Page:United States Statutes at Large Volume 48 Part 1.djvu/165

 73d CONGRESS. SESS. I. CHS. 70, 71. JUNE 13, 1933 . 139 [CHAPTER 70.] AN ACT June 13,1933. To extend the mining laws of the United States to the Death Valley National 	[H. R. 3659.] Monument in California. [Public, No. 49.] Be it enac ted by the Senate and House o f Representatives of the United States o f America in Congress assembled, That the mining laws of the United States be, and they are hereby, extended to the area included within the Death Valley Nati onal Monum ent in California, or as it may hereafter be extended, subject, however, to the surface use of locations, entries, or patents under general regulations to be prescribed by the Secretary of the Interior. Appro ved, June 13, 1933. Death Valley Na. tio nal Monumen t, Calif. Mining la ws ex- tended to. Subject to surface use, etc. [CHAPTER 71 .] AN ACT To amend an Act entitled "An Act creating the Great Lakes Bridge Commission and author izing said Commissio n and its successors to construct, mainta in, and operate a bridge across the Saint Clair River at or near Port Huron, Michigan", approved June 25, 1930, and to extend the times for commencing and completing construction of said bridge. Be it enac ted by the Senate and House of Rep res ent ati ves of the United States o America in Con ress assembled, That section 4 o rear Lakes Bridge f g ~ Cmmissio n Act of an Act entitled "An Act creating the Great Lakes Bridge Com- amendments . Vol . 48, p . sl SIC t, and authorizing said Commission and its successors to con- ame nde d . struct, maintain, and operate a bridge across the Saint Clair River at or near Port Huron, Michigan ", approved June 25, 1933,' be, and the same is hereby, amended so as to read as follows : Bond issue to cover " SEC. 4 . The Commission and its successors and assigns are cost . hereby authorized to provide for the payment of the cost of the bridge and its approaches and the ferry or ferries and the necessary lands, easements, and appurtenances thereto by an issue or issues of bonds of th e Comm issio n, upo n appr oval b y the Michi gan Pu blic Utilities Commission, bearing interest at not more than 6 per centum Interest, maturity, etc . per annum, payable annually or at shorter intervals, maturing not more than thirty years from their date of issuance, such bonds and the interest thereon, and any premium to be paid for retirement thereof before maturity, to be payable solely from the sinking fund provided in accordance with this Act . Such bonds may be register- able as to principal alone or both principal and interest, and shall be in such form not inconsistent with this Act, and be payable at such place or places as the Commission may determine. The Com- mission may repurchase and may reserve the right to redeem all or any of said bonds before maturity at prices not exceeding one hundred and five and accrued interest. The Commission may enter into an agreement with any bank or trust coinpany in the United States as trustee having the power to make such agreement, setting forth the duties of the Commission in respect of the construction, maintenance, operation, repair, and insurance of the bridge and/or the ferry or ferries, the conservation and application of all funds, the safeguarding of moneys on hand or on deposit, and the rights and remedies of said trustee and the holders of the bonds, restricting the individual right of action of the bondholders as is customary in trust agreements respecting bonds of corporations. Such trust agreement may contain such provision for protecting and enforcing the rights and remedies of the trustee and the bondholders as may be reasonable and proper and not inconsistent with the law and also a provisi on for approva l b y the original purchaser s of the bonds I So in original, June 13, 1933. _ [H.R .5495 .] [Public, No. 50.1 Registering bonds. Redemption, etc. Trust agreement.