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Bernard Baron Invests Half Million Dollars in Palestine Electric Plant

(Jewish Telegraphic Agency)

Bernard Baron, well known Anglo-Jewish philanthropist, has purchased shares in the Palestine Electric Corporation, which is a part of the Ruttenberg electrification and irrigation plan for Palestine, according to an official announcement of the Zionist Organization here.

The shares purchased by Mr. Baron amount to £100,000. Mr. Baron is the largest individual shareholder in the Palestine Electric Corporation. He recently donated $125,000 to the Keren Hayesod.