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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Sept. 12, 1920)
"v . . ., SECTION THREE REAL ESTATE, BUILDING V ' WANT ADS TWELVE PAGES r MARKETS, FINANCE MARINE, LUMBER 4 . PORTLAND, OREGON. SUNDAY MORNING, SEPTEMBER 12, 1820. TdSingil are enumerated - Mental Competency of Testator and Careful Choice of Executor to Administer Estate Essential. Two polnti of cardinal Importance in drawing a will are these: Td be aura you are In & rational state of ralnd and able to consider falrly'the Jnteresta'of all members of you family and other prospective heir1. and to consider carefully who best is able to handle your affairs to re alize the maximum' 'amount from your estate. ": , . "I have not been fairly considered and win certainly contest the will." Is an -expression of feeling; too often heard sfrom the heirs of people who have passed on, and the rancor behind thin expres sion has been the. cause of much needless dissension and expensive litigation. So common was the habit of will breaking a few decades ago that the f imlly dis cord which produced It became a pop ular basia for melodrama and the staff ing ot these dramas had a beneficial ef fect and resulted in greater care being exercised in preparing wills. FAVOIIITISM FKACTICED One of the mont common causes of litigation Is the impulse which prompts many men to make their wills while in the heat of passion and while not able rationally to consider the results of their action. There are few families in which the jH rents do not have a iavorlte someone posHlbly who has shown a greater degree of affection to the par ents than other members of the family or through circumstance has been more closely associated with them. Feeling that they have a moral right to bestow their estate upon whom they please, parents not infrequently bequeath a larger portion to the favorite than to Ihe other hetrs. Oftentimes antipathy to a marriage which was looked upon with disfavor by the parents, and to which they never have been reconciled, is reflected In the terms of a will and leadH to long and expensive litigation. It may be that an erring son or daughter has been severed from home ties and the Implacable spirit of the parents speaks through the will and brings on dissension unions the legal heirs. " :rnK4i'iit'E is factoii ' Too many people make their .wills while under the Influence of prejudice, little thinking what the future may hold for their heirs. An Infinite amount of litigation and no end of discord could be avoided by a fair and unprejudiced division of estates in the terms of prop erly drawn wills. It must also be re membered that recognition on an equal basis with other members of the family would have a tendency to restore the confidence of the errine member and put him on his feet again. It Is with these thoughts In mind that all should make their wills. The best procedure Is to first consult your law yer and explain .fully your wishes for all members of ybur family and others you wish to remember. You need not be afraid of your lawyer breaking your confidence. Confidential service is one of the first requisites of a good lawyer. Tou should InstrwH him to draft a will for you. Carefully think over your be quests and see that the rough draft of your will conforms with your desires. If you take sufficient time "to do this, you will generally be able to provide In a fair and Just manner for all. Then Instruct your lawyer to prepare the final draft which you execute before two wit nesses; as required by law. fJOXTFNTS COSTLY HYequently our courts have long drawn out will contests before them, which would be needless If all wills were drawn when the testator was 'not biased or prejudiced against some member of the family. Very few wills are broken by court action, but such suits are invar iably lengthy and expensive. The costs are not only heavy on the litigants, but on the taxpsyers as well, as they pay the salaries of the judges. Other liti gation more vitally affecting the people is considerably delayed. Most estates are depleted and wasted to almost nothing through the necessity of paying lawyers' fees and other expenses in de fending art ions brought by dissatisfied heirs. In Multnomah county alone there pave been several will contests of late yers which have each taken up con siderable time. As examples of the re Suits obtained, the last two wills -contestedthe Xrtrlfa J. Falling and IL L. IMttock contests have both been upheld in the courts. Another polni of dissension Is one that Is hardly unW itandable to the lawyer or trust officii-. Many 'heirs, or close friends, feel thl they should be appoint ed executor '-f the estate, and many quarrels aris over this appointment If Ho executor !j provided for In the will. aaj K5 vW , 1511 I! - ', .,0 i :v. The above shows the residence on iharfceautlfur t-tcrt tract which 1 am offerlnr i?5 - - !. f.xc?ll2,',y 1ow figure ot $11,000.' Th property is situated near Ryan nd 'Multnomah -Statloss on the. Oregon -Klectrtc-about 4H miles from the f Hi l. .k Portland-, accessible by good Improved county road and about 7 :" V ,' " . r waon. u is. n yvm.uiua, m ore ura an and tor fhai reason tm sacriftcbig at the above ttsrure. Obtained kg consulting the Exclusive Sales Agent 4 BEN RIESLAND PLATT BUILDING HIGH CLASS HOMES FIND WAITING MARKET . . . - ' P)miiw j ii n i ii iiiiii, iiiiujiiiMil.l!Z!nmMiMiiiM).)iat s:.aMtaxssar-.?riff .r-.T. inn ax .. -y a ir , v w , iwwA '' X- 4 s ' . '- i f ; ;rM -1 '- 4- T - - .7 . '- ,. r I '' ..Btnrm- n iir- n rti .MAit-iBwALMi y y : .if t,T , mmmmmmmmmtmmmmmmmmmm,3ZZ' Increase In the number of transfers of high class, residence property Is a euro index of a healthy toned realty market. Among the recent sales reported are the following: Above, left House at 1027 West- ovcr Road, sold by Mrs. W. Mescrve to Dr. William Cavanagb for $15,000. Right II. M. Reeves homo at 840 Hm bolt avenue. Alamo da Park, purchased by Ralph Stevens for $10,000. Below House at S05 Kast Thirty-elgbth street north, sold by W. W. McCredle to E. . IValey for $5000. or In the event of the executor being disqualified. MANY INCOMPETENT Comparatively few people realize that everybody has not the proper training or qualifications to act In these capa cities. Many problems of finance arise which are beyond the province of the average person, and heavy losses are sustained by estates as a result of same. Fortunately for the public, all of our large financial institutions are always willing to give advice on financial mat ters, and such advice is from experts trained In their respective departments. Modern business requrements have k also developed In the trust company a cor porate executor or administrator who knows no prejudice or family dlffer encesi and who has the facilities and organisation to properly function. It also overcomes the danger of the execu tor tr administrator dying, and the es tate passing into Incompetent hands, or being wasted through the executor or administrator) becoming incompetent through advancing age or sickness. Strong Movement in Irvington Property The T. R Neuhausen company re ports the following sales of recent date: Walter Reed's home In Kast Eighteenth near Knott street to J. J. Thurston, who is moving to Portland from Suver, Or. ; consideration. S8500 cash. H. M. Reeves' home In Alameda Park on Ilamblet avenue to Rolf Ste vens : consideration. $10,000. William Holden's home on Kast Eleventh street north to Robert Mcintosh ; considera tion. 17000 cash. . R. .Allen's home 6n East Twentieth street to 8. B. Tur ner; consideration, $7500. Mrs. A. Kle sendahl's home on East Broadway to 11. M. Bole for 18500. Sale of several lots in the Irvington district to parties who have already started to build is also reported. Portland Architect Secures Astoria Job Plans prepared by Newton C. Gaunt have, been selected for a new fire sta tion at Astoria. The building will be of the bungalow type and is estimated to cost approximately $8000. Contracts for its construction were awarded to Waupio & Jonte. Aberdeen Building Active. Aberdeen. Wash.. Sept. 11. Over $20. 000 worth of building permits were is sued for construction work in Aberdeen (Jurlng the month ot August., according to a report just issued by the building inspector. - s. - an ideal country home. About Z acres sklunj difa , Owner Owner compelled to seU Full .particulars may be 117 r abe: st&eet T ASSURED ALBANY Cremona Company of Portland Buys Location and Will Ex pend $25,000 on Outfit. 4?" Albany, pept. 11. Announcement was made here this week that the Cremona phonograph company of Portland hag purchased the factory building of the Albany Furniture Manufacturing company for the purpose of establishing a phono graph manufacturing p'iant here. According to L. E. Gilham, general manager of.' the Cremona company, and G. J. Eaton, who will be manager of ihe local plant, an Investment of $25,000 in new machinery will be made and from 30 to lbo men employed. Manufacture of phonographs Is to be gin here Monday, according to officials of the Cremona company. a.nd SO expert phonograph;-manufacturers will be em ployed immediately. Within a "year s time the new concern wiM be turning out 70 phonographs per day and will have a payroll of more than S 150,000 annually, Gilham stated. Work is to begin immediately on sev eral new buildings, including a concrete office building and storehouses for lum ber and hardware. A portion of - the machinery used In the furniture slant will be retained for the manufacture of phonographs and the Cremona plant at Portland will be moved here. - Business offices of the Cremona com pany will ' remain at Portland and branches will be established at Seattle. Spokane. San Francisco and Los An geles. Officers of the Albany Furniture Manufacturing company aire R E. Brls low. president : Fletcher Linn of Port land, vice president; W. A. Barrett sec retary-treasurer, and P. A. Goodwin manager. PHONOGRAPH PLAN NEW WADHAMS & KERR BUILDING r u , fi iii'if Three tory, brick and concrete rtractnre :Jnst 'completed' fwAJexander a Kerr at th aotathweat corner of j TtUrleoitth and Everett a-rcets at a .cost of $60,000. , A three story brick and concrete block covering si quarter block at the south west corner ot Thirteenth and Everett streets haa hut been completed for Alex ander H. Kerr. . Plans were 'prepared by t v$ If General 0. H.Martin Inspects Properties In Irvington Tract .Expressing surprise and gratification at the progreas made In the development of the Irvington addition during the last year. Brigadier Oeneral Charles' Ii. Martin completed 1 inspection of his prop erties in that section tf the city Friday afternoon. General Martin is a son-in-law of Ellis G. Hughes, - who platted Irvington, and has Just returned after an absence of over a year to make his home in Portland. According tip Ritter, Lowe Jk Co., who are handling the Hughes and Martin Interests in Irvington, there are now only about 150 building sites remaining' to be sold. Movement of vacant prop erty in this district has been rapid dur ing he past few months, and a large number of new residences have been built. General Charles H. Martin was for merly in command of the (1st division of the American army in France. He la now inspector general of recruiting stations and will remain here for several months. Building Is Leased As Hotel Project E. C. Dunning has leased the two up per stories of the new three story build ing at the northwest corner of Broadway and Ankeny street to G. M. Parker for a five vear neriod at a monthly rental of $560. There are (ft rooms in the two stories and they wjll be equipped for hotel purposes. The ground floor apace will be occupied as a sales agency by an automobile concern. The lease was handled by Ritter, Lowe A Co. Front Street Parcel Bought for $10,000 H. Epstein last week purchased from Henry Heura a GOxlOO-foot parcel on the south side of FYont street between Mill and Montgomery streets for a con sideration of $10,000. The ground is occupied by a one-story corrugated iron building, which will be used by the purchaser as a storehouse for hides and peltry. The deal was handled by Fred Reverman of Wakefield, Fries A Co. Dormitory Building To Be Constructed Contracts have been let for the erec tion of a dormitory building in Borth wick; street for the North Pacific Evan gelical society. Plans prepared by P. Chapell Browne call for t three story and basement building, 4$ by $6 feet in dimensions, of hollow tile construction. Estimated cost is $30,000. King Company Ballds Homes , The Dalles, Sept. 11. Twenty houses will be erected Immediately to accom modate employes of the King Dehy drating company, according to C. C. Ross, Ideal manager of the concern. Plans call for four family apartment houses equipped for light housekeeping. A 1 -4 1 --tfca 4 i - it-..' "li'ir tl-js jr - i.(4 ,j r vrr.; i 1 il It L-Jl-il It T T 1 Strong MacXaughton -and U8 cost of construction was approximately $50,000. , . Tbe two lower floors,, containing 20.000 square feet of floor space,, are occupied by . the Kdisonl . Phonograph .company. lJlflai:v REALTORS URGED TO ITCH LAWS AFFECTING TAXES f President Taylor of the National Board Stresses Importance f Studying All Legislation. In a presidential message ad dressed to hia fellow realtors through the medium of the National Real Estate Journal of Chicago, F. E. Taylor ot Portland, president of the National Association of Real Estate Boards, stresses the importance of watching all legislation affecting rentals and taxes, and promises that sill legislative bodies, including con gress,' the state legislatures and city councils, will be furnished with ac curate and detailed data showing the fairness or unfairness . of measures dealing with real property. Taylor credits the average legislator with honesty and conscience, but points out that he is so busy considering com plicated measures that are1 thrown at him one right after another, -that be seldom, has time to analyse alt meas ures carefully and that as.aonse quence, many ill-advised bills become la. SEEDS HE PRESENTATION While many commercial businesses maintain permanent legislative bureaus who make a study of all legislation re lating to their particular trades, the great Interest of real estate, which bears 70 per cent of -all taxation in this coun try, has not been represented as force fully as it should have been in legisla Uve councifs, the Portland realtor says. To work In supplement with the com mittee on national legislation, a new bu reau on research and publicity is now being organized by the National Associa tion of Real Estate Boards and Taylor predicts notable results In the campaign to secure Just and equitable laws govern ing' property and income. Following Is President Taylor's message on "National Legislation," appearing in the Chicago publication : "It is a rather curious thing that the great interest of real estate, which car ries approximately 70 per cent of the en tire tax burden of the country, has had no formal organization to appear as its representative before the various legis lative bodies that determine matters of taxation. HIGHLY OEOANIIED BUREAUS "The men engaged In nearly every other line of man's endeavor, including many businesses that might be termed subordinate or secondary, have estab lished well-equipped, highly organized legislative committees or bureaus which have' influenced legislation In some in stances very materially to the advantage o$ the Interests so represented. "The time has now come when the National Association of Real Estate Boards has grown to such stature that it can and will speak authoritatively to legislative bodies on legislation affecting real estate. I am sure no realtor would countenance a professional lobby or pre sume to voice any demands or threats. A questionable course is not necessary and we, as members of an organization founded absolutely on ethical grounds, would not resort to it even if it did seerd Imperative under a severe emergency "Therefore the senators and congress men at Washington are more than glad to consult with the members of our com mittee on national legislation, each mem ber of which Is a recognized authority on the broad subject of real estate, and the state legislators and city councllmen of the country at large will no doubt open their arms and their minds to the spokes men of the research bureau who will, from time to time, furnish information end data covering proposed legislation affecting rentals and taxes. "It was extremely gratifying to ob serve how enthusiastically the delegates to the Kansas City convention received the recommendations of the finance committee and responded with sustain ing memberships is the research and publicity division. Armed with the lib eral fund which has already been ac cumulated we have a right to expect that this division will accomplish not able results In the campaign secure Just and equitable laws governing prop erty and Income." ' .' .- i-- IX... j. n .H.ir v i i ii : t-if trT. vMir -mi witi;. rrrn f ui .Il ! 3 and the third floor by the Wad hams A Kerr company, who also occupy an ad Joining building. Lease negotiations re sulting m the erection of the building ere handled by J. Fred StAver, .realtor, STUDENTS LUNG T AT UNIVERSITY Campaign on zX Eugene : for the Benefit of University Patrons During Jhis College Year. ' University of Oregon, Eugene. Sept. 11, A campaign to list all available rooms and hoarding houses for use of University of oYegon stu dents this fall will be started Tues day with aiouse-to-house canvass of the section of Eugene nearest thai university. All accommodations thus listed will be card-indexed, and stu dents will be directed to rooms by an information staff. The university Is undertaking the task of supplying every student with housing accommodations for the coming year. Last year, the supply of rooms exceeded the number of students, and it is ex pected , that no' difficulty will . be en countered this year In accommodating the increased enrollment expected. BUSINESS M5 HELP The housing campaign is in charge ot Prefeasor H- A. Clark. 'Earnest co-operation by the business men and citizens of Eugene hat been promised the university in obtaining rooms for students. Originally Eugene business, men contemplated erecting a dormitory for men by means of a citi zens holding company, but this plan was deemed unfeasible. The Eugene Cham ber of Commerce will actively cooperate In listing available bousing facilities this year. The second unit of the women's dor mitory is not expected to be completed until after school has opened, so that temporary housing facilities for women will also be listed. TO RUSH WORK On the theory that men can accustom themselves to living conditions more easily than women, work on the new women's dormitory will be rushed, so that it may be occupied as early as possible. Fraternities and local organisations last year accommodated approximately one-half of the students, while two dor mitories furnished housing for a large shareo f the remainder. All rooms listed during the campaign to be started next week will be close to the university and easy of access, Alfalfa -and Sold Freewater, Sept 11. William Records of Umaplne has sold his 40 acre tract of alfalfa land to Edwin Morrison of Union county for a consideration of $18,000. P MOMt Of f.K.TAYLOa reastoeirror' W MATtoat aisoa ertteALesr-Tt t eSMmANPGAU TDUUCC QUARTERSSOUGH r I 1 lQ-M f"- ",-Mf ill TtXsniIrtfr1 7. i jmmJCT Rffl v r . . r a " i : mm as- mm i r m asaa mm - - j: I il v.: Jr.. 1 I V 1 Eoseburg Housing-: rii j v rt '. : . t situation serious; Renters 'Sold Out1 -toaeburg, Sept. IL The matter of bousing people in Roseburg is proving one of the most serious propositions the cits has. ever, faced. Many people who hay rented. houses .And -laid in their winter's wood and coal supply, wake up In (he morning to Iq'd that the house baa "been sold and they have to move. H E. Haslett the new county agent who recently arrived from the East says that Roseburg should build more houses and charge more rent The aver age hotise In Massachusetts rents from $36 to $46 per month, while in Roseburg they rent from $16 to $15. , The housing problem bas caused sev eral families te have to leave the city recently on- account of having no place to live. At times bidding on houses to get them was tried, but no assurance of keeping them any length of time waa given, and people are running all over the city to find living quarters. There are several new residences being built, but these will not afford any great re lief, as the house they have been occu pying has been sold, forcing them out F. L.McQuire Breaks former Sales Record Realty dealers agree that September haa started off with an unprecedented demand tor residence oropbrty. and every agency In the city Is busy mak ing transfers of dwelling houses. Frank L .McGulre reports that for the first 10 days of the month his salesmen han dled 45 deals, valued at $161,835. This volume of business is greater than that handled during any similar period In the history of the McQuire agency, according to the head of the concern. During the first 10 days of August which was the best month on record In residence sales. McOuire re ported 33 sales, valued at $107,840, and for the first 10 days of September, 1919, 2S sales valued at 7,30. Kaufman Purchases Building on Third The two-story brick building at 86 Third street was sold last week by M. Gllckman to L Kaufman for $15,000. The property haa a frontage of 48 feet on Third street and a depth of 70 feet The purchaser will occupy the building with a hat store. Contractors Want Wire Ashland. Sept 11. Contractors start lng work on the new concrete Ford garage are unable to get wire from dealers and are asking the farmers te look up used wire and sell to them. This new building will be on the flasa and when finished will be one of the hand somest garages In this part of the state. 4 7 Wv iuu s- THE BEST WAY for people of influence and ; standing to set an example for other and demonstrate faith in -their community if. to " build and own their homea. ' ' t Go up on Wettover Terrace. From it com mand in g position look over, Portland., Note the wide sweep of territory mile on mile covered with structures. The overwhelming majority are HOMES. Why not build now? Provide yourself with' a real home and help beautify your city. - No sites offer a more wonderful opportunity - than these famous -kid easily accessible terraces. .' Now is the time to build. Gist won't drop. Instead, value will increase. , In Dun' Septem ber review appears this statement t "The de mand for homes which marked the last half decade (five years) must continue over another half decade." ' There are only a limited;!: number of site on beautiful Westover. Build on one of them. Help build YOUR city.; i : ... A Ji Jarold Jungck; Secretary International Realty A$sociate, Ovoneti 1Z07 Yeon BUg. Phone Mqr. 630. Ree. . T9S9 LEGISLAIESPACE INTERS ACTIVE IW STATE CAPITOL' Industrial Accident and Highway Commissions Must Seek Quar ters Elsewhere for Their Stiffs Salem, Sept. 11. The forthcom ing legislative session haa already cast its ominous shadows before, and at least two state departments have already, begun looking for temporary quarters wherein to house their staffs during the so journ of the. 'solons. beneath the dome of the capltol building. , Secretary of State Kbser, whose doty K is to prepare for the reception of the lawmakers, has already served notice on the state Industrial accident commission and the state highway department that tha legislative committee rooms which these two departments occupy must be vacated by December 1. i In the case of the highway depart ment this vacation order cover six committee rooms en the third floor of the capltol. (Some 40 employes In the drafting, auditing and supply depart ments of the highway commission art now quartered In. these rooms. Three rooms immediately back of the senate chamber are occupied by the statement and computing departments of the state industrial accident commission, and these, too, must be vacated In ample time to make way for the coming of the legislators. With office buildings In 8alem fairly well filled the solution of the bousing problem presented by the order to va cate these quarters Is by no means easy of solution. Machinery baa been Invented for re moving the pulp from unmarketable citrus fruit so that it can be utilised for many purposes. 4 DO NT WAIT FOR YOUR SHIP TO COME IN SET SAIL TO MEET IT ; Don't wait till your "Rich Uncle" dies before you remodel that ZO-y ear old bathroom. The cost of a new set of fixtures, snow white, modern, man ltary, easy to clean and keep clean, after all. Is not so great We'll help you finance it. too, with our trade acceptance pian. ALASKA PLUMBING & HEATING CO. 418 E. MOKBISOK. KAST 8$U. Mr Portland i Best View HomcKtes .J
