Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-04-15
FEES FROM COURT SALES.
The Question Has Been sct''c" Wy
Judnes Lamb and Minor

| An order was promulgated J" wv
Gerry and Law and Equity courts yes'er'
day disposing Of the question OF real
estate agents fees for court sales reiseo
by the Bar Association, ana hNi"B
schedule Of rates. The matter was argued
before Judges Lamb and Miner about two
weeks ago. and the order, when nus pen
| entered in their respective courts Hli-''S
! disposes Of the question. 49,.
The new schedule VIII 90 into eject
May /. 1899
The order IS as follows;
| The Rar Association OF the city or
| Richmond having DiGc6at % the atle.-
| ton Of this court the matter o. the az
! lowances now made by the cou~ 10 ivaI
! estate agents In certain caass' ana alsU
| the matter of the rebate or discount NV
| allowed 10 the said agents by the news
papers on bills for advertising the sateS
of real estate under the ORDERS o. w o
court. and the court having heard uO9e
matters discussed at its bar by attoi-
news representing said Bar Association
and the said real estate agents, iV
spectively. and having matureiy cohslu7
cred the same, dOth no" auJUubc "'N
order as follows:
THE MAXIMUM ALLOWANCES.
The court doth establish the following
as "a schedule or tariff Of maximum az
lowanccs which Will be made from any
after the 1st day Of May, 1872 ana uhui
otherwise ordered by the court 10 lsaI
estate agents for their services 10 tnIa
court or 10 special commissioners, Ie-
ceivcrs. trustees. and all otner persons
acting under the orders Of TINS court, anu
10 executors administrators anu o.n-l
nduciaries who derive their authority
from this court or who are required by
law or by any order Of this court 10 re-
port their accounts Of such sales 10 TINS
court for its action, ana 10 trustees III
deeds Of trust when such trustees are
required to sell subject TO the approval
of this court or to report their sales 10
this court for its action, and IN all cases
not herein enumerated in which TINS court
shall be called on 70 fix the compensation
of said real estate agents ia connection
with all sales OF real estate mace ON or
after the LIST day Of May, 1899, wherein
such real estate agents shall act as
agents. and not merely as carriers OF the
Dropcrty-viz.:
WHAT THE RATES SHALL BE.
When the purchase price mot for each
piece, but for all the properly 500 uiI So
the same decree) is FIVE thousand dOl-
lars $4,000 or under. a commission OF
one and one-half per centum on Inc pui-
chase price. e..
When such purchase price exceeds hVe
thousand dollars 5000. but does not
exceed fifteen thousand dollars NlJ,VWl. a !
fee of seventy-ave dollars go ana !
commission Of one ana one-l0uIih PEI |
centum on each one thousand doldi9; I
or fractional part Thereon III eNCeSs % !
five thousand dollars. &c
When such purchase price exceeds NJ |
teen thousand dollars Glo.WV' DuL uoes |
not exceed twenty-five thousand ooDaIs !
(S95 O0M q fee of two hundred dollars /
(s20O and a commission of one per centum |
ON each one thousand dollars, or irac-
tional part thereof IN excess or nlteen |
dollars.
When such purchase price exceeds |
TWENTY-FIVE thousand doliars lS-9'"yJ, Du.
does not exceed fifty thousand dollars |
$4,000. a fee Of three hundred dollars |
5000 and a commission Of three fourths |
Of one per centum on each one thousand |
dollars. or fractional part thereof IN eN-
cess Of twenty-five thousand dollars.
When such purchase price exceeds fifty |
thousand dollars $4,000. a fee Of five |
hundred dollars $500, unless some othcr |
fee shall be agreed on between the agent !
and the officer Of the court, with the |
approval of the court, in advance OF the |
When the service rendered is merely |
that OF crying the property, fee Of ten |
dollars.
CONCESSIONS on ADVERTISING.
1t Is further ordered that from and |
after the 1st day Of May, 1899, and until |
otherwise ordered by the court, the court |
will allow TO real estate agents Whatever |
rebate or discount mot exceeding tWen- |
ty-tve per centum may be allowed 70 |
said agents by the newspapers on bills |
for advertising the sale Of any real estate |
which may be sold on or after the LIST |
day Of May, 1899, under any order of this |
court. or by executors, administrators, |
and other llduciaries who derive their |
authority from this court. or who are |
required by law or by any order Of this
court 10 report their accounts as such,
Or the accounts Of such sales TO this court
for its action. or by trustees i'm deeds Of |
trust when such trustees are required TO
~
Or TO report their sales 10 this court for
its action. and I'm all cases not herein
in which this court shall be
called on 10 determine the right of said
real estate agents to receive such rebate !
Or discount; provided the bill for said adj
lerusing shall have been actually paid
.y said real estate agent. and shall not
nave been refunded to him within ninety
lays from the day Of sale by any person.
Tor received by him within that time
rom The rrOceeds Of said sale.