New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-25
CONVENTION OF
REALTY BROKERS
National Association Will
Hold Session in This
City August Is.
PLAN FOR HANDLING
FARM MORTGAGES
Will Be Takep Under Considera-
ton by Organization with
Other Problems.

The National Association Of Realty
Brokers will hold its first convention
at the McAlpin Hotel on August 10.
This was decided upon at meeting
of the executive committee held last
week.
The association was incorporated in
this state last April. The purpose OF
the organization is to protect ana
promote the mutual interest OF ITS
members and better facilitate negotia-
tions in real estate; to create increased
opportunities for handling exchange
propositions involving property IN dit
ferent sections of the country.
To create a greater outlet for the
sale of investment properties. factories,
factory sites, hotels, summer cottages.
farms and any other form OF real es-
tate in which opportunities exist for
reaching out beyond the city or county
limits for possible customers or busi-
ness.
To publish or have published under
its auspices and for the benefit of its
members a catalogue of the property
they are offering for sale; to promote
and encourage the enactment of laws
in various states beneficial to real es-
tate or TO the brokers handling same.
and to oppose by organized united
action the enactment or enforcement
Of unjust or obnoxious legislation per-
tanning TO same.
T. advocate and encourage by or
ganized united action necessary public
improvements affecting real estate; TO
handle the appraisal of property sit
uated in different sections of the coun-
try and to be able TO issue under one
association certificate the appraisal Of
scattered holdings in different states.
To assist in financing large building
enterprises where mortgages are
needed in excess of the ability of local
institutions. by securing the co-opera-
ton of the association or the men,
bers of the association situated in the
larger financial centres where money
in greater amounts might be more
easily obtained.
To promote better facilities for
handling farm mortgages and assist in
attracting outside capital for local
farming sections; to uphold higher
standard of efficiency among real
estate brokers by care in the selec-
ton of its members and by giving
them the hearty support, Endorsement
and recommendation of the associa-
ton.
To bring its members in closer
touch with each other by attendance
at conventions, working out attractive
features of advertising and adopting
practical suggestions of how the as
ISOLATION might be of assistance in
building up the business of its mem
bers, and to accomplish collectively -
benefits, cooperative advantages and
t. establish business connections in
real estate lines between counties that
could not be secured individually or
in any other way than by thus band
ing together.
The association proposes to have
membership composed of one real
estate broker or brokerage firm in
every county throughout the United
States and Canada. Il is already rep
resented in New York, Massachusetts,,
Connecticut, Rhode Island. New Jer-
scy, Pennsylvania, Delaware and Mary
land, according to announcement.
Plans for the promotion of better
facilities for handling farm mortgages
and to assist in attracting outside
capital for local farming sections, and
rany other problems of a similar nat
ure, are expected TO be taken under
consideration. On the night of the
convention a dinner will be held at
the hotel.
The president of the association is
William II. Brown. who is treasurer
OF the William Craven & Son and
Frank J. Mathews Company. both of
Jersey City, n. j.. the first vice-presi-
dent, William E. Morrell, president OF
- L l. w
lam +. Morrell Company. of White
Plains, n. Y; the second vice-presi-
dent, David " Troskey, proprietor OF
the East Side Real Estate and Tnsur-
arce Agency, of Paterson, n. j.; the
third vice president, Walter Scott,
senior member of the real estate and
auctioneering firm of Walter Scott &
Son. of Hackensack, n. j., and the sec
rotary and treasurer, Oliver b. Ferris,
secretary and treasurer Of the Ma
tional Properties Company, this city.