Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1914-12-13
TIMELY REAL ESTATE GOSSIP
Farmers Touch Matters of Interest
in Their Congress.
FAVOR THE ToRRENs SYSTEM
want 60 Ne Exempt from 400 Par
Value Clause of Blue sky Law
I'm selling shares for Co
operative Companies.

number OF laws sought by the Ne
braska Farmers congress, as indicated
by the resolutions that body has Just
passed. are of interest to real estate peo-
pie on account of their greater or less
bearing on the farm conditions of the
state. and consequently their bearing on
the future farm land values Of the state
Some half dozen of the many resolutions
adopted by the Farmers congress have
a more or less direct bearing on farm
lands and farm values.
For example. the congress asked that
the conservation Of and soil survey Of
the state be continued and that 1t be
given adequate support In the way OF
appropriation.
The Torrens' system OF land title reg
istraion was endorsed by the congress,
following discussion of the subject by
A. e. Sheldon, director OF the legislative
reference bureau of Lincoln. Mr.. Shell
don has made an exhaustive study OF the
subject from the standpoint of its sue
cess wherever It has been tried in all
parts Of the world, and he highly recon-
mended the system.
Water Power Rights
The farmers are in favor of having the
state retain all its present water power
rights, and they resolved that such
rights should not be sold or leased In per
petuity, and that the next legislature
should take measures looking to the inn
mediate development of the water power
of the state by the state for the people
Of the state" They further demanded
the cancellation of the water power
franchises outstanding that are not de-
veloped or are not in the process Of real
boni fide development as contemplated
by the law Of the state"
The farmers are willing to stand for
a little more taxation IL It will mean some
improvements at the state fair grounds,
They want new swine barn. They
adopted a resolution the last day of their
meeting asking for an appropriation for
a new swine barn at the fair grounds
to be built on higher and more sanitary
ground. II was pointed out that the
ground nearer the railway siding could
be used and that this is high and SAM
tary. besides having the advantage of
saving the exhibitors money in that hogs
could be unloaded right into the pens in
stead Of having to be taken by dray to
the pens.
Seek Exemption,
There was feeling in the Farmers
congress that the blue sky law passed
by the last legislature to knock out fake
land schemes and fake stock and bond
schemes on mining stock and a lot OF
other trickery was in reality inadver-
family working a hardship on the farm
ers in the organization of cooperative
o. 4
the exemption Of the 800 par value clause
liz the law, because their cooperative
grain and live stock shipping companies
are usually organized by the sale of
shares at $40 or s26 par value. Later
the congress agreed to ask the legisla-
ture to make farmers cooperative as
sociations exempt from the operation of
the blue sky law, as they said they were
sure the law was made with no intention
to curtai the farmers In the legitimate
enterprise of organizing these co-opera-
tive companies.
Here again some Of the farmers, nota-
bly, z. NJ. Pollard, did not like the idea
OF asking for exemption for farmers
alone. He said IL did not look good for
the farmers to ask as class to be ex-
empted from the working of any law.
He wanted the resolution to be made
more general. II was made more gem
eral. and the result was that they asked
that "all cooperative enterprises for mu-
tual benefit be exempted from the re-
striction OF the 800 par value clause.
To Confirm Titles.
The Farmers congress also applauded
the efforts made by Senator George w.
Norris in behalf Of the farmers along
the Union Pacific rlght-of-way to CON
firm the rights of the farmers In the
possession of land that has been in con-
troversy for years. The resolution adopted
by the farmers on this subject follows:
Resolved. That We are in hearty sym
Dathy with the efforts being made by
Hon. George w. Norris in the United
states senate TO confirm farmers along
he Union Pacific railroad right-of-way
N the possession Of certain lands which
have been in controversy between these
farmers and the railroad company for
years. We ask him to continue the fight
until he has fully accomplished his pur-
pose.
We also respectfully ask Senator Gil
merit Al Hitchcock and al tha Nahro L