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Palestine Electric Corp. Gets $1,250,000 London Loan

April 24, 1928
See Original Daily Bulletin From This Date

(Jewish Telegraphic Agenecy)

The Palestine Electric Corporation, the company operating under the direction of Pinchas Ruttenberg for the electrification and irrigation of Palestine, will receive a loan of £250,000 Col. Amery, Colonial Secretary, stated in the House of Commons today.

The loan will be guaranteed under the Trade Facilities Act, in accordance with the regulations.

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