REAL ESTATE.

New Zealand Herald, Volume LXVII, Issue 20560, 10 May 1930, Page 15

REAL ESTATE.

AUCKLAND INSTITUTE. A reduction in membership from 165 to 154 is noted in the annual report of the Real Estate Institute, of Auckland. The executive considers the decrease is in no sense due to a lessening; of interest in the institute, but is meiely a temporary* feature duo to the quiet state of business during the past year. Several of the institute's original members had retired from business. The finances were described as being in a healthy condition There was a surplus of £7O, bringing the accumulated fund to £2610. In addition, the benevolence fund stood at £634. "All town applications for licences have been carefully considered, and reports for warded for consideration by the magistrates," adds the report. "In this connection the functions of the executive have been extended, as most of the country Courts now submit applications to tho executive for report As a result of j action by the institute, several agents have been fined for carrying on business with out being in possession of licences, and oiip agent l had his licence cancelled." The executive has nominated Mr. T. Mrlndne to be presirlpnt for the ensuing year, and Messrs. S E Bennett and FT G. C. Ernest to be vice-presidents. The retiring president is Mr W. J. Potter.