Page:United States Statutes at Large Volume 48 Part 1.djvu/1135

 73d C ONGRESS. SESS. II. CH. 653. JUNE 19, 1934. 1109 `~ The power to make loans given herein shall terminate on Janu- t Terminati°n of power ary 31, 1935, or on such earlier date as the President shall by proclamation fix ; but no provision of law terminating any of the functions of the Corporation shall be construed to prohibit disburse- afDron seentt ~ t- ment of funds on loans and commitments, or agreements to make me ats, loans, made under this section prior to January 31, 1935, or such earlier date ." SEC . 6 . (a) Section 882 of the Revised Statutes (U.S.C., title 28, Ls:C.', pe.o2' p .167; see . 661) is amended to read as follows : follows : 46 SE C. 882 . (a) Copies of any books, records, or other Copies of record ., papers, et c. ; admicsion as evi- documents in any of the executive departments, or of any corpora- denoe . tion all of the stock of which is beneficially owned by the United States, eithe r dire ctly o r indi rectly, shall be ad mitted in ev idence equally with the originals thereof, when duly authenticated under the seal of such department or corporation, respectively . "(b) Books or records of account in whatever form, and minutes (or po rtions there of) of proce edings, of an y such execu tive d epart- ment or corporation, or copies of such books, records, or minutes authenticated under the seal of such department or corporation, shall b e admi ssible as ev idence of an y act, transa ction, occur rence, or event as a memorandum of which such books, records, or minutes were kept or made. "(c) The seal of any such executive department or corporation seal . shall be judicially noticed ." (b) Section 4 of the Reconstruction Finance Corporation Act, as n cc Reconstruction Corporation Fl. amended (U.S.C., Supp . VII, title 15, sec . 604), is amended by Vol. 47, p.7; seal to inserting immediately before the semicol on following the words be judicially noticed. " corporate seal " a comma and the words " which shall be judicially noticed ". SEC. 7. Section 1001 of the Revised Statutes, as amended (U.S.C., U S.C..,p.ii45a .,1,p . 187 ; title 28, sec . 870), is amended by inserting immediately after the Bond in error and on appeal . word " Government " the following : " or any corporation all the when not required . stock of which is beneficially owned by the United States, either directly or indire ctly ". SEC. 8. The Reconstruction Finance Corporation Act, as amended s Vol. viIpp g ss6. (U.S.C ., Supp . VII, title 15, ch . 14), is further amended by inserting after section 5a thereof the following new section " SEC. 5 b . No twit hstan ding any other prov ision of law- "(1) The maturity of drafts or bills of exchange which may be involving n Acceptance on accepted by the Corporation under section 5a of this Act, and the of products. Maturities. period for which the Corporation may make loans or advances under vol. 47, p. 711. sections 201 (c) and 201 (d) of the Emergency Relief and Construc- tion Act of 1932, as amended, and under section 5 of this Act, may be five years, or any shorter period, from February 1, 1935 : Provided Proviso. > Con dit ion on lo ans That in r espect of loans or advances under su ch sectio n 5 to ra ilroads, to railr oads, railw ays, and r ecei vers or tr uste es th ereof, the Cor porat ion m ay Ante, p. 1108. require as a condition of making any such loan or advance for a period longer than three years that such arrangements be made for the red uction or am ortiza tion o f the indebte dness of the railr oad or railway, either in whole or in part, as maybe approved by the Cor- poration after the prior approval of the Interstate Commerce Commission. Extension, time of (2) The Corporation may at any time, or from time to time, payment, extend, or consent to the extension of, the time of payment of any loan or advance made by it, through renewal, substitution of new oblig ation s, or oth erwis e, bu t th e tim e for such pay ment shall not mo o. be extended beyond five years from February 1, 1935 : Provided. Approval required, That the time of payment of loans or advances to railroads, rail- loans to railroads. ways, and receivers or trustees thereof, shall not be so extended