The Washington times., 1934-02-12

the large mum
ber of its mem
Richard Baker bers who ap
peared at committee hearings tc
advocate its passage.
John A. Petty, then executive
secretary of the real estate board
was first called into conference
by Senator Blaine on the subject
and was requested by the latte1
to prepare a bill along the line'
indicated by their conference.
The legislative committee ol
the board collaborated with Mr.
Petty on the bill which was ther
filed and which was virtually {
counterpart of the one which Il
about to be passed.
Those Who Aided on Bill
A. w. Lawson, vice president Of
the Washington Loan and Trust
Company; H. L. Rust, William j
Flather, jr., of Glover and Fla
ther; Percy H. Russell and vii
liam I. Beale, vice president Of
the American Security and Trust
Company, were the original col.
laborators on the bill.
After numerous conferences
with Corporation Counsel William
w. Bride, during which several
amendments were made, the legiS
lative committee then held a joint
conference with a number of
other prominent personages in the
legal and real estate fields.
These included James j. Becker,
president of the Real Estate and
Columbia Title Insurance Com,
pany; j. ]. Baden, Of the Com
mercial National Bank; A. W.
Hoover, of the New York Title
Company; Sidney F. Taliaferro,
vice president and trust officer OF
the Riggs National Bank; George
=. Fleming, of the Union Trust
Company; Frank StetSon, of the
National Savings and Trust Com.
pany; c. Clinton James, of the
National Council of Building and
Loan Association, and A. A. Hoeh
ling, former District Supreme
Court Justice and now vice presi.
dent and trust officer of the Ma
tional Metropolitan Bank.
Action Nears Completion
Finally the measure began its
journey through Congress, and
has nearly reached the end Of its
travels.
It will require all recorders o1
mortgages and deeds of trust t6
prove the identity Of the note OF
notes secured by the instruments
to be recorded and when the time
comes for release, the note OF
notes must be exhibited marked
paid"
Partial releases may be recorded
only when the Recorder Of Deeds
has sufficient proof that the pay
ment covering the partial provis
ions Of the deed Of trust has beer
made.
Banks operating under super
vision Of the Comptroller Of Cur
rency are exempt from provisions
Of the bill.
j. G. weldon, chairman Of the
ticket committee for the real es
tate boards dinner-dance at the
Columbia Country Club tomorrow
night, has the s. r. o. sign out.
From the beginning the ticket
sale started out with a bang, but
the committee had no idea that
the ticket sale would exceed the
number Of reservations arranged
for. Approximately $50 tickets
have been sold.
The entertainment committee,
headed by M. P. Candy, still has
to give an account of its activi
ties, but Mr.. Candy says he isn't
nervous about it.
From a survey Of the entertain
ment attractions he has prom
ised, 1t appears he shouldn't be
worried. Stafford Pemberton's
dance artists will show the real
tors how it should be done and
Mr.. Pemberton himself will assist
his class in some of the numbers
Edward r. Carr has arranged
for the Shoreham Orchestra to
play the dance tunes and Karl E.
farrell, Of the dinner committee
has supervised arrangement OF
the menu in person.
Maybe it was a little deal which
leased an entire floor Of an Of
flee building that brought the
Semblance of a smile to Ben T.
Webster's lips last week.
While it has not been officially
announced, the deal has been
closed and the entire floor of the
Boss and Phelps managed build
ing at ITO Fourteenth Street has
been let to the law firm Of Welch
Daily & Welch, an up-and-comine
group Of barristers that just had
to expand. The floor had been
unoccupied for some time.