Page:United States Statutes at Large Volume 54 Part 1.djvu/267

 54 STAT.] 76TH CONG., 3D SESS.-CHS. 239, 240-JUNE 6, 1940 members for the duties of citizenship and to encourage them to serve as ably as citizen as they have served the Nation under arms; and (f) to maintain true allegiance to American institutions. SEC. 3. That the corporation (a) shall have perpetual succession; (b) may charge and collect membership dues and receive contri- butions of money or property to be devoted to carrying out the purposes of the organization; (c) may sue or be sued; (d) may adopt a corporate seal and alter it at pleasure; (e) may adopt and alter bylaws not inconsistent with the Constitution and laws of the United States or of any State; (f) may establish and maintain offices for the conduct of its business; (g) may appoint or elect officers and agents; (h) may choose a board of trustees, consisting of not more than fifteen persons nor less than five persons, to conduct the business and exercise the powers of the corporation; (i) may acquire, by purchase, devise, bequest, gift, or otherwise and hold, encumber, convey or otherwise dispose of such real and per- sonal property as may be necessary or appropriate for its corporate purposes; and (j) generally may do any and all lawful acts neces- sary or appropriate to carry out the purposes for which the corporation is created. SEC. 4. That the corporation shall, on or before the 1st day of December in each year, transmit to Congress a report of its pro- ceedings and activities for the preceding calendar year, including the full and complete statement of its receipts and expenditures. Such reports shall not be printed as public documents. SEC. 5. That the right to alter, amend, or repeal this Act at any time is hereby expressly reserved. Approved, June 6, 1940. [CHAPTER 240] AN ACT 233 Corporate powers, etc. Report to Congress. Amendment, etc. June 6, 1940 To authorize the conveyance of the United States Fish Hatchery property at [. R. 6481] Put in Bay, Ohio, to the State of Ohio. [Public, No. 6471 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of the Interior is hereby authorized to convey at any time within three years of the effective date of this Act to the State of Ohio, for the use of the Ohio State University in its research program, what is known as the United States Fish Hatchery property at Put in Bay, in Ottawa County, Ohio, consisting of one and sixty-nine one hundredths acres, more or less, of land, together with the improvements thereon, said hatchery being no longer maintained and operated by the United States Bureau of Fisheries. SEC. 2. Such conveyance shall contain the express condition that if the State of Ohio shall at any time cease to use the property as above-prescribed, or shall alienate or attempt to alienate such prop- erty, or shall fail to perform any contract entered into with the United States for the transfer of the property, title thereto shall revert to the United States foi the use of the Department of the Interior, or other agencies of the United States, or for disposal under the Act of August 27, 1935 (49 Stat. 885; U. S . C., 1934 edition, title 40, sec. 304a), or under the Act of August 26, 1935 (49 Stat. 800; U. S . C., 1934 edition, title 40, sec. 345b). Approved, June 6, 1940. Ohio. ('onveyance of cer- tain land to, for use of Ohio State Univer- sity. Reversionary pro- vision. 40 U. S. C., Supp. V, §§ 304a, 345b.

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