Page:United States Statutes at Large Volume 68 Part 1.djvu/560

 528

U. S. S. Olympia and Oregon, Donation application.

Transfer. Terms and conditions.

Disapproved donations. Disposal.

Parts' s a l e, etc.

Repeal. Contribution re • turn, e t c.

PUBLIC LAW 5 2 3 - J U L Y 23, 1954

[68

ST AT.

of this Act, the transferor having been willing and ready to make delivery and having offered delivery, the transferee shall lose all rights and interest in the vessel; (d) Each transferee shall agree to maintain the vessel in a condition satisfactory to the Department of the Navy; and (e) After delivery, the transferor shall make no further expenditures for maintenance of the vessel transferred. SEC. 5. The Secretary of the Navy is directed to retain title and custody of, and to maintain the United States ships Olympia and Oregon for a period of six months after enactment of this Act, during which period any of the several States, Territories, or possessions of the United States and political subdivisions, or municipal corporations thereof, the District of Columbia, Canal Zone, or corporations or associations whose charter or articles of agreement denies them the right to operate for profit, may apply for donation of either or both of these vessels for restoration as a public memorial or memorials. The Secretary is authorized to transfer such vessel or vessels to the aforementioned applicants under such terms and conditions as he shall prescribe. If within one year from the enactment of this Act any transferee has not taken delivery of the vessel or vessels named in this section for which his application for donation has been approved, the transferor having been willing and ready to make delivery and having offered delivery, then said transferee shall lose all rights and interest in said vessel or vessels and the Secretary of the Navy may dispose of it in the manner he would if the application had not been received. Each transfer agreement shall include a stipulation that the transferee shall maintain the vessel in a condition satisfactory to the Navy Department and that no expense shall result to the United States as a consequence of such transfer or as a consequence of such terms and conditions prescribed by the Secretary of the Navy. SEC. 6. Upon expiration of the one year period specified in section 5 of this Act, the Secretary of the Navy is authorized to dispose of each of the vessels specified in section 5 hereof, for which an application for donation has not been approved by the Secretary. Any such vessel may be disposed of by sale or by scrapping, in the discretion of the Secretary. Any parts of historical interest may be removed from these ships prior to sale or scrapping and retained by the Department of the Navy, or, in the discretion of the Secretary of the Navy, loaned or donated to such nonprofit historical or educational institutions as he may select. SEC. 7. The Secretary of the Navy is further authorized, prior to any sale or scrapping oi the United States ships Olympia and Oregon, to sell, under such regulations as he may prescribe, such parts or pieces of these vessels as may be suitable for use as relics, souvenirs, or mementos. Any amounts collected as the result of sales authorized by this section shall be deposited and covered into the Treasury as miscellaneous receipts. SEC. 8. The Act of March 13, 1948 (62 Stat. 79), is hereby repealed. Amounts received by the Department of the Navy as donations or contributions under that Act shall be returned to the donors except that in any cases where donations or contributions cannot be returned such amounts will be deposited and covered into the Treasury as miscellaneous receipts. Approved July 23, 1954.

•Ai-

�