Bulletin 1976 V7-4

Disciplinary Action

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RICHARD MICHAEL LEONARD, Raleigh - Broker's License No. 32510 suspended for ninety (90) days for violation of G.S. 93A-6 (a) (15) and Rules .0105 and .0103 of the Rules and Regulations of the Board (placing numerous "blind ads" in a newspaper, showing only a telephone number and foiling to notify Board of change of residence and business addresses).

PAUL J. LAWRENCE, Fayetteville--Broker's License No. 6767 suspended for one hundred 2ighty (180) days for violation of G.S. 93A-6(a)(8) (purporting to sell a lot when he did not own the lot or hove any authority to enter into a contract for its sale).

WILBERT W. EDGERTON, Fayetteville - Broker's License No. 20506 revoked for violating G.S. 93A-6(a)(7) (Foiling, within a reasonable time, to account for or to remit monies coming into his possession which belonged to others) and G.S. 93A-6(o) (12) (failing to deposit in an escrow or trust account rent monies received for his principal).

REGINALD J. HENDERSON, Greensboro - Broker's License No. 20699 revoked for violating G.S. 93A-6(a) (revocation based on conviction in superior court for embezzlement).

JOHN WAYNE WILLIAMS, Fayetteville - Broker's License No. 34771 revoked for violation of G.S. 93A-6(a)(7) and (10) (failing to remit the proceeds from the sale of real estate after receiving proceeds of sale), and G.S. 93A-6 (o)(8) (being unworthy to act as a real estate broker).

CLARK H. CALLAHAN, Vass--Broker's License No. 24592, reprimanded for violation of G.S. 93A-6(a)(9) (paying valuable consideration to unlicensed persons for acts or services in violation of this chapter).

JUDITH ANN SHIPMAN, Asheville - Salesman's License No. 28184 revoked for violation of G.S. 93A6(a)(12) (failure to deposit money received by her in an escrow account while acting as a real estate salesman) and G.S. 93A-6(a)(8) (being unworthy to act as a real estate salesman by operating without the supervision of a real estate broker).