Page:United States Statutes at Large Volume 62 Part 1.djvu/1100

 1070 Army Chief of Staff. June 29, 1948 [I. 1087] [Public Law 805] PUBLIC LAWS-CHS. 696, 703, 704--JUNE 28, 29, 1948 [62 STAT. or general, is temporarily increased accordingly: Provided,That the provisions of this section in no way affect the status of the officer who may be serving as Chief of Staff in the Army on the effective date of this Act. Approved June 28, 1948. [CHAPTER 703] AN ACT To amend section 502 (a) of the Department of Agriculture Organic Act of 1944. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 502 (a) of the Department of Agriculture Organic Act of 1944 (Public Law 425, Seventy-eighth Congress, 58 Stat. 739, 740), as amended by Public 7U.S .. o 90. Law 563, Seventy-eighth Congress (58 Stat. 925), is further amended by inserting after the words "to cooperative associations" the words "and municipalities"; and by inserting after the words "said coopera- tive associations" a comma and the words "and municipalities to the extent that such indebtedness was incurred with respect to electric transmission and distribution lines or systems or portions thereof serving persons in rural areas,". Approved June 29, 1948. [CHAPTER 704] Sune 29, 1948 [S. 1322] [Public Law 806] Commodity Credit Corporation Charter Act. Seal. Right to sue and be sued. Intervention in court action. Time limitatio AN ACT To provide a Federal charter for the Commodity Credit Corporation. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,That this Act may be cited as the "Commodity Credit Corporation Charter Act". SEC. 2. CREATION AND PURPOSES. -For the purpose of stabilizing, supporting, and protecting farm income and prices, of assisting in the maintenance of balanced and adequate supplies of agricultural com- modities, products thereof, foods, feeds, and fibers (hereinafter collec- tively referred to as "agricultural commodities"), and of facilitating the orderly distribution of agricultural commodities, there is hereby created a body corporate to be known as Commodity Credit Corpora- tion (hereinafter referred to as the "Corporation"), which shall be an agency and instrumentality of the United States, within the Department of Agriculture, subject to the general direction and con- trol of its Board of Directors. SEC. 3. OrFICES. -The Corporation may establish offices in such place or places as it may deem necessary or desirable in the conduct of its business. SEC. 4. GENERAL POWERS. - The Corporation- (a) Shall have succession in its corporate name. (b) May adopt, alter, and use a corporate seal, which shall be judi- cially noticed. (c) May sue and be sued, but no attachment, injunction, garnish- ment or other similar process, mesne or final, shall be issued against the Corporation or its property. The district courts of the United States, including the district courts of the District of Columbia and of any Territory or possession, shall have exclusive original jurisdic- tion of all suits brought by or against the Corporation: Provided, That the Corporation may intervene in any court in any suit, action, or proceeding in which it has an interest. Any suit against the Corpo- ration shall be brought in the District of Columbia, or in the district wherein the plaintiff resides or is engaged in business. No suit by or

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