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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (June 13, 1920)
PORTLAND OREGON, SUNDAY MORNING, JUNE 13, 1920. REALTORS PROPOS ;e IN U. S. TAX LEGISLATION National Association of Real Es- v tate Boards Organize to Direct ; ttave to West Coast. , Much of the best brains of Amer lea gathered at the thirteenth annu al convention of the National Aaso elation of Real Estate Boards at Kansas City the first week in June The eightee hundred delegates rep resenting: 10,000 realtors in 200 cities of the United States and Canada were men and women keenly alive to the necessity of an immediate so lution of the economic ' problems which vex the nation. '" - ? "Cooperation was the ' keynote of the convention" according to- Harry Beck with of the Fred A. Jacobs company, -ho returned from Kansas City Friday morning and addressed the noon meet ing of the Realty Board. "The spirit of the Realtors found voice in -the speech of John Fletcher, vice-president -of - the Fort Dearborn 'National Barflc Tof Chl cago, who led the discussion of present day problems. WOKK IS SOLUTIOJT OF PROBLEM. "The " solution recomemnded said Beck with, "consists in getting back to normal production, 'Don't investigate. Don't thortase. Don't agitate. Don't ideal ise. Work I Work! York!' That message quoted from Fletcher's address sums up the solution as he saw it' and as the Realtors of America see it." ' ,Tbe conevntion went : about Its busi ness methodically and plans outlined for future activities were along progres sive and constructive lines . Congress . was memorialized to - amend existing legislation so as to remove the income tax, from interest on real estate mort gages placing these securities In a class with government bonds. Eight bills af fecting real estate interests presented to congress during the past year were re viewed, particularly the Calder and No- land bills which are . designed "to en courage home ownership and to stimu late the buying and' building of homes, and to create a standard form of invest ment , based on building association mortgages. . - HOUSING COJfPITIOlTS SERIOUS. Housing conditions in eastern cities are immeasurably worse than in Port land, according to Beckwith, and rents are much higher in Denver and Kansas j City; than in this city. f In. New , York j City out 'of approximately six: million; population only 300,000 people are home owners and the realty dealers and busi ness men of the metropolis are making every effort to promote home building.- The Metropolitan Insurance company! announced tnat it wouia loan up to su per cent of building costs on homes valued at less than $10,000, in any, city in the country. In New York the com pany has arranged to loan up to 60 per cent of the building cost, upon the rec ommendation of the city's housing com mittee. :: - ' . - -, ' "There is only one solution to the rental problem in Portland," said Beck with, "and that lies in the construction of more homes and apartment houses. Unless the summer months are spent in building the winter will find us face to face with the worst rental, problem ever faced by- the city." REALTORS ENDORSE ZOKlKG. Tne convention, expressed aisprovai or city, state and. national legislation pur porting to offer relief for, the housing shortage and other economic ilia After reviewing a great number of these measures the Realtors declared that they were for the most part political propaganda and not even seriously in tended to remedy existing evils by the men who framed them. - The Realtors endorsed the soning of residential, business and industrial dis tricts in cities and the east offers many splendid examples of coning, according to i Beckwith. The Portland delegates Joined In this endorsement , but con demned the soning plan outlined for the city of Portland by Charles . II. Cheney and the city planning commission as un scientific and inefficient. In most east ern cities,; Beckwith said, soning opera tions had been carried out by local Real tors and business men familiar with the needs of their citiea - $ liJCSD BCREATJ ORGANIZED. ' In his address Vice-President- Ferris pointed to the, fact that since 1880 the production of corn in the Untied States has decreased 14.4 per cent ; wheat pro duction has ; decreased 28 per cenr and beef i production ; has decreased 25 - per cent inspite of the great Increase in population.' Reports from realty dealers in Middle Western and Eastern States showed that millions of ' acres of; farm land had' been sold during' the past six months and that former owners are turning their attention to cheaper land In western and Pacific coast statea , The national association organized a land bureau and. wilt Immediately begin a campaign of land settlement. Fred W; German, president of the Portland Realty board, was appointed vice presi dent of this bureau to represent Oregon. Attention of the assembled 'realtors was invited to the millions of acres, of idle Hands in Oregon and other Northwestern states and climatic conditions,, richness of soil, good roads and excellent ship ping facilities were offered as induce ments to eastern farmers.: f-r TATXOR WINS EOXOB OX STERTT. : , The work accomplished by Fred ' Ek Taylor in organizing the Interstate Realty association won the hearty com mendation of the national association stid was. In a large measure, res pons! ble for hie election, to the presidency of the organisation. Several Middle West ern states are working out real estate license laws patterned after that framed by the Interstate association and passed by the Oregon legislature in 1919.- Following the Kansas; City convention - jV r. Tayior? .ram . j. uowgm. FV W. German, I. G. Richardson, Frank TJp shaw. F. O. B roc km an and Frank I MoGulre of Portland, accompanied by E. B. Arthaud of : Hoquiam . and other Northwestern delegates. - went to Chi ease to attend the Republican national convention. They will return this week by way of Minneapolis.; making several stops at Montana towns to organize real estate boards. - REFORMS SUBSTANTIAL II mon -r- v IS i V T O M ! 1 a,toi err cd tHM KtTCKtN 31 ! CN1MM j 'i -r art- ,' - a- New metbod of construction offered by Newton C Ganntt promises to reduce cost of building modern homes from 30 to 50 per cent Right, front elevation and floor plans of boose costing 9700. Ijeft, front eleva tion and floor plans of bouse costing $850. , T - Newton C Gauntt, 708 Irving street. offers architects' plans and - specifica tions for moderate-priced homes that promise to save the. builder from 30 to 60 per cent of the amount required to finance ' construction under ' ordinary methods, r Several of Gauntt's houses have been erected here and at Astoria, and ; are not only comfortable and staunchly built, but present an unusu ally attractive appearance. The . method of construction ' called Sale to Be Held in Chfihalis of Timber And-Cascara Bark Chehalis, Wash, June 12. A sale is to be held June 12 at the courthouse In' Chehalis of timber and cascara bark in Lewis county, at public auction, begin ning at 10 a m. Tracts offered are as f ojlows : . Timber on 80 acres, appraised at $125, now under lease, on the North ern Pacific 11 miles southeast of Che halis. Timber on 120 acres, one and a ha'f miles east of Pe Ell, appraised at $11,102. ; Timber on about 160 acres' 11 miles northeast of Centralla, appraised at $14,118.70. i Timber on 40 acres ap praised at $875, and on 80 acres ap praised at $275160, both tracts 15 mUes west of Chehalis. Timber on 120 acres, appraised at $6967.25, subject to ease ment for right of way f Tacoma East ern Railway , company and' the state highway for a state road, one mile north of Morton.. : - ; ..' - :- Cascara ' bark appraised at $224, 12 miles east of Centralla.. Purchaser must remove bark ; before November 1.' 1921: trees must be cut 18 inches above the ground, , leaving, the unpeeled stump. Cascara bark worth $124.50. appraised at 2 cents per pound, , 12 miles east of Centralla. ; Conditions as to removing the bark are the same as above tract Sells His Orchard to Purchase Newspaper Dee,' June 12. -Colonel" C B. Compton sold his apple orchard last week to C. A. McCammon of Sheridan and is look ing for an -Investment In an Oregon newspaper. Colonel Compton saw serv ice in the Philippines and after the war was' over' put in 11 years in newspaper work at Manila. . He purchased his or chard, tract here" several years ago and has been a successful operator. Comp ton enlisted for service in the German war' and was etationedrln Texas. - DaltonBuys Meyer's Residence at Rupert - ' - c - " ' : : Keating, June 12. James Dalton. ybho owns several ranches In the Powder river, valley, . recently purchased the J. F. Meyer country home at Rupert sta tion on the -electric line between Port land ' and Oregon City. He came here from East Tennessee about 25 years ago and has been remarkably successful as a rancher, .Mr. and Mrs. Dalton will take possession of - their, new home in time to assist in entertaining Shriners at the Portland -convention. . r $500,000 Hotel for : . Lewiston Planned Lewiston, Idaho, June IX Plans are being prepared for the erection of $500,000 hotel here this summer. Sub scriptions : to $300,000 of stock in the hotel, company have been placed, with local people and loans have . been ar ranged for to cover the balance of the building expense. The hotel will be operated , on - a cooperative basis. , HOMES ON SMALL .'. O ASTOIWr One for in the Gauntt . system may be ap plied to any type of frame dwelling of any dimension desired. - In the plans shown, prices ' quoted Include r cost of all - material except the bath plumbing. Simplicity of construction, according to Gauntt,. makes it possible for two car penters to --erect- the five ;- room-house shown in less than two weeks. - ' All of Gauntt's plans and. specifica tions are copyrighted and will be fur nished housebuilders during the next few months at - nominal .cost. Though Brewery Building In -Pasco i Will Be Used as Ice Plant Pasco, Wash., June 12. The Church Manufacturing company of Kennewick has Just closed a deal with the Olyra- pia Brewing company for the. -purchase of the large brick brewery . building on Columbia street, which was closed when the state went dry. . The Church people will use the building for - the' manu facture of Ibe. cold storage and as a distributing point for their manufac tured products.- Ice will be manufac tured Just as soon as the ice plant can be overhauled and an experienced man secured to operate It. The Cox In vestment company, through" whom tha deal was made, declined to make the consideration known. The Cox Invest ment company also reports the sale of the old Nolte building, on Lewis street, which was formerly occupied as a sa-, loon, and which is now occupied by the City cafe and a poolroom, to Wal-J ter Mae. : The ; consideration in mis deal is also withheld. ' Mae will move his poolroom into the building and - will conduct a, first-class " rooming , house upstairs. . ..... Emergency Hospital Is Soon to Be Built : In Town of Morton . Morton, June 12. Dr. A. W. Bridge of Eatonville has just closed a deal for one of the best business sites In Mor ton. ' buying from Homer Johnson s-100 feet frontage on Second etreet by? 200 feet deep. He will erect thereon a mod ern -emergency hospital. He already has a similar institution at Mineral. These two will be used for emergency pur poses In rendering first aid, while the splendidly and completely equipped hos pital at Eatonville will continue to be his main institution. ; ; Dr. Bridge will begin construction of his - Morton hospital just as quickly as he can let the contract. He will main tain in connection with it aa ' auto mobile ambulance which he Baa ordered for Morton. Dr. N. W. Newell of Ta coma will be in charge of the Morton hospital. , j i . ' Half way Fire Loss Difficult to Handle Halfway, June 12. The business men of Halfway, who ; were ' losers in the fire last Thursday, are meeting with fire' Insurance adjusters In an effort to make a settlement, but in at least one ease the differences are "hard to 'ad just. The xire -'maranaj. - nas recom mended that the town council condemn what remains of the Pine Valley Fhar mancy building, owned by Mra. Minnie Lloyd, but the adjuster wants ' to .re pair the building.; C. L Lansing ' has decided not to engaged In the garage business again, and Dr. L N. Sanders, who - owned the Jtjuildtng, will; not re build at present. - Lansing, carried only $3000 insurance on his - stock, and the insurance on the building was. only $2500. " ..--.'- k . INVESTMENT M ' u.awTi ori "Pl-AM the Gauntt houses are not like "ready cut" and "put together" houses on the market, all materials are cut "to re quired lengths at the mill and furnished the builder ready to put in place. All waste , of material and tlabor is elimi nated 'in- the new-' method of construc tion proposed by- the architect. : . ' NO. - ' t-l : fcs5E2 1-4. . i p ' ',: . v . ! I I CMAMIkd ' -: - kfVl WBH ,. - WINDSOR ' . I . . .. isrl 4- fTnSffl I Milf" ' ' ' ""' 1 f m m Wm- l&SfePAflSne A complete house in built, standardised. 4-foot sec tions. - Heady .to place and bolt together. The sec tions are easy to handle and a KEDIMADE can be erected by one man and a helper. Previous building! experience or expert mechanic's knowledge is not,' necessary In erecting It. . - Attractiveness KESOfASX houses' are substantially made and look the part. They are attractive - m any community. , Reasons for Oar-Low Ten pay for no middlemen or agent's profit. Tom pay for no high priced labor, no wasted lumber, no wastea time or .mistaaes. : Tha 100 Hoasa Is Always aa Asset : ' t. Though built for permanency a EEDMABE Sec tional House can easily be taken down and moved which offers an opportunity of resale at a good price. This item of resale -value is one of the strongest arguments for a HfSIMADE. i There Is no better, more economical or more satis factory way of getting a first class house than the "RE DIM ABE" way. - .-i . . -. . - -.;-'. , -.; .-.i f We make la mediate Sfeipaieats, asd wtthla a few days ef the time we receive joar order yew eas mov late year heate. , ' . - :- - - . TITLE INSURANCE V NS APPROVAL OF REAL ESTATE Advantages of Title Insurance to " Buyereof.Real Property Shown 'in Address by Warrall Wilson. ' The advantages of title " Insurance to purchasers ; of real estate ' were explained at length by Warrall Wil son, president of the Washington Title & Trust company of Seattle, -In an address befOre the -Portland, Realty', board Friday;, noon ' at the Portland hotel. The, advantages of title Insurance to realty dealers in preventing endless delays due to conflicting opinions , of . lawyers ,; on' abstracts of title, have long been rec ognized. Without title Insurance the' buyer of a piece "of real estate takes the risk of any flaw that may afterward appear in his title, it was - shown,, while by availing himself of the insurance offered by 'the corporations authorized by the state to' engage In such business he may avoid any risk whatever. The- pur chaser- of property, holding an insured title is protected for all time against any attack on the validity of his title, and this assurance passes to subsequent purchasers upon approval of the Insur ing company. . While title insurance has been1 com mon in " New York, Philadelphia and other : eastern cities for many years, it is comparatively new In Pacific " coast states. The value of the insurance de pends, of course, upon the financial standing of the company selling' the pol icy.. For the protection of the public legislation,' varying in' different states, requires the deposit of a portion of the premium received -in a permanent fund to defray losses due to imperfect, titles. In Oregon the legislature of 1908 passed a title Insurance law requiring companies handling . such insurance lo set ' aside - a permanent fund varying from- $15,000 to 950,000, according to the population of the city in which business is transacted. ' This fund, together with 10 per cent of the premiums received on title Insurance, must 1 be used for no other; purpose than ! to ; meet possible losses to holders of insured titles. : r ; "The law provides that when the , total amount of the fund set aside for this purpose reaches $100,000 no-further ad ditions shall be required. Should public safety at some future date require, a larger.; fund : the law may be amended to suit the needs of "the period. About 60 per cent of the property in Multno mah county is held on insured titles, ac , , - i uih.U . and look well ". Prices Phone East 5114: MEN sMssssBsMSsa ' fj ' ' IsbbsbIsI ' ' IdjV-T - ' . (kito i T 1" LlVIH 1brt 1 lsaes9Mss)!srrJB94sssa PLAN NOi 6 cording to Robert Et. Smith, .president of the Title Trust company. - v The Washington lsw requires pro tective " funds ranging from $10,000 to $150,000, according to populations served, together with a percentage of the pre miums paid. - Am aggressive campaign has been instituted by companies doing a title, insurance business in the two states to educate the public, in the ad vantages of the system. The movement has the - hearty support of the realty profession.-- . . .-." " Strong Demand for Portland Heights Homes Under $7000 'Vy;;'; ..:v 'j '."' - i v. ,:C ;;' The . E. A. Cranston home, "at 640 Raven view , - drive, Portland heights, was sold ' last week- to Beulah r Bridges Fear, r The property transferred - con sists of lot 1, block 1. Turner Heights addition, and a modern six-room house. Consideration was not announced, but the property is conservatively valued at $6000. The deal was handled by Mrs. John Brooke. Another transfer - reported by - this agency last week was the sale of the six-room house on lot 3, block 1 Greenway, ,by Nancy Bates to James and - Hattie "M. Grieg, consideration being $5500. Mrs. - Brooke ' reports a strong demand- for small - modern houses valuel at less - than $7000. .-- Work Is Started on ; Big Irrigation Canal ; In Medford District . Medford. June 12. The building: -of the great irrigations system of - the Medford district is under way with. 100 men and many teams - already employed, and in another week the force of laborers will reach 260 and the number of teams will be about 200. The Rogue River Valley Canal company, which has charge Of the construction ork.- is advertising all over the state for nore men and teams, and expects to soon have 00 men at work on the 60 mllea'ttf. ditch and in constructing the huge Fish lake and Four Mite lake storage dams.; 94,874 Acres Under , : Crop in Lane County; Farms Number 2367 Eugene, May 12. Lane county deputy assessors have practically completed the compilation af farm statistics and have turned into the assessor's office figures showing a total of 2367 farms, compris ing 803,898 acres, the majority of which is in the hands of owners. ' .The crop re ports show that wheat is the leading crop, there being 26,448 acres devoted to this cereal, while oats cover 23,112. The total - area given , to agricultural and horticultural crops is 94,874 acrea ,'-' .! -L.;. HYLAND TtnninTTPF) BUILDH,G EAST ELEVENTH and MARKET STREETS ACTIVE MARKET IN CA BY FARMLAND Ernest Piper: Place Sells for $20,000 anl Many Other Sales Are Made In Past Week. Canby,' June 12. The largest real ty :deal puled off here for' some months was the sale of the Ernest Piper place of 12ft acres, two miles north of Aurora, to John Smolnlsky of Eureka, S. P., for $20,000, the sale Including the livestock and ma chinery. . .The place contains a splen did modern up to date bungalow, and good outbuildings, a large hop dryer, and all are lighted with a Delco lighting system, while water Is supplied by a pressure system. Ten acres of the place are panted to hops and about -20 to wheat, clover and potatoes. , Only about 50 acres are improved.. . . , ', Geoorge Thompson of Payette," Idaho, has purchased the Ed -Graves farm of 40 acres, five miles south of Canby, on Gribble'a prairie, paying $10,600. The place is highly improved, and has a fine modern bungalow, ;; besides , good out butldinga - - , ' ;: ' , ;- ,'.;; - -. ' Wallace Wright, his sister. Mrs. Edith and the latter's husband, who Griffin came here recently from the south, have purchased the V.. G. Jones farm of 40 acres, four and one-half miles southeast of Canby, on Mill creek, and have al ready taken possession. The price paid was $8000. The new owners will engage in truck farming.., They have traveled over considerable Of : Oregon and in spected many properties, with the result that the Canby district appealed stronger to them than any other. W. It Lucke has sold his splendid dwelUng property on the east side of the railroad In Canby to Ole Bather of Needy-for $4000, and possession is be ing given this week, the former moving to the P. I Coleman property tempo rarily. It is the intention . of Mr. Lucke to build himself ' a larger dwelling on the west side of the railroad some time this fall. All th above sales were made through J. J. Sandsness of this city.: . J. A. Cobb of Portland has. bought the W. H. Cochran place of 65 acres, in the Macksburg district, and already has a deal on for a. sale of the same. The consideration was not made known, but It Is believed to. have been between $7000 and $8000. " , In a deal between principals, all being neighbors, George Newtown sold - his place of 24 acres in the: Macksburg district to Rudolph Klaus, who gets the buildings and 14 V4 acres, for which he paid $2700, and Phil Scheer 10 acres, , at $2900. :-r .. Joha Eld of the Canby Hardware and Sectional Houses cic to Avoid high rent! Have the your own landlord but don't buy be a millstone around your neck. In' a REDIMADE SECTIONAL HOUSE you can really enjoy life. Have a garden, flowers, fresh air and sunshine. -Enjoy them all without the uncomfortable feeling of having taken on too great an obligation," a proposition on which you cannot come out whole. SEE OUR . SHRINE MODEL AT SIXTH AND YAMHILL ":: Write for catalog and prices. F ; rrf pflft. ltt)Kn Vrzai j I k p - 4 ' C0LIPAHY PORTLAND, OREGON Implements company, sold two place, known , as the Wallace and Jleylman farms. 'of 10 and 20 acres, respectively, to Frank Hein of Portland, for $50(k). Mr. Hein will move onto the farms at once. He is a brother -of Andrew Hen of this place. ' Rev. N. E. Freberg has sold his Canby dwelling property to Mrs Anna Turn bull, a recent arrival in the city. Gus Gronquist has Just purchased the 10 acre farm of 11. J. Garness at Bar low, paying $3000,- and took immediate possession, following which Mr. Games departed for Ketchikan, Alaska, where he has mining interests. O. K. Warren has sold his 10 acre place at Barlow to his neighbor across the road. Sherman Stuwe, consideration being $3000. $600 An Acre Is Paid for Gilchrist'o Tigardville Farm The west half of the.J. I Gilchrist $4-acre farm at Tigardville was soli last week to Mr, and Mrs. Ilenvan Bremer for $600 per . acre. The land transferred ia 4.U in cultivation, has a complete set of modern buildings. Ii exceptionally well stocked and equlppeJ and has long been regarded as one of the most attractive farm properties In Tualatin valley. Aa part consideration the -GllchrisU received the highly im proved 10 acres known aa the Hideout place, located In the same neighbor hood. - All parties to the transaction were represented by Samuel Doak. Am on,? other recent acreage transfers reported by this agency is the exchange of a highly improved 10-acre tract at Tl- ,onlBf!0v.T JTiKJ,JZ 1U acres nvnr ocrLim iuuhp . to Merman Bremer. Each parcel wan valued at $10,000. Brookings Townsite Is Being Platted; To Be Incorporated ' Gold Beach. June 12. The C. : O. Lumber company of Brookings in South ern Curry county, is platting the BrooU lnga townsite and will apply to Vm county court for the right to make it an incorporated township, according t J. H. Owen, general manager of the company. If the plan la carried out. Brookings will be the only Incorporated town in the county. The company alo contemplates the erection of a lare general merchandise store and a col i storage plant. A modern church edifice will be erected for the use of the citl sens of the town. Several of the directors of the com pany, most of whom are Eastern capital ists, were at Brookings recently and it is reported the company will construct m railroad to their redwood holdings In I1 Norte county, California. The propose i rOad would be about 15 miles long and a bridge across 'the. Chetco will be nec essary' .'':.'. ' ' - r r- 3 7& pleasure of bcinc let the houce you P LAN H O . 8 LAUREL