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Anglo-palestine Company Pays 5 Percent Dividends

September 8, 1926
See Original Daily Bulletin From This Date

(Jewish Telegraphic Agency)

The annual general meeting of the shareholders of the Anglo-Palestine Company was held here today.

The shareholders decided to pay a dividend of two and one half percent for the second half of the year 1926. This makes a total dividend for 1926 of five percent, tax free.


In a Rosh Hashanah message, Sol M. Stroock, president of the New York Federation for the Support of Jewish Philanthropic Societies, announced that the gross budgetary requirements of its ninety-one constituent agencies would exceed $8,500,000 this year and that the Federation was obligated to supply more than $4,500,000 of this amount, the balance coming from legacies, trust funds and other sources.

“In extending to all of our co-workers, subscribers and wards the sincere wish that they may all enjoy a very happy New Year,” the statement said, “we must also point out that we have the necessary institutions and agencies splendidly equipped, we have whole-souled, intelligent men and women consecrated to the effort, but we require more than $4,500,000 this year to carry on efficiently. I appeal to every member of the Jewish community to resolve with the New Year to give himself to this cause–not to give of our money only, but to give of ourselves, of our time and of our service.”

The message also contained an appeal to the rabbis and presidents of synagogues and temples throughout the city to bring to the attention of their congregants the merits and needs of the Federation, “so that they may in their worship be effectively mindful of the wants of their brothers, helpless but for the Federation and its affiliated societies.”

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