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 526 Loan protection, etc.

60 Stat. 1062. 7 USC 1001 note. 63 Stat. 43; 50 Stat. 881. 12 USC 1 1 4 8 a - l to 1148a-3; 7 U S e 343f, 343g. 62 Stat. 1038.

7 USC 1017.

PUBLIC LAW 522-JULY 22, 1954

ST A T.

(e) Section 51 of said Act (7 U.S.C. 1025) is amended to read aS follows, except insofar as said section affects title III of the BankheadJones Farm Tenant Act, as amended: "The Secretary is authorized and empowered to make advances to preserve and protect the security for, or the lien or priority of the lien securing, any loan or other indebtedness owing to or acquired by the Secretary under this Act, the Act of August 14, 1946, the Act of April 6, 1949, the Act of August 28, 1937, or the item 'Loans to Farmers, 1948, Flood Damage' in the Act of June 25, 1948, as those Acts are heretofore or hereafter amended or extended; to bid for and purchase at any foreclosure or other sale or otherwise acquire property pledged, mortgaged, conveyed, attached, or levied upon to secure the payment of any such indebtedness; to accept title to any property so purchased or acquired; to operate for a period not in excess of one year from the date of acquisition, or lease such property for such period as may be deemed necessary to protect the investment therein; and to sell or otherwise dispose of such property in a manner consistent with the provisions of section 43 of this Act." Approved July 22, 1954. f Public Law 522

July 22, 1954 [H. R. 7468]

[68

CHAPTER 5 6 3

AN ACT To amend certain provisions of part II of the Interstate Commerce Act so as to authorize regulation, for purposes of safety and protection of the public, of certain motor-carrier transportation between points in foreign countries, insofar as such transportation takes place within the United States.

Be it enacted by the Senate and House of Representatives of the S a f e t y regula- United States of America in Congress assembled, That paragraph (11) tions. of section 203(a) of the Interstate Commerce Act is amended by 64 Stat. 574 49 USC 303 ^^^ adding at the end thereof the following new sentence: "The term (11). "Foreign •"• 'foreign commerce' also includes transportation between places in a merce." foreign country, or between a place in one foreign country and a place in another foreign country, insofar as such transportation takes place within the United States, but only for purposes of the application, to carriers engaged in such transportation, of the following provisions of this part: Section 215 (which relates to insurance for the protec49 USC 315,321, ^iou of the public), section 221 (which relates to designation of an agent for service of process), and those provisions of section 204 which relate to qualifications and maximum hours of service of employees and safety of operation and equipment." 49 Stat. 557. SEC. 2. Section 215 of the Interstate Commerce Act is amended by 49 USC 315. S u r e t y bonds, adding at the end thereof the following sentence: "The Comniission etc. may prescribe, with respect to motor carriers operating within the United States in the course of engaging in transportation between places in a foreign country or between a place in one foreign country and a place in another foreign country, such reasonable regulations concerning security for the protection of the public as the Commission is authorized, by this section, to prescribe for other motor carriers." 49 USC 321(c). SEC. 3. Subsection (c) of section 221 of the Interstate Commerce Act is amended to read as follows: Service of proc"(c) Every motor carrier (including any motor carrier operating ess. within the United States in the course of engaging in transportation between places in a foreign country or between a place in one foreign country and a place in another foreign country) shall also file with the board of each State in which it operates and with the Interstate Commerce Commission a designation in writing of the name and post-office

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