Summary
An American Zionist land company named in the Jewish Agency’s July 1930 memorandum as the founder of Herzlia and as an investor in the Valley of Esdraelon (Palestine: Land Settlement, Urban Development and Immigration, PDF p.15-16, p.22).
Details
- Herzlia, 17 km from Tel-Aviv, was founded in 1924 by the American Zion Commonwealth on 8,760 dunams bought from a Syrian landowner, besides 5,000 dunams for which the title deed had not yet been received; its report on the land is quoted in the memorandum, and its drainage of 700 dunams of swamps at a cost of £6,637 is said to have benefited first the Arabs of the neighbouring village of Gelil (Palestine: Land Settlement, Urban Development and Immigration, PDF p.15-16).
- The memorandum lists the Commonwealth among the Jewish institutions that invested in the Valley of Esdraelon (including Afuleh), with its investment given as £P.406,008 (Palestine: Land Settlement, Urban Development and Immigration, PDF p.22).
Related pages
Palestine: Land Settlement, Urban Development and Immigration, Jewish Agency, Keren Hayesod