Las Vegas age. [volume] (Las Vegas, Nev.) 1905-1947, 1928-11-15
STATES VIEWS
ON REAL. ESTATE
D. Binkhorst Gives His Side
of Controversy Regarding
Action OF Nevada Realty
Board and Calf. Com.

The Age publishes below the
statement Ol Mr. u. Blnkhorst on
Clark County Teat estate, brought
form by CrIJICIsmS by the Nevada
Really Board and the California
teal estate Commissioner OF what
Jney term lake or fraudulent real
estate promotions.
Inc Age publishes this state
menJ because 1t recognizes the
rignt Oh Mr. Binkhorst to present
ms size OF the controversy to the
public. III 50 doing, 1t is of course
understood that the views express
ed are not those OF the Age.
The statement follows:
Las Vegas, New, Nov. 10, 1928.
TO the Editor of the Age:
Dear Mr. SquiTeS:
According TO recent dispatches
we are now To nave with us again,
not only the Real Estate Commis-
Sioner of California but two real
estate experts from California and
now please note the purpose Of
this visit. TO convince them the
properties are worthless and to
secure their cooperation in his ac-
ton against these firms"
The action" referred to is Grim
inal prosecution for selling real
estate in Clark County, Nevada,
heralded to the world by the Com
missioner of California to be
worthless, fraudulent. The men
engaged in this business are per
petrators of fraud according to
his definite statement as read in
press dispatches.
AS owner Of the Age, you have
taken a decided stand in favor
of such action and as an investor
in large acreage here, 1 urge you
to use the columns of your paper
to give your citizens a square
deal.
Who are the real takers? Here
are the facts. They should have
some attention at this time for
this situation is a serious one for
anyone owning real estate in
Clark county.
The Chamber. of Commerce of
this City have issued thousands
of booklets. These have been scat
tered about the United States for
the purpose of setting forth the
true facts. not only of Las Vegas,
but of Clark County, Nevada. The
largest distributing agency of this
boogklet is the Union Pacific Rail
road Company Hundreds of real
estate men and private individuals
have studied this booklet. They
assume this presentation by the
Chamber of Commerce is correctly
stated.
The tremendous newspaper pub
licity on Boulder Dam, the state
mentS made by President Coolidge,
nearly all of the Cabinet men,
bers, some of our leading Sena-
tors and especially such recon-
mendations as appear in print by
Mr.. Hoover have influenced real
estate men to repeat these def
init statemnts.
Assuming these representations
were correct, there were attracted
to this district men who do things
creative, constructive and of good
to the human race. Their past
performances demonstrate that
fact. In addition to employing
their very best creative ability In
this district, they invest substan-
TALLY in the real estate of this
county. Now, mind you, this is
real estate they wanted and To-
Gated where they approved of the
location. And it happens to be
that after other real estate had
been considered by them, which
they refused absolutely to purchase
that a certain element in your
city are dissatisfied with their
choice. In other words, certain
real estate in Las Vegas and vi
cinity cannot be crowded down
their throatS. They have opinions
of their own.
Anyway this real estate was sold
by citizens here, mostly business
men of Las Vegas. The past few
month demonstrates that some
$5OOOOO of this kind of property
was sold, some 100000 IN cash
was paid in on these so called
purchase contracts.
The profit to Las Vegas busi-
ness men was from 100 percent tc
1000 percent. The profit to the
purchaser to date is nil. His en-
tire prlnclpal Is IIuedCelleu OS
criminal prosecution"
And this injustice to outside
capital all of it California capt.
tai. is actually being instigated
nourished and promoted by Las
Vegas propaganda. A certain in
fluence here locally has invited
this criticism. prosecution anc
general condemnation of CLARK
county real estate.
Now, who are the real fakersi
Read the Chamber of Commerce.
booklet, "The Story of a Great
Government Project for the Con
quest of the Colorado River"-tht
Federal Governments Colorado
River project.
Respectfully submitted,
D. BINKHORST, President,
Las Vegas Realty Co.