The Israeli cruise ship Nili, which was impounded here last year when its owners, Nili-Somerfin Car Ferries, Ltd., of Haifa, failed to meet mortgage payments, was sold to the Israel Government at auction here yesterday for $4,200,000. The Israel Government, which purchased the vessel to protect its own position as a creditor of Somerfin, intends to resell it.
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.
