Salt Lake Telegram | 1929-08-11 | Page 29 | Cooperative Ownership of Homes Urged

t I oS o- o R RHOM S HOM f Half Hal Million Dollars Dollars' It i yet vested d in Proper rop Swayne Say f Moro than half billion i In invested d in coOperative cooperative e F homes Mn In this count country ith J t fl a amount Increasing d doily n ae 41 it i to tle nai Association Of f R JeI boards Many l of t f th the the- art tn ments sold I In this way 11 have bOs r resold s Jd by private parties af a goo prof profit t. t to the original o owne owners owners i thaI j board Sll says 5 S SS S Cp Cooperative pe Uve apartments are tamed ln rt It in n. n buildings big nA that have havo be been sold old o n. n t lr C P pants who pay ay fo for their Bp lt l much uch the same way aa as as' as t they t pay for a 3 single family house TM uP upkeep p of ot the structure turc Is JI divided C a apartments fn In the form ot of monti ly Iy f t PROVIDE E. E BETTER HOM HOMES f j The quotes Ubert Swane of Chicago o. o president ot Chica Chicago o ne thi oni subject The Tito ln lived Jn-ce Jn y ope operative apartments h he Hi P Probably bably for pro protection anil ro roa a ly Ito to from being bengl il t Today Toda people are are ro ag agahi In cop o apartments for toft oma Insen cases b cas th their Ir don't dont o Jt s Ii S s. s S. S S 4 We W rw 11 II organized cooperate opera apartment projects pro b biM tte homes at the same price And nd times time's at at ata a a. lower rat e tb than n buyers w xu uld have hae if t f 6 pY sl same ni ft r Jn in rent Th lh opt oper to tor toi or or r b builder er p planning annl J Jo o u a n. c cooperative lop rat ve enterprise M the O be best location tIon 1 a a. this be e ehe ho he J n nov a th tJ must t sell seji his apartments apar to tope pe pk jk J up with ta- ta a y mor Ing lag thie were Cre re renU Similarly Iy he tJ his buM bULK Ings with the tha thought th In Its Q occupants pints will HI b be perman guests who TYant ant aDf i better tt r r equipment and as 1 b th y n he might t ii accept ept as Venters t tW W BUYERS I 1 i But Mn Mr Swayne oi tivo b buyers s ot t cooperative p nl to Investigate Investigate- In thoroughly bt I tor li foro-li fore oer JI points out the thol anco the right legal forms Jn If pr of ot In a sound These forms that In include ludo tp pet nt lease the tho stock certified hI a by laws and other A ts tuto the ownership under 0 U It is' is through papers i Is possible to isell parts of ofa Ing lag t to a n number of people Th Tb This is nothing complicated or in nd nite about if Jf pro dra drawn b bu but ut j Just st as as thawS thawS' s' s t n t ha have vo zed ato hoi o oso so so o flaws In in the tho coo er Uve 1 d JeopardIze r the I a n cooperative 4 Tho The legal forms forms' now how us d t rii m many riy liy o of ot the c cooperative ope U 8 apar apart p in n t this ls count country and 4 ma many majy y op operators in I o other her p paris w. w the world were prepared d bya byn ya of ot ChIcago o cooperative I experts P eluding Mr fr S Swayne ayn re These Ee s o dard forms that have by byn a committee o of leading e at uey from rn m all parts part o of the n Stat States s represent an ln investment t tm ti moro more than oh on n th the part parti L th the op ra who c expended expended-at e d d if this sum Jr Inthe tI time c 4 and d monr In Jn ur p tho o soundness of oC the their p