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Electric Concession Goes to London Concern

May 9, 1928
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(Jewish Telegraphic Agency)

The Power Securities Corporation, a London company, has acquired the concession to instal an electric light system in Jerusalem, Mr. Richardson, a Jaffa attorney announced.

The corporation has acquired the concession from engineer Mavromatis, holder of the orginal concession from the Turkish Government.

Work will be started immediately and it is expected that Jerusalem will have a modern electric light system within fifteen months.

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