The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1909-04-23

the Commercial club rooms Monday
night and thresh out the question of a
constitution.
H. A. Heath. who is one of the lead
ers in the formation of this exchange,
spoke in favor of an organization at
the luncheon meeting today. THE
realty men," said Mr.. Heath, ARE the
ones to boost Topeka, and the Topeka
realty men are capable of doing it.
These realty exchanges or associations
have done a lot for other cities ard
there is no reason why 1t wouldn't help
Topeka. Our values Of real estate here
are lower than in most other cities of
this section of the country. People out
side do not know it though. We must
advertise this and when people know
the values in this city are lower than
in others, they will come here and invest
in real estate. The only purchasers we
have now are those who have to buy.
Even local people who have money to
invest seem not to be awake to the
opportunities. What we want to do Is
to stand together, and advertise Topeka
at home and to the world.
I'VE local real estate men should
have some uniform methods of business
as we'll, for in this way we can pull to-
gether to the mutual advantage of all"
N. 3. Burge expressed himself heart
lily in favor of an exchange. Mr. Burge
said: There is no other class of men
in Topeka who are better able to boost
people more than We do. The real es-
tate man is invariably the first man to
come in touch with new residents.
What we want to do is to stand to-
gether and boost our town before the
people who are thinking of coming
here.
"Our meetings would help us a lot.
We could get together and discuss i'm
portant business. Besides our associa-
lions at the meetings of the exchange
would promote a better feeling among
US and a greater interest in each 9TH
ers welfare. The greatest good that
could come of such an organization is
the general understanding in Topeka,
and the standing together for the boost
ing of our city before the world
Elmer Barnes told about the work
| ings of the Denver exchange. Out there
said Mr.. Barnes all the realty men pull
together. There is a uniform rate of
commission. And the association occu-
pies a highly prominent place in the
business life of Denver. 1t is looked
up to by the business men. The Den
yer real estate dealers in the associa-
ton do not recognize the curbstone
! brokers who are the greatest pest to
the business. There is a penalty pro-
vided for offenses against the rules and
ethics of the exchange, and an arbitra-
| ton committee settles all dispute aris-
Ing from sales in which more than one
dealer figures.
w. NJ. Forbes said that an exchange
! would advertise the city in a way that
| it would not be advertised from any other
source. I'VE would also have a uni
| formity of commission as WELL" said
Mr.. Forbes. I'VE should by all means
| form an exchange and cooperate with
the Commercial club. In San Antonio,
/ there is an exchange which has raised
values much higher than they are in
Topeka. while there are not one-third
the factories there. nor not nearly as
much to recommend the city"
Mr.. Heath, Scott Hopkins, Will KEEL
| ley and others talked about the home
seeking excursions on the railroads in
| this section of the state. On the Santa
Fe no homeseekers from the east are
allowed to have the benefit of the rate
this side of Emporia. On the Rock Is
land Harrington is the eastern point
while Manhattan occupies the same rel
alive position on the Union Pacific
This takes prospective purchasers right
through Topeka. Kansas City has g
i special dispensation which allows a ter
days stop over Mr.. Kelly expressed
himself favorable to adopting some