The Washington times., 1912-06-03
REAL ESTATFN[N
PLAN TO PERFECT
PERMANENT BODY
Will Meet Thursday Night
to Adopt Constitution
and Bylaws. j

The real estate men Of the District
will meet Thursday night at the rooms
of the Chamber OF Commerce for the
purpose of adopting constitution and
bylaws and perfecting their proposed
real estate association. William II.
Saunders, president of the temporary or
ganization, today issued a call for the
meeting to about 400 licensed real estate
brokers, including in the call a copy
Of the report Of the special committee
appointed at the last meeting to draw a
constitution.
The report is signed by John L.
Weaver. chairman, John p. Story, jr..
James F. Hood. Harry X. Boss, and
James F. Shea and makes few recon-
mendations in addition to the contents
of the constitution. The question of
commissions, the one which has inter-
in connection with the proposed organ
ization, is not finally dealt with. TEE
committee recommends that "the as
sociation content itself for the time
ard scale" The question is not definite
ly dealt with in the proposed constitu-
ion.
Nominal Charge to Be Made.
A nominal charge of IS is believed
by the committee to be sufficient to
begin operations. and the initiation
fees and annual dues are not deemed
necessary to be large.
Membership in the National Associa-
ton of Real Estate Exchanges is
recommended. It is hoped by many
brokers, though not referred to In the
report. that the Washington association
can be formed in time to Join the ma
tional organization Of real estate asso-
Citations before the convention which
NIL hAl In, q "a Ia
month and to send delegates to the
convention to represent the Capital
Through the national association II is
hoped to interest the real estate men
of the nation in the problems of the
National Capital.
The Real Estate Brokers' Association
Of Washington City, D. c., Is the namp
Its Objects ar are stated to be ito bring tie
real estate men of Washington to-
gether; to assist in the advancement of
the city's interests at large, and Of the
real estate business in particular; to
be charged in real estate transactions;
to create and maintain among wash
ington real estate men a high standard
of business methods and integrity,
spirit Of fair and honorable competition
| and cooperation, and TO assure to the
| buyer nd seller the services Of respon-
definite and uniform standard OF con-
| tract and charges, to the end that the
interests of buyer, seller, and broker
| may be protected
Membership Is Liberal.
Membership in the association Is ex-
tended to anv corporation, partnership,
| or person doing an exclusive real estate
business and maintaining an office anj
| office hours in the city Of Washington"
and who is acceptable to the member
ship committee. In addition to regular
| membership, associate membership is
| provided for those who cannot qualify
| as regular members.
| The officers of the association are to
| be president. vice president, secretary.
| and treasurer, TO be elected at the reg
| ular annual meeting for year. The
control and management OF the associa-
| ton is proposed to be vested in an exc
cuttve committee consisting of the presi-
dent, secretary, and three other men,
| bers to be chosen annually by the as
| sociation. One annual meeting, on the
| second Monday in October is provided.
| An appraisal board of three members
| Is provided for the bylaws and CON-
| mittee of three to report on all matters
| relating to assessment and taxation.
| The committee framed the constitu-
| ton and bylaws after careful examt-
| nation of the organic laws OF many of
] the leading real estate associations of
the country and believe that their worl;
| will meet the needs of the real estate
mn in Washington.