London (Jul. 18)
The concession granted by the Palestine government to Moses Novomeysky and his associates to exploit the potash and other mineral deposits of the Dead Sea in Palestine was completely upheld here today when the judges of the Kings Bench dismissed a suit calling for the vacating of Novomeysky’s concession.
The plaintiff’s allegations that he and his associates were the real concessionaires by virtue of a concession obtained from the Sultan Abdul Hamid in 1910 were dismissed by the court. Costs of the trial were assessed against the plaintiffs.
Novomeysky, who is a Jewish chemical engineer graduated from Russian technical schools and who fled from Russia after the Bolshevik revolution, has been in Palestine since 1918. After many attempts he obtained the concession in 1930 and organized the Palestine Potash Ltd., of which he is managing director. The concession is said to be of immense financial value.