Page:United States Statutes at Large Volume 50 Part 1.djvu/758

 75TH CONGRESS, 1sT SESSION-CH. 720-AUGUST 20, 1937 733 stations, and facilities and structures appurtenant thereto, as the administrator finds necessary or appropriate to carry out the pur- poses of this Act. Title to all property and property rights acquired Title. by the administrator shall be taken in the name of the United States. ( d) The adm inistrator shall have power to acquire an y property or Eminent domain. property rights, including patent rights, which in his opinion are necessary to carry out the purposes of this Act, by the exercise of the right of eminent domain and to institute condemnation proceed- ings therefor in the same manner as is provided by law for the con- demnation of real estate. ( e) The adminis trator is auth orized, in th e name of the United Dispo sal of pe rsonal States, to sell, lease, or otherwise dispose of such personal property p roperty. as in his judgment is not required for the purposes of this Act and such rea l property and intere sts in lan d acquired in connec tion with Real property, etc. construction or operation of electric transmission lines or substations as in his judgment are not required for the purposes of this Act Provid ed, how ever, That before th e sale, lease, or d isposition of real Precise. property or transmission lines, as herein provided, the administrator Approval. shall secure the approval of the President of the United States. (f) Subject to the provisions of this Act, the administrator is Contracts, etc ., un- authoriz ed, in the name of th e United S tates, to negotiate and enter thon zed. into such contracts, agreements, and arrangements as he shall find necessary or appropriate to carry out the purposes of this Act. SEC. 3. As employed in this Act, the term "public body", or "public bodies", means Sta tes, public power dis tricts, co unties, an d munici- palities, inclu ding agencies or su bdivisions of any th ereof. As employed in this Act, the term "cooperative", or "cooperatives", "Cooperative means any form of non-profit-making organization or organizations "cooperatives" e of citizens supplying, or which may be created to supply, members with any kind of goods, commodities, or services, as nearly as possible at cost . SEC . 4 . (a) In order t o insure that the f acilities for the g eneration Disposal of power ; of electric energy at the Bonneville project shall be operated for prefe rences, et c' the benefit of the general public, and particularly of domestic and rural consumers, the administrator shall at all times, in disposing of electric ene rgy generated at sa id project, give pre ference and priorit y to publ ic bodies and cooper atives . (b) To preserve and protect the preferential rights and priorities sale to public bodies and cooperatives ; of public bodies and cooperatives as provided in section (a) and to amou nt avail able . effectuate the intent and purpose of this Act that at all times up to January 1, 1 941, there shall be available for sale to public bodies an d cooperatives not less than 50 per centum of the electric energy produced at the Bonneville project, it shall be the duty of the admin- istrator in making contracts fo r the sale of such, energy to so arrang e such contracts as to make such 50 per centum of such energy available to s aid p ublic bodi es and coop erati ves u ntil Januar y 1, 1941

Provi ded, Tha t the elec tric energy so reserv ed for but not actua lly Disposal of unused purchased by and delivered to such public bodies and cooperatives reserve. prior to Jan uary 1, 1941, may be dispos ed of t emporar ily so long as such temporary disposition will not interfere with the purchase by and delivery to such public bodies and cooperatives at any time prior to January 1, 1941 : Provide d furth er, That nothing herein Preferential rights contain ed shall b e construe d to limit or impair the prefe rential and after January 1, 1941. priority rights of such public bodies or cooperatives after January 1, 1941 ; and in the e vent that after such date there shall b e conflict- ing or competing applications for an allocation of electric energy between any public body or cooperative on the one hand and a priva te agen cy of any cha racter on the other, the app licatio n of such pub lic body o r cooperati ve shall b e granted. Te rms def ined. "Pub lic body"; "public bodies".