Page:United States Statutes at Large Volume 49 Part 1.djvu/561

 516 74T H CONGRESS. SESS. I. CHS. 434 136. AUGUST 3, 1935 . Cont racts for sale of SEC. 6. The c ity of Anchorag e is he reby aut horized to ente r into bonds. contracts with the United States of America or any agency or instru- mentality thereof under the provisions of the National Industrial Recovery Act and Acts amendatory thereof and Acts supplemental thereto, and revisions thereof, and the regulations made in pursuance thereof, and under any further Acts of the Congress of the United States to encourage public works, for the relief of unemployment, or for any other public purpose, including the Emergency Relief Appro- priation Act of 1935, for the sale of bonds issued in accordance with the provisions of this Act, or for the acceptance of a grant of money to aid said municipality in financing any public works ; or to enter into contracts with any persons or corporations, public or private, Ter ms and con di- for the sale of such bonds ; and such contracts may contain such faons. terms and conditions as may be agreed upon by and between the common council of said city of Anchorage and the United States of America or any agency or instrumentality thereof, or any such purchaser. SEC. 7. This Act shall take effect immediately. Approved, August 3, 1935. [CHAPTER 435 .] AN ACT Au gust 3, 1935. [H. R. 8209.1 Temporarily to exempt refunding bonds of the Government of Puerto Rico from [Public, No. 236.] the limitation of public indebtedness under the Organic Act. Be it enacted by the Senate and House of Representatives of the Puerto Rico ; bonds. United States o f America in Congress assembled, That any bonds Exemption from in- ,elusion in computing or other obligations of Puerto Rico hereafter issued for the purpose public indebtedness, of retiring previously outstanding bonds or obligations shall not be inclu ded in c omputin g the pu blic in debtedne ss of P uerto Ri co unde r Vol. 39, p. 953. section 3 of the Organic Act approved March 2, 1917, as amended, U.S.C.,p.2163. until six months after their issue. Approved, August 3, 1935. [CHAPTER 436 .] AN ACT Au gust 3, 1935. [H. R.8270.] To enable the Legislature of the Territory of Hawaii to authorize the issuance of [Public, No. 237 .] certain bonds, and for other purposes. Be it enacted by the Senate and House o f Representatives o f the Hawaii. United States o f America in Congress assembled, That the Legis- Authority of Legis- lature to permit bond lature of the Territory of Hawaii may cause to be issued on behalf issues. of th e Territ ory and may aut horize any poli tical o r munici pal cor - poration or subdivision of the Territory (including the board of water supply of the city and county of Honolulu, and the board of harbor commissioners) to issue of its own behalf bonds and other obligat ions pay able so lely fro m the r evenues derived from a public improvement or public undertaking (w hich revenues may incl ude transfers by agreement or otherwise from the regular funds of the issuer in respect of the use by it of the facilities afforded by such improvement or undertaking). The issuance of such revenue bonds shall not constitute the incurrence of an indebtedness within the meaning of the Hawaiian Organic Act, and shall not require the approval of the President of the United States. acts ~g u~ All Acts of the Legislature of Hawaii heretofore authorizing the issuance of revenue bonds on behalf of the Territory or by any political or municipal corporation or subdivision thereof are hereby confirmed and ratified.