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Show ai fdriali, Urdjr Univerulty of Utah Palt Lake City, Utah 84112 WESTERN AMERICANA Bm e VOLUME 16; NUMBER 164 New York to Try Malpractice Suit Mediation Plan - A plan NEW YORK (ACCN) medical malpractice suits whereby will be submitted to a mediation panel in an attempt to reach a voluntary settlement without need for trial will be tried here, beginning next month, in an attempt to reduce calendar congestion. Under the plan, each case against a hospital or physician will be heard by a panel consisting of a Supreme Court justice, a lawyer and a physician, informally, without a stenographic record. It is the first such plan in the country, according to Presiding Justice Harold A. Stevens, of the Appellate Division of the Supreme Court. The purpose of the panels will be to bring about amicable disposition of cases so as to avoid the need for lengthy trials, especially on highly technical medical matters, Justice Stevens declared. Justice Stevens emphasized the voluntary nature of the dispositions. To agreement, encourage statements made during the panel hearings will not be admissible at any subsequent trial, it was said. None of the members of the panels, including the judge who presides, will be eligible to act as judge, witness, counsel or otherwise" SALT LAKE CITY, UTAH WEDNESDAY. AUGUST 25. 1971 Value Jumps Too Housing Starts Higher This Year; City Tops County In Apartments Daniel K. Cunningham Daily Record Columnist Housing starts arc much higher this year in both Salt Lake City and unincorporated Salt Lake By County. Within the city limits, housing starts for the first seven months of this year have almost d o u bled from a year ago. Two trends are The apparent. city is building far more Near 9th East and 3rd South. National Realty Counselor over-the-count- er mid-Septemb- action' -- - Asked Mem- (he exchanges bership Qualification Committee, which has been studying institutional membership, to make its mommendations in light of the Martin report. -- Assigned the exchange staff the task of studying the feasibility of a consolidated sstcm communications give transall markets on a single display. The staff's findings are expected to be ready by Sept. 16. Dcnunzio and Exchange President Robert W. ilaack said the exchange has been at work in other areas covered in the Marlin report in- actions which would in cluding the requirements. area of capital NAREB Pledges Group List Published Support for Puerto Rico, and Canada. Individual WASHINGTON (ACCN) - The contain the members name, Nixons listings American Society of Real Estate Programaddress, telephone number, and NEW YORK (UPI) recommended a central market system incorporating various exchanges and the market. The Stock Exchange Board also called for an industry-wid- e meeting to discuss this suggestion. Ralph D. Denun zio, chairman of the board, said he hoped the meeting could be held by The action taken at the board of directors meeting "was in line with the exchange's previous position to proceed with deliberate speed to reach appropriate decisions with respect to Mr. Martin's recommendations," Dcnunzio said. The board also took the following last than year and much k u ewer single-fam- ily homes. In Salt Lake Mr. Cunningham County the number of single-famil- y homes is only up slightly from last year. But the estimated value of the new construction is a whopping 43 percent higher. d inflation in The the housing industry plus the dehomes mand for seem to be the reason for the increase. This year only 43 single-famil- y homes have been started in the city; while last year the total was 183 when several subdivisions were started for Federal Housing Administration 235 homes. In these low-cohomes, the federal government participates in paying off some of the mortgage interest. But the big change in Salt Lake City is apartment construction. The first seven months of lat year the y city built only 248 units in dwellings, fewer than in the county. The number has jumped to 768 so far this year, almost a hundred units more than in Salt Lake County, a much bigger area geographically. The first seven months of last year there were few large projects launched in Salt Lake City. This year is different. Bonneville-on-the-Hiit is an ambitious com2 Foothill Drive plex at that will cost $1.7 million. Some 108 units are completed or under construction at Victoria House Square on the 700 block of 3rd East. And last month a $500,000 apartment complex was announced for 1599 Foothill Drive; a $293,000 project will be built at 587 Elizabeth Street and Governor's Square at 424 N. Center Street will build a $210,000 apartment facility. Total value of Salt Lake City housing starts so far this year is $74 million, compared with just under $4 million in the same period of 1970. In unincorporated Salt Lake County permits for 1,400 homes have been filed and their building value is $26,665,552. To the same date last year there were 1,308 homes started worth $19,769,398. Multi-unconstruction in the county so far in 71 totals 676 family units for $8,896,547. Last year the totals were 362 and $5,077,968. Thus, total housing starts in the county this year are 2,076 for compared with 1,670 and $24,847,366 a year ago to date. The first seven months of 1970 the largest housing construction projects in Salt Lake County included 124 units for Hidden Lakes for Apartments; three Bohen Construction Co. at 3873 S. 3rd East and expansion at Three Fountains. In 1971 Three Fountains continues to grow as 28 more units will be built at the successful condominium community near I960 S. 9th East. The other big builder in the county this year is Gordon Christensen, who is erecting 69 units in three buildings at 3349, 3353 and 3363 S. 13th East. There are other important apartment and condominium projects in ' the county but Lav either before or after the periods of this study and will be included in later comparisons. st Tree Frame These New Apartments Wall Street Plans Revamp Of Exchange - board California directors the William McChesney Martin for reorganizing the exchange. Martin, former chairman of the Federal Reserve Board, had apart- ments more-expensi- which complete figures are such suits were Counselors has available. Fifty-fou- r just released its 1971 the filed previous year. of members identifying directory experts who provide independent advice on all real estate matters, John P. Dolman, CRE (Counselor, Real Estate), Philadelphia, president, has announced. The directory contains listings for the Societys 378 members in 40 states, the District of Columbia, The of of New York Stock Exchange has directed the board chairman to set up a task force to of consider recommendations J& much-publicizc- thereafter in the case, under the plan. Cases in which no settlement is reached will be sent to court for normal processing, it was said. Fifty-nin- e malpractice cases were filed in Manhattan during the year ended June 30, 1970, the last year for F Election Law Upheld by Court SAN FRANCISCO (ACCN) - A California statute which requires a more detailed disclosure by tributors to ballot proposition campaigns than to individuals political campaigns has been upheld by the State Supreme Court here. The suit was brought by California Secretary of State Edmund G. Brown, Jr., against three oil companies, two unincorporated trade associations and three individuals, who declined to identify themselves as contributors to a campaign opposing a proposition on the ballot in last November's election. The proposition, which . aid have permitted diversion of a portion of Californias gasoline tax, now reserved for highway construction and maintenance, to programs to combat smog and build rapid transit, was defeated. California Chief Justice Donald R. Wright, who wrote the high court's opinion, said that the statutory counseling specialty. ASREC, an affiliate of the National Association of Real Estate Boards, was founded in 1953 to meet the public need for disinterested guidance and to establish a code of professional ethics for Realtors whose broad knowledge and experience qualify them to advise on a fee, retainer, or per diem basis owners, individual and corporate users and developers of real property, and government agencies on all types of real estate questions and problems. To qualify for membership in the Society, an individual must have a wide background of varied real estate experience and knowledge. He must have demonstrated integrity, and his personal character and business reputation must be above reproach. The new directory containing both an alphabetical and geographical listing of members, a list of national officers and committee members, and facts about the 73-pa- ge Society, is available from the American Society of Real Estate Counselors, 155 E. Superior St., Chicago 60611. Equal Time1 Ordered For Ecology Groups - WASHINGTON (UPI) The U.S. Court of Appeals has ruled that the Federal Communications Com- mission erred when it said television commercials for automobiles and leaded gasolines are not controversial issues requiring opposing messages. distinction between contribution to By a 1 vote, the Court remanded ballot proposition campaigns and to the FCC for further consideration individuals campaigns was justified its ruling of Aug. 10, 1970, that New York City, did not because individual candidates WNBC-Tpersonalities can be a factor in have to make free time available to swaying voters, while propositions Friends of the Earth for antiare devoid of personality. Voters are pollution spots in response to gas more likely to rely on supporters of and auto commercials. The FCC had said that WNBC-Tpropositions than of individuals, and had carried a number of programs to have a need therefore greater know who is backing the opposing on environmental problems. But the sides of propositions, he said. ecology group appealed. anti-polluti- 2-- V V multi-famil- - - The WASHINGTON (ACCN) National Association of Real Estate Boards supports President Nixon's "bold and dramatic program to curb inflation and preserve the integrity of the American economy, Realtor Bill N. Brown, Albuquerque, president of the Association, declared Thursday. While real estate remains the best hedge against inflation, we trust that these temporary measures will, in the long run, serve to protect the American home owner and real estate investor, he added. The Association and the 500,000 men and women it represents will do everything in their power to make the Administrations program effective, Brown said. emergency "The Association recognizes that of the Adthe implementation ministration's program will pose complex problems of policy, procedure, and enforcement. To aid in the resolution of those problems affecting the rental, sale, and other real estate activity, I am appointing a special committee of NAREB on economic stabilization to consult with the Cost of Living Council and of Office the Emergency Preparedness. "In addition I will appoint, within a week, a special Realtor task force to consult with each of the regional offices of the Office of Emergency Preparedness on the disposition of matters relating to, or affecting, real estate. Further, I am urging all of the 1,600 member boards of Realtors of the National Association to support the President's efforts. "As president of the National Association of Real Estate Boards, I am confident that the real estate business, working with government and other segments of American business and labor, can do much to cure the economic ills that beset us and speed the recovery of our free economy. ll 126-un- 1156-118- it $35,-562,09- 9, |
