The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1909-06-26
BANQUET CLOSES
BIC CONVENTION
Wind-Up Feature of Real Estate
Mems Meeting Is Brilliant Affair
Gifts For Officers

The second annual convention or
the National Association OF Real Es'
tate exchanges came to a brilliant
close. Friday night, with very elab-
crate banquet In the historic main
dining room OF the Hotel Cadillac,
which has been the scene OF many
notable gatherings. Another has now
been added TO the list. for the men
gathered around the tables represent
ed most substantial business interests
in all sections OF the country.
There were several little surprises
IL the course of the evening. POST
master Homer Warren and Mr.. Blood,
OF Cleveland, became engaged In a
wordy jangie which seemed very real
at first. but which proved TO be mere
ly well-planned burlesque leading up
TO the presentation CO souvenirs 10
retiring President A. n. Frederick, OF
St. Louis: retiring Secretary w. A.
Greenlund. OF Cleveland. and exeeu'
tive Secretary +. A. Halsey, or Chi
cago. Mr.. Frederick's gift was a set
OF diamond cuff links, while Messrs.
Greenlund and Halsey each received
a beautiful stick pin.
Lester +. Wise. president OF the De.
troit Real Estate board. presided as
toastmaster and kept things moving.
The Rev. s. s. Marquis delivered the
invocation.
Mayor Breitmeyer, In an impromptu
address. declared that the street car
question Is going TO be settled and
that the real estate men are going to
help settle 1t.
Il understand you In Cleveland have
a low tax rate" he continued, address.
ing the Cleveland delegation. I'VE
have had one here for the past two
years, and the result Of 1t is seen
In our bad streets. You can't keep
up city properly unless you conduct
1t as you would your own business.
Retiring President Fredericks
thanked the Detroiters for the great
hospitality shown the visitors, sdeclar-
ing that the members OF the local
realty board had more than made good
ON their promises.
Joseph =. Day. president OF the
New York Real Estate Brokers Ex-
change. said that the only commodity
In New York city that did not break
in price during the panic was real
estate, and that, while stocks and
bonds were being thrown overheard
at a great loss by certain institu-
ton its real estate holdings showed a
profit of from 10 10 200 per cent.
W. w. Hannah, of Detroit. in very
neat speech, expressed his gratitude
for the honor conferred on him By
Il In al IL
dent
Our association has a clearly de-
fined purpose" he said. I'VE stand
Individually and collectively for the
bet.erment OF the real estate business,
and 1t Is for us TO justify the exist.
enco OF our organization Try adherins
10 that purpose and by making this or
ganization the recognized voice OF the
real estate interests OF the country"
Judge A. ]. Murphy talked on DE
troit.' incidentally paying pretty COM
pliment to President Hannah. He spoke
OF the real estate mans important
place IN the scheme OF human better
ment and made a splendid appeal for
a higher citizenship to conserve the
heritage that had come down TO us
from the day when the Lily OF France
was supplanted by the cross Of King
George and both faded into the past
under the unfolding Of the emblem Of
liberty and equality.
James Schermerhorn, publisher OF
The Times, spoke for the fourth es-
tate" setting forth how the press CO.
operated with the real estate men In
proclaiming the renown of queen
cities OF the west where the principal
industry Is the crossing Of two rail-
roads" He didn't doubt for a min
ute that Weston's 4,000.mile stroll
across the continent was to prove that
one Of the idely-advertised sub
divisions near New York was within
easy walking distance OF Californias
soft italian climate"
Attorney Clyde I. Webster spoke
eloquency on THE REAL estate" and
z. A. Halsey, of Chicago, discussed
possibilities.
Harold Jarvis entertained the real
estate men with several pleasing selec-
lions. Homer Warren and Robert II.
Murray sang The Sword OF Bunker
Hill" and the Cadillac orchestra rem.
dered a well-balanced program
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