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PUBLIC LAW 323-APR. 17, 1952

STAT.]

city of Boston, and the Commonwealth of Massachusetts shall have paid the United States the cost of such substitute facilities including the cost of constructing a ramp to the second-floor level of said Garage Building 204 and of any alterations to said garage building necessary in connection therewith. The Secretary of the Navy is authorized to enter into such preliminary contract or agreement as may be necessary and appropriate to effectuate the purposes of this Act. Approved April 17, 1952.

Public Law 322

CHAPTER 214 AN ACT To amend the Federal Credit Union Act.

April 17, 1952 [S. 2447]

Be it enacted by the Senate and House of Representatives of the F e e r a Credit United States of America in Congress a>ssembled^ That the second Uniond Act,l amendsentence of section 5 of the Federal Credit Union Act (12 U.S.C. ment. sec. 1755) is hereby amended to read as follows: "Not later than 48 Stat. 1216. January 31 of each calendar year, each Federal credit union shall pay to the Bureau of Federal Credit Unions, for the preceding calendar year, a supervision fee in accordance with a graduated scale prescribed by regulation on the basis of assets as of December 31 of such preceding year, but such fee shall in no event be less than $10 nor (subject to such minimum) more than the amounts specified in the following table: Provided, however, That no such annual fee shall be payable by such an organization with respect to the year in which its charter is issued or the year in which final distribution is made in liquidation of the credit union or the charter is otherwise canceled. "Total assets

Maximum fee

$500,000 or less 30 cents per $1,000. Over $500,000 and not over $150, plus 25 cents $1,000,000. $500,000. Over $1,000,000 and not over $275, plus 20 cents $2,000,000. $1,000,000. Over $2,000,000 and not over $475, plus 15 cents $5,000,000. $2,000,000. Over $5,000,000 $925, plus 10 cents $5,000,000."

per $1,000 in excess of per $1,000 in excess of per $1,000 in excess of per $1,000 in excess of

SEC. 2. The amendment made by section 1 of this Act shall apply to supervision fees payable with respect to the calendar year 1952 and subsequent calendar years. Approved April 17, 1952.

Public Law 323

Applicability.

CHAPTER 215 JOINT RESOLUTION

To designate the lake to be formed by the waters impounded by the Wolf Creek Dam in the State of Kentucky as Lake Cumberland.

Resolved by the Senate and House of Representatives of the United' States of America in Congress assembled, That the lake to be formed by the waters impounded by the Wolf Creek Dam in the State of Kentucky shall hereafter be known as Lake Cumberland, and any law, regulation, document, or record of the United States in which such lake is designated or referred to shall be held to refer to such lake under and by the name of Lake Cumberland. Approved April 17, 1952.

April 17, 1952 [H. J. R e s. 359]

Lake C u m b e r land, Ky.

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