An agreement relating to the development of the Huleh concession was signed by the Palestine Drainage and Amelioration Company, the Palestine Land Development Company and the Emica Association, representing the Jewish Colonization Association in Palestine last month.
The Palestine Drainage Company was last year formed by the Palestine Development Company, the Jewish National Fund and the Palestine Foundation Fund to carry out work directly connected with the Huleh concession. Its share capital amounts to £100,000. The general meeting, which was held in Jerusalem on April 15, unanimously approved the company’s work during the past year.
The J.T.A learns that the company’s scope will be widened in accordance with the provisions of its statutes. Originally it was created only for the purpose of dealing with the Huleh concession during its transitional stage, but there is nothing to prevent it from taking on larger responsibilities.
The following members of the board were re-elected: Dr. Arthur Hantke, of the Palestine Foundation Fund; Eliezer Kaplan and Moshe Shertok, of the Jewish Agency; M.M. Ussishkin, Salman Schocken and Dr. A. Granovsky, of the Jewish National Fund; Dr. Arthur Ruppin, J. Hankin and Dr. J. Thon, of the Palestine Land Development Company.
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