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Commission of Businessmen Creates $1,000,000 Corporation for Palestine

March 7, 1927
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(Jewish Daily Bulletin)

A million dollar corporation for business investments in Palestine was formed by the Businessmen’s Commission, headed by Max Shoolman of Boston, a cable despatch received by the New England Zionist Region from the Commission which is now in Palestine states.

The sum of $300,000 has already been subscribed, the despatch states.

Max Shoolman is chairman and Elihu D. Stone, secretary of the Commission from the New England region which went to Palestine on the invitation of Dr. Chaim Weizmann.

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