Page:United States Statutes at Large Volume 56 Part 1.djvu/322

 PUBLIC LAWS-CH. 318-MAY 16, 1942 Personal pecuniary "(c) After the expiration of six months from the date of enactment interests. of this part it shall be unlawful for any director, officer, employee, or Stat. 899,919,99 . agent of any common carrier subject to part I, II, or III of this Act 49 U.S.C., chs. 1,8, 12. ' or of any person controlling, controlled by, or under common control Ae, 7P4^76; pot with such a common carrier, in his or their own personal pecuniary interest, to own, lease, control, or hold stock in, any freight forwarder, directly or indirectly; but this subsection shall not forbid or preclude the holding of a director's qualifying shares of stock from which no personal pecuniary benefit is derived by the holder. investigations. "(d) The Commission is hereby authorized, upon complaint, or upon its own initiative without complaint, but after notice and hear- ing, to investigate and determine whether any person is violating the Acton t ncrevoen provisions of subsection (a), (b), or (c). If the Commission finds rons. after such investigation that such person is violating any of such pro- visions, it shall by order require such person to take such action as may be necessary, in the opinion of the Commission, to prevent continuance of such violation. The provisions of this subsection shall be in addi- tion to, and not in substitution for, any other enforcement provisions contained in, or applicable for purposes of enforcement of, this part. vioisatio o renpet " (e) The district courts of the United States shall have jurisdiction obedience. upon the complaint of the Commission, alleging a violation of any of the provisions of subsection (a), (b), or (c) or disobedience of any any order issued by the Commission thereunder by any person, to issue such writs of injunction or other proper process, mandatory or other- wise, as may be necessary to restrain such person from violation of such provision or to compel obedience to such order. Supplemental or- ders. mentl o- The Commission may from time to time, for good cause shown, make such orders supplemental to any order made under the foregoing provisions of this section as it may deem necessary or appropriate. Control by desig- at natedconmnoncarriers (g) Nothing in this Act shall be construed to make it unlawful "ofSUnl . 99 for any common carrier subject to part I, II, or III of this Act, or 49 u.s ..,chs.8, any person controlling such a common carrier, to have or to acquire Ante, p. 7; post, control of a freight forwarder or freight forwarders; and, in any case pp. 300, 746. where such control exists, no rate, charge, classification, rule, regula- tion, or practice of the common carrier or of any freight forwarder controlled by such common carrier, or under common control with such common carrier, shall be held to be unlawful under any provision of this Act because of the relationship between such common carrier and such freight forwarder. cACCOUNTS, RECORDS, AND REPORTS Authority of Com- mission. Uniform system of accounts. Filing of contracts, etc. "SEC. 412. (a) For purposes of administration of the provisions of this part, the Commission is hereby authorized to require annual, periodical, or special reports from freight forwarders, and to pre- scribe the manner and form in which such reports shall be made, and to require from such forwarders specific, full, true, and correct answers to all questions upon which the Commission may deem infor- mation to be necessary. Such annual reports shall give an account of the affairs of the freight forwarder in such form and detail as may be prescribed by the Commission. The Commission may, in its discretion, for purposes of administration of the provisions of this art, prescribe a uniform system of accounts applicable to freight forwarders, and the period of time within which they shall have such uniform system of accounts, and the manner in which such accounts shall be kept. The Commission may also require any such forwarder to file with it a true copy of any contract or agreement between such forwarder and any person in relation to transportation facilities, service, or traffic affected by the provisions of this part. [56 STAT. 294

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