The New York herald., 1920-12-26

The first OF n series OF membership
luncheon meetings was held at the Real
Estate Board on Monday, December 20
II was In the nature OF a family gather
ing Of the active members to bring tho
members together, give them sort OF
birdseye view of the work OF the board
and stimulate interest in this work and
also TO inaugurate campaign for larger
membership.
Representatives of n number of other
organizations were invited. These in
cluded John u. White, president OF the
New York State Association OF Real Es-
tate Boards. who was unable TO be pres
ent but was represented by Meade Z.
Dobson executive secretary; william
Raymond Burling. president or che
Brooklyn Real Estate Board: Charles B.
Best, president of the Building Man
ayers and owners Association; ;. Full
lerton Weaver, president of the Apart
ment House Owners Association;
Stephen Yates. president Of the Long
Island Real Estate Board, and George
Howe. president-elect of the Westches-
ter County Realty Board. Judge In
graham was unable 20 be present be-
cause OF court engagement.
President Stephen II. Tying said that
one OF the purposes OF the meeting was
TO show the members what the board
actually was doing and TO ask from
them cooperation in its activities. he
said that IL was through the members
efforts that the board will be able 70 Sc
cure the cooperation of all interests IN
the city Of New York In regard to real
estate matters and questions that come
before the State Legislature and the
Federal Congress that are really vital 70
the interests of real estate as an Invest
10
ganizatlons that have been formed Tor
sirnilar purposes sit In and cooperate
with the Real Estate Board
Interest I'm National Laws In Keen
Richard O. Chittick. executive secre-
tary. reviewed the current work or the
| hoard He referred 20 the boards keen
Interest IN Federal legislation relating
| ga real estate-namely the exemption oi
| the interest on mortgages from the IN
come tax law, strongly supported by the
hoard. and the proposal to repeal tho
| excess profits tax and substitute sales
fax As 20 mortgage exemption, sent
uent throughout the country had peer
stirred up through QUESTIONABLE SUB
rnitted by Walter Stabler of the legisla
! ton and taxation committee by a tele
erar, 10 the 2i9 real estate boards affil.
| lated with tne sNhAlohdi hSSSN'1AiS" VI
| Real Estate Boards and these telegrami
have been Rewarded TO the proper Sen
etors and Representative at Washing
ton. many Of whom had also been visited
| nv repreeentatives OF the board.
Opposition had been registered agains
the soldier bonus bill now pending In the
senate. one provision OF which was FOL
TAX Of one-half OF 1 per cent on salei
OF real estate.
In relation 20 state legislation th'
board was formulating q programme
mart OF which. Of course. would b
amendments TO the landlord and tenan
laws recently enacted.
Mr.. Chittick referred 70 the work o
the committee on building laws and reg
ulatiors on the following The propose
/ for concreting cellars In buildings within
/ 500 feet OF the water front proposed re
| vision Of plumbing rules now pending
/ and the recently defeated ordinance I
! license elevator opera tors, the work o
/ tho Insurance committee and TO the re
/ cent study and report on the coal situa
ton. In these matters the board ha
had the active cooperation OF the Builo
ing Managers and owners Association
AN important work now in progress
the study being made BY tho city GOV
ernment committee Of n plan for NOR
economical city government
John II. Stoddard, a governor OF II
board and n member OF its Joint rei
estate law committee. reviewed brien
tho boards work IN testing the rei
laws, under the guidance of Hon. Geors