Page:United States Statutes at Large Volume 48 Part 1.djvu/1112

 1086 73d C ONGRESS. SESS. II. CH. 652. JUNE 19, 1934 . LIMITATION ON HOLDING AND TRANSFER OF LICENSES Limitation on hold- SEC. 31 0 . (a) The stat ion license r equired hereb y shall not be ing and transfer of licenses. granted to or held by- Aliens. (1) Any alien or the representative of any alien ; Foreign govern - ments. (2) Any foreign government or the representative thereof ; . Foreign corporations. (3) Any corporation organized under the laws of any foreign government ; Corporation having (4) Any corporation of which any officer or director is an alien alien officer, or of which more than one-fifth of the capital stock is owned of record or voted by aliens or their representatives or by a foreign government or representative thereof, or by any corporation organized under the laws of a foreign country ; Corp oratio n c on- (5) Any corpor ation directl y or indirect ly controlled by any trolled by other corpo- ration having alien other corporation of which any officer or more than one-fourth of officers. the directors are aliens, or of which more than one-fourth of the capital stock is owned of record or voted, after June 1, 1935, by aliens, their representatives, or by a foreign government or repre- sentative thereof, or by any corporation organized under the laws of a foreign country, if the Commission finds that the public interest will be served by the refusal or the revocation of such license. Limitations not ap- Nothing in this subsection shall prevent the licensing of radio ee17ai rcr ft ,etc l v ~ apparatus on board any vessel, aircraft, or other mobile station of the United States when the installation and use of such apparatus is required by Act of Congress or any treaty to which the United States is a party. Rights, etc ., of li- (b) The station license required hereby, the frequencies author- censee not transferable. ized to be used by the licensee, and the rights therein granted shall not be transferred, assigned, or in any manner either voluntarily or involuntarily disposed of, or indirectly by transfer of control of any corporation holding such license, to any person, unless the Com- missi on shal l, aft er secu ring fu ll inf ormatio n, deci de tha t said trans- fer is in the public interest, and shall give its consent in writing. Refusal of licenses and pe rmits. Grounds for. Post, p . 1087. Granting of license not to estop aggrieved p erson. Revocation of license. G rounds for. Ante, p. 1084. REFUSAL OF LICENSES AND PERMITS IN CERTAIN CASES SEC. 311. The Commission is hereby directed to refuse a station license and/or the permit hereinafter required for the construction of a station to any person (or to any person directly or indirectly controlled by such person) whose license has been revoked by a court under section 313, and is hereby authorized to refuse such station license and/or permit to any other person (or to any person directly or indirectly controlled by such person) which has been fina lly adju dged gui lty by a Fed eral cou rt o f un lawf ully mon opol iz- ing or attempting unlawfully to monopolize, radio communication, directly or indirectly, through the control of the manufacture or sale of radio apparatus, through exclusive traffic arrangements, or by any other means, or to have been using unfair methods of compe- tition. The granting of a license shall not estop the United States or any person aggrieved from proceeding against such person for violating the law against unfair methods of competition or for a violation of the law against unlawful restraints and monopolies a nd/or combin ations, con tracts , or a greem ents i n rest raint of trade, or from instituting proceedings for the dissolution of such corporation. REVOCATION OF LICENSES SEC. 312. (a) Any station license may be revoked for false state- ments either in the application or in the statement of fact which may be required by section 308 hereof, or because of conditions