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Hadar Hacarmel Society, Ltd. is to Be Liquidated

March 4, 1928
See Original Daily Bulletin From This Date
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(J. T. A. Mail Service)

The District Court has given judgment under which the Hadar Hacarmel Cooperative Society, Limited, is to be liquidated. It was established in court that the company’s liabilities amount to £ 16,000 and its assets amount only to £ 1,000.

The court has appointed Mr. Shirley Dale as liquidator, instructing him, however, not to sell anything belonging to the company before the company’s appeal is lodged.

A victory dinner was held in Perth Amboy, N. J. Wednesday evening, in celebration of the completion of the $200,000 fund for the amortization of the mortgage on the community center erected three years ago. The mortgage was burned at the dinner. Several hundred attended the celebration.

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