The Hebrew Free Loan Association, at its quarterly meeting, elected Judge Harry B. Keidan, Nathan Simons and Assistant District Attorney George M. Stutz members of the board of directors.
In spite of the increasing difficulty of obtaining endorsers, the Hebrew Free Loan has loaned out over $70,000 during the first six months of this year, the report to the board showed. While this is $5,000 less than the corresponding time last year, the number of loans made is approximately the same.
Many people this year have looked to the Hebrew Free Loan to preserve their homes by borrowing money for taxes, during the past month, while quite a number of unemployed tradesmen have borrowed varying amounts to set themselves up in small businesses.
The Abram Katkisky Fund of $8,500 has been very active, having loaned out $6,000 of that amount. This is a separate fund, maintained in honor of its donor, Abram Katkisky, and loaning sums up to $500. Through this fund, responsible parties are enabled to start business ventures of a much more substantial nature than would be possible by borrowing from the association proper. All future donations and bequests of $5,000 or more are to be set up as separate entities, to perpetuate the name of the donor.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
