Page:United States Statutes at Large Volume 48 Part 1.djvu/145

 73d CONGRESS. SESS. I. CHS. 53, 55. JUNE 9, 10, 1933 . 119 [CHAPTER 53.] AN ACT June 9, 1933. Amending section 1 of the Act entitled "An Act to provide for stock-raising	[S.604.] homesteads, and for other p urposes", approved December 29, 1916 (ch . 9, [Public, No . 34 .] par. 1, 39 Stat . 862), and as amended February 28, 1931 (ch . 328, 46 Stat. 1454). Be it enacted by the Senate and House of Representatives of the United State s of America in Congress a ssembled, That section 1 of the Act entitled "An Act to provide for stock-raising homesteads, and for other purposes ", approved December 29, 1916 (ch . 9, par . 1, 39 Stat . 862), and as amended February 28, 1931 (ch. 328, 46 Stat. 1454), be amended to read as follows "From and after December 29, 1916, it shall be lawful for any person qualified to make entry under the homestead laws of the Unite d Stat es to make a stoc k-rais ing ho meste ad entry for not exceeding six hundred and forty acres of unappropriated unreserved public lands in reasonably compact form : Provided, however, That the land so entered shall theretofore have been designated by the Secretary of the Interior as ` stock-raising lands ' : Provided further, That for the purposes of this section lands withdrawn or reserved solely as valuable for oil or gas shall not be deemed to be appro- priated or reserved : Provided further, That the provisions of this sectio n shall not a pply to naval petrol eum res erves a nd nav al oil- shale reserves : And provided further, That should said lands be within the limits of the geological structure of a producing oil or gas field entry can only be allowed, in the discretion of the Secretary of the Interior, in the absence of objection after due notice by the lessee or permittee, and any patent therefor shall contain a reservation to the United States of all minerals in said lands and the right to prospect for, mine, and remove the same ." Appro ved, June 9, 1933 . [CHAPTER 55 .] AN ACT Be it enacted by the Senate and House of Representatives of the United States o f America in Congress assembled, That during the continuance of the existing emergency heretofore recognized by Public No . 1 of the 73d Congress or until this Act shall be declared no longer operative by proclamation of the President, and notwith- standing any other provision of any other law, if, in the opinion of the cret ary of the Treasu ry, an y insu rance compa ny of any State of the United States is in need of funds for capital purposes either in connection with the organization of such company or other- wise, he may, with the approval of the President, request the Recon- struction Finance Corporation to subscribe for preferred stock of any class, exempt from assessment or additional liability, in such insurance company, or to make loans secured by such stock as col- lateral, and the Reconstruction Finance Corporation may comply wit h such reques t. The Reconstruction Finance Corporation may, with the approval of the Secretary of the Treasury and under such rules and regulations as he may prescribe, sell in the open market the whole or any part of the preferred stock of any such insurance company acquired by the corporation pursuant to this section. The total face amount of loans outstanding, preferred stock subscribed for, and capital notes purchased and held by the Reconstruction Public lands Sto ckr ais ing home- stead entries. Vol. 39, p. 862; Vol.46,p. 1454. U S.C.,p.1348; Supp. VI, p. 778 . Ent ry on unappro- priated, etc ., lands. Area. Pro vis os. Cla ssi fi cat ion of lands. Oil and gas lands available. Naval petroleum re- serves, etc ., excluded. Lands withi n geo- logical structure. June 10, 1933. To authorize the Reconstruction Finance Corporation to subscribe for preferred [s .1094 .] stock and purc hase the capital not es of insurance comp anies, and for other purposes. [Public, No. 35.] In surance co mpa- nies. R econs truc tion Fi- nance Corporation may subscribe to non- as sessable pre ferred stock of; make loans to. Ante, p.1. Approval of Presi- dent required. Su bsequent re sale authorized. Restriction on total face value of Corpora- tion's holdings .