Page:United States Statutes at Large Volume 43 Part 1.djvu/500

 SIXTY·EIGHTH CONGRESS. Sess. I. CHS. 273, 274. 1924. 469 uest of the board, make the transfer accordin l 1 Provided That Frome-. . rtliid total amount hereafter expended by the boagdr for this purpose Aw°w°hm°°d° shall not in the aggregate exceed $25,000,000 Any such vessel here- wiiiiiniiiilismiii m after so equipped by the board under the provisions of this section wm§§•;E1i¤¤l;l°B¤¤]¤¤!¤ shall not be so d for a period of five years from the date the installa- sm D ` tion thereof is completed, unless it is sold for a price not less than the cost of the installation thereof and of any other work of reconditioning done at the same time plus an amount not less than $10 for each dead-weight ton of the vessel as computed before such reconditioning thereof is commenced. The date of the completion of ,,,,,’?“'*’ °' °°"’p’°"°°• such installation and the amount of the dead-weight tonnage of the vessel shall be fixed by the board: Pro/vided further, That in D°""°°i“"°““"°"°°· fixing the minimum price at which the vessel may thus be sold the boar may deduct from the aggregate amount above prescribed 5 per centum thereof er annum from the date of the installation to the _ date of sale as iiepreciation: Ami provided · further, That no part Stanéiggsqitmn '° of such ftmd shall beexpended upon the reconditioning of any vessel unless the board shall have first made a binding contract for a satisfactory sale of such vessel in accordance with the provisions of this Act, or for the charter or lease of such vessels for a period of not less than five years by a capable, solvent operator; or unless the board is prepared and intends to directly lput such vessel in 0 ra- _ tion immediately upon completion. Sue vessel, in any ofwthe D°°°'°°°°‘"' °°°' enumerated instances, shall be documented under the laws of the United States and shall remain documented under such laws for a period of not less than five years from the date of the completion s,Qf,§’;’“¤_,°(’;,,“t;’,§s,,°‘@j of the installation, and during such period it shall be operated only quiredon voyages which are not exc usively o0astWise." Approved, Jime 6, 1924. CHAP. 274.-An Act To amend section 2 of the Act entitled "A¤ Act to `mi;g`si?" wvide for stock-raising homesteads, and for other purposes," approved Decem- 29, 1916 (Thirty-ninth Statutes at Large, page 862). Be it enacted b the Semte and H owe of Re entdtives of the United States ofyrlmerkza in 6'ongreea aasembgd? That section 2 §{§Y,,i"§,‘}'g 1,.,,,,,. of the Act approved December 29, 1916, entitled ‘An Act to pro- ¤°•°°*· vide for stock·raising homesteads, and for other purp)0ses" (Thirty- V¤|·¤¤.r-862·¤¤¤¤¤d· ninth Statutes at Large, page 862), be, and is ere y, amended to °°‘ m%dSaS f(2u(Tl?: h S f h I t he b th C*'°“°°°" "“““' nc. . at the ecreta o the nerior is re y au or- ,°w,,,_ ized, on application or othewise, to designate as stock-raising iomobms lands subject to entry under this Act lands e surface of which 1s, in his opinion, chieily valuable for grazing and raising forage crops, do not contain merchantable timber, are not susceptible of irrigation from an known source of water supply, and are of such character that six hundred and forty acres are reasonably required _ for the support of a family: Provided, That where any person f,’;;,,'¥g;,0,,,0,,,,,,i, qualified to make original or additional entry under the provisions of u¤<1¤¤iz¤¤¤¤<1 ¤¤¤<¤- of this Act shall make a plication to enter any unappropnated public land which has not Been designated as sub]ect to entry (provided said application is accompanied and supported by properly corroborated ailidavit of the app °cant, in duplicate, showing prima facie that land applied for is o the character contemplated by Act), such application, together with the regular fees and commas-. sions, shall be received by the register and receiver of the land district in which said land is located and suspended until It shall have °hE|e$•&¤%i;L£¤;2 been determined by the Secretary of the Intemor whether said land ,..,.;...4. is actually of that character. That during such suspension the