Evening star. [volume] (Washington, D.C.) 1854-1972, 1902-12-11
REAL ESTATE EXCHANGE.
President Heiske1l Delivers Annual
Address-Buffet Lunch Served.

large number of the members of the
washington Real Estate Exchange met last
evening at Barton's, when the first anniver-
sary of the establishment of the exchange
was celebrated, and the annual meeting
held. Business matters were considered,
and the reports of the president. Mr.. jesse
L. Heiskell, and the secretary, Mr.. John E.
Mitchell were read.
In the course of his report President Hels-
kell said: 'On December of last year the
real estate brokers of this city held their
first meeting for the organization of real
estate exchange, and on December 10 a
permanent organization was effected The
objects of the exchange were primarily to
confine the real estate business to its legiti-
mate channels and to secure legislation to
better certain existing conditions. We feel
that we have achieved measure OF success
along these lines commensurate with our
short existence.
IN conjunction with the bar association,
we obtained the removal of the offices OF
the justices of the peace to central loca-
tions, which in itself was matter of the
greatest Importance to every member OF the
exchange. Later our concerted action was
successful In defeating the attempt to sad
die tax of $500 upon the brokers.
When the organization was formed 1t
was estimated that there would be a MEM
bership of about 100 Instead we number
121, showing that our expectations were
more than realized. Auction sales have
been well attended and good figures OBJ
tanned"
He also stated that during the year 406
pieces of improved property, aggregating In
value $685. $50. had been listed on the ex-
change, and 1S6 pieces of unimproved prop
erty, aggregating $1,I04.9 800. There have
been seventy-two applications for property,
aggregating in value $514 900. Thirty-four
pieces of realty have been sold at auction
in fhn yphn 10 No. %
soon a law in the District against auction
sales on the sidewalk
One of the matters discussed was a pro-
posed change in the building regulations,
stfpulating that the height of the struc-
lures shall be figured from the base of
the building and not from the curb line.
The president was authorized to appoint a
committee to consider the matter and to
report to the board of governors as to ac-
ton to be taken.
The president was empowered to select
a committee of five to choose names of men,
bers to succeed the three retiring members
of the board of governors
A buffet lunch was served and the rest of
the evening was devoted to social enjoy
ment.
The following are the officers of the ex-
change: Jesse L. Heskell, president; R. G.
Rutherford, first vice president; c. ]. Bell,
second vice president; John E. Mitchell,
secretary and treasurer; board of govern
ors, James F. Hood, c. 1. Sloan, j. L. Heis-
kell, William Corcoran Hill, r. G. Ruther-
ford, B. F. Saul, William H Saunders,
George w. F. Swartzell and w. r. Wilcox
Following is a list of those who were
present: Messrs. Jesse l.. Heiskell, r. G.
Rutherford. William H. Saunders, William
Corcoran Hill, B. F. Saul, W. r. Wilcox.
John E. Mitchell, r. W. Tyler, A. p Far
don, Joseph l. Weller P. H. Hill, John M
Henderson, A. s. Caywood Charles A.
Shields. E. Lodge Hill, T. ]. Owen, John A
Keenan, F. w. Reeves, William R. Hodges,
A. T. Coumbe. George R. Repetti, William
K. Ellis, o. S. Smith, R. E. Bradley, George
Weed, James H. Taylor, L. S. Lpscomb,
James F. Shea, c. s. Everett, John Quinn,
S; c. Hill, Watson ]. Newton and H. L.
Rust