The insurance department of the State of New York, yesterday granted permission to the Judea Life Insurance Company, a subsidiary of the Judea Industrial Corporation, to increase its capital stock of $1,000,000 the company announced. The capital stock previously authorized was in the amount of $150,000.
The home office of the Judea Life made public yesterday the election of the following new directors: Maurice Gusman, president of the Merchants Trust and Savings Bank of Cleveland. O; Irving Rosenzweig, vice-president of the International Union Bank of New York; Dr. Julius M. Rosenthal of Monticello. N. Y.; Jacob Alson, president of the Equitable Merchants Association of New York; Louis Rosenzweig, president of L. Rosenzweig & Son. New York; Max Fanwick, president of the O. K. Dress Company of New York; Henry I. Lebowitz, president of the Mart, Paterson, N. J., and Harry B. Rosen of Rosen Brothers, New York.