Los Angeles herald., 1910-05-19
SUBMITS REPORT
TO REALTY BOARD
Annual Election Will Take Place
at Next Meeting of Or
ganization
DELEGATES FOR MINNEAPOLIS
Pasadena Realty Dealers Ask
Cooperation to Improve
Huntington Drive

The Los Angeles realty board met
yesterday for the last time preceding
the annual election OF officers, which
will take place June 3, and received the
report for the fiscal year. The meet
ing was held at Christopher's cafe, and
w. M. Garland, president, who has
just returned from washington, D. c.,
where he went with the special COM
mittee appointed to aid and promote
the San Francisco exposition, planned
for 1915, presided for the last time, as
on May 20 he will leave Los Angeles
to be absent some time in Europe. Ac-
cOmpanied by his family, ne will make
an extensive tour.
The board received communica-
tion from the Pasadena realty board
calling attention to the deplorable con-
dition of Huntington drive between the
end of the paved section on North
Broadway and the south line of South
Pasadena. The Pasadena realty poard
asked that the Los Angeles board CO.
operate with it by taking the matter
before the city council. The Pasadena
board will call the attention or the
supervisors to the bad condition of the
driveway, and between the council ana
the board of supervisors 1t is hoped
to obtain immediate relief.
AN AUTO WAY
The driveway complained of by the
Pasadena board is one or the prlh-
cipaI automobile thoroughfares COM
Meeting the two cities and Is usea
more than any other driveway, II IS
said in the county. the good rodus
bond election provided for the improve
ment of this thoroughfare, and the road
is to be macadamized in its turn, put
This cannot be done, it is said, far at
least a wear and a half yet, and the
realty boards of both cities, urged py
all owners of automobiles and other
vehicles who Frequently travel on Hunt
ington drive seem anxious TO optdlh
relief sooner than 1t can be given py
the supervisors. s ,,o+ad
The Los Angeles realty board Voted
m have its governing committee take
tho matter up with the city council at
its next meeting. So,
THE hoard also voted to send dele
gate to the annual national conVentlo1n ~
of real estate men. to meet June lo-t
at Minneapolis The report OF Presl- ISL
dent Garland reviewed the WORK Oh tne
last year and was received Will III iuo'
interest. The report follows:
GARLAND'S REPORT
c, ossuned the presidency OF the realty
board In June last thirty-eight applications lot
m membership have been obtained ana taVoIapIS
acted upon, twelve of these being active Ilelii- '
hers A special feature or the alllpaisI,' @
Witch was undertaken by come OF the mem
hars of the governing committee anu olAHeIs
tn increase the membership was a very sue
cessful endeavor to enlist the tl'el n1t' rIv
operation of the banks OF the cry neaii'
ali of which are now associate members
Early in June the state ooara OF equa,aro .,ia1a
tion requested conference WIN 'ne baId
hars ~ the board and meeting was helu
In the board rooms at which such members
as responded to a necessarily hasty call, as
cussed with the state board OF equal.n 70. ',pil %
the matter of assessments ana agreed W 1p
nraise certain pieces of property IN tine CITY
which were selected as typical. cointilit t
tee of our members, comprising cnlehy nj NJ
who we're most familiar with downtown val
ues spent several evenings and IN Iact'
worked until into the night in an eHort 70
meet the stated desires of the state BOARD
and accurate figures on over hundred pieces
Of downtown property were arrived at
INCREASED VALUATION
Subsequently the president and other officers
attended the official hearings OF the STATE
hoard of equalization and compatteo the uh-
iust,Aable valuations placed upon the same
nnIecee of property by three alleged appraisers
emnloved by the state board one or Whom
admittedly knew nothing whatever about real
estate or values; another altnousn IN tne
real estate business, proving a;most as IL
norant as to business property. You are IA
miliar with the heavy increase In assessments
made by the state board or equanzation' put II
is almost positive that this increase would
have been still greater had it not been Tor
the efforts of the realty board. our eIorts
In this direction are, of course just as oene,
fetal to property owners as 10 agents ana
should appeal very forcibly to all property
owners. 49,, ~,
SCRAP books are being compiled which will
be retained in the offices of the board for the
use of members which constitute record of
the important transactions in real estate
throughout California and should in the fu-
ture prove of the utmost value
WASH SALES"
ton
on several occasions which seemed to be
demanded. For example, a resolution de-
nouncing wash sales and fictitious reports
OF sales, was passed with good effect tor the
benefit of a member who overstepped the
bounds of discretion trm stand was taken
against the creation and maintenance OF n
manufacturing district IN front OF or alonS
the approaches to Agricultural park. The ad-
Vertsing of purely speculative propositions
and others of dubious nature was depre-
Gated in a formal resolution which was pub
lished The committee has also taken ap-
propriate action in support of the harbor
bonds issue, the individual purchase of school
bonds, the river bed improvement committees
plans for identification, the annexation cleo
tons, in efforts to compel the Southern Pa
cifc to fulfill its obligations relative to the
Fifth street depot, and other matters of public
interest which tend to ice the value OF
and increase the demand for real estate
STATE FEDERATIOS
The only matter upon which a difference Of
opinion has arisen in the board was as to
street specifications in new outlying tracts.
An ordinance which, in the opinion of the
majority of the board, subsequently expressed
at regular meeting, would have proved OBJ
-iectionable was proposed TO the city council.
Action upon 1t was deferred at the suggestion
of officers of the board until the question
could be discussed by the members generally.
The result that the stand of the board
of public works in favor of the maintenance
of the present high standard tor all streets
acc capted by the city, was endorsed, and the
proposed ordinance was not enacted. 1t is in
eVitable that in questions OF this nature af-
fecting the financial interests of individual
members, those interests may some
spacts be contrary to the interests of the city
as a WHOLE which the board as organiza-
ton, is bound to protect However, after the
meeting of the board referred to, every effort
was made by the boards officers and the
governing committee to arrange a compromise
which would be satisfactory both to the
board of public works and to all the individ-
ual members concerned.
At recent meeting the delays in street
opening and widening proceedings We're
thoroughly discussed. and the result of
a suggestion made at that meeting 1t is
highly probable that relief will be proposed
in connection with the forthcoming revision
of the city charter. This is a matter which
Directly affects the interests OF the majority
of the board. and indirectly those of all
large property owners and every effort will
be made to improve the present conditions.
STATE FEDERATION
A large delegation from this board at
tended the convention of the State Realty
federation at Ookland last August and took
a prominent part in the proceedings. Incl
dentally the advantages of Southern Cali
friends. These conventions are most COM
mendable and tend to promote harmony
and knowledge of the various parts of the
state and to discourage narrowness and