Disciplinary Action

The Real Estate Licensing Board revoked the brokers license of BOBBY R. ROBERTS of Durham because of his conviction in U. S. District Court of the felony of misapplying the funds of a federally insured savings and loan association, and because of his conviction in the Superior Court of Orange County of the felony of obtaining money through false pretenses in a real estate transaction.

The Licensing Board revoked the broker's license of RICHARD I. CALVERT of Gastonia because of his conviction in the Superior Court of Gaston County of three counts of embezzlement.

The Licensing Board by Consent Order revoked the broker's license of PERRY E. McCOTTER, JR., of Pamlico County for various violations of the real estate license law.

The Licensing Board suspended the broker's license of EUDORA (LEE) THOMPSON of Greensboro for two years for arranging to receive commissions from both buyer and seller in a transaction without disclosure to either, and for endorsing her former employing broker's name on a commission check payable to both parties without the knowledge or consent of such broker.

The Licensing Board suspended the broker's license of JOANNE P. SLEDGE of Wilmington for thirty days for violating the Board's trust account regulations and for issuing checks on her trust account before checks deposited into said account cleared, thus causing three overdrafts. The over-

drafts were subsequently corrected. The Board also ordered Sledge to submit to instruction by the Board's Trust Account Auditor.

The Licensing Board suspended the broker's license of LONNIE D. HALL of Spring Lake for thirty days for failing to collect an earnest money deposit and preparing a closing statement reflecting that it had been collected. Hall did not have a bookkeeping system adequate to detect the deficit. The Board also ordered Hall and his bookkeeper to submit to instruction by the Board's Trust Account Auditor.

The Licensing Board reprimanded broker BOBBY J. PRESSLEY of Charlotte for making improper sexual advances to a prospective home buyer without her consent.