Page:United States Statutes at Large Volume 55 Part 1.djvu/607

 PUBLIC LAWS-CHS. 284, 285-JULY 9, 1941 Salesofpublications historical photographic materials and sound recordings. The and releases. Archivist may make sales of any such publications and releases authorized by this section and paid for out of the income derived from trust funds at a price which will cover their cost and 10 per centum added, and all moneys received from such sales shall be paid into, administered, and expended as a part of the trust fund account herein provided for. Powers of tNstee. SE. 6. The Board shall have all the usual powers and obligations of a trustee with respect to all property and funds administered by it, but the members of the Board shall not be personally liable, except for malfeasance. Tax-exemption of SEC. 7. Gifts and bequests received by the Board under the pro- visions of this Act, and the income therefrom, shall be exempt from all taxes. Authority ofBoard. SEc. 8. In carrying out the purposes of this Act, the Board shall have authority- (a) To adopt an official seal, which shall be judicially noticed; (b) To appoint, or to authorize the Archivist to appoint, without regard to the civil-service laws, all necessary employees, and to fix their duties; and (c) To adopt bylaws, rules, and regulations necessary for the administration of its functions under this Act. Noaomrpention SEC. 9. No compensation shall be paid to the members of the Administration ex- Board for their services as such members. All costs incurred by the penditures, etc. Board in carrying out its duties under this Act, including the expend- itures necessarily made by the members of the Board in the perform- ance of their duties and the compensation of persons employed by the Board, shall be paid out of income from trust funds available to the Board for the purpose. Unless otherwise restricted by the instrument of gift or bequest, the Board, by resolution duly adopted, may authorize the Archivist to use for such purposes, or for any other purpose or purposes for which funds may be expended under this Act, the principal of any gift or bequest accepted under this Act. Report to Congress. SE. 10. The Board shall submit to the Congress an annual report of the moneys, securities, and other personal property received and held by it and of its operations. Approved, July 9, 1941. [CHAPTER 285] July 9, 1941 [H. R. 4903] [Public Law 1621 Coast Guard sta- tion, Au Sable, Mich. Exchange of land for right-of-way. Description. AN ACT To authorize the Secretary of the Treasury to exchange certain land owned by the United States for a site for a road right-of-way needed for access to the Coast Guard Light Station Reservation, Au Sable, Michigan. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of the Treasury be, and is hereby authorized to exchange all of that certain tract of land west of Hurricane River situated in lot 2, sec- tion 3, township 49 north, range 15 west, Alger County, Michigan, containing two and seventeen one-hundredths acres, more or less constituting a part of the Coast Guard Light Station Reservation, Au Sable, Michigan, for a tract of land for a road right-of-way described as follows: A strip of land sixty-six feet in width and five hundred and five feet in length, more or less, lying thirty-three feet on each side of a center line commencing at a point on the southerly section line of said section 3, forty-five and three-tenths feet true west from the one-quarter post of sections 3 and 10; thence south forty-two degrees no minutes east forty-eight and four-tenths feet; thence around a twenty-five-degree curve to the right, two hundred [55 STAT. 582

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