Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-02-03
REAL estate RECORD
AND COURT CALENDAR
Some Activity Is Shown in Local
Property, Despite Continued
Bad Weather.
POLLARD IS REELECTED
Again Heads Real Estate Exchange.
Provision Made for Conducting
Auction Sales i'm Rooms OF Ex-
Exchange.

Transactions in tho reolt? market
remained about normal last week
amounting to Sl65.l2t. The most i'm
portant transfer was the purchase by
j. Edward Martin from James y. Dono-
hue OF the three lots. measuring 400
'.et by 10 feet each. lying on the
north and south sides o: Hanover
Avenue aud tho south side OF Stuart
Avenue. between Lafayette Avenue and
ReSille Street, for s25. 900 together with
tho property IS feet h. ISL feet. known
az l04 East Grace Street and &c feet
by 40 feet IL inches at northeast
corner of Grace and Third Streets. for
the sum OF $4,000.
Bruce Bowc sold to II. II. HARDWOOD
the property known as 1926 Monument
avenue TOR tho sum OF Sll.60U.
Although the report OF the Building
inspector for January. 1918. shows a
falling off Of s55O.96e as compared with
the same period of tho preceding year.
inc total for the week is very cncour-
aging. six permits were issued dur
ing the week for operations whose
estimated cost will total .52.7i0. This
~ most exceptional considering tho
severity OF the weather. which can be
held responsible for the small total
noted for the first month Of the year
Two operations or moro than ordin-
airy Importance for which permits hav.
ocen Issued are the building Of an
apartment house on the north side OF
Grove Avenue. between Boulevard
and Mulberry Street. by Elizabeth V.
Lee. 10 cost saG,0oo and tho erection
Of warehouse by J. Leroy Suther.
land In the rear OF 1905 East Main
street. al COS, OF ;ii.o00.
POLLARD Is RE:-ELECTED
BY REAL ESTATE MEN
The annual meeting OF the Richmond
Rcai Estate Exchange was held Fri
Jay afternoon in the Real Estate lex
change Building. 20 North Ninth
Street.
me Following officers were reelected
10 serve for another year:
President. II. X Pollard Jr: mrs,
vice president II. A. McturGy: SECOND
vice president Bruce Bowe and the
Following members were elected co
serve on the board OF MANAGERS for
SHin ycara' Alfred l.. Blake. A. i.
Che"nins. Jr.. O. a. Hawkins and VIII
liam l. Tyler.
Secretary +. ". Boykin In his report
stated that rewards Of SIS euch nave
ocen paid to six parties during tho
year who were instrumental in cuus-
'ns the arrest. conviction and impris-
onmcnt OF depredators on vacan, prop-
erty in the hands OF members of the
exchange.
The secretary also called attention
10 the complete records Of transfers
OF property maintained in his Office for
deslrabiiiiy OF conducting public auc-
t!on sales OF property IN the exchange.
Inc location OF which is UNSURPASSED
toF gathering large crowd o: rep
Resentatire buyers. By having sales
take place in tho exchange bad
weather conditions will not cause
postponements and street noises ana
other deterrent features. where the
property Is sold on the premises. .r.
eliminated.
IL was decided that bin be pre-
pared and presented in the Leris,a-
cure 10 amend the present State re-
cordinS tax law. SO that IL viii con
iorfn TO the government war tax ON
ueens ana only tax the equity. l.,
was said that Virginia is the only
state in the Union that taxes at re-
coruation the gross amount Of deeds
ana ms the Richmond Real Estate
exchange seeks TO have changed. so
that allowance viii be made when
tecoraips deeds for the amounts OF
deeds or trust on same