Evening star., 1933-01-14


A convention headquarters Office was
oI.ened this week at the hotel by Harry
Grant Atkinson of Chicago, contention
manager for the association, to assist
in completion OF the detail program.
Business Adjustment Topic.
The subject Of adjustment Of business
organization to meet new trends and
new needs will be discussed at the con-
vention sessions by various leaders of
the association, including Leonard P.
Reaume of Detroit, past president of
the organization and fer the past seven
years a member of its executive COM
mittee.
Mr. Reaume. prominent real estate
developer and banker, will speak on the
Importance CT the management func-
tion in the future real estate business.
Phillip w Kniskern. New York, presi
dent of the American Institute OF Real
Estate Appraisers, which was organized
by the ASSOCIATION during the past year,
and author OF Forthcoming volume on
real estate appraisal. will outline the
general plan of the institute, which is
organized as a definitely professional
body. Membership and right to the
designation NJ. A. l. is limited to per-
sons who can meet its qualifications as
to kncwledged appraisal principles and
methods and Gs to practical experience
ans professional reputation in their
own communities. Any member Of
member real estate board of the asso-
citation is eligible to the grade afhliate
Of the institute.
Frank S. Slosson, Chicago, chairman
of the aesoclation's new committee On
commercial learing policiec, viii recort
on the work ahead of this committee
and the results it hes already accom-
plished The committee was chartered
TO aid owners of commercial properties
now under lease 70 chain stores in caces
where the retail chain tenant states
that it is facing readiustmcnt, reorgan-
ization, or. voluntary or involuntary
bankruptcy.
Capital Development Listed.
J. C. Nichols of Kansas City. former
chairman CT the associations Commit
tee on City Planning and zoninG, AMI
member Of the NaticrEl Capital Perk
and Planning Commission. has been in
vited to address the association on the
Capitel City's plan.
Each specialized branch of the asso-
citation will have before it the mapping
out of activities in that specialized field
which will best help the individual
realtor to meet preeent condition.
The brokers division OF the aseoc-a-
ticn and the realtor securities division
will hold en- all-dar meeting of their
full membership on Friday. The mort
gaga end finance division, the property
management division and the property
owners division viii hold halliday ses-
sions of their membership. with meet
ing5 CT their Executive Committee on
the rema ming half day. Such mcetingl
all members Of the division may attend
If they wi-h. Meetings of the hc1ne
builders and Subdividers' divieion, Of
the farm lands AMI countrv estates di-
vision and Of the industrial property
division Will be all-day meetings of the
Executive Committee. The home build
ers snd subdividers will hold prob
lem dinner Thursday evening.
Inauguration Is Planned.
The States Council of the associa-
ton, formed to bring to the association
the point of view of the various States
as such, particularly in relation to leg
islation affecting real estate. will have
an important all-day mseting simul
taneously with the division. meetings
Friday.
The inaugural banquet, at which
President L. T. Stevenson OF Pittsburgh
will turn over the gavel to Mr. Miller,
president-elect will be held at the VIII
lard Hotel Friday evening. at which
time all officers for 1888 will be inductcd
into office. The board of directors rs
constituted for 1888 will hold its initial
meeting Saturday at IL am. imne-
diately following the close of the con-
vention proper.
Railroad rates of fare and half
for the round trip have been granted to
delegates to the convention from all
points in the United States and Can
ada by action Of six passenger associa-
tons. In nearly all cases tickets will
be good going and coming by diverse
routes.