The Sunday Oregonian. (Portland, Ore.) 1881-current, December 10, 1916, SECTION FOUR, Page 10, Image 61

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TTTE SUXDAT OREGONTATC. POTtTt,A?fD. . DECE3IBEE IO. 1D16.
HIPPODROME SALE
LARGEST OF WEEK
Improvements to Building In
dicated by Notice to Ten
ants to Move Out.
PRICE IS $325,000 CASH
Weaver Apartments Valued at 5-10,-
000 Cliange Ownership and
$40,000 Building Projected.
. Home Site Bought.
1
One of the largest realty transactions
of the year and probably the largest,
considering: the amount of cash that is
changing hands, became known last
week vhen it was announced on good
authority that the five-story Hippo
drome Theater building and more than
a quarter block of land on the north
west corner of Yamhill street and
Broadway had been purchased at a con
sideration of about $323,000 cash.
Ostensibly the buyer is Max II.
JJouser, a Portland grain dealer and ex
porter, although it is understood that
other local capitalists may be associ
ated with him in the investment. It is
known that the property was first
presented to Mr. Houser by a realty
dealer about six months ago. Since the
financial failure of John 'vV Considine
more than a year ago the handsome
theater building which housed the Em
press, Orpheum and Hippodrome The
aters at one time and another and
which was recently named the Broadway-Yamhill
building, has been owned
by the National Bank of Commerce of
Seattle, whose Portland representative
handled the sale of the property with
out the assistance of realty brokers.
Quit-claim deeds filed at the Court
house recently, cleared all clouds from
the title and gave the Seattle bank
absolute authority to conclude the bale.
Dent Thought Concluded.
Although an effort has been made to
classify the transaction as an option
terminating on May l. it Is regarded ps
certain that the purchase has already
been consummated through a 'local
trust company, though the deed has not
ypt been recorded.
When the playhouse was erected
About four years ago a bond 'issue of
J300.000 was underwritten by the Seat
tle bank and of this amount only $60.
000 was paid at the time John W. Con
sidine went through bankruptcy. The
building has been occupied for a year
by the Hippodrome Theater, whose
owners have a long-term lease.
Forced-removal" signs placed in one
of the stores on the ground floor of the
building last week tend to confirm the
report that the purchase has been con
cluded and Indicate that alterations to
the building are planned. Mr. Houser
said last week that changes were con
templated in the entrance and on the
upper floors.
AVenvrr Apartments Sold.
By the terms of a deal closed last
week the three-story brick "Weaver
Apartment building situated at Tl'l
Washington street, between King and
Ft. Cl.ilr streets, was sold by L, F.
"Weaver, of San Francisco, to H. I.
TTamblet. of the Alameda Investment
Company. The consideration of the
transaction was not made public. The
building cost $22..ri00 when constructed
and the lot. which is 50 by 109 feet in
jirpa. is estimated to be worth between
115.000 and -$20,000. The Weaver apart
ment contains 2S rooms equipped with
baths. Originally all of the tenants were
bachelors but it has not been operated
exclusively as a bachelor apartment re
cently. The sale was handled through
. L. Lindsley, of the Associated Brok
ers Company, and S. B. Gustaff.
Through Mr. Gustaff a six-room resi
dence situated near the northeast cor
ner of Ea:t Fifteenth and Going streets
in Vernon, was sold last week by K. T,
Manels. of Baker, to A. E. Ward, at a
valuation of about $2500.
940.000 Apartment to Rlxr.
Although the name of the owner and
the location cannot be divulged it is
known that plans are being prepared
by Claussen & Claussen for the con
iitruction of a four-story and basement
brick apartment huilding that will cost
in the neighborhood of $40,000. The
proposed new building is to have
five and six-room apartment suites,
with fireplaces, hardwood floors and
full equipment.
Machine Shop to Cost 2.0fl0.
William Cornfoot obtained a building
permit lat week for the construction
of a one-story' machine shop to be
erected on the site of the Albina En
gine & Machine Works on Loring street
between Lewis and Hirding streets, in
Albina, plans for which have been
prepared by Architect Walter Claussen.
The probable cost of the building is
cited as $20,000. An additional building
to cost $1500 was also authorized at the
same time.
Walter Beebe to Erect Home.
A view site, consisting of three lots
In Olmsted Park, above Irvington, and
near the Broadway carline, has been
sold through the agency of H. M.
Bransford, to Walter B. Beebe, vice
president of the Northwest Steel Com
pany, for a consideration said to be in
the neighborhood of $5700. Mr. Beebe
expects to erect a handsome residence
and occupy it as soon as completed.
REALTY LAWS DISLIKED
EFFORT TO BE MADE TO HAVE OB
JECTIONABLE CLAUSES CHANGED.
Dealers Hear Discussion of Proposed
LeKlslalion and Tour of West
over Terraces Planned.
An amendment to the present law re
quiring that a realty broker must have
a contract in writing, stating a con
sideration, before he can collect com
mission for the sale of real estate, will
bo offered to the next Legislature, ac
cording to Herbert Gordon, chairman
of the legislative committee of the
Portland Realty Board, who will rep
resent Multnomah County in the next
Legislature. Mr. Gordon made this
announcement at last Friday's meeting
of the Portland Realty Board and ex
plained that the bill was to be intro
duced at the request of a large number
of realty men who have had trouble
collecting commissions justly earned.
He said the repeal of the law would
bo attempted and that he hoped at
least to eliminate the provision requir
ing that consideration be stated.
Mr. Gordon also announced that a
bill was being considered to eliminate
the evils of petition chasing, such as
resulted in the misrepresentation con
nected with the placing of the last sin
gle tax measure on the ballot.
James B. Flnnigan and C. S. Robin
on, framers of two laws intended to
change the present mechanics' lien laws
of Oregon, were called upon by H. U
JUlem&n, chairman of the day, to OX'
plain the various feaures of tliPir pro
posed bills.
During the course of the meeting S.
F. Woody, vice-president of the Seattle
Real Estate Board, took a fling at the
so-called knockers of Portland and
contended that while pioneers were
useful in, the beginning, that they be
came liabilities in a community after
a time. He said that realty conditions
in Seattle were improving except in
the acreage field, f In a spirited ad
dress boosting Portland Tom Richard
son took exceptiqn to Mr. Woody'a re
marks. Mark Woodruff, of the Chamber of
Commerce, pleaded for support of the
Pacific Northwest Tours Association. A.
C. Callan explained the light that is
being waged for lower water rates for
factories and Dean Vincent, chairman
of the board's committee in charge of
the Westover Terrace project, an
nounced that an excursion would be
made to Westover Terraces in the neat
future.
On motion of G. G. Rohrer. chairman
of the committee on rentals, his com
mittee was made permanent rathe.'
than special.
IiAXD KEXTS FOR $14 ACRE
Cihatilla County Man Makes Con
tract for Three Sections.
Fourteen dollars an acre, probably the
largest price ever paid In rent for
wheat land in this section, will be re
ceived by Mel Schutrum from J. W.
Maloney under a contract which has
just been signed between the two for
DUTCH COLONIAL RESIDENCE
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IIOMK OK MISS V Kit A MAY DARLI.Vfi.
Among- the attractive new residences completed recently in the Eastmoreland district is the Dutch Co
lonial home of the Misses Vera and May Darling: on East Thirtieth street, between Tolman and Claybourne
avenues, which was designed by C. H. Wallwork, a Portland architect. The home was built at a cost of
about $3400.
The main entrance opens into a' small square hall. French doors open from this hall to livinfr-room and
dining-room, living-room 13 14 feet by 25 feet., with the large fireplace and bookcases on the long side of
room, from living-room French doors lead to a large living-porch at the rear of house.
The second floor contains three bedrooms and bath; also a sleeping porch. All the rooms have large
closets or wardrobe,'and each room has a nest of drawers which run back under the low portion of the roof.
Floors are of oak, while the woodwork throughout the house Is old ivory enamel. Walls are light tan.
bordering on the yellow. The cement basement also contains a shower bath.
the rental of three sections of land
owned by Schutrum just north of this
city, says the Pendleton Tribune. It is
currently reported that the Judge took
the land at that figure to prevent its
passage into the hands of two of his
business rivals.
BRIDGE GIVES IMPETUS
SALES REPORTED ALONG! ORTH
E3iD OK 17KIOX AVENUE.
South Dakotn Man Plana Erection of
Rulldinff at Lombard Street and
Will Run Grocery.
On account of the fact that Union
avenue is completed and is about to
be connected iirectly with Vancouver
by way of the main approach to the
interstate bridge, unusual activity has
been noted recently in all classes of
property along the avenue.
A letter received last week by "Will
iam L. Graham, of the Brong Company,
from J. O. Lentz, of Redflel'd. i. D.,
who is the owner of property at the
northeast corner of Union avenue and
Lombard street, announces that he is
planning the erection of a two-story
double building on the property and
that he will come West to operate a
grocery store on the premises.
A total of 22 lots situated along Kast
Eight street, in El Tovar Addition, has
just been sold for $12,000 by the Brong
Company to Lewis P. Love, who will
hold them as an investment.
The following sales in El Tovar have
also been made recently: A 50 by 100
foot business lot on the east side of
Union avenue, between Lombard and
Stafford streets, to J. M. Crawford, of
Dundee, for $1600; a house and lot .at
1418 Kast Seventh street to C. R. Tol
bert. fur lta0; a house at I486 East
Sixth street to Inez C. Pierce for $1900;
a residence lot on Lombard street to
P. W. Bennett; two lots on the same
street to Sarah E. Kleppin; a lot on
East Seventh street between Morgan
and Bryant streets to Mrs. S. C. Har
vey. ROAD SURVEY SUSPECTED
Party Believed to Be Kunning Line
for Oregon Electric Extension.
FOREST GROVE, Or., Dec. 9. A
party of surveyors came to this city
the past week and was taken over into
the Wilson River country.
It is surmised that they represent the
uregon Llectrlc Railway, which has a
survey part way to Tillamook, along
this route, which would tap the great
timber country lying above Gales
Creek, and that it is with a view to
making the extension of the road from
this city or Wilkesboro that the party
is now making the survey.
Sherman County Farm Sold.
SHANIKO, Or.. Dec- 9. (Special.)
The Bruner property of 640 acres, half
mile north of here, has been sold to
J. C. Adams, of Kent, Or., for $4800.
There are about 200 acres that can be
cultivated. . Part of this has yielded 30
bushels to the acre. The balance is in
good pasture land. Mr. Adams expects
to keep cattle for dairy and beef for
local markets.
Cbehalis Taxes $72,999 Less.
CHEHALIS, Wash.. Dec. 9. (Spe
cial.) James McClure, County Assessor,
and his office deputies have completed
the extension of the tax rolls for the
year 1916. The total valuation of all
property, real and personal, subject to
taxation is $20,214,953, arid the total
taxes for all purposes Is $865,039.14.
The taxes for 1916 are lesa than those
of 1915 by ,72.999.07,
MOVEMENTS GO
UP IN COST BUT PAY
Seattle Engineer Tells of In
creases of All Sorts of
City Betterments.
SOME ALWAYS OPPOSE
Problems Confronting Officials, En
mity to Be Overcome and Prac
tical Value of Improvements
Are Discussed by Expert.
In contending for liberality in public
expenditures. R. H. Thomson, the
famous Seattle engineer, in the course
of his address at the Central Library
IN EASTMORELAND HAS MANY
3lBara;s
,1 S i 4 rrr
11? l
1 5 11
4? "
last Monday night on "Engineering
Problems of City Development." ad
mitted that the expenses of public im
provements in American cities have
jumped ahead by leaps and bounds dur
ing recent years, but he contended that
even greater increases were shown, in
per capita wealth and in the wealth of
American cities.
Mr. Thomson quoted figures to show
that public improvements in general
averaged an increase of 32 per cent
between the years 1902 arid 1913. In
all the cities of the United States the
following increases were shown in the
respective departments of government:
Cost of general government. 40 per
cent; police protection. 9 per cent: fire
protection. 22 per cent; health conser
vation. 66 per cent; sanitation. 59 per
cent; street construction, 16 per cent:
charities. 32 per cent; education, 38
per cent, and recreation charges, 82
per cent.
Co-operation Reduces Taxes.
"The fact that the tax burden has be
come considerably less in spite of the
increased cost of public improvements
proves that co-operation in both things
by whole is better and more economical
than doing things by retail. In various
ways modern cities are taking over
helps which enable' citizens to pile up
wealth faster." he said.
At the outset- of his -address Mr.
Thomson explained how the develop
ment of the steam engine, the steam
boat and the locomotive brought about
the creation of great cities where great
factories sprang up.
The law of gravitation drew people
to the city, he said, and created a new
responsibility for the city fathers be
cause a congested population made
modern -swers neceFsary to keep down
the death rate, and compelled the pub
lic authorities to find means of sus
taining the life and health of the
workers.
This brought forth systems of run
ning water for sewerage purposes, the
science of streetcleaning and the de
velopment of places for recreation
where the tired worker could stretch
out Ills arms, rest on the green grass
HI I
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ex.
NEW 'LAURELHURST HOME HAS OLD IVORY AND ANTIQUE
MAHOGANY INTERIOR FINISH.
-
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RESIDENCE OF DR. II. A. MEDKRSACH AT 1170 HASSALO STREET..
A 10-room residence just completed at 1170 Hassalo street, in Laurel
hurst, by "Dr. H. A. "Medernach.-iias 10' rooms, the lower floor being fin
ished In old ivory and antique 'mahogany. The cost of the house was.
about $6000. The cellar is constructed to furnish garage space for an
automobile, the entrance being at the front of the house.
and feast his eyes on the wonders of
nature. ' -
"There has always been a large class
of people who have fought, struggled
and protested against these improve
ments on the plea that they were going
to -cost money and would thereby raise '
taxes for the estaDiisnment oi luxuries
which- their fathers didn't have and
which, therefore, they didn't need,"
said Mr. Thomson.
'These people didn't want .'streets to
be , paved and lighted, but they have
been compelled to submit on account of
mutual responsibility and as a matter
of economy.. Jt has come to be an ac
cepted fact that it pays to take care of
our men Just as we must take care of
horses and other animals.
"In supplying public needs city offi
cials are today engaged constantly with
engineering problems. They know now
that they must have cheap means of
communication with their hinterland
and with the markets if industries are
to- thrive in their community.
"This makes good highways neces
sary and the elimination of heavy
grades and crooked and narrow streets
which serve as a prohibitive tariff
against trade relations. Time Is an
element of expense in transportation
and all barriers to the ease of trans
portation must be removed.
Beanty. of Parks Is Practiced.
"The matter of sanitation is also im
portant today. The proper care of chil
dren has become a public matter and
precautions must be taken against
crowding children into congested, filthy
quarters and to see that their health
ATTRACTIVE FEATURES.
is conserved that they may become
good citizens.
"On the ground that bcauflcatlon is
a waste of money there has been
great outcry against public parks, but
beauty and parks have their practical
purposes."
In quoting the increased cost of pub
lic improvements throughout the coun
try Mr. Thomson admitted that he did
not know how future improvements
could be handled in Oregon under the
new constitutional amendment limiting
the Increase in taxes to 6 per cent
year, but he admonished the citizens
present not to be afraid of spending
money for improvements that will give
greater health and bring good in one
way or another to the entire popula
tion. ,
While on this point he defended the
wisdom of opening up new streets, of a
city garbage system and of water me
ters o the ground that they tended
to save money in the long run.,
- Opponents Become Friends.
He recounted his experiences as city
engineer of Seattle for nearly 20 years,
during which time he supervised the
expenditure of more than $40,000,000.
He said it took him nine years to get
mountain water into Seattle and, that
during the interim he had to appear
before the Legislature four times and
before the Supreme Court five times on
account of the fight made against this
improvement.
The same struggle came when the
sewer system was put in, when he
first asked the people to vote $7,000,000
to develop the port of Seattle, when
he asked for better roads and streets,
etc.
Finally, he said, the very people who
first opposed him- patted him on the
back for the projects which he fathered
and that now the people of Seattle real
ize that improvements are investments
rather than expenditures and that cheap
bread and good sanitation tend to make
big cities and good cities.
The Russian government controls the
prices charged for medical prescriptions.
1
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NEED OF STREET TO
BISECT CITY URGED
New York Man Advises Con
struction of a Main Ar
. tery in Portland. .
FUTURE GROWTH FORESEEN
J. V. Boies Suggests Thoroughfare
Could Run From Ankeny and
. Broadway Across Xorthwest
ern Section of . City.
In a letter addressed recently to J.
Upham, president of the International
Realty Associates, the purchasers of
Westover Terraces, J. W. Boies, a resi
dent of New York, who chanced to be
stopping at the Hotel Multnomah
while Mr. Upham was in the city, sug
gests the construction of a possible
new street in Portland that would
form a main city artery, starting from
a central city division point, say An
keny street and Broadway, and cutting
obliquely across the norwestern section
of Portland to the city limits, with
provision for its eventual extension to
the junction of the Willninettrt nnrl Pa.
I lumbia rivers.
Early Action Urged. .
-Mr. .Boies, who signs himself "a vis
iting auditor contends that such
street artery would form a natural
highway leading directly to the rest
dential sections on the uplands and to
the factory and shipbuilding sites
along the lower river. He urges that
the improvement be made .before the
rights of way become prohibitive.
Although the city beautiful plans
suDmitted'by E. H. Bennett, an emi
nent architect, in 1910 and 1911 recom
mended the construction - of several
cutoffs and extensions, no extensive
movement in that direction has been
carried forward in Portland. Even as
late as a few months ago there was an
agitation for the extension of Stark
street, but this plan was opposed and
was defeated.
The plan proposed by Mr. Boies is
even more extensive than the proposed
Stark-street extension, and is interest
ing, not only because of the engineer
ing feats it contemplates, but because
its presentation embraces many flat
tering comments on Portland from I
visitor.
Mr. Boies' letter follows:
Residence Qualifications Praised.
"For years Portland, Or., and Oak
land. Cal., have been recognized by
travelers as two of the great residen
tial cities of the West, largely due to
the charming combinations of climate
and suburban environments of natural
beauty.
"As manufacturing cities also thev
.both have been rapidly forging ahead
curing the last decade, so that soon
perhaps, they may be compared to their
older Eastern sister that great manu
facturing city of Newark. X. J.. with
its many plants along the Passiac River
and its beautiful residences in the
Orange Mountains and foothills on its
outskirts.
"Newark, N. J., has two wide streets
intersecting each other at right angle
at the city's center, -alled Market and
Broad. .,e latter, true to its name
one or ine wioest thoroughfares in
America, is Newark's great commercial
artery, paralleling the river through
out the city's limits.
"Oakland, like Newark and other
large cities, has several wide avenues,
radiating from its center," such as East
Fourteenth street. Broadway, Tele
graph and San Pablo avenues. These
avenues extend as straight as an ar
row's course for miles into the sub
urbs along various points of compass.
Years ago San Pablo avenue- was cut
obliquely across the city at great ex
pense, forming like Market street of
San Francisco a great artery of com
merce. Xew Artery Advocated.
"But why, oh why. does your beau
tiful city of Portland content itself
with such an inadequate street like
Washington for its outlet to the west
and north? True, you have made a
good start in extending your Broadway
over its great bridge as another feeder
into Eastern Portland.
"If there ever was a time, it is now.
for Portland to follow the successful
example of her sister cities and open
up another long-needed avenue of com
merce; but this time cut it obliquely
across the city, connecting such nat
ural division points as Broadway and
Ankeny with Marshall and Eighteenth
streets, and thence across the north
western section to the city limits, with
provision for its eventual extension to
the lower Willamette and Columbia
rivers.
"Such a street artery could form a
logical division cutoff, leading directly
to trie residential section on the one
hand and the natural manufacturing
district on the other, along the lower
levels between this cutoff as suggested
and the lower Willamette River; for
this district is rapidly proving the best
available level land for the new ship
building and allied factory sites.
"During the 'year of 1911, on the
writer's longest visit to Portland, this
idea impressed itself upon him, as it
must have upon numerous others. But
now, with the shipbuilding forging to
the front on the lower Willamette,
surely this worthy city can well afford
to respond to the increased demands
of traffic from new industrial growth
and supply what now seems the only
thing lacking for a greater Portland,
viz: a new metropolitan avenue of
Commerce."
Several Small BulldlnKs Beicun.
L. H. Libby has commenced the erec
tion of a one-story creamery building
at 1006 East Morrison street. In Sunny
side Addition, to cost $1500. For Ella
La Pointe. S. Rasmussen has started
the erection of a $2275 residence in
Rose City Park: F. B. Turner is build
ing a $2500 bungalow at 653 East
Sixty-first street Xorth. Rose City
Park: Thomas Vigars took out a build
lng permit last week for the erection of
a $3500 residence at 6 East Thirty-ninth
street, Laurelhurst: G. E. Weller Is
constructing a $2250 residence at 829
East Seventy-seventh street North, in
Montclair Addition, for G. A. Stock.
Sbaniko tie-elects Mayor.
SHAXIKO. Or., Dec 9. (Special.)
The results of tne city election neia
vesterday are as follows: Thomas
Gavin (Rep.). Mayor: R. R. Wheeler
(Dem.), Lou Fenton (Dem.), W. A. Rees
(Rep.), two-year Councllmen; Ed Hln
ton (Rep.), Howard Weise (Dem.). one
year Councllmen; Gus Rehder (Rep.),
Marshal: Archie Altermat (Dem.). Re
corder. Mr. Gavin won by 15 votes and
will serve his second term as Mayor.
Portlander Buya In Montana.
Leo Charles Sparks, one of Portland's
vocal - Instructors, has recently pur
chased a 360-aere wheat ranch In Mon
tana. Mr. Sparks expects to spend the
greater part of his vacation there in
making Improvements and overseeing
the work on the ranch.
LIFE INSURANCE COMPANIES
PROTEST AGAINST TAXATION
Congressional Proposal of Including Protection of Dependents' in list" of
Incomes to Be Taxed Brings Spirited Objections.
BY LIFE INSURANCE EDITOR.
THE 64th Congress, which passed
into history as the "Two Billion
Dollar Congress." adjourned after
making appropriations which totaled
exactly $1,626,439,210. With other ob
ligations and authorizations the total
reached, $1,858,384,485.
While at first there seemed to be
little hope, the proposed stamp tax on
Insurance policies was stricken out of
the emergency revenue bill. The bill
originally proposed a tax of a half a
cent on each dollar of premium on all
policies including life insurance. Short
ly arter the bill was introduced, the
members of the House and Senate were
deluged with protests from all parts of
the country, particularly from life in
surance companies and policyholders.
one of the large life Insurance com
panies issued a protest which had much
to do with eliminating insurance from'
the bill. This protest explains why life
insurance, of all things, should not be
taxed and' every policyholder should
acquaint himself with the facts.
Citizenship Is High.
The protest reads in part as fol
lows: "As you are doubtless aware,
when the insurance departments were
organized in the various states some
50 years or more ago it was with the
purpose of supervising the business
and safeguarding the interests of
policy-holders, but with no Inten
tion to impose upon them more than
the actual cost of such supervision and
this was the original practice. It has
long been recognized that those who
carry life insurance are the best citi
zens of this country, having voluntari
ly taxed themselves to the extent of
their premium payments in order to
provide for the welfare of their de
pendents.
"It has been well said that the Gov
ernment should insist upon the faith
ful conservation of life insurance funds
and the application to their intended
use. It should be as reluctant itself to
reduce or divert them as to permit
individuals to employ them for political
purposes or in extravagance of man
agement. Double Tax Asserted.
"Life insurance taxes either increase
the cost of insurance or diminish the
amount of It. In the one case, they fall
on the policyholders: in the other, on
the beneficiaries of the insurance.
"Having taxed the real estate and
other property of these corporations on
the same basis as other property is
taxed, and imposed upon them in the
form of fees, the payment of the cost
of their own supervision, further and
additional taxation is unjustifiable. The
mere desire to raise revenue docs not
warrant imposing upon life insurance,
conducted upon the mutual plan, a spe
cial form of premium or other income
tax.
"Notwithstanding the original inten
tion of the 'various Legislatures with
SESSION IS PLANNED
Interstate Realty Executive
Body to Meet Here Soon.
MEMBERSHIP MOVE AIM
Important Business Scheduled, In
cluding Selection of Place for
Convention Aberdeen and
Eugene Are llivals.
' Extensive preparations are being
made for the first meeting of the ex
ecutive committee of the newly or
ganized Interstate Realty Association
of the Northwest, which is to be held
in Portland January 12 and 13. Much
important business is to be transacted
at this session and the meeting place
for the 1917 convention is to be i-nosen.
The realty boards of Aberdeen, Wash.,
and Eugene. 'Or., are said to be striv
ing for the honor of holding the next
convention and it is understood that
Seattle may also put in a bid.
Since the formation of the interstate
association in Portland last July, or
the initiation of the Portland Really
Board, the realty boards of Seattle.
Tacoma. Spokane and Everett have vot
ed unanimously to become members of
the association, which already had the
support of realty men throughout Ore
gon, as well as In Southern and South
western Washington and Idaho.
At the executive committee meeting
in Portland next month a big member
ship campaign is to be inaugurated
among the leading realty dealers In
Oregon, Washington and Idaho. The
attendance at the organization conven
tion in Portland last July was ap
proximately 700 and it is hoped that
1000 may attend the 1917 convention. A
number of local realty boards have
been organized in the Xorthwest since
the birth of the interstate association.
In addition to F. E. Taylor and Paul
A. Cowgiil. president and secretary, re
spectively, of both the Portland Realty
Board and the Interstate Association,
the following executive officials of the
latter organization are expected in
Portland for next month's gathering:
Samuel Collyer, ex-president of the
Washington State Realty Association;
E. S. Goodwin, president Seattle Real
Estate Association; Fred K. Jones, pres
ident Spokane Realty Board; L. R.
Manning, president Tacoma Real Estate
Association;. W. R. Booth, president
Everett Real Estate Association; W. E.
Pierce, president Boise. Idaho. Realty
Board; W. C. Williams, president Eu
gene, Or., Realty Board; F. W. Wood,
president North Bend, Or.. Realty
Board; J. H. Batchelder, president Hood
River Realty" Board: E. T. McKinstry.
president Grants Pass Realty Board;
F. W. Fitze. Coeur d'Alene. Idaho, vice
president of the Interstate Realty As
sociation: Frank O. Dole, Aberdeen,
Wash., and H. Scott, Salem, Or., and
the following directors of the Inter
state Association: Albert Schooley, Che
halls. Wash.; J. E. Calder. Montesano,
Wash., Volney B. Cox, Pasco, Wash.;
R. H. Traill. Jerome, Idaho; C- M. But
ler. Stites, Idaho: F. H. Smith, Boise,
Hdaho; W. C. Murphy, Medford, or.; B.
"an Dusen. Astoria, Or., and E. T.
Wade, Pendleton, Or.
MuYiTXOMAH REALTY ACTIVE
Opening of Capitol Ilighgway Has
Marked Effect.
Since the opening of the Capitol
Highway from the end of the Terwilll
ger boulevard to the county boundary
marked activity in building and real
estate has resulted. At Multnomah
W. N. Rlnehart. of Cottage Grove, pur
chased the country home of Fred D.
Armstrong for $2500 cash.
The place is made up of tracts 3 and
4, block 1, of Hillvale. and contains
about half an acre of ground. It is
improved with a modern five-room
bungalow of the low Southern Cali
fornia type and the ground is beauti
fied with, nobby outhouses and pergo
respect to the supervision of the busi
ness of life insurance, additional taxes
have been imposed from time to time,
until esteemed one of the sources-of
revenue of the various states and of
the. Federal Government, with little, if
any, thought of the effect upon policy
holders." Quoting England's policy of deduct
ing the amount paid by any citizen for
insurance from taxation, the statement
continues: '
KnKlnnd Exempts Insurance.
"With England's great need for rev
enue this practice has been continued,
that country at the present time ex
empting from tax one-sixth of the in
come of each citizen, provided it is
devoted to the purchase of life insur
ance protection. Prior to the present
war there was no premium income tax
in France, Belgium. Austria. Hungary.
Italy, Spain or Russia, and we are led
to believe that the same condition still
prevails.
"The several states, as well as the
Federal Government, seem to fail to
recognize the essential qualities and
the beneficent character of life insur
ance and have imposed upon it tax
burdens far greater than those Imposed
upon other Institutions. This is no
doubt due in large part to the ease with
which the needs of the various govern
ments could be met by taxation of this
accumulation of assets for later dis
tribution among dependents, in which
funds no single Individual has a suffi
ciently large interest to render it worth
while to institute a vigorous opposition.
Tax Sometime Triple.
"The present tax law applies specif
ically to net incomes of over $3000
only, but inasmuch as the average pol
icy in companies conducted upon the
mutual plan, excluding industrial in
surance, is less than $3000. and the
annual premium thereon upon the av
erage less than $125, the effect has
been indirectly to tax at least this
much of the income of insured mem
bers who are otherwise exempt. Where
the net income of an individual has
exceeded $3000 the effect has been a
double tax upon so much thereof as is
devoted to life insurance, and all of
this in addition to the state taxation
heretofore mentioned a triple taxa
tion. "The members of this company,
through the management, protested
against the imposition of the present
Income tax, and repeat this protest
with added force in view of the con
templated doubling of the tax rate.
"In view of the fact that every dol
lar of the funds disbursed by a life
insurance company has come from the
premiums paid by the insured, even
the interest receipts being the income
derived from the investments of pre
miums paid in former years, all taxes
of whatever nature fall ultimately
upon the Individual policyholder, and
w bespeak the attention of your com
mittee to this phase of the situation
in your proposed consideration of H.
R. 16,763."
las. Mr. Armstrong lost no time In re
locating a new home at Multnomah.
He purchased tracts 24 and 25. in Over
hill Park, from Peter Kerr and imme
diately commenced the construction of
a modern five-room bungalow.
Ben Rlesland has sold his modern
five-room bungalow, located on the cor
ner of Thirty-tirst and Fenton streets,
to Dr. T. E. Marx, of LaCenter, Wash.,
for $2500. Ir. Marx has already taken
possession of the premises and is pre
paring to open his office at Multnomah.
Other deals are in progress.
Mr. Rlesland reports that, he has ne
gotiations pending for the building of
a larsre garage and machine shop on
the highway. Many families are mov
ing out to this district and the late
school census shows nearly a third in
crease in school children over the cen
sus of a year ago.
George Primrose, the veteran min
strel, is planning to build a large,
modern home along old Colonial lines
on his 10-acre tract northwest of Mult
nomah station. The ground is beauti
fied with Oregon shrubbery and fruit
trees.
Directory of Prominent
Life Insurance A -e nicies
Members of Life Undcrrilcrs
Association of Oregon
Vv m. Goldman, tfeoerai Manager.
.NA'llUAAL. LiFlk O' V1LUMO.NT.
H. O. Coltou. Msuski-. .
MASSACHUSETTS MUTUAL, UFE
Chamber uf Commerce Bids.
Jt. I. liarnou. Manager.
PENN MUVUAL L.1K..
Nortiiwti lern Bank Bluff.
Horace Mecklem, Manusar.
NEW KNUU.VU MU1 UAL OUTB.
North weetwru tiauk Bias.
a. M. Elocum. Mar..
RELIANCE UlfE l.Nn. CO.. Plttlburs. Pa,
08 Morgan Blag.. Portlapq Or.
K p Lck.wood, Vlce-Pri. and Oca. MI.
COLUMBIA L.1KE TRUST CO,
202 Stevapa Bldg.
Fettlm-Groaamayer ao.. General Ag-anta,
IUS TRAVELERS' INS. CO,
8Ua-31U Wilcox Bids.
K. V. Ameabury. Manaser.
NORTHWESTERN MUTUAL L1KB INS. CfX
yorlhwaura Bank Bids.
Judd Lowrey. Supt..
AMERICAN CENTRAL LIFE INS. CO..
719 Dekum Bids.
John Pauer. Superintendent.
PuUIIKNTUL INSl'KANOH CO.
601 Northwestern Bank Bids.
T. H. McAllia, State Mar.
ONION MUTUAL LIKE INa. CO.
Board of Trade Bids.
Kdsar VV. Smith, Manager.
EQUlTAtLW LIKE AwiiRAMl. SOCIETT.
806 Oregonlan Bids.
State Members
Portland Realty Board
The following real estate men .are
the accredited members in their re
spective cities of the Portland Real
ty Board. None of these sought
membership, but were selected after
a canvass of the available men in
their line. If you have a real estate
transaction in any of these cities
or wish information, --rite them:
Astoria Astoria Harbor Imp. Co.
liend J. A. Estes.
Koaebura W. A. Bogard.
BUILDERS' SUPPLIES and
HOME SUGGESTIONS
lJ.C. ENGLISH CO.
L.1U1-HIINU
FIXTURES
E. Irvine and Union irnaa
actor jr Conaamer.
Pawa- K. 1243. O 1384L
There Is a Good Paint House
in Portland
TIMMS, CRESS & CO.
as kaVOAu aiMJaUii'r.