South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-09-15
Annual Banquet Brings 1922
Realtors Convention to End
Former Congressman Barnhar Addresses Real Estate Men
Closing Session-0fficers Elected in Afternoon
Meet Capital Next Year

around This takes away buA,ness
from the legitimate realtor. II there
vas a state license law this condi-
ton would not be possible"
Referred To Commission.
Thomas F. Carson of Indiana
proposed a resolution, which was
unanimously carried. providing that
the question OF a realtors license
law be referred to a commission ap-
pointed by the president OF the
real estate association, the duties
OF the commission being 10 study
the law and refer II % the board
Of governors, which will have pow
er 70 act. 1t was also suggested
that this committee not only pay
81 ecial attention to the results OF
he law which is In effect in IL
states. but study the proposed law
now being worked by the law COM
mittee OF the national association.
A resolution which confiicted
slightly in its last clause with he
one already carried was also unani-
mously adopted. The text OF the
resolution Is as IOlOWS.
That we favor the enactment
OF laws which shall restrict the
further issuance OF tax exemption
bonds and that we urge upon the
next legislature the necessity FOR
the repeal OF all laws exempting
from taxation any property not
absolutely devoted TO public use.
We believe I. TO be indefensible
10 exempt from taxation any
bonds the principle and interest
OF which are not payable from
taxation.
We recommend that a standing
commission be appointed to re-
present the safe association IN
support OF this resolution during
the ensuing year.
That if high standard OF
ethics in real estate business is
TO be reached and maintained; II
the responsibility Of individual and
firm for fair dealing IS TO be fix
ed, some form Of stare license
law should be enacted.
Officers Elected.
The president OF the Indiana Real
Estate association for the coming
year will be Joseph ]. Schmid or
Indianapolis. President: other Of
ficers elected were: Vice presidents,
Peter H. Bick, Hammond; Carl G..
Hart. Evansville: D. c. Johnson,
Terre Haute; Thomas F. Carson.
Indianapolis. and Joseph Meredith,
Muncie; secretary Will
liam A. Brennan, Indianapolis. The
executive secretary, Paul o. Mere.
dith, Indianapolis was appointed by
the board of governors, which. for
the coming year will be made up
OF the following men: ]. A. Craven,
Bloomfield; E. E. Alcott North
Vernon; Charles D. Schiller, Rich
mond; H. c. r. Wall, Muncie; c.
II. Summers, Gary, and Walter
Curdis, Fort Wayne.
= was unanimously voted that
the convention next year be held
at indianapolis. the home OF the
president.
The nece ssity for realtors license
laws was impressed upon the minds
Of the real estate men in a discus
sion which was started yesterday
morning by John J. Wagner of Ce-
dar Rapids. chairman of the License
Law Committee of the National AS
ISOLATION Of Reai Estate Boards.
The real estate business lends
itself more easily to deception than
any other business, Mr. Wagner
said. a tailor when he fits you out
in suit OF clothes takes pains with
the fit and the quality OF the mater
ial. He knows that you will come
back again another season. But the
realtOr knows that during a life
time the average man buys but one
piece Of property, that is his home.
The average man doesn't know any
more about the real estate business
than he does about making a suit
of clothes. He trusts the realtor and
if he is deceived he can't get even by
withdrawing his trade. The chances
are that the dishonest broker has
given him such a thorough clean
ing that he hasn't money enought
ever 10 invest again"
Provide Guarantees.
The license law which has gone
(Cnn+f~rraH