A registration statement outlining the proposed public sales of 9,569 shares of common stock at $1,000 per share to raise funds for the settlement of Jewish and other refugees in the Dominican Republic was filed with the Securities and Exchange Commission yesterday.
The securities were registered by the Dominican Republic Settlement Association Inc., of New York, which has a contract with the Dominican Republic providing for the admission of 100,000 refugees, mostly Jews from Germany and countries conquered by the Nazis. The statement, unique for the Commission since it did not promise any monetary return to those who purchased the securities, said 500 shares had been taken by Agro – Joint.
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