Evening star., 1938-02-12
HEADOF REALTORS
APPO|NTSPROBERS
Housing. Finance and Tax
Committees Named by
Catharine.


and committees of the National ASSo-
nation Of Real Estate Boards to study
action that should be taken in three
important fields. housing, real estate
finance and taxation. is announced to-
day by Joseph W. Catharine. Brooklyn,
president of the association.
John McC Mowbray. Baltimore. will,
FOR fourth consecutive year, head the
associations Committee on Housing
which is concerned with the whole de-
Velopment of a national housing policy,
with the widening of home ownership.
and with the development of means
whereby private enterprise, working
be established by Government. and
under proper regulation may under
take rehabilitation of urban areas and
housing for low income groups Other
members of the Housing Committee
are:
Robert Jemison. jr.. Birmingham,
Ala: Justin Matthews, Little Rock,
Ark; Walter H. Leimert. Los Angeles;
w. P Laufenberg. San Francisco, Louis
r. Fendig, Jacksonville Fla. Glenn
W. Gold, Miami: Noble Smith. Or
lando. Fla: Morris Ewing, Atlanta
Arthur Bohnen, Chicago: James c.
Downs. jr.. Chicago Paul McCord, In
dianapolis: S. M. Lemarie, New Or
leans: lingo J. Hesse. Detroit: Charles
B. Berry. Minneapolis; John c. Taylor,
Kansas City. Mo: William A. Federer,
ST Louis; Walter Bruchhausen Brook
lyn: Arthur c. Holden. New York; Cor
don c.. Beck, Cincinnati: Warren l..
Morris. Cleveland; Lloyd F. Carter,
Portland, Oreg: Gustav A. Wick, Phil
adelphia; L. w. Monteverde, Pitts
turgh, and Hugh Russell. Seattle.
MacDougalI Chairman.
Edward A. MacDougall New York.
will be chairman of the associations
Committee of Real Estate Finance,
which he has headed since 1885.
Members of this committee. which is
concerned with means for stabilizing
the flow of money for real estate capi-
tai needs ard with sound conditions
for the real estate mortgage structure,
are the following:
Walter S. Schmidt, Cincinnati
Harry S. kissell. Springfield. Ohio;
August c. Sehrt. Milwaukee: George
S. Horton. Brooklyn; Robert G. Mer-
rick. Baltimore: Byron T. Schultz,
Kansas City, Mo-: J. Kingsley Powell,
Newark; Joel L. Schlesinger. Newark:
Joseph j. Greenberg. Philadelphia: ::
Morton G. Thalhimer. Richmond;
Frank c. Owens Atlanta; Arthur S.
Kirk, Des Moines; Walter B. Wilson,
Miami Beach; D. Marsiglia, New
Orleans; Ralph Cake. Portland Greg. !;
George Brice. Seattle; Walter N
Gabriel. Oakland. Calf. and Donald
c. Burnham. San Diego.
Myers Y. Cooper, Cincinnati, former
Governor of Ohio and president of
the Cincinnati Real Estate Board
will head the important National
Committee on Real Estate Taxation,
which is set up to aid State groups
and act as clearing house of ma
tional experience in the whole very
active present movement so to ad-
just the tax structure that real estate
may be relieved of the admittedly in
equitable share it is bearing of gov
ernmental costs
One From Each State.
Members of this committee, now
being appointed, will include one
representative from each State, one
representative from each of the 442
local member boards of the associa-
ton and one representative from each
of the eight geographical regions of
the country. the latter to be vice
chairmen of the committee for their
respective regions.
Chairman Cooper was one of the
leaders of the movement which
brought into existence Ohio's present
constitutional limitation of 10 mills
as the maximum total rate which may
be levied upon real estate and and
general property. He emphasizes the
importance of the principle advanced
by the association that in assessment
of real estate for tax purposes valua-
ton should be based upon the actual
productivity or income of the property
hllu lilc iOSIC vi VIC SeliCl al pIOSl all
suggested by the association for action
in the various States.
This includes: % budget control;
90 a constitutional overall limita-
ton on the real estate tax rate TO
give it parity with other tax rates.
which certainly have their limita
tions: 90 valuation for tax purposes
on the basis of actual productivity;
90 assumption of school costs more
largely by the States, rather than by
the localities, SO that they may be
drawn from wider tax base; go ap-
portionment of State gas and vehicle
taxes in fair measure to the cities for
and maintenance of
streets. as we'll as for the maintenance
and construction of rural highways;
t6) taxpayer control over special
levies.