The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-06-02

VIII Esta hlish Exchange.

That the movement for the estab-
rshpen. of a. real estate exchange In
Richmond has not been allowed TO
rather moss. is demonstrated by the
fact that a meeting OF local agents ~
called for Monday afternoon AZ s.%o
O'Clock in the chamber or commerce
10 discuss the matter and outline ten
tatiye plans for a permanent organi-
xstion. Th. movement has been re-
neatediy mentioned and urged by
The yirgsnian and has gathered ad-
yoca,e. as II was pushed. until now
majority of the local agents are en-
thusiastic over the advantages 1t Of
fers from a purely business stand
noint Many other large cities oper-
o te such exchanges with success. and
Rtchnond's extensive operations
seen tn demand this organization 10
make for better system and more
economic results.
n ia aimed TO make the exchange an
auction place at which all properly
sa,as will be posted In advance. 1t IS
thought that this method would nrins
a,aay more buyers out 10 tHe saieS'
stimulating the bidding II is pro-
rnsed smprE other things - naNe
ht.fars,. for the recording Of all sales.
~ that authentic Information may Dc
ubtainable at anytime.
II Ia tentatively thought that the
Chnuber of Commerce and ManuIac
tnfers' building. which will be erected
at The corner OF Sixth and Main streets
soon, will shelter these two orga niEa-
tons, the Builders and Heal Estate
exchanges. the Commercial travellers
travellers Protective association, as
we'll as other commercial organizations
thus centralixlng the entire business
<t.s, q - isSf firing of fhf city,
These things win be discussed Mon
dny. and some definite steps Will PROB
ably be taken toward the preliminary
work ~ the movement
Extend Isonrhardy Street.
Another development OF more than
passing interest Is the announcement
81 the Land Investment corporation
;tat 1t has decided TO extend l<oiT'~
hardy street through Chamberlayne
Court, TINS giving Erect means Of ac-
less hctweer the large and popular
Mrnrn,e nj avenue section and the q n
ter Park district. The street COM
nltttee Of council has recommended
that the city buy enough land to
furnish an unbroken connection be-
tween Broad street and EhambcrlSyne
avenue which, will complete the thor
oughfare. This Is taken,to be the ini-
tfat step toward annexation.
The old Ford hotel property struc'
ture will be sold Mt public auction
Tuesday. Building Inspector Beck act
ing as auctionaer. The purchaser will
be required to remove the old building
speedily. so that work scan be started
at an early date on the combined
State Municipal building to be erected
on the site.
The progressive firm Of W. NJ. Mil
Ter & Co. removed the past week
into its new home at lis North
Eighth street, where they are more
comfortably fixed and nearer the
business center. The task of moving
did not stand in the way Of a. good
weeks busiresss for these enterprising
agents sold two residences In the West
End which Melted $4,000. and sew
eral desirable lots In Glnter park
Goisan & Nash disposed. of six lots
In their desirable snb-division, CUT
View. Westha mptAn--va suburb which
Is growing .'in popularity every day.
Gibboney 4 Nuckols sold home
on Grace near Davis avenue for
(Continusd on Fourth paxe.)