Page:United States Statutes at Large Volume 17.djvu/250

 210 FORTY—SECOND CONGRESS. Sess. II. Ch. 259. 1872. treasurer, score- year, and until their successors shall have been duly qualified, and shall my, wd <>¤h¤¤ appoint a treasurer, a secretary, and such other officers as may be required °m"°"“‘ to carry out the purposes of the corporation, which elected and appointed f officers shall hold their respective offices during the pleasure of the board, ,,,,£:"`;}:y° &c_ receiving such compensation as the board may prescribe; and the board Byllawsi &c. shall also adopt such by·laws, rules, and regulations, for its own government, and for the government of its oiilcers, as may be deemed expedient: Pi-oviso. Provided, That the same shall not be incoéisgtent with any·acté>f' Congress or the rules adopted by the Unite tates Centenmal ommission. United States Sec. 6. That as soon as the board of directors shall have been duly E;;’;i‘;’;“;;ld€f'“' organized, as provided for in section five of this act, it shall be the duty peg,. to dpeemrs, of the United States Centennial Commission to deliver to the said board -,,8, & j 1ts possession pertaining to the same. _ o I mdiioundsiror Sec. 7. That the grounds for the exhibition shall be prepared and the Wt °Xl¤b*¤°¤· buildings erected by the said corporation in accordance with plans which shall have been previously adopted by the United States Centennial Commission, and the rules and regulations of said corporation, governing rates Admission for " entrance " and " admission " fees, or otherwise affecting the rights, lfaig ges &c privileges, or interesttpl 0% the exhibitors, or of the public, shall be fixed ’and established by e nited States Centennial Commission · and no grant conferring rights or privileges of any description connected with the said grounds or buildings, or relating to said exhibition or celebration, shall be made without the consent of the United States Centennial Commission, and said commission shall have power to control, change, or revoke all such grants, and shall appoint all judges and examiner, and award all premiums. Corporation _ Sec. 8. That the Centennial Board of Finance shall have authority to zlsgrgglgybgzii xg1e bonds, Inot 1p expesstpf its papital stock, and secure the payment of gage_ Pcctgamicpggmpa an in rest, y mortgage upon its property and pros- 1 s tlxgcppggnnrof Sso.’9. That it shall be the duty of the Secretary of the Treasury of ,;,,,,5,, ccfgafags the United States, as soon as practicable after the passage of this act, to ofstock to be cause to be prepared, in accordance with a design approved b the United d • • • y ¥"°l’°*° · States Centennial Commission and the Secretary of the Treasury, a suffieieéit number offcertgficatps offstook to meet the requirements of this act; an anyperson oun gui tyo counterfeiting or attempting to counterfeit or knowingly circulating false certificates of stock, herein authorized, shall _ Psuslty for be subject to the same pains and penalties as are or may be provided by \,0\1l`Ai€l`l`<IlUl’1g`,·      f‘ • . . . &c_ er eiting United States cinrency; but nothing m this act United lStates shall be so construed as to create any liability of the United States, direct “°*· l¤°b° ¤¤bl°· or indirect, for any debt or obligation incurred, nor for any claim, by the centennial international exhibition, or the corporation hereby created, for eéngtgr pecuniary; assistanpe fromf Congress or the treasury of the United s, in supper or iqui ation o any debts or obligations created by the corporation herein authorized: And provided, That nothing in this act shall N¤_$tct¤l¤w be so construed as to override or interfere with the laws of an State · ud to bcintcrfered all t t d · Y s a WML I con rac slzpa e in any State for the purposes of the centennial interna- N I tional exhibition shall be subject to the laws thereof: And provided further, H bpipcrspna _ That no member of sa1d Centennial Board of Finance assumes an er- ¤·*r<·¤·¤·¤ sssnntit r (1 · - - YP of eerpem. by the :O;50{a§g;;ym6bt 03 C)bll§;itt10ll which may be created or incurred When exhibi- Sec. 10. That as soon as practicable alte h‘‘ ,· -_ 1 d _ _ r the said exhibition shall have QQ5g25g? ta been closed, it shall be the duty of said corporation to convert its property g}?;;:,, ,,8 into cash, and, after the payment of all its liabilities, to divide its remai¤· - :)r;'g;ssets_a1po1ig its stockholders, pro rata, in full satisfaction and dischaI‘g0 be i a1ca(pita stock. And it shall be the. duty of the United States Cennm ommission to supervise the closing up of the affairs of said cor-
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