New Book Focuses
On Wetsman Family
Mr. Davidson, the son of Sal
and Ralph Davidson, is chairman
L,72 and chief executive officer of
Guardian Industries Corp., one
of the world's major flat-glass pro-
ducers. He also is principal own-
er of the Detroit Pistons
Mr. Applebaum's previous
book was The Fishers: A Family
Portrait, a history of the Max M.
Fisher family of Detroit. Mr. Ap-
plebaum has written extensive-
ly on the history of Jews in
Detroit and Michigan. He is a
past president of the Jewish His-
torical Society of Michigan. ❑
"We were treated professionally and courteously throughout the
- Ivan and Kathy Reimer, Lake Orion, MI
"Very thorough, friendly and helpful. As a first time buyer I had several
questions and Republic was always willing to assist me."
- Susan Ebbing, Royal Oak, MI
"There should be more people around like the people at Republic."
- Lurlene McMillion, Novi, Ml
"Excellent service as usual! Thank you."
Author Phillip Applebaum
A biography chronicling the lives
of Bessie and Joseph Wetsman
and their descendants has been
privately published by William
M. Davidson, the Wetsmans'
The Wetsmans: Odyssey of an
American Family, by Phillip Ap-
plebaum of Oak Park, tells the
story of one of Detroit's leading
families in Jewish affairs and
Zionism in the early part of the
century. Joseph Wetsman was
president of Congregation
Shaarey Zedek from 1920 to
1922. His daughter, Sal David-
son, was a founding member of
the Hadassah organization in De-
The Wetsmans also were
known as proprietors of some of
the best-known movie theaters
in Detroit. The Avalon, Linwood
and Oriole theaters were located
on Linwood Avenue in the heart
of the Jewish community from
the 1920s to the 1950s.
- Michele Bureau, Walled Lake, MI
Sell El Al
Now Or Later?
"Understanding the financial world and it's processes can be quite
perplexing I was treated with respect. This is our third mortgage with
- Renee Koch, Fowletville, MI
The sale of El Al should be de-
layed until it has improved its
profitability so it will not be sold
at bargain-basement prices,
Knesset Economics Committee
chairman Gideon Patt (Likud)
However, El Al managing di-
rector Rail Harley retorted that
the company will not survive un-
less it is sold.
"The company has more or less
used up whatever credit it can ob-
tain - or repay - on the inter-
national market," Mr. Harley
And, he added, El Al desper-
ately needs capital because if it
is still to be around in 20 years,
it must double its fleet and re-
place half its existing planes -
which means it must buy an av-
erage of 1 1/2 planes a year.
First Israel Fund
"We create solutions."®
Source: Allen °lender, Prudential Securities,
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