investment Company, of which he
is an officer
The following notices of intention TO
build have been received at the city engi-
neer's Office during the week ending Feb.
10, 1892 Val Germershausen. corner Lex
ington avenue and Niagara street; Philip
a. Monroe, Jr., corner Humboldt and
Taber avenues; Daniel q. Niles Wads-
worth street; Daniel Perrin, High street;
Henry Wills, Lisbon street.