Page:United States Statutes at Large Volume 46 Part 1.djvu/263

 220 SEVENTY-FIRST CONGRESS. SEss. II. CHs. 189,190 . 1930 . Other lands excluded There shall also be excluded a piece or parcel of land in said city, from sale. contiguous to the east line of the present post-office site as transferred u nder the Secon d De ficie ncy A ct, 1929, fron ting twen ty-fi ve fe et along the north line of Newark Street and extending at that width in a northerly direction one hundred and seventy-five feet ; also a p iece or parcel o f land tw enty-fiv e feet w ide on t he north erly side of said post-office site and contiguous thereto, as extended her ein , running westerly along the south side of First Street extended, two h undred a nd twent y-five fe et, more or less, to the easterl y side of River Street. SEC. 2 . Said property shall be sold, in whole or in part, at public competitive sale, for use and operation as piers or terminals, on such ,terms and conditions as said United States Shipping Board may p rescribe, giving due cons ideratio n to the interes ts of th e United States and to the development and maintenance of an adequate Americ an Merchant Marine, but in no case for less than 25 per centum of the purchase price in cash, and payment of the balance of the purchase price, with interest at 5 per centum per annum, Re ject ion of unsa tis - shall not be deferred more than five years from date of sale. The factory bids . right is expressly agranted said United States Shipping Board to Sale restricted to citi- reject any r all ids for any reason it may deem sufficient. Said tens. property shall be sold only to a citizen of the United States, within the meaning of section 2, Shipping Act, 1916, as amended by section 38, Merchant Marine Act, 1920. SEC. 3 . The United States Shipping Board shall publish the terms of such sale, and the date and time, and the final date of filing bids, if by the acceptance of bids, at least once in each week during the four weeks preceding such sale, in the Jersey Observer, a daily news- paper printed and published in the city of Hoboken, New Jersey, in the Jersey Journal, a daily newspaper printed and published in the city of Jersey City, New Jersey, and in the Journal of Commerce, a daily newspaper printed and published in the city of New York, New York, and may publish such notice in such other newspapers or publications, or advertise said sale in such other manner as the United States Shipping Board deems most advisable as affording adequate notice of such sale. SEC. 4 . All sums received as a result of the sale of such property shall be deposited in the construction loan fund created by section 11 of the Merchant Marine Act, 1920, as amended (U . S . C ., supp . 3, title 46, sec . 870). SEC. 5 . The United States Shipping Board, in making said sale an d the te rms and c ondition s thereo f, shall keep in view the policy a nd pr imary pur poses decl ared in s ectio n 1, Merc hant Mari ne Ac t, 1920, and confirmed in section 1, Merchant Marine Act, 1928. Approved, April 19, 1930. Cond itions of sale. Advertisements of terms of sale, etc. Deposit of receipts in Shipping Board loan fund. Vol. 45,_p. 690. U. S. C., Supp. IV, p.616. Sale, etc. subject to purposes of Merchant Marine Act. Vol. 45, p. 689. U.S.C ., Supp. IV, p. 617. April 19, 1930. [H. R . 3568.] CHAP. 190 . An Act To amend section 1 of an Act entitled "An Act to [Public, No. 147.] revise the north, northeast, and east boundaries of the Yellowstone National Park in the States of Mont ana and Wyoming, and for other purposes ," appro ved March 1, 1929, being Public Act Numbered 888 of the Seventieth Congress. Be it enacted by the Senate and House o f Representatives o f the United States o f America in Congress assembled, That section 1 of the Act entitled "An Act to revise the north, northeast, and east boundaries of the Yellowstone National Park in the States of Mon- tana and Wyoming, and for other purposes," approved March 1, 1929, being Public Act Numbered 888 of the Seventieth Congress, be, and the same is hereby, amended by striking out the proviso at the end of that section so that when so amended the section will Yellowstone Na- tional Park, Mont. and Wy o. Boundaries changed. Vol.45,p.1435.

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