Page:United States Statutes at Large Volume 47 Part 1.djvu/335

 72d CONGRESS. SESS. I. CH. 258 . JUNE 14, 1932. 311 " c) To adopt and use an official seal . "( d) To elect a cha irman, vice chair man, s ecreta ry, an d trea surer, and to adopt suitable by-laws for the management of its affairs . The secretary and treasurer need not be members of the commission . "(e) To appoint such other officers, and such agents and employees as it may require for the performance of its duties, and fix and determine their qualifications, duties, and compensation . "(f) To enter into contracts . " g) To acquire, own, hire, use, operate, and dispose of personal property . " (h) To acquire, own, use, lease, operate, and dispose of real prop erty and inte rests in real prop erty, and to make impr oveme nts thereon. "(i) To grant the use of, by franchise, lease, or otherwise, and to make charges for the use of, any property or facili ty owned or controlled by it . "(j) To borrow money upon its bonds or other obligations either with or without security. "(k) To exercise the right of eminent domain . "(1) To det ermin e the exact locati on, s ystem and ch aracte r of, and all other matters in connection with, any and all improvements or facilities which it may be authorized to own, construct, establish, effectu ate, oper ate, or control. "(m) In addition to the foregoing, to exercise the powers, duties, authority, and jurisdiction heretofore conferred and imposed upon the aforesaid Pennsylvania Commission and upon the afore- said New Jersey Interstate Bridge Commission, severally, or upon both of said commissions jointly, by the Commonweal th of Penn- sylvania or the State of New Jersey, or both of the said two States ; and "(n) To exercise all other powers, not inconsistent with the con- stitutions of the two States or of the United States, which may be reas onably neces sary o r inc identa l to t he eff ectuat ion o f its author - ized purposes or to the exercise of any of the foregoing powers, except the power to levy taxes or assessments, and generally to exer- cise, in connection with its property and affairs and in connection with property within its control, any and all powers which might be exercised by a natural person or a private corporation in connec- tion with simila r prop erty and af fairs. "ARTTcuf V "If for any of its authorized purposes (including temporary con- vate property for pb struction purposes), the commission shall find it-necessary or con- lic use. venient to acquire any real property in the Commonwealth of Penn- sylvania or the State of New Jersey, whether for immediate or future use, the commission may find and determine that such prop- erty, whether a fee simple absolute or a lesser interest, is required for public use, and, upon such determination, the said property shall be deemed to be required for a public use until otherwise deter- mined by the commission, and, with the exceptions hereinafter spe- cifica lly note d, the sa id deter mination shall no t be aff ected by the fact that such property has theretofore been taken for or is then devoted to a public use, but the public use in the hands or under the control of the commission shall be deemed superior to the public use in the hands or under the control of any other person, association, or corporation. "If the commission is unable to agree with the owner or owners thereof upon terms for the acquisition of any such real property in I