A merican 'apish Periodical Cotter
▪
CLIFTON AVENUE - CINCINNATI 30, 0300
PAGE SEVEN
THE DETROIT JEWISH CHRONICLE
Evidence of Former :" IllEmomminmonnimm o mmummommonimminmmmond40.0minmnnommonnionmmitmmonsasannmnommmommimmommommiennmomm o m m oml
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Jewish Life in Spain
OPPORT
Quaint Synagogues, Streets and
Residences; Spanish Families
with Jewish Names; Beauti-
ful Women with Distinctive
Jewish Features, Reminders
of a Past Grandeur.
To Share on an Equal Basis in a Big Successful Business
I n many big towns in Spain there
are beautiful remains of the ancient
Jewries, the streets and buildings hav-
If you are a conservative investor, the following little bit of Detroit history will interest'
Fourteen years ago there became associated in a real estate firm in Detroit, three men' b ;Wide banking and real estate experience.
They chose the name
ing been preserved intact to this day.
There are, for instance, several fine
residences which belonged to wealthy
Jews before 1492, especially the two
LAMBRECHT, KELLY & C
beautiful .synagogi in Toledo, with
their Hebrew inscriptions. In Cor-
dova, an important part of the old
Jewish quarter still exists, and there
these men. If ieluird G. Lambrecht, the President, was with the Peoples
is a beautiful little synagog with in-
situated in a street named Calle Mai-
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, . Iltisltegon for seventeen years.
churches which were formerly syna-
ries is that of Gerona, the birthplace
of Nachmanides Ramban). It is built
in a tine gothic styl•, and the old com-
munal house is now used as a school.
In Saragossa there ate whole' streets
of the old Jewry still, preserved with
the residences of wealthy Jewish den-
izens.
Another old Jewry is that of Polite-
vedra, which is supposed to have been
the town where the alleged Jewish
forebears of Columbus lived. All these
places will prove attractive to Jewish
visitors, especially to no., of Span-
ish. descent, because nor, is no doubt
they will pick tap old associations.
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'there are thousands of Spanish fam-
ilies bearing Jewish names, and they
know they are of Jewish extraction.
Several members of the Spanish no-
bility are also of Jewish origin.
remarkable that the Jewish type is
Since its organization the Michigan Investment Company has paid 327 per
cent in dividends, including 300 per cent in stock dividends and 27 per cent in
cash dividends, on the common stock, and 35 per cent cash dividends on the
preferred stock.
Today, with Detroit the (tenter of the motor industry; with the most pros-
in those parts of Spain which have
communities, especially
Andalusia and Catalonia. Never can
one see in Europe such beautiful types
of women with their wonderful eyes,
lairous and diviiNitied line of manufacturing of any city in the country; with
the future transportation problems to be solved by good roads and automo-
biles; with Detroit just starting upon its growth; these men out or their long
experience see the immediate need and N'Iltit possibilities of profit for a great
financial organization adequate to meet and handle the problems of 1)etroirs
natural elegance, and most attractive
elasticity and dignity as are to be
found in Seville and Granada.
First Jews in Modern Spain.
real estate development.
Thu. nucleus of the organiration is already available. with years of success-
ful operation' behind. it. There is nothing experinitiY4111 abOut its'oPeration,
its standing . or its Stli•er,ks. It is merely it matter of enlargemlint tht!'
Up to 60 or 70 years ago there were
My Jews living in Spain.,,ithout ltkik
41 ■ 64ig to the war in Morocco, several
Jewish fatuities' gettled'in Sevilre . and
'ii I tist'inel 'it Company will he Managed by the salmi
Tim new, large MiclUgaiklii‘I
men who made the foregoing companies successful, and it will combine iCII
the features of the old Laiiihrecht, Kelly & l'ompany and the old Aliehigan'In-
vest mint Company. 1,
cij
The stock of the Mieltigl'itivestinent Company consists of 200,000 shares
of CO11111101' stock, $10 par Vi hie, and 300,000 . sharett of 7 per cent cumulative
preferred stock, *10 par value.
No Mold: will be sold at's than par, and the first 100,000 shares of corn:
111011 stock will be sold with is .'goal number of shares of preferred stocic. For
eatill $100.00 invested you ' riiiicive $50.00 of preTerred a n d $50,00 of com-
mon stock. After that allottNiAt is taken, no share of common stock ean'be
sold unless the purchaser bity4Two shares of preferred stock.
There is no promotion or'ivitered stock. Every dollar's worth of stock
will be paid for in cash.
Whenever iii the past yoUliave been ofTi:red stock in any proposition, you
have invariably been asked to go into something on at speculative chance.lhe
men who approached you have .eited to you some similar proposition, the eue-
cess of which they hoped to duplicate. . : : ' • ' . .
With this proposition we need cite no other company's success. Take the
same men,. the same organization, plus a large, new capital, the wonderful op-
portunities now offered, and you can estimate what the results will be.
This eorporation will develop into one of the strongest financial institutions
in the west, and your IISSOCkiltiOp with it, as„a stockholder, will put you in a
i
t!.
' las the tiriT
sion. Unfortunately', during the re-
cent war, several of these families
went back to Morocco for business
purposes, and communal life in Seville
was temporarily interrupted.
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A
tant one in Spain. Almost all the
Jutish war refugees who came to
CAPITALIZATION $5,000,000
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$3,000,000 Cumulative Preferred, $2,000,000 Common
Par Value $10.00 Per Share
Spain settled in Barcelona. Although
it is possible that after the signature
OFFICERS AND DIRECTORS
of peace several of the refugees will
leave Spain, the communities will still
RICHARD G. LAMBRECHT, President
President American Loan 8.
CHARLES BORNMAN, Director
President John Bonin= & Son.
DANIEL KELLY, Vice-President
Vice President American Loan & Trust Co.
GUSTAV DIETRICH, Treasurer
Treasurer American Loan & Trust. Co.
WILLIAM J. BERRY, Director
sanerinteLdent MIchigan State Telephone
Co.
Trust Co.
flourish.
There are very few Jews in Spain
who are Spanish subjects, and, as a
whole, there are scarcely 1,000 Jews
in all Spain. As the degree of expul-
sion has been tacitly revoked by the
CARL WISNER, Secretary
Secretary American Loan k Trust ('o.
new constitution, there are no prac-
tical disabilities. The late Senor Gus-
tave Bauer, whose sons now represent
the interests of the house of Roths-
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JOHN R. BODDE, Director
Cps-President Peoples State Bank of De
arch.
C M. BURTON, Director
Pri?-ialent Burton Abstract & file ( o.
Director Wayne ('oun'y and Home Savings
Bank of Detroit.
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lately been founded in Barcelona, and
this promises to be the most impor-
V.
73-75 Griswold St. Corner of Lamed St.
,
A community un a larger scale has
Senate.—Chicago Israelite.
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Michigan Investment Company 1
I;4
community in Spain since the expul-
child in Spain, was a member of the
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position where you C1111 consult ivith financial experts if you need adveie
This 'is an oppprtunity which is conservative and,safe., rf voitase., itfIfi0 - ii i ■
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troit, , egme down to oin:offiee itt tioy'sontlatt4St corner of 0 ;s: ■ 4151 iindstittnell 1:'•
1'i
.strtrefs.` If tou live (oft of tattrnlatlitefor stock reservation immediately.
k i.'
Stock an Be Purchased By Paying 20% Cash With Subscriptio n and 'the Balance ity Four Equal Monthly Installments 4 posirea.,
they formed a little community' there
With a 3§11411.
Loan & Trust ("ompany because, Unity
It could not absorb theinerienti
,\..
the. Aliehigan law, a corpoTiy on (+arterial to deal ill reel ektate and real estaic
securities cannot exercise 't it broad t rust poNvers vested in a trust eompani..
r,..gom pany, however, will have
he tilt. 101111O quarters,
The American bowl & Tito
and as it is managed by the same people, the advantage to both corporations
ill obvious. ,,
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Dividends Ill'. payable Jammu 1st and July 1st of each year to stockholders
or record as of June 15th anal December Bath, respectively.
cit v.
even 'still preserved with such purity
Jewish
it has besides about $70,000 in surplus and undivided profits. It has paid cash
dividends every year sine' its organization, besides the above stock dividends.
and has Imlay OVVI . $4,000,000 ill assets.
Again in 1914, IlleSe Olen were among the first Its grasp the opportunity
In-
offered by the needs of a growing city, and they organized the
with ant original capital of $25,o0o eommon stoidi and $50,-
vcslucut
This elimpaily deals in land contrails and mortgages--ii development of the
real Ps 11110 lalsnioss whit'll follows naturally the rapid growth of a Proslwrolls
type of fanatical Catholics. It is very
large
ment of only $10,000, they have paid large cash dividends, and their present
holdings have been appraised at about 4,4 50,000. This makes something over
four thousand per (Tilt on the original investment in fourteen years' time.
They are subdivision experts, as well as dealers in improved property, and
have sold over fifteen thousand lots to satisfied, customers, who have always
made at profit by following their adviee.
'Phew men, wide awake always, were the first to see the opportunity offered
for a trust company to handle real 'sinus 1101111S, and in May, 151)6, they or-
ganized the present Ameriiiiiii Loan & Trust Company.
'rids Trust Company started with an original capital of $25,000, and at the
end Id the first yen!. increased it Its $50,000. The second year it again increased
its capital to $100,000. In 11117 it declared a stock dividend of 100% and sold
au additional 4100000 w01111 Of stock, making its present capital $300.000, and
001) preferred stor(. It contmeneed doing business in 1tctober, 1914.
though these are now of the Spanish
To grasp this opportunttyrn new corporation known as the Aliehigan In-
has beep organized, with a capital of $5,000,000, and it Ivi11
take over the business of 14qthreclit, Kelly & t'olopany, and the 1)11(1 Michigan
Investment Company, moil `ON'er,y dollar received by the stockholders of tile
lannlorecht, Kell). & Compaox for their valuable holdings is reinvested in the
stock of the new couipany
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vestment Criminaly
thistav Dietrich, the Secretary and Treasurer, was with the Ilackley Na-
tional Itallk of Altiskegoit for twenty-three SellIN,
1111.y have grown to he One Of the three leading real estate firms in Detroit,
and their sueeess is attested by the fact 111111, starting with an original invest-
togs. One of the most beautiful Jew-
PANY
enlargement it has been deemed leis(' to admit
the general piddle as widely as possiblo, for the business of such a company
grows in direct ratio to its miquaintaneeship.
Daniel I elly, the Vice-President, was with the Ilackley National Dank of
monides.. In Seville there are four
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enlarged needs. And in this
Savings Bank. now known as the l'eoples State Baal( of Detroit, for fifteen
Fears, in charge of their mortgage department.
scriptions. round the building, which is
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J. C.
S. C. McLOUTH, Director
General Manager Michigan Salt en.
Shipbuilding Co.
President Marino
President Liberty National Bank or Marine
City.
City
Michigan Investment Co.,
73.75 Griswold St.
Gentlemen:
WILLIAM T. FRY, Director
CONRAD H. SMITH, Director
Capitalist.
WIthOut any obligation . on my
part, please send ma further Infor-
mation about your investment
J. O'BRIEN KIRBY, Director
JOHN WYNNE, JR., Director
Investment Banker.
Name
Vice-President Brighton State Bank
President Kirby Inveslunent Co.
EDWARD P. KIRBY, Director
Secretary-Treasurer Kirby Investment ('o.
JOHN E. LAMBERT„ Director
Secretary' Clayton & Lambert Manutactur.
Mg Co.
RALPH B. WILKINSON, Directoil
Hinkley, Ateys
Wilkinson, Routier &
H. LEONARD WILTON, Director
capitalist.
Address
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GENERAL PAYS TRIBUTE
TO JEWISH SOLDIERS
Addressing a public meeting re-
cently at Boston, Masss., under the
auspices of the Associated Y. M. H.
A.'s of New England, Major General
Clarence R. Edwards paid this tribute
to the bravery of the spirit of the
Jewish soldiers of the 26th division:
"It seems but yesterday that I stood
in a Jewish synagogue in France at-
tending a service after the battle of
Chateau Thierry on the occasion of
the burial of several men of the He-
brew faith who had smilingly made
the supreme sacrifice. With me, I re-
call. were Congressman Isaac Siegel
of New York, Corporal Bencin J. Rise-
man, who occupies a seat on this plat-
form this evening, and two other
Jewish soldiers who are here with us
this evening.
"I want to tell you that the Jews
made an enviable record in the war.
This is true in particular of the Jew-
ish men of the Y. a I. remember in-
stances where formerly intolerant
Gentiles asked that Jews might be
made officers in order that they might
become leaders. Those very Gentiles
wanted to follow and imitate the Jew
upon whom they theretofore looked
with a cross and suspicious eye.
"Many a Jewish lad of the 26th
gave his life with a smile on his face.
You good people here touch my heart
tonight. You have reason to be
proud of the valor of your sons over
there."
TAFT PLAYS IMPORTANT
PART IN FORMULATING
POLISH-JEWS TREATY
HEBREW SCHOOL
SYSTEM IN JERUSALEM
Jews of America. many of whom did l
not understand the attitude of Presi-
dent Wilson and his colleagues. For-
mer President Taft sent a personal'
cablegram to Mr. ‘Vilson, pointing
The following extracts are made
out that inasmuch as the chief source
Mr. David Lawrence, in a Washing-
of religious irritation in Europe had from a report of the Palestine Office
ton dispatch to the Evening Bulletin,
on
the Hebrew Schools.
been with respect to Poland• a pro-
We have now a comprehensive sys-
says:
vision -wisely might be included in
"Publication of the text of the 'I
the treaties recognizing the independ- tem embracing the educational insti-
treaty between the United States,
tutions all over the land under the
ence of that country.
Great Britain, France and the Ell-:
"Mr. Taft argued the same thing supervision of the "Vaal
tente Allies on the one hand, and Po-
had been done with respect to Serbia, (Board of Education). There are in
land on the other, make it possible to
Rumania and :Montenegro, when their Jerusalem 39 schools, with 4,569 pu-
that provisions giving special pro-
independence was proclaimed by the pils and 177 teachers, In Jaffa 13
tection to the Jews in the pursuit of
Congress of Berlin. He insisted the schools With 1,937 pupils and 75
their religious customs arc the dirett
same course might apply also to the teachers, in the colonies of Judaea
outcome of the efforts of President
new treaties with Czecho-Slovakia, and Samaria 13 schools and 1.202 pu-
Wilson and former President Taft.
pils and Is. teachers. In Haifa, Ti-
Bulgaria and Hungary.
"Originally the Jews sought a gen-
"President Wilson replied to Mr. berius, Sated, the two colonies of
eral declaration of religious freedom
Taft the course he had outlined would Lower Galilee, and Damascus, there
to be incorporated in the preamble to
he followed. This cablegram was sent are lo schools with 1,300 pupils and
the League of Nations. At
inure than a month ago, but nothing N. teachers. Altogether there are 9,-
was urging a declaration
has been said publicly about the mat- 2,4 pupils in the schools under Zion-
of racial equality.
ter, because the negotiations were not ist supervision, which is about 75 per
"Difference of opinion among the
cent of the total number of children
complete.
Allies made it impossible to reach an
"An examination of the various ar- of school age in l'alestine. Further,
agreement by acceding to the desires
ticles of the Polish Treaty and the some thousands of children attend
of Japan. It was felt as a conse-
letter transmitted to Premier Clemen- schools, which, although not under
quence that in eliminating the general
ceau to l'remier l'aderewski shows the administration of the "Yazd
provision with respect to racial equal-
how the suggestions of Mr. Taft have Hachinuch have nevertheless adopt-
ity the Allies would be inconsistent if
been carried out to the letter by ed our Hebrew curriculum. We may
they retained the principle of religious
President Wilson and his associates." , therefore conclude that the number
freedom. Expediency demanded both
of children who do not now receive
clauses be excluded, so progress on
proper Hebrew education is very
The Jewish Charitable and Educa- small. To this latter number belong
the treaty might not he hampered.
All.
Equality
to
tional
Federation
of
New
Orleans,
Taft Argues
schools whose medium of teaching is
"This action, nevertheless, caused La., has opened a permanem suinmer in French, English. Yiddish, Ladino
considerable disappointment to the, camp at Bay St. Louis.
I (Espanol), or Arabic. There are al-
say
'time Japan
the same
so some children who do not receive
any education at all, but the number
of these is insignificant. Of course,
it is the object or the Hebrew Board
of Education to provide these chil-
dren also with a national Hebrew ed-
ucation. The number of schools un-
der our administration is increasing
and the recent improvement in
teaching is very considerable.
The influence of the non-Hebrew
schools is considerably lessened.
Their moral and material importance
has diminished so much in the last
few years that they scarcely deserve
now to be taken into account. The
following Orthodok schools are now
also under the "Vaad Hachinuch":
the schools of the Mizrachi (Tach-
kemoni in Jaffa, the Orthodox schools
in Detach Tikvah, Rishon-le-Zion,
Rehoboth, Ekron) as well as the new
l'eshibah in Jerusilem, six Talmud
Torahs in Jerusalem, and the Tach-
kemoni and Ortholo Kindergartens
in Jerusalem. i
ist
organization. The School Budgt '
is more than treble the amount of '
former years. These new burdens
have been gladly taken up by the '
Zionist leaders, in the conviction that ;
the great educational and political
value of the work of our Ilebrew
schools in Palestine will be fully rec-
ognized by all Zionists.
German Peace Delegates
for Jewish Palestine
The "Deutsche Allgemeine Zei-
tung," the official organ of the present
German government, recently printed
an article in which it said that there
was every reason to believe that the
German delegates to the Peace Con-
ference will stand strongly'in favor of
a Jewish Homeland in Palestine.
It is rumored in high official Ger-
man circles, that among the German
delegates will be a number of well-
known Jews, who will be the govern-
mental advisors on all questions rel-
A number of Hebrew Evening
ative to the Jews. Among these will
Classes have also been established, be
Herman Struck, famous Jewish .
for the better dissemination of the
painter and Mizrachist, who will be
language, in Jerusalem, Jaffa, and
assisted by Prof. Sobernheim, Dr.
other places. _
Fuchs and Herr E. Lichtheim,
Three excellentt4Perts are now at
the head of the Lieilwew School Sys-
Mr. Arthur K. Kuhn, la'wyer and
tem, viz., Dr. Epstein, Dr. Lurie, lecturer on international law at Co-
and Dr. Turow.
lumbia University, has been elected
This gratifying progress of our a commissioner of appeals for three
schools demands considerable finan- years by the Grand Lodge of Masons
cial support on the part of the Zion- of New York state.