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Real estate record and builders' guide: [v. 100, no. 2588: Articles]: October 20, 1917

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REAL ESTATE AND (Copyright, 1917, by The Record and Guide Co.) NEW YORK, OCTOBER 20, 1917 REAL ESTATE BOARD HOLDS ANNUAL ELECTION Laurence McGuire President; Thomas ALFRED V. AMY. THE annual meeting of the Real Estate Board of New York for the election of governors, both in the active and active-associate classes, was held last Tuesday at the 3oard Rooms, 217 Broadway. The active governors elected were Stephen H. Tyng, Jr., V^alter C. Wyckoff and Mark Rafalsky. The three gover¬ nors whose terms expired are Edward C. Cammann, William L. DeBost and Charles F. Noyes; the six continuing active governors being Laurence Mc¬ Guire, Alfred V. Amy, Eugene J. Busher, Charles A. Cone, Thomas P. Graham and Thomas Hovenden. In the active-associate class of gov¬ ernors, the six members elected early in the year when the arrangements were first made for electing active-as¬ sociate governors were reelected. They are Richard C. Babbage, Francis S. Bangs, Leo S. Bing, Robert E. Dowling, Michael Friedsam and Franklin Pettit. After the members'meeting the Board of Governors organized and elected the following officers: Laurence McGuire, president; Stephen H. Tyng, Jr., vice- president ; Thomas P. Graham, secre¬ tary, and Alfred V. Amy, treasurer. Mr. McGuire and Mr. Amy were re-elected. This is Mr. McGuire's fifth term as presi¬ dent of the Board. The following com¬ mittees were also elected: Nominating Committee: David A. Reelected President; Stephen H. Tyng, Jr., Vice- P. Graham, Secretary, and Alfred V. Amy, Treasurer Clarkson. William L. DeBost, Alexander D. Duff, Frederick D. Kalley and Irving Ruland. Auditing Committee: Edgar A. Man¬ ning, Robert R. Rainey and Edwin E. Zittel. At the meeting yesterday resolutions were adopted urging upon the members of the Board the fullest possible sup¬ port of the Second Liberty Loan. Reso¬ lutions of condolence were also adopted on the death of Henry W. Polhemus, a member of the Board and connected with the New York Evening Post for more than fifty years. Following are excerpts from the an¬ nual report of the Board of Governors, which cover some of the activities of the organization for the fiscal year end¬ ing September 30, 1917: *Tn summarizing the year's work it is impossible to avoid reference to the march of events, which, in the spring of this year, ranged this country on the THOMAS P. GRAHAM. LAURENCE McGUIRE. side of those European governments en¬ gaged in the great conflict for the pro¬ tection and perpetuation of democratic ideals. "The economic changes created by this espousal of the cause of democracy, in the highest sense, have already been profound and must go deeper. That these changes have affected business conditions is perfectly well understood. Real estate has not been one of the beneficiaries of these changed condi¬ tions, and may feel still more acutely the economic pressure as the war pro¬ gresses. "Nevertheless, it is with satisfaction that your Board of Governors reverts to the patriotic outburst that character¬ ized the annual banquet on February 3, 1917 (the date of the breaking of diplo¬ matic relations with Germany) when the prearranged program gave place to a spontaneous demonstration of loyalty to the President, expressed in a tele¬ gram officially conveying the loyalty of the Real Estate Board, representing the real estate sentiment of New York City; and again, to this resolution adopted by your Board of Governors following the declaration that a state of war existed: STEPHEN H. TYNG, JR. WHEREAS, President Woodrow Wilson has advised the Congress that a state of war exists between the Imperial German Gov¬ ernment and the United States of America, this condition having been forced upon our Government by the action of the Imperial Government, and WHEREAS, The Congress has in response to this message declared that a state of war exists and has authorized the President to prosecute the war with all the powers and resources at the command of the United States, RESOLVED, That the Real Estate Board of New York, approve, and it does hereby approve the course taken by the President and the Congress. RESOLVED FURTHER, That the Real Estate Board of New York, fully appre¬ ciating the gravity of the situation and the responsibility it entails, pledges its un¬ qualified support to the Government, fully believing that whatever sacrifice the Real Estate Board or its members may be called upon to make will be made as a willing sacrifice in a determining struggle to main¬ tain democratic government against the ruthless aggression of autocracy. "In other ways, in so far as it was able, the Real Estate Board has striven, with the cooperation of its members, to give tangible, practical expression to its patriotism and that of the element rep¬ resenting real estate in this city—by providing an ambulance for the Red Cross service at the French front; con¬ ducting a recruiting campaign which added 329 recruits to the National Guard; through Liberty Loan contribu¬ tions; in the State industrial canvass; and in the food planting campaign. RICHARD 0. CHITTICK. RGCORD AND GUIDB IS IN ITS FIFTIETH YEAR OF CONTINUOUS PUBLICATION.