Evening star., 1946-12-30
Veterans 10 Be Asked
To Agree 10 $1,000
Increase for Homes

Twenty-eight veterans who have
deposited $500 or more with the
Virginia Construction Co. on $4,000
homes will be asked at a meeting
IN the Veterans Service Center to-
night to agree to s., 900 increases ir
the price OF each home, STANLEY
Hough.. president of the company
said today.
Mr.. Hough. who started getting
the deposits last April, insisted the
problems of his depositors were not
similar to the problems Of those who
put down $500 to $1,000 deposits
with Real Estate Operator George
II. Williams, now bankrupt.
We could refund" he insisted
We're not bankrupt, but we're not
going to refund because we can fin
ish the houses"
Several of the veterans who de-
posted money with Mr.. Hough have
complained to the veterans center
and arrangements have been made
for refunds in four cases but Mr..
Hough said the money had not been
returned yet. He said these four
veterans might be willing to go
ahead now that he has assurance
the homes can be completed.
He said he had had difficulty get
ting materials and getting a bond
signed under which he could OBJ
tain construction loan. Then the
prices of materials went up, he
added, and he knew he couldn't fin
,sh the homes for $4,000.
Construction loans are now set up,
he said. All his creditors can be
paid off on the first loan and he
would have $4,000 left over as
working capital to meet the con-
struction commitment, Mr.. Hough
declared.
Most of the money put into the
project so far, he admitted, has
been the $4,000 turned over to him
by the veterans as deposits.
Twelve of the proposed % houses
in Mr.. Houghs project near Oxon
Hill, Md. have been started.
Mr.. Hough said number of the
affected veterans have agreed to the
$1,000 increase in price.
Veterans Center Director Waldron
Leonard said he would attend the
meeting of Hough depositors-to be
held at pm. Mr.. Leonard said
Mr.. Hough had requested the meet
ing, but the center director would
attend to give whatever aid he could
to the veterans.
Two Suits Against Williams.
Meantime, George H. Williams has
oeen named defendant in two civil
suits on file in Montgomery County
Circuit Court at Rockville.
In a suit filed December II by
-ohn E. Kazley, who describes him
self as real estate salesman the
plaintiff asks total of $88126 and
$50 costs which he alleges are due
aim in unpaid commissions and
profits.
Mr.. Kazley explained in the suit
that he was in the employ of Mr.. |
Williams from January l of this
year until September. He asks that
Mr.. Williams property be attached
n order to satisfy his claims.
Commission Overcharge Claimed.
Alfred H. E. NJ Jennings in the
second suit, filed December 18,. asks
81 $50 which he claims Williams
owes him from an alleged over
charge in q commission.
Mr.. Jennings declared in the sun
:hat Williams sold a piece OF prop
erty for him for $25,000, taking
$500 commission. The plaintiff
maintained that that figure is "dou-
1le the regular rate of commis-i
zion."
Clayton Watkins, clerk Of the
Circuit Court, said that he does not
fnow whether the cases will come
Up for hearing, although they had
been set for January 20. He said
that they may become part of the
bankruptcy proceedings in the
eventual settlement of Williams
claims and holdings in Maryland, |
Virginia and the District.