The Washington times. [volume], October 21, 1922, HOME FINAL EDITION, Page 14, Image 14

About The Washington times. [volume] (Washington [D.C.]) 1902-1939

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ELLETTTELLS
REALTY CLJll?i
Duties of Brokers Described in
Discussion of General
Principles.
Tha subject of fire Inaurane? is so
closely related to tha real estate
busiaaaa. Wlliam D. Rllett said, in
addressing the real estate class ut
tha T. M. C. ?.. that a modern real
?state office Is not complete unless
It haa a distinct department, the
activities of which are exclusively
devoted to this branch of work.
While hla department handles va
rloua -In??? o?" Insurance, the main
feature of Its work Is developed, in
co-operation with the other depart?
manta of a real estati? office, in piac
ine fire insurance on rental proper
ties and household furniture and In
protecting the Interest of the mort
gagee in connection with mortgage
Ioana.
It waa pointed out that, as a re
sult of tha development of Stat*? in
surance department!?, the layman
can obtain accurate Information from
inaurane? commissioners on the
standing and responsibility or insur
ano? companies. A regular system
of Investigation la followed by the
States. In th? Interest of protecting
tha public and assuring sound in
aurane? service. In actual practice.
Mr. Ellatt aaid, the average Uyman
la unfamiliar with the Inaurane?
?Julei and muat depend entirely on
hla broker to se? that proper cover
ag? la wrUten, for hla protection.
This is a solemn duty of the broker,
who ahould be thoroughly familiar
with the various forms of ?loiii-i*?
and th? meaning of th? very technical
terms and conditions that make* ?.;
the modern insurance policy cot?
tract.
In writing Inaurane? brokers tak?*?
Into consideration moral standing of
the insured aa well as financ'.ul
standing.-und through a co-operative
plan companies protect theinselvi??
by th? mutual distribution of con
fidential information to assist In de
termining th? deslrabllty of the risks
offered. Through the development
of th? !'nderwriters' Aaaoclatlon the
broker is now able to render expert
advice to his client aa to modern fire
prevention appliances that auto
matkrally reduce Insurance coats.
Owing to the very favorable condi
tions in Washington, such as a most
efficient fire department, wide streets
?nd scarcity of frame construction,
the basic insurance rate la consider
ably lower than in most cities
throughout the country.
The detail of operation of th? In
surance department was outlined to
the class In a manner that tied In
with the general study of the real
estate business Th? subject of real
??tate Ioana, which will Include a
complete analysis of the mortgag?
department of th? real estate busi
ness, will be discussed at the next
meeting of th? class by Edmund D.
Rheem, a prominent member or the
local real estate board.
REALTORS TAKE TRIP
TO FISHING GROUNDS
The members of the retiring execu
tive committee and appraisal com
mittee of the local Real Estate Board
were the guest? of Clarence F. Dono
hoe on Saturday at a fishing party
at Benedict, Md. TV? party of local
realtors went by motor in the early
morning and devoted the greater
part of the day to fishing. A dinner
was nerved at th? country estate of
Mr. Donohoe, situated on th? water
front. Tbe party ?ngaged In athletic
sports In the afternoon and made
the return trip home Saturday nlglit.
Included in th- guests of Mr.
Donohoe were J. Leo Kolb. William
L. Beale, Charlea 8. Shreve, Percy
H. Russell. J. Dallas Orady. Clar
ence F. Donohoe, R. P. Whltty, J. C.
W'eodoii and Dani?! Allman.
BEDFORD COUPLE ARE
MARRIED IN RICHMOND
BEDFORD. Va.. Oct. 21?Misa
Mamie Brease?) and William W.
Ballard, both of Bedford, wer?
quietly married In Richmond, yes
terday afternoon. The ceremony
was performed by Dr. ?. 8. Lan?
? .'Hi of the Methodist Church. Mr.
and Mrs Ballard left Wednesday
for Waahlngton and on their re
turn to Bedford they will be at
home at the home of Mlaa Roaalle
Smith, on Orove street.
The bride is th* daughter of
Frank C. Braaseal, of Bedford -?nd
Richmond, and the groom, wno is
the oldost son of Mr. and Mrs.
.Tame? W. Ballard. Is a member of
the firm of Roadcap Drug Com
pany.
?-0-?-?-?
TO LOAN ON
REAL ESTATE
First and Second Trusts
Consult me when you want to buy or
build a home or re finance your property.
My services are at your disposai.
CLARENCE F. WELCH
"Real Estete Lean Specialist"
717 14th Street N. W. Main 4289
REALTY DUS
Hedges ?ft Middleton Report
Transaction? Lately Total
?$645,900.
An active markat for all class? *
of property is shown in th? report
made yesterday by the firm of
Hedges a Middleton, Inc. The
transactions aggregate in value
$645,?00 and Include th? transfer
of several apartment buildings
Lawrence Law acquired th? Ex
ecutive apartment at 8401 8lx
teen t h etreet northweat -from
Charles D. and Stella Weiden
hamer and gave In exchange a
brand new apartment building re
cently completed by Loula Schneider
at 2008 Sixteenth street northwest.
The Executive contains twelve
apartments of four and five rooms
each, while the Sixteenth atreet
building has twenty-four apartmenta
of two, three and four rooms.
In another exchange. Char!?? D.
and Stalla Wetdenhamer acquired
a modern apurtment at 1I?7 Ken
yon street northwest from P. H.
White, who in turn acquired the
new building at 2008 Sixteenth
etreet northweat.
The apartment at Hi" Kenyon
street northwest was sold for
Charles D. and Stella Weldanhamer
to John D. Klngsbury- It Is of
fireproof construction and contains
twenty-five apartments of two?and
three rooma each.
A local investor purchased th?
Pebberton apartment at JT47
Church street northwest from afra.
Margaret Jean Calvin, who received
aa part consideration a modern six?
room and bath brick dwelling at
Iti? Eleventh street northweat and
premises at 748 Morton street
northwest. The transaction was
made In connection With the office
of J. Dalias Grady.
A semi-bungalow at 408 Aspen
street, Takoma Park, anta sold for
Mrs. Ada L. Cochran to Clayton
R Denmark. It haa seven rooma,
two baths and a built-in gara??.
Mra. Norma O. Pyle purchased
from Mra. Emma Chlera a ihree
story brick home at 1718 Church
atreet northwest. It haa eight
?rooma. two baths and a garage, aad
will _? occupied by Mrs Pylea.
Mrs. Emma Chlera pu roh a aed a
new home, 1714 Kenyon strea-rt
northwest This Is on? of the
hou??? recently completed by th?
Thrift Building Company and con
tains seven rooma. bath and a
built-in garage.
? two-family apartment at 1747
Willard street northwest was sold
for Ouy Clinton to Mrs. Margaret
?. Klnker. who will hold It aa an
investment. There are five rooma
In one apartment and six In th?
other.
Mrs Mabel V Starts purchased
a downtown apartment at Ills Ver
mont avenue northweat from Mlaa
Mary C. Sherburne The building
has four apartmenta of three rooms
?md bath each and la thoroughly
modern.
A thoroughly modern ten-room
and two-bath houae at 1704 Lamont
street northweat waa sold for Ar
thur P. Weinerth t? Seyrnour Ber
nard for hia home. ?
A corner houae, 110 Varaum
street northweat. waa purchased bv
Arthur P. Weinerth from A. P.
Iaasarua. It is thoroughly modern
and contains seven rooms, two
baths and a built-in garage
Home Ownership
Is The Road
To Happiness!
TT FURNISHES a common interest
* that welds the ties of. family
life closer together as the years go
on. It is the spur to ambition, the giver of happiness today, and the
promise of peace and contentment in after years. Such is the golden
promises held out by these two suburbs.
Abingdon has "taken its place in the
sun" as an ideal suburb?a fitting- sub
division of the nation's Capital. Served
by city water, sewerage, schools,
churches, and all other conveniences.
Take Alexandria car at 12th and Pa.
Ave. to Mt Ida Station; take bus at
13th and Pa. Ave. to sign marked
Abingdon. one block south of Hume
Station. By auto, cross Highway Bridge,
turn to the right on Mt. Vernon Blvd.
and drive 8>_ miles.
Lots can be had for $250; $10 down and $5 per month, less 10% discount for
cash. Salesmen on both properties daily and Sunday. Come out today, as out
of our building program of 20 homes mdre than half have already been sold.
H. B. TERRETT
AGENT
631 Penna. Ave. Phone Main 2090
Mt. Ida, the companion suburb to
Abingdon, shares its advantages. It ie
but 17 minutes' ride from Washington,
and is notable for its city conveniences,
while retaining its charm as a suburb.
Take car at 12th and Pa. Ave., get
off at Mt. Ida Station. By auto, cross
Highway Bridge and drive to the right
on Mt. Vernon Blvd.
MASS. AVE. HOME SOLD?
BY GLOVE ? & FLATHF.R
The home of Mn?. S. B. Elkins. 1736 MatsackuaetU avenue north
weat haa been sold to a Unltod Sutes Senator. The ?sonaMeration
va? not mentioned.
SH R EVE TELLS
Hurrying Personnel af Active
Committees?Will Be Com
pleted Boon.
In anticipation of an active year
(or tbe real estate board. Charles S
Sbreve. Its newly elected preai-Jen'
atated that earnest oonaideratlon eras
beine given by the executive .-omini'
tee to the personnel of tbe various
commute*? that will have charge of
the boards work It ie egpected that
the more important and active com
mltteea ??ill be completed within a
few daya and aa soon as snouncement
of the personnel la made, plans for
the coming year will be outline?* ond
put Into operation.
One of the committee? whieb the
officer? of the board aro nnjdoua to
complote la tha luncheon committee.
Heepoiisibiliry for the luncheon gath
eringe rests entirely with this com
mittee aad as theae meetings held In
tho past year proved so aucoeasful It
la SeoiraMe to renew the nrofcram
within the near future.
Another committee that la expected
to do very active work ia the convea
non committee. Through the efforts
of this committee tb? local board ex?
resets to send a large delegation to
the Cleveland convention, which will
bo held next June. Considerable pre
liminary arrangasnenta aro nseiaaary
to properly organisa tha delegation
and thia committee require?* eaveral
montha In which to perfect ita plans.
F
?,
Quinter. Thomas ?A Co. Sell
Largo Tract for Popular
Homo?.
Quinter. Thomas * Co. report
transfer? of property acrrecatlng
S?60.000. recently negotiated through
their sales department.
Premise? at J7OT Kenyon ?treat
northweat was sold through thla
offl' e to Fred Oen t ? er
The modern fireproof building at
17M ? atreet northwest, containing
Six apartment?, was ?old to a local
Investor.
The bungalow at ? Aaptn atra?*,
?Chevy Ch??e. Md . wa? ?old to W. D.
Oegood.
Th? three-?tory brick reairtenoe at
1217 Fifteenth street northwest was
sold to Jeme? K. Chamberlain.
Premise-, at 1?2J-25 Ninth street
northweat Wa? sold for Harry Sherby.
A tram of land ?containing IM
building lota, loaated In the vicinity
of Fourth ?tr*?t and Central ave
nue. Channlng. Douglas. Evart? and
Third atreet? northeast, wa? MM
to OU?? ? Cor> Popular prk-ed
bungalow? and houaea will be erect
ed in thl? ?ubdlviaion. and th? aal?
of theee will be handled exclusively
by Qulnter, Thomas ? Oo.
Six-room bungalow? have already
been eold to the following: M. J.
Rheehan. Mrs. B. A. (Madwta aad
Miss Marlon N'oonan
Today's Best Buys
, Cleveland Park
$18,000
Attractive 10-room and S-bath houae in this desir
able locality, having an unsurpassed view of Wash
ington. Contains every modern convenience, includ
ing garage for two cars. Reaaonable tarma will be
made. Possession at once.
? 234 Ascot St. N. E. $7,500
Beautiful six-room and bath corner house in this
splendid locality; comparatively new; containing all
modern conveniences, including built-in garage; in
excellent condition. Terms can be arranged.
Near Conn. Ave. Bridge
$14,500
Beautiful tapestry brick home on 20th street near
Belmont; six large rooms and sleeping porch; dou
ble garage; in excellent condition; must be seen to
be appreciated; an opportunity to secure an attrac
tive home at the right price.
Near Dupont Circle & Mats. Ave.
$23,000
a*
Ideal home; ??ewly decorated and finished
throughout; 12 rooms and 3 baths; upstairs tiled
kitchen; hot-water heat; instantaneous hot-water
heater; four open fireplaces; lot 22x105; room for
double garage; owner going abroad, will jrive
immediata possession. Bargain.
HARRY WARDMAN
1430 ? Street N. W. Main 4190
REPORTED ALL
?National Association of Real
Estats Boards, Howsvsr,
Says Homos Lacking.
The meeting of the governing <-om
?iiittee of th? National Aaaociation of
Real Kaute Boards held ln New York
last week, according to .John A.
Petty, ?fkecutlve ?ecreiary of th?
local board, who attended the ses
sions, was a very successful and im
portant conference. Delegate? from
local board? representing more than
on? hundred eitle? attended thla con
ference and accomplished d?finit? re
sult? in formulating an extensive and
progressive program of national ac
tivity for the cornine year.
One of the moat interesting confer
enoee held In New Tork wae the ex
perience meeting at which the dele
gate? recounted condition? ln their
local oommunltlM in respect to hous
ing, rentals, building construction
and financing. Th? discussions and
reports brought out at tht? confer
ence very accurately harmonized
with th? statistical report on busi
ness conditions made by the secre
tary of the national association.
Data collected from local boards
situated |n 14S different eitle?. In re
aponae to a questionnaire iaaued
about two months sgo. produced very
thtereatlng results. The figures on
th? national housing situation clearly
demonstrated th? seriousness of thl?
problem
Although practically all the cities
reporting noted unusual Increase? In
bulMtng operation? during the past
year, only two cities had reached the
point where they were considered
over-built. A number of cities re
ported that the house building pro
gram of the pest year had about met
the shortage, but a large -majority
reportad that there waa ?111 a dis
tinct ahortage existing. In ?very in
?tane? th? ahortage was moat ap
parent In moderate-priced home?,
particularly thoee available for rental
purpose?.
Th? acal? of rental?, according to
the?? reports, indicate? that normal
stability has not yet been reachrd
In the residential properties, general
ly ?peaking, there still ??em? to be
a tend?*ncy toward an Increase, in
dicating that the income from mich
properttee has not yet met th? con
ditions of increased costs tn resp.^-t
to rentals for buslnsaa properties
moot riti?? like-wise show a tendency
to a somewhat higher level, except in
certain localities where poMlble over
production of office building? haa re
suited in a decline.
?"oinrident with the unusual build
ing program an unueually good mar
ket la generally reported for the sale
of hornee. However, the tendency In
this direction noticeably applies to
the moderate priced type of botinas
that sell on Installment payment
plans. The market for aales In busi
ness properties continues to tx.? good
generally. The few exceptions apply
to certain Western and Southern
towns that are experiencing local de
pression.
Another Item that created consid
erable lntereat In the course of dls
cussion was the discussion of financ
ing. From the report It waa ap
parent that the mortgage money
market la still somewhat Involved.
Perhape BO per cent of the t-ltiea re
porting tell that the available mort
gage money in their community l? ;
still insufficient, although the temi- !
eiii-y Is toward improvement In this
respect. While the ratea vary In ?f
ferent sections, an average of tp
proxlmately ? V4 per cent waa re
ported.
P08TAL PLANE TO URUGUAY
BUENOS AIRES. Oct. 11.?-It 1m
announced the poetoKlce department
early In November will Inaugurate a
dally airplane poetai service to ani
from Montevideo, Uruguay._
?
.?NNOUN?E1V1ENT
Mr. J. Paul Fowler
Formerly with L. E. Breuninger A Sons, is now
associated with the Continental Realty Co, where
he will be pleased to see his many friends and
clients.
Continental Realty Co.
308 Bond Building, 14th sata ?. Y. Ave.
Phone Main 4119.
New Homes in Brookland
On 9th Street, bet.
Monroe and Newton.
Two semi-detached,
brick homes, nearing
completion. These are
two of the best built
houses in Brookland.
Each hcnise contains 7
rooms and ree. hall;
tiled bath with built
in tub; 4 bed rooms
and large sleeping
porch; brick garage;
hard-wood floors and
trim. These houses
are complete in every
detail. Price and terms
can be arranged.
Open for Inspection Sunday 2:30 to 5:00
SULLIVAN BROTHERS
819 Fifteenth St. N. W.
Phone Main Tttl. Snnday CaB Fr. 415?
In the Finest Section of
Park View
3643 Warder Street N. W.
S. E. Cor. of Warder and Quebec Sts.
An imposing corner house with large yard and attractive
shrubbery. Built by Kennedy Bros.
Six large rooms; tile bath; hot-water heat; gas, electricity;
bright, roomy kitchen^ plenty of pantry space; built-in garage;
two rear porches ; hardwood trim throughout.
Convenient terms arranged. Early inspection desirable.
Ooen Sunday From 2 to 6 P. M.
nrvita
_ TUI<TCEEVER???GOSC
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4% -T m\WmW^?TtT^^K9'mem^^Mm*mmin9?mw
, Exclusive Agents *
1415 Eye Street Main 4752