The New York herald., 1922-07-02

are in operation and seeking to be OF
mutual assistance in the solution of the
many pi oblems dealing with regulatory
legislation. 1t is to become a medium
for the exchange of opinion and informa-
ton for the benefit of real estate organ
i2ations having license law problems
with which TO deal.
Through the new association. State
real estate departments are to be KEEP,
III touch with important matters coming
to the attention of representatives in
other States and the experiences Of each
In handling problems and errors made
and successes achieved through the op-
Grafton Of the license laws. Recon-.
mendations will in turn be made to
realty organizations for corrections and
amendments to existing forms In license
legislation.
The new organization will be allied
with the National Association Of Real
Estate Boards in the convention to be
held In Cleveland in 1928 II will work
on the generally accepted theory that
the actual operation of license laws. no
matter how unsatisfactory they may
seem at the time of their enactment, will
make possible amendments providing
greater protection for the investing pub
lie and legitimate real estate brokers
Nationwide cooperation of that char
acter should go a long way toward
eliminating the present evils of profess
sional activities. help to elevate the real
estate business and gradually restore the
confidence Of the public in the soundest
OF investments.
1t May Interest You to Know That
New York city contains half the popu-
lation Of New York State. Sydney. the
capital Of New South Wales, has nearly
half the population Of that State. Mel
bourne has half the population OF Vic
toria Buenos Aires. fifth the popula-
tion of the Argentine Republic Monte
video, a third Of the population of Uru-
quay: London. fifth the population OF
England. and Paris. twelfth the popu-
lation of France. or the population of
the United States, 54,304.60S. or more
than half. live In urban districts.
Notwithstanding New York's conceded
supremacy in matters Of construction,
Pittsburgh claims to have the largest
arcade building. the largest real estate
Office and one OF the largest warehouses
(the latter covering twenty-three acres
OF floor space) In the world. In Detroit
the General Motors Corporation recently
completed an Office building and research
laboratory costing $4,000 900. 1t is a
fifteen story structure, having a floor
area of thirty acres. 1t occupies an en-
tire city block and is described as the
largest building of the kind in the world.
Two thousand men were kept employed
constantly on the construction work dur.
ing two years.
A legal authority says: Property
held Jointly by husband and wife passes
in fee to the survivor Immediately on
the death OF one of them. In fact the
law contemplates that during the lives
OF both each owns all. The heirs OF the
deceased have no interest whatever in
the joint property and a suit TO contest
the will does not affect the property.
The surviving wife has an absolute title.
This Is true regardless Of whether she
Is first or second wife"
Portland. Ore. has women's realty
board. In a recent Home Beautiful Ex-
position in that city the women brokers
had one or the most attractive booths in
the show.