Page:United States Statutes at Large Volume 68 Part 1.djvu/602

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PUBLIC LAW 5 4 2 - J U L Y 27, 1954

Mineral r i g h t s, etc.

Boundary fence.

STAT.

The cost of any survey required in connection with the conveyance of this property shall be at the expense of the city of Clifton. SEC. 2. Said quitclaim deed shall also contain a reservation to the United States of all gas, oil, coal and all source materials essential to the production of fissionable material and all other mineral deposits and the right to the use of the land for extracting and removing same. SEC. 3. The city of Clifton shall, prior to the actual use of the tract of land conveyed to such city by the first section of this Act and prior to the alteration or removal of any fences now upon such tract of land, provide a suitable fence on the boundary line between such parcel of land and the remaining land of the United States animal quarantine station. If the city of Clifton fails to provide such fence prior to the actual use of such tract of land and prior to the alteration or removal of the existing fences, all the right, title, and interest in and to the land conveyed by the first section of this Act shall revert to, and become the property of, the United States, which shall have the immediate right of entry thereon. Approved July 27, 1954. Public Law 542

CHAPTER 587 AN ACT

July 27, 1954 [H. R. 6882]

iji^j amend the Act of September 27, 1950, relating to construction of the Vermejo reclamation project.

Vermejo r e c 1 amation p r o j e c t, N. Mex. B o n ded indebtedness.

Transfer funds.

[68

of

Repayment limitation.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Act of September 27, 1950 (64 Stat. 1072), as amended, is further amended by adding thereto a new section reading as follows: "SEC. 6. Upon the execution of a contract with the Vermejo Conservancy District supplementary to or amendatory of the contract dated August 7, 1952, between the district and the United States, pursuant to which supplementary or amendatory contract the district agrees to an increase in the total obligation repayable by it under the contract of xlugust 7, 1952, in an amount equal to the face value of the outstanding bonds of the Maxwell Irrigation Company held by the Reconstruction Finance Corporation with unpaid interest, if any, accrued after July 1, 1953, and to a commensurate increase in the annual base charge provided in article 10 of said contract the entire obligation of said company to the Reconstruction Finance Corporation shall be fully discharged and said bonds shall be returned to the debtor for cancellation. Thereupon the Secretary of the Interior shall request, and the Secretary of the Treasury shall cause to be transferred on the books of the Treasury to the account of the Reconstruction Finance Corporation from moneys appropriated for carrying on the functions of the Bureau of Reclamation and available for constructing the Vermejo reclamation project, a sum equal to the face value of the outstanding bonds, with accrued interest, as aforesaid, of the Maxwell Irrigation Company held by the Reconstruction Finance Corporation." SEC. 2. The limit upon the amount repayable by the contracting organization which is set forth in the proviso to section 2 of the Act of September 27, 1950, shall be exclusive of any additional amount which the district undertakes to repay pursuant to section 1 of this Act. Approved July 27, 1954. -,

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