APRIL, 1928 U J \U.:\~! Me .. !.,T· .. Ol\H
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'APRIL, 1928 No. 4 u J \U.:\~! me ..~!.,t· ..Ol\H'T~ .,.' ~ -· ').,'\\\Jt,:'),:lt.:'1ol.'.'•.,.•t,.°") ~\.\ . \ .... r:' _,.'-~!'::~~~! ..;\· ."'".\~.:\\~I~~!.:\\\ t:ii ;'\\1~ ~:\:'\H~ ~\i~.,•u :"l~~;,3~'. :"_'t: rt\~· .J ~ ~~-~~ft:M\6'";'.f"H ~ .... ._::.(\\)'~'\ ...."I'. ..,\~='•'\\ \•'\~.:", .. ',."\\\~~(\~rt .:1""."\.;'.!":(· ~.. "\\\\:,\.-~ ~~fteh\\-o\ !!I ..... ,,·, ~~·'"-'~..... ~\\'! h: ....: ~=-.;-· ... :~t"'. ... ·.:1° .."~ ~ .. m,, ~ .. .,;'\\\ rri\~.. ;~, \· .:;m:-~\~'.. ' ::-\~; .. ,... \m\.\.,, '"'~"m'""''"~ .'r.:-++'. .:,-\,·.'.\::'.:0..1.' . ,n~/ .. :\l) ~, , -0-i~=~.r.:i\t'~-q'thr.::.~~~~",!l\":\'~ :\u}~"~":.~~ ....·" . :.. -¥~,t~~h'~·k"1..CONTENTS ' :~\~'"'""'"'"_..,-,,, ...,.·1.'\'"'".;,,,""' "C"'C"' \ ':-,. \"'' ·u· -_ · _, , .._.~.'tun 1 f:"r'\,'\h•n .. " \.:"•l'h;:ttt1',1•11\h.:in "'""~h1\1ri',.'\11.,.V•'':C':qt \~~\'. ..hh~!''-~':..~11:. ;'.t:,:1'-";.,"\\~ .:\H~ ~ EDITOR'S PAGE ·---·------··-····--............ Page 3 j rt,'hf m.:"\\I ft\ ....:- ..- ..,,~ "THE TITLE BUSINESS AS AF FECTED BY GROWTH AND PROGRESS," by Stuart O'Mel- veny .................................................... Page 5 "LOOK AT OUR OWN PICTURE," By Richard B. HalL. ....................... Page 7 l~;-: .., \::;\\~:~~: '~ , ;'t.S~=2~ .,._·, ~: ALA SKA-A CONVENTION SIDE- !~;\\~~\'"'~I :",.1 TRIP-Map on page 11.. ................ Page 10 ... \f" ::~1, \.?n .. :vlt "SHOP TALK," by C. B. Conrad ........ Page 12 ·:·th.?.. •-.;th:'\\,(.' I'·'''', "SEATTLE," by Christy Thomas...... Page 14 ~: •• l\ RAINIER NATIONAL PARK. ........... Page 16 MT. BAKER NATIONAL FOREST.... Page 20 \.' ..'\\ ;;"":' m.;: IMPORTANT FEDERAL LIEN RUL- ING .................................................. Page 1 7 (.,,~.· TIMELY COMMENTS ON AB STRACT WORK AND PRICES.... Page 21 LAW QUESTIONS AND AN- SWERS ............................................ Page 18 ,, .., ... --~..,·~-~.--.~~-.. ,:---:---~. mi... '" ,, .. •: ... ::'.rt~ .. ~. =".: ... m• ., , ~' '~".'~ ..'\~ ...'·v~~·"\ .... : ...· .. \\\\\1 .. n .. ,,,,,:.,...., '?9he'?9itle's the'<9hing and the closing of every real estate transaction is dependent upon the evidencing and acceptance of the title. What is more exasperating than, when you find a purchas~r, to have the deal "fall through" because the title cannot be approved! 1 Wise Realtors safeguard themselves and their clients and elim inate the gamble of final closing, by recommending and using TJIRJE INSURANCE It gives absolute protection against attack, or loss from defects or any title matter whatever, and eliminates future questions, delays and troubles that could be based upon title questions or differences of opinion. Consult your local title company about .i the advantages of TITLE INSURANCE. '· TITLE INSURANCE SECTION 'fhe E!Jnerican Title (!ssociation TITLE & TRUST BUILDING KANSAS CITY, MISSOURI a-he Insured <Jitle Is 'Jhe marketable f/i1le The above is nnot.her or a series or advcrtise:rnents ~in1t presented by thr Title Insurance Section and appearing in certain Nntional trade"publicationa TITLE NEWS 1 COMBINE business with pleasure loSlATIU ·· Wonderful program, great enter tainment, the hospitality of the Pacific Northwest all will make a perfect convention atmosphere and setting. Attending the convention of your trade association is a business necessity and venture of profitable returns. Our meeting this year affords the greatest opportunity possible for a combination business_and vacation~ trip. The Time and Place are Perfect! IG\NfllLEASSOCikilO~ CONVENTION SEATTLE .. r June 46~.27...-28 FJllQ 29 2 TITLE NEWS Special Train to the • Convention Canadian Pacific Route, via Banff, Lake Louise, Vancouver The official route and tour to Seattle. It will be a wonder ful trip and journey SCHEDULE: TUESDAY, JUNE 19th. Leave Chicago, 6:30 p. m. THE WEDNESDAY, JUNE 20th CROWD Arrive St. P aul, 8:00 a . m. Sight seeing, leave St. Paul 12 :00 noon. This gives you the wonderful scenery of the Canadian FRIDAY, JUNE 22nd Arrive Banff, 7:00 a . m. Motor car to Rockies, first stopover at Banff; motor trip Banff to Lake Louise, arriving there 3:30 p. m. Lake Louise; boat trip Vancouver to Seattle. and spending night. SATURDAY, JUNE 23rd Leave Lake Louise 7 :00 a. m. Parties from all points East and Southeast take train SUNDAY, JUNE 24th at Chicago; those from the Southwest via Kansas City Arrive Vancouver 8:00 a. m. 10:30 a. m.-Princess Steamer. and West via St. Paul, willjoin Special Train at St. Paul. Seattle 8:30 p. m. Make Your Reservations Immediately - - ~ Write to E. H. LINDOW, Chairman, Transportation Committee, Union Trust Building, Detroit, Michigan Give information as to number and names of party and sleeping car accommodations required . • ~ ~ TITLE NEWS Issued Monthly by and as the Official Publication of The American Title Association PubliaheTs, Kable BTothers Compan11, 404 N. Wealq Ave., Mount Moma, JU. Price, $1.00 per 11eaT. I Edit01'-R~ha,.d B. HaU, Midland Building, Kansas Cit11, Mo. ~.tl, Publiahed monthl11 at Mount Moma. IUinoia; Editorial ofji.ce, Kansas Citl/, Mo. Entered as aecond class matter, D•c•mber l'.!Tl~ under the Act of March I, 18111. ~~ ~l!i!f~ 15, 1911, at the post ofji.ce at Mount Morris, Illinois, ~~~ Vol. 7 APRIL, 1928 No. 4 •======================================================================================================== Editor's Page T sure enough won't be long now. HERE was an unavoidable delay in Your attention is called to the an I The convention will soon be here. T getting the Directory number out nouncement on page 4. If you want In the pages of this issue you will find this month so it will appear as the May extra copies for distribution to your many announcements about the event. issue. local loan, real estate companies, at The principal thing is, have you made torneys, etc., send in your request im up your mind to go? Do it, because mediately. making a decision to attend is the first There are going to be several who step in getting there. will be disappointed because their This occasion affords an opportunity Send in that name did not appear but the reason that does not present itself every day was-they did not respond in time to -that of a business trip which takes the notices sent them for 1928 dues. you to the Pacific Coast. You are hotel reservation carried through the wonderlands of the HE complete program of the Seattle West, can visit so many places, and the NOW! T Convention will appear in the June transportation cost is very low. issue. Attending the meetings of the Amer The one offered this year has been ican Title Association is purely a mat particularly prepared to be most bene ter of business-a necessity and ven ficial and prove as thoroughly prac ture that can only bring great returns tical as possible. There will be more and profits. and shorter presentations and lots of chance for discussion. OUR particular attention to two things is absolutely necessary. Y BOUT the articles in this issue: The first is: that you make your hotel Stuart O'Melveny has prepared reservations NOW. Every member has A very interesting in his story been mailed a blank and convention something how progress carries the title busi announcement. Designate the accom of with it. The author needs no in modations desired and return immedi ness despite the fact that he ately to J. W. Woodford, Chairman of troduction association affairs only a little Reservation Committee, 201 Home entered two years ago. He is Executive Savings Bank Bldg., Seattle. over of the Title Insurance The second is, that everyone who is Vice President Co., Los Angeles, President of going to the meeting on the special & Trust Title Association, and train, via Canadian Pacific, send in the California of the Title Insurance their reservations immediately to E. or Vice Chairman the national. H. Lindow, Chairman Transportation Section of Committee, Union Trust Bldg., Detroit. The article by the Executive Sec a series announced Do it Now! retary is the first of last month. URING the month everyone who C. B. Conrad is one of the leading D· had not already pledged to the and representative abstracters of Illi sustaining fund was given an oppor- nois. He has been active in the state • tunity of doing so. The cards were association and is held in high esteem. even filled out with a suggested amount This article is a print of a paper given and a stamped envelope enclosed for at the last Illinois state convention. _ . return. Despite the fact that all any He is manager of the DeKalb County one had to do was to just sign it and Abstract Co., Sycamore. mail, several have not as yet sent them in. In fact and to be real honest, too Yon might not be able to have ND last but not least, you are again many have not yet sent them in. comfortable accommodations A reminded to send in that Sustain Do it Now! ing Fund pledge card. 4 TITLE NEWS No Matter Where You Live the 1928 Convention is accessible and Seattle close to you. Do not think of it as being "too far away." A place is only as distant as time and expense measure. Time warrants no consideration, no matter where you reside, because it takes only a few days from the farthest point away and the hours of travel are comfortably enjoyed as you are carried through the wonderland. The Summer Tourist Fares eliminate dis tance when you figure the transportation cost. Do You Want Extra Copies of the Directory? The next number of TITLE NEWS, the May issue, will be the Annual Directory. Extra copies for distribution and use will be furnished to those who request them, but only enough will be printed to supply the de mand. It will be necessary to know in advance just how many are wanted. Requests for quan tities must therefore reach the Executive Sec r~tary's office not later than May I. Send in your request immediately and state quantity desired. .-- TITLE NEWS 5 The Title Business as Affected by Growth and Progress By Stuart O'Melveny, Los Angeles, Calif. It has been intimated to me that, be 511,000 as of June 30, 1926. Large ists today is an extremely technical cause I threw in my lot with title men sums of money have also come into one.