Page:United States Statutes at Large Volume 55 Part 1.djvu/80

 55 STAT.] 77TH CONG. , 1ST SESS.-CHS. 30, 31-MAR. 27, 28, 1941 the Government of the United States by force or violence: Provided, That for the purposes hereof an affidavit shall be considered prima facie evidence that the person making the affidavit does not advocate, and is not a member of an organization that advocates, the overthrow of the Government of the United States by force or violence: Pro- vided further, That any person who advocates, or who is a member of an organization that advocates, the overthrow of the Government of the United States by force or violence and accepts employment the salary or wages for which are paid from any appropriation in this Act shall be guilty of a felony and, upon conviction, shall be fined not more than $1,000 or imprisoned for not more than one year, or both: Provided further, That the above penalty clause shall be in addition to, and not in substitution for, any other provisions of existing law. SEC. 5. This Act may be cited as the "Defense Aid Supplemental Appropriation Act, 1941". Approved, March 27, 1941, 10:50 a. m., E. S. T. [CHAPTER 31] AN ACT To amend the National Housing Act, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the National Housing Act, as amended, is amended by the addition of the following title at the end thereof: "TITLE VI-DEFENSE HOUSING INSURANCE "SEC. 601. As used in this title- "(a) The term 'mortgage' means a first mortgage on real estate, in fee simple, or on a leasehold (1) under a lease for not less than ninety- nine years which is renewable; or (2) under a lease having a period of not less than fifty years to run from the date the mortgage was executed; and the term 'first mortgage' means such classes of first liens as are commonly giveR to secure advances on, or the unpaid purchase price of, real estate, under the laws of the State in which the real estate is located, together with the credit instruments, if any, secured thereby. "(b) The term 'mortgagee' includes the original lender under a mortgage, and his successors and assigns approved by the Administra- tor; and the term 'mortgagor' includes the original borrower under a mortgage and his successors and assigns. "(c) The term 'maturity date' means the date on which the mortgage indebtedness would be extinguished if paid in accordance with peri- odic payments provided for in the mortgage. "(d) The term 'State' includes the several States, and Alaska, Hawaii, Puerto Rico, the District of Columbia, and the Virgin Islands. "SEC. 602. There is hereby created a Defense Housing Insurance Fund which shall be used by the Administrator as a revolving fund for the carrying out of the provisions of this title, and mortgages insured under this title shall be known and referred to as 'defense housing insured mortgages'. For this purpose, the Reconstruction Finance Corporation shall make available to the Administrator such funds as he may deem necessary, not to exceed $10,000,000, and the amount of notes, debentures, bonds, or other such obligations which the Corporation is authorized to issue and have outstanding at any one time under existing law is hereby increased by an amount suffi- March 28, 1941 [H. R. 3575] [Public Law 24] National Housing Aot, amendments. 48 Stat. 1246 ,1265. 12 U. .C. §. 1701- 1733. "Mortgage." "First mortgage." "Mortgagee. " " Mortgagor. " "Maturity date." "State." Defense Housing In- surance Fund. Availability of RFC funds. 55 Provisos. Penalty. Short title.

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