Page:United States Statutes at Large Volume 70.djvu/1087

 70 S T A T. 1

PUBLIC LAW 977-AUG. 3, 1956

ion

(b) A security is in ''registered form" when its terms specify a person entitled to the security or to the rights it evidences and specify that its transfer may be registered upon books maintained for that purpose by or on behalf of an issuer. (c) A security is in "bearer form" when it runs to bearer according to its terms and not by reason of any endorsement. (d) The term "member of the minor's family" as used in this Act means the minor's parents, grandparents, brothers, sisters, uncles and aunts, whether of the whole blood or the half blood, or by or through legal adoption. (e) The term "legal representative" as used in this Act means, as may be appropriate in the circumstances, the executor, administrator, general guardian, or committee (conservator) of the property of the person to whose legal representative reference is made. (f) A gift made under authority of this Act to a guardian of the minor as custodian shall be deemed to have satisfied the requirements of this Act if the person to whom delivery has been made is either guardian of the person or guardian of the property of the minor, duly appointed in the District of Columbia or in the State, Territory or country where the minor was domiciled at the time of the delivery of the gift. SEC. 11. This Act shall not be construed as providing an exclusive method for making gifts of securities to minors. Approved August 3, 1956. Public Law 977

" R e g l 8 tere d form".

"Bearer form"

CHAPTER 948 ^^ ^^^

August 3, 1956

To provide for the conveyance of certain real property of the United States to the city of Vero Beach, Morida.

[H. R. 10383]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Administrator of General Services is authorized and directed to convey, without consideration, to the city of Vero Beach, Florida, all of the right, title, and interest of the United States in and to certain real property described as follows: Lots 17, 18, 19, 20, 21, and the south 15 feet of lot 22 of block 48, also known as the city hall block, in the original town of Vero (now city of Vero Beach), Florida, according to plat thereof recorded in the office of the clerk of the circuit court of Saint Lucie County, Florida, situated in Vero Beach, Indian Eiver County, Florida; and also all that part of the alleys shown upon the plat of the abovedescribed property which lie east of lots 6, 7, 8, 9, 10, and 11 of the above-described block; and also all of the alley as shown upon the plat of said above-described block which lies north of the east 25 feet of lot 12 and north of lots 13, 14, 15, and 16 of said above-defecribed block. SEC. 2. (a) The Administrator of General Services is authorized and directed to convey to the city of Vero Beach, Florida, in consideration of the payment by such city of an amount equal to the fair market value of the property at its highest and best use as determined by said Administrator, all of the right, title, and interest of the United States in and to certain real property described as follows: Lots 6 to 11, inclusive, block 48, also known as the city hall block, in the original town of Vero (now city of Vero Beach), Florida, according to plat thereof recorded in the office of the clerk of the circuit court of Saint Lucie County, Florida, situated in Vero Beach, Indian Eiver County, Florida.

Vero Beach, Fla. Conveyance.

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