Page:United States Statutes at Large Volume 48 Part 1.djvu/88

 62 73d CONGRESS. SESS. I. CH. 32. MAY 18, 1933 . out its powers successfully, and as far as practicable shall utilize the service s of s uch off icers, agents, and e mployee s, and the Pr esident shall, if in his opinion, the public interest, service, or economy so require, direct that such assistance, advice, and service be rendered to the Corporation, and any individual that may be by the President dire cted to rende r such assista nce, a dvice, and ser vice s hall be there- after s ubject to the orders, rules, and regulat ions of the bo ard Use' of any invention Us ' Provided, That any invention or discovery made by virtue of and or discovery. incidental to such service by an employee of the Government of the, United States serving under this section, or by any employee of the Corporation, together with any patents which may be granted thereon, shall be the sole and exclusive property of the Corporation, which is hereby authorized to grant such licenses thereunder as shall Pay to inventor, e tc. b e authorized by the board : Provided further, That the board may pay to such inventor such sum from the income from sale of licenses as it may deem proper. Sale of explosives to (j) Upon the requisition of the Secretary of War or the Secre- Government ; cost. tary of the Navy to manufacture for and sell at cost to the United States explosives or their nitrogenous content. Allotment of power (k) Upon the requisition of the Secretary of War the Corporation for operating locks, etc. shall allot and deliver without charge to the War Department so much power as shall be necessary in the judgment of said Depart- ment for use in operation of all locks, lifts, or other facilities in aid of navigation. Produce, sell, etc., power. (1) To produ ce, distribut e, and sell e lectric power, as herein Foreign sales of prod- partic ularly specif ied. ucts, (m) No products of the Corporation shall be sold for use outside of the United States, its Territories and possessions, except to the United States Government for the use of its Army and Navy, or to its allies in case of war. President may (ease nitrate plant no . 2 and (n) The President is authorized, within twelve months after the Waco Quarry passage of this Act, to lease to any responsible farm organization or to any corporation organized by it nitrate plant numbered 2 and Waco Quarry, together with the railroad connecting said quarry Term not to e xceed with nitrate plant numbered 2, for a term not exceeding fifty years 50 years . at a rental of not less than $1 per year, but such authority shall Con dit ion be subject to the express condition that the lessee shall use said property during the term of said lease exclusively for the manufac- ture of fertilizer and fertilizer ingredients to be used only in the manufa cture o f fert ilizer by said lesse e and s old for use a s ferti lizer . Lessee to keep prop- The said lessee shall covenant to keep arty in first-class condi- said property in first-class tion ; may mod erni ze, condition, but the lessee shall be authorized to modernize said plant e tc' numbered 2 by the installat ion of such m achinery as ma y be neces- sary, and is authorized to amortize the cost of said machinery and improvements over the term of said lease or any part thereof. Said pl Power for operating lease shall also provide that the board shall sell to the lessee power for the operation of said plant at the same schedule of prices that it charges all other customers for power of the same class and quantity. chase of, from Discretionary Alabanma a Said lease shall also provide that, if the said lessee does not desire to P ower Comp any, etc. buy power of t he publicly o wned plant, i t shall have t he right to purchase its p ower for the operation of said plant of the Alabama Power Company or any other publicly or privately owned corpora- Provision for trans- tion engaged in the generation and sale of electric power, and in mission lines. such case the lease shall provide further that the said lessee shall have a free right of way to build a transmission line over Govern- ment property to said plant paying the actual expenses and damages. o guarant y. etc if any, incurred by the Corporation on account of such line. Said lease shall also provide that the said lessee shall covenant that during the term of said lease the said lessee shall not enter into any