The Washington times., 1901-12-04
REAL ESTATE MEN
PLAN TO ORGANIZE.
A PRELIMINARY MEETING HELD.
Curbstone Brokers and other Evils
Discussed-Commitfe TO Form
Plan of Association to
BE Named.


The "curbstone'' real estate broker
must go if the licensed and legitimate
real estate men can prevent his existence
| in the business. preliminary meeting
! WIS held last night at the Hotel Barton
to consider tbs adyisability and feasibility
of forming Washington real estate ex-
| change Forty or more brokers were pres
ent. Several men prominent in the bust
ness expressed themselves caustically re-
gardinK the evils of the curbstone broker,
the tenant who does not pay or VINO fails
to live up to his contracts, the cutting of
commission rates and the present system
OF holding auction sales. A resolution was
adopted unanimously that a committee be
appointed to formulate plan for an or
gan6ed exchange of the legitimate bro
kers Of the District. and in two weeks an
other meeting will be held that will per-
feet an organization. II is proposed that
an auction exchange be made part OF the
plan.
The meeting weg called TO order by o.
II. Warner. and when SIR Warner declin-
ed to serve as chairman Mr.. f. II. Smith
was chosen. Mr.. George G.. Brown, of 3.
II. Warner q Co. was selected as secre-
tary Of the meeting.
Committee on Organization.
Mr. William Corcoran Hill Immediately
made motion that committee Of five
be appointed By the chairman TO formulate
plan for the organization. The motion
was deferred until later In the evening
and then passed unanimously, with the
amendment that the chairman be allowed
to make the number OF the committee
larger in his discretion. The names of
the committee will be announced by Mr..
Smith later.
Another motion was adopted directing
the chairman to appoint a committee TO
go before Congress with a view to having
the new code of laws revised in the por-
ton relating to the justices of the peace.
Mr.. Smith appointed on this committee
E. L. Wescott. Chairman; L. p. Shoe
maker. l.. ID. Wine, h. F. Saul, and b. II.
Warner.
Among those who spoke in favor OF the
organization OF the real estate men were
William Corcoran Hill, b. II. Warner,
Thomas G.. Hensey, Colonel Rutherford,
Louis p. Shoemaker. Z. S. Wescott. Chair
man Smith. Jesse L. Heiskell, and David
Hill.
Mr.. Heiskell advocated the changing of
the new code with reference to the JUS
tees of the peace. so that cases between
landlord and tenant may be tried before
them in the district in which tenants re-
side.
4 Period of Prosperity Corning.
Mr.. Hensey advocated such law as
that which prevailed several years ago
requiring real estate Iaen to give bond
for $1,000 before they could do business
as brokers. He also advocated asking the
trust companies to become members OF
the exchange in order that the trust COM
pany cut rates for making loans may be
abolished If possible. Mr.. Hensey ex-
pressed the opinion thai period Of fine
is beginning for the real es-
tate interests. and he suggested that the
full benefits of these good times can only
be obtained by an organization OF the men
engaged in the business
David Hill, of Moore & Hill. said that
in his opinion one OF the chief benefits of
an exchange would be the possibility of
securing a list of undesirable tenants who
might be stunned by the members.
An Auction Exchange.
C. c. Duncanson the real estate auc |
tioneer. advocated the establishment of |
an auction exchange in connection with |
the organization. He said that it would |
interfere in no way with the private |
sales of the brokers and would greatly IA
,ilitate auction sales and be of benefit not |
only to the brokers. but to their clients.
Tho next meeting to receive the report I
1f the committee Oh organization is to
be held on Wednesday, December Is. and
he hope is expressed that every licensed
broker in the District will attend.
Among those present last night In ad-
iition 10 those already mentioned were
Zach NJ. Scott. George W. Llnkins. J. c.
Foedon, ". II. Acker. William X. Ellis.
J. C. X. Campbell, Conrad Dodge. II. r.
Fiowenstein. Jordan & Thomas. \. II. Me
-achlen, Gasch Bros, willard ~ Reed. c.
4. Shields Theodore A. Harding. Arthur
/ Cole Company, John F. Pa-et, and
Iuyck 6 King.
a motion was adopted before adjourn
nent thanking the management of the Ho- !
el Barton for the use of the hall.