Page:United States Statutes at Large Volume 66.djvu/651

 66 S T A T. ]

605

PUBLIC LAW 533-JULY 14, 1952

mortgage covering the same property executed in substitution therefor, is otherwise eligible for insurance under section 908." SEC. 14. Section 610 of the National Housing Act, as amended, is amended by adding at the end thereof the following new paragraph: "The Commissioner is further authorized to insure or to make commitments to insure under section 608 of this title in accordance with the provisions of this section any mortgage executed in connection with the sale by a State or municipality, or an agency, instrumentality, or body politic of either, of any permanent housing (including any property acquired, held, or constructed in connection therewith or to serve the inhabitants thereof), constructed by or on behalf of such State, municipality, agency, instrumentality, or body politic, for the occupancy of veterans of World W a r II, their families, and others: Provided, That the principal obligation of any such mortgage does not exceed either 85 per centum of the appraised value of the mortgage property as determined by the Commissioner or $8,100 per family unit for such part of such property as may be attributable to dwelling use." Approved July 14, 1952. Public Law 532

12 USC 1743.

CHAPTER 724

AN ACT Granting jurisdiction to the Court of Claims to hear, determine, and render judgment upon certain claims. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the United States Court of Claims be, and hereby is, given jurisdiction to hear, determine, and render judgment, notwithstanding any statute of limitations, laches, or lapse of time, on the claim of any owner or operator of a gold mine or gold placer operation for losses incurred allegedly because of the closing or curtailment or prevention of operations of such mine or placer operation as a result of the restrictions imposed by War Production Board Limitation Order L-208 during the effective life thereof: Provided, That actions on such claims shall be brought within one year from the date this Act becomes effective. Approved July 14, 1952.

Public Law 533

61 Stat, 777. 12 USC 1745.

July 14. 1952 [S. 3^95]

Claims of goldmine owners, etc.

CHAPTER 725

AN ACT To amend the Federal Deposit Insurance Act so as to require the insurance of deposits payable at branches of insured banks in Puerto Rico. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That in order to insure more adequate protection of Puerto Rican depositors by terminating the right of any insured bank, having its principal place of business in any of the States of the United States or in the District of Columbia which maintains a branch in Puerto Rico, to elect to exclude from insurance under the Federal Deposit Insurance Act its deposit obligations which are payable only at such branch, section 3 (1) of the Federal Deposit Insurance Act, as amended (12 U.S.C. 1813 (1)), is hereby amended by striking out "Puerto Rico," from the second proviso thereof. Approved July 14, 1952.

July 14, 1952 [H. R. 5120]

Federal Deposit Insurance Act, amendment.

64 Stat. 874.

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