History
A large tract of land on the Haifa Bay was purchased from the Sursock family of Beirut by the American Zion Commonwealth in 1925. In 1928, the Bayside Land Corporation, a joint venture of the Palestine Economic Corporation and the Jewish National Fund, acquired 2,400 dunams of residential land in a deal related to the building of the IPC oil pipeline. Development of a residential area began in 1939, and the first houses were completed in 1940.
Read more about this topic: Kiryat Yam
Famous quotes containing the word history:
“The history of any nation follows an undulatory course. In the trough of the wave we find more or less complete anarchy; but the crest is not more or less complete Utopia, but only, at best, a tolerably humane, partially free and fairly just society that invariably carries within itself the seeds of its own decadence.”
—Aldous Huxley (1894–1963)
“Social history might be defined negatively as the history of a people with the politics left out.”
—G.M. (George Macaulay)
“It may be well to remember that the highest level of moral aspiration recorded in history was reached by a few ancient Jews—Micah, Isaiah, and the rest—who took no count whatever of what might not happen to them after death. It is not obvious to me why the same point should not by and by be reached by the Gentiles.”
—Thomas Henry Huxley (1825–95)