A contribution of $2,500 towards the relief fund for the victims of the Palestine earthquake administered by the Palestine Government, was transmitted to Jerusalem by the Judea Life Insurance Company, a subsidiary of the Judea Insurance Company, Ltd., Samuel Mason, vice-president of the company, announced.
The Judea Life Insurance Company has also offered the Palestine Government by cable to grant a loan of $10,000 to be made available to owners of property which was damaged in the Jerusalem earthquake, for reconstruction purposes, at three and a half per cent interest.
The Judea Life Insurance Company has also made available, through the Palestine company, the sum of $25,000 as a loan fund to relieve the situation and to help the reconstruction activities.
The Judea Life Insurance Company Ltd., conducts a general life insurance business in Palestine, Egypt and Syria, a branch of which was recently opened at 44 East 23rd Street. New York City. Col. Francis Stoddard, ex-superintendent of Insurance of the State of New York, is its general counsel. Mr. Samuel Mason. vice-president in charge of the New York office, stated:
“The emergency measures which the Board has, at a special meeting authorized will, we hope, in some measure facilitate the reconstruction work in Palestine. The Board is confident that other American enterprises having business relations with Palestine will also vote funds for the relief of the victims of the earthquake.
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