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New U.S. Corporation for Israel Accepts Israel Bonds for Shares

A new corporation known as Israel Investors, Inc., has been organized to promote investments in the economic development of Israel; it was announced today by I. Edwin Goldwasser, president.

The registration statement filed with the Securities and Exchange Commission indicates that a total of 86,960 shares of common stock is being offered for sale for a total capitalization of $10,000,400. The cost of a share of stock in Israel Investor Inc. is payable in $115 cash or $100 in State of Israel Independence Bonds and the balance of $15 in cash.