Page:United States Statutes at Large Volume 65.djvu/357

 65 STAT.]

323

PUBLIC LAW 148—SEPT. 15, 1951

escorts to France, two destroyer escorts to Denmark, three destroyer escorts to Peru, and two destroyer escorts to Uruguay is authorized under the provisions and limitations contained in the Mutual Defense Assistance Act of 1949, as amended. SEC. 2. Notwithstanding the provisions of section 4 of Public Law 3, Eighty-second Congress, approved March 10, 1951, the transfer of eight destroyer escorts to Brazil, one destroyer escort to Great Britain, and six destroyer escorts to France is authorized under the provisions and limitations contained in the Mutual Defense Assistance Act of 1949, as amended: Provided, That the destroyer escorts, the transfer of which is authorized by this section, are on the date of approval of this Act in the possession of the Governments named in this section under agreements made pursuant to an Act to promote the defense of the United States, approved March 11, 1941, as amended. Approved September 15, 1951.

Public Law 147

1571

55 Stat. 31. 22 U.S.C. §411 note.

CHAPTER 402

AN ACT To amend section 125 of the National Defense Act to provide that distinctive marl£ or insignia shall not be required in the uniforms worn by members of the National Guard of the United States, both Army and Air. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 125, National Defense Act (39 Stat. 216), as amended, be further amended by deleting after the word "by" in the second proviso the words "officers or enlisted men of the National Guard, or by". Approved September 15, 1951.

Public Law 148

63 Stat. 714. 22 U.S.C. note.

September 15, 1951 [H. R. 4113]

10 U.S.C. § 1393.

CHAPTER 404

AN ACT To provide that certain functions of the Comptroller of the Currency which relate to building associations organized in, or doing business in, the District of Columbia shall hereafter be performed by the Home Loan Bank Board, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 691 of the Act of March 3, 1901, entitled "An Act to establish a code of law for the District of Columbia", as amended (D. C. Code, sec. 26-404), is hereby amended— (1) by striking out "the Comptroller of the Currency, in addition to the powers conferred upon him by law for the examination of national banks, is further authorized, whenever he may deem it useful", and by inserting in lieu thereof "the Home Loan Bank Board is authorized, whenever such Board may deem it useful"; (2) by striking out "not exceed the sum of twenty-five dollars for the first five hundred thousand dollars or fractional part thereof of assets and the sum of ten dollars for each additional two hundred and fifty thousand dollars or fractional part thereof of assets, and"; (3) by striking out "The said comptroller shall also have power to take possession of any company or association whenever in his judgment it is insolvent or is knowingly violating the laws under which such company is incorporated, and to liquidate the same in

September 15, 1951 [H. R. 3957]

District of Columbia. Home L o a n Bank Board. 31 Stat. 1299.

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