Reorganization of the Judea Industrial Corporation, which is a holding company of the Judea Insurance Company, which is also to be reorganized, is in the process of being carried out, the Jewish Telegraphic Agency reports. A new board of directors was elected at the general meeting of stockholders.
Julius Lonscheim, textile industrialist, was elected president, succeeding Judge Jacob S. Strahl, while Isaac Zaar has been chosen secretary, succeeding Jacob Ish-Kishor. Benjamin S. Levis was named vice-president. The Board of Directors also includes Irvin Rosenzweig, Isidor Wenglinsky, Judge Strahl, Jacob Ish-Kishor, Leopold Kehlman, Morris Gerst and Charles Stein.
The new board intends to make available for the corporation, which represents the only large Jewish undertaking of a definite Zionist character, all available Jewish talent.