Page:United States Statutes at Large Volume 40 Part 1.djvu/918

 900 SIXTY—FIFTH CONGRESS. Sess. II. Cris. 151, 152. 1918. §`;;¥§,“;'i';,?· of West Virginia, in accordance with the provisions of the Act en- ° ’ ` titled "An Act to re§ilate the construction of bridgles over navidgable waters," a roved arch twenty-third, nineteen undred an six. Am°°°'”°°°' Sec. 2. Tiiat the right to alter, amend, or repeal this Act is hereby expressly reserved. Approved, July 15, 1918. 1 i llgziishiugil CHAP. 152.-A.n Act To amend the Act approved September seventh, nineteen hundred and sixteen, entitled "An Act to esta ish a United States Shipping Board for the purpose of encouraging, developing, and creating a naval aumliary and naval reserve an a merchant marine to meet the requirements of the commerce of the United States with its Territories and possemions and with foreign countries; to regulate carriers by water in the foreign and interstate commerce of the United States; and for other purposes." Sm _ Act 1916 Be it enacted by the Senate and House of Representatives of the rurliigiiieanimmé. United States ey America in Congress assembled, That the first section ,,,Y€§,*égf"» *’· 7*** of the Act gpproved September seventh, nineteen hundred and six- — teen, entitl "An Act to establish a United States Shipping Board for the purpose of encouraging, developing, and creating a naval auxiliary and naval reserve an a merchant marine to_ meet the requirements of the commerce of the United States with its Territories and possessions and with foreign countries; to rmlate _08l'1'1G1`S by water in the foreign and interstate commerce of United States; and for other purposes," is hereby amended by adding at the end uv 1,, thereof two paragraphs, as follows: - _ _ m ‘ “The term ‘ vesse ’ includesiallwater craft and other artificial contrivances of whatever description and at whatever st e of construction, whether on the stocks or launched, which are useiigor are capable of being or are intended to be used as a means of transportation on water. u,:¥,‘§'§’§?“,§.?°U"§i?f§ "The term ‘documented under the laws of the United States} 8¤*'=°S·" greens ,;registered, enrolled, or licensed under the laws of the United tates. ’ mg§°§.,T°“Sh“*’ '°q“”‘* Sec. 2. That section two of said act is hereby amended b. adding at_ 8¤Y;l&0d*f°» P- 7*% the end of the first paragraph thereof a paragraph, as folliiwsz Ana; ownership or "The controlling mterest in a corporation shall not be deemed to ,§°3“,,,’Y,$,i*{}‘§,§‘£,.i({{ be owned by citizens_of the United States (a) if the title to a majority of the stock thereof is not vested in'such citizens free from any trust or fiduciary obligation in favor of any rson not a citizen of the United States; or (b) if the majority oighe votin power in such corporation is not vested in citizens of the United %tates; or (c) if through any contract or understanding it is so arranged that the mag¢;r1t§ of the voting power may be egrercised, directly or indirectly, in ha of any erson who IS not a citizen of the United States; or (cl) if by any other means whatsoever control of the corporation is conferred upon or permitted to be exercised by any person who is VOL 3, v_ ,3,, not a citizen of the United States." amended ' { ISE:}. 3. That section nine of said act is hereby amended to read as Vessels allowed 0 OWS:
 * ¤¤;¤$i$tr¤zis¢ry and "Sec. 9. That any vessel purchased, chartered, or leased from the

‘ board maly be registered or enrolled and licensed, or both registered ,,,0,,,_w_ and enrol ed and `censed, as a vessel of the United States and entitled mgvpgtwlsgilgmgg gg; to the benefits and privileges appertaining thereto: Provided, That um .,,.:,,,,,sh,,,, em A fore1gn—bu1lt vemels admitted to American registry or enrollment and license under this Act, and vessels owned, chartered, or leased by any corporation in which the United States is a stockholder, and vessels sol, leased, or chartered to any person a citizen of the United States, as provided in this Act, may engage in the coastwise trade of the United States while owned, leased, or chartered by such a person.