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Israel Investors, Inc., Decides to Discontinue Operations

November 30, 1953
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Israel Investors, Inc., which was formed some time ago by I. Edwin Goldwasser and other American Jewish leaders today announced its decision to discontinue operations for the present and to return to all subscribers payments made on stock subscriptions.

The announcement stated that the decision was made by the board of directors of the company on the recommendation of the officers of the corporation who recently visited Israel. It was their view that all of the energies of the friends of Israel represented in the corporation should be channeled into the execution of the program unanimously adopted at the recent Jerusalem economic conference which stressed the importance of the United Jewish Appeal, the strengthening of the Israel Bond Issue flotation and the exploration of means to consolidate the short-term obligations of the State of Israel.

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