Page:United States Statutes at Large Volume 55 Part 1.djvu/279

 254 PUBLIC LAWS-CHS. 211, 212 -JUNE 21, 1941 [55 STAT. Seward at a reasonable price, and the purchase shall be approved by the holder or holders of not less than 75 per centum in principal amount of electric revenue bonds of said town outstanding on the date of approval by said bondholders, and by a majority of the quali- fied electors of the town of Seward voting upon the question at a regular election or at a special election called and held for that purpose within ninety days after the formal submission of said offer, the town of Seward is hereby authorized and empowered (a) to acquire said property, and to pay the agreed purchase price thereof; maintenaon and (b) to operate and maintain all or any part thereof for its own use and benefit and for the use and benefit of public and private con- sumers or users within and without the territorial boundaries of said town, as an integral part of the municipal electric system of said Bond issue. town; (c) to issue its bonds to finance in whole or in part the cost Rates, fees, etc. Of acquiring said property; (d) to prescribe and collect rates, fees, tolls, or charges for the services, facilities and commodities furnished Use of revenues to in connection with the operation of said property; (e) to pledge to the punctual payment of said bonds and interest thereon all or any part of the gross or net revenues from the operation of said property, separately or in conjunction with property heretofore acquired by said town (including improvements, betterments, or extensions thereto Restrition on prin- hereafter constructed or acquired) : Provided further, That the prin- cipal amount of bonds authorized under the foregoing provisions of this section shall in no event be in excess of the purchase price stated in the offer and all proceedings for the issuance and sale of said bonds shall be submitted to and approved by the holder or holders of not less than 75 per centum in principal amount of aforesaid electric revenue bonds of said town outstanding on the date of such approval: qRefunding and ae Providedfurther, That said town may, upon consent of the holder or holders of not less than 75 per centum in principal amount of bonds of said town issued under this Act and outstanding on the date of such consent, issue its refunding and acquisition bonds in the aggre- gate principal amount of bonds to be refunded and such additional principal amount as the probable revenues from the operation of the Interest. combined systems will reasonably justify. Refunding and acquisition bonds, if issued, shall bear interest not exceeding 4 per centum per annum; otherwise they shall be issued in compliance with other bond provisions contained in this Act." Repeals. SE. 2. All Acts and parts of Acts in conflict herewith are hereby repealed to the extent of such conflict. Approved, June 21, 1941. [CHAPTER 212] AN ACT oune 21, 1941 [H. R. 2844] To provide for the transportation home of persons who have been arrested and [Public Law 116] subsequently released without conviction or convicted and placed on probation Be it enacted by the Senate and House of Representatives of the u.s . courts. United States of America in Congress assembled, That the Act of July 3, 1926 (ch. 795, 44 Stat. 901 (U. S . C., title 18, sec. 746)), be, and the same is hereby, amended by adding thereto the following sections: Transportation of "SE. 2. On the release from custody of any person who has been persons released with- - w out conviction. arrested on a charge of violating any law of the United States or of the Territory of Alaska, and who has not been convicted of such charge, other than a person admitted to bail, the court having juris- diction of the trial of the case, including cases where arrests have been made and no indictment returned, in its discretion may direct the United States marshal for the district wherein he is released, pursuant to regulations that may be promulgated by the Attorney

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