Arizona republican., 1914-05-24
REAL ESTATE
 BOARD WILL BE
 RE-0RCAN|zED
Will Be Definite Part of the Board of Trade - Final Meeting Will Be Held Monday Evening in Board of Trade Building

During the past week or so con- siderable discussion has been had relative to a reorganization of the Phoenix Real Estate Board, with the result that after a meeting or tWo
 some definite steps were taken. From the present appearances the new board will be a definite portion of the board of trade and will work with that organization in upbuilding the city and valley. The history of the work to date is as follows:
 The Phoenix realty board was called together for their first meeting Monday. May 11th. A. w. Galpin tCok the chair and in a brief manner stated the object of the meeting and read the names of the brokers who had already made application for membership. After considerable dis cussion it was unanimously agreed that no definite plans for organiza tion be completed at this meeting and that the election of officers be postponed until another date. The chair was authorized to appoint such 1 committees as he might deem proper 1 with results as follows: Constitution and bylaws, H. $. Prince R. s. l Thompson and S. P. Healey; mem 1 bership, L. G. Hays, Fred Jacobs and | C. B. Bernard; nominations, H. s. 1 Groom, T. NJ. Burroughs and w. K. James, The bylaws committee have completed their efforts; the member
 ship committee has succeeded in in 1 ducing nearly every firm in the city to become members of this board, | the nomination committee will make , their report at the next meeting which will be held at the Phoenix | board of trade, Monday night, May i 25, at eight p. m. At this meeting 1 an election will be held for officers 1 to serve for the ensuing year, the | constitution and bylaws will be adopted and such other business as may come before the board will have
 its proper attention at this time The | temporary officers most earnestly
 request that all signed members of 1 this board be present at this meet |
 addition to the election of officers, will be considered.
 The Phoenix realty board is to be i a part of the Phoenix board of trade l and will be known as the Phoenix realty board of the Phoenix board of l trade. The objects of this board shall be to secure for it's members 1 the benefit or the united efforts and 1 concentrated power to the end that the evils and annoyances now con-
 nected with the transaction of the i business of dealing in real estate shall be abated, to promote good | fellowship and fair dealings, to pro | tect both it's members and the pub l lie in general from irresponsible, un-
 principled and dishonest dealers, to promote the enactment of legislation 1 for the protection of property rights and the dealings pertaining thereto,
 to do all else in it's power which
 may tend to the upbuilding of the
 stability and dignity of dealing in real estate and to secure uniformity ! of action in all matters having for
 their object the welfare of the city of Phoenix and the Salt River Val
 ley generally.
 The membership shall be unlimited, but each application of membership ! shall be voted upon at a regular meeting. Any person or firm en-
 gagged in the real estate and land or
 real estate loan business, or in the management of such property and who maintains an office in the city of Phoenix for the transaction of
 such business, shall be eligible for regular membership.
 In conjunction with the Phoenix
 realty board, a valuation committee shall be appointed to consist of five members and they shall make ap- praisal of real property when applied for. This committee will be of inn mense value to outsiders and to the probate court, it being the first organized body in a position to know
 real estate values that services could
 be had or depended upon.
 There has been no difference made
 in the schedule of commissions. The board has adopted rules of conduct
 which, if lived up to, will be the
 means to bringing all of the differ
 ent members of this board together
 in a very satisfactory manner Con-
 fidence is the foundation upon which
 any business structure, to prove last
 ing, must be built. Especially is i,
 true of the real estate brokera ge
 business. That it's members may
 merit the confidence reposed in them
 by the general public upon which
 they must depend for their success
 and that they may stand high in the
 esteem of their fellows. One of the
 rules adopted by th,s board will be
 found Tn Article VIII of the consti-
 tuition and bylaws, which is as fol-
 lows Any member found guilty of
 fraud or dishonesty towards this
 board, it's members, or in any deal
 ing with clients, after due investi-
 gation by an appointed committee,
 may be disciplined, suspended, or
 expelled, provided at least four -fifths
 of the members vote for conviction. ? This article being adopted, makes