A $10, 700, 000 first mortgage bond issue for the Albert Einstein College of Medicine of Yeshiva University has been oversubscribed with orders exceeding the amount issued by about 25 percent, it was announced here today by B. C. Ziegler and Co., underwriters.
Proceeds of the issue, believed to be the largest single institutional bond issue ever offered publicly, will be used by the medical school for the construction of a 250-bed university hospital and a 12-story research center.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
