Page:United States Statutes at Large Volume 70.djvu/853

 70

STAT.]

797

PUBLIC LAW 874-AUG. 1, 1956

ing to or in use by the Corporation and necessary to facilitate the audit shall be made available to the person or persons conducting the audit; and full facilities for verifying transactions with the balances or securities held by depositors, fiscal agents, and custodians shall be afforded to such person or persons. (b) A report of such audit shall be made by the Corporation to the Congress not later than May 15 of each year. The report shall set forth the scope of the audit and shall include a verification by the person or persons conducting the audit of statements of (1) assets and liabilities, (2) capital and surplus or deficit, (3) surplus or deficit analysis, (4) income and expense, and (5) sources and application of funds. Such reports shall not be printed as public documents. SEC. 15. Upon final dissolution or liquidation of the Corporation and after the discharge or satisfaction of all outstanding obligations and liabilities, the remaining assets of the Corporation shall be used by the board of directors for the purposes stated in section 3 above or be be transferred to some recognized educational foundation. SEC. 16. The Corporation shall have the sole and exclusive right to use the name of National Music Council as representing such Corporation and such seals, emblems, and badges as the Corporation may lawfully adopt. SEC. IT. A S a condition precedent to the exercise of any power or privilege granted to the Corporation under this Act, the Corporation shall file in the office of the Secretary of State, or in the office of another appropriate officer, in each State and in each Territory or possession of the United States in which the Corporation is doing business, the name and post office address of an authorized agent in such State, Territory, or possession upon whom legal process or demand against the Corporation may be served. SEC. 18. The Corporation may acquire the assets of National Music Council, Incorporated, a corporation organized under the laws of the State of New York, upon discharging or satisfactorily providing for the payment and discharge of all the liabilities of such corporation, and upon complying with all laws of the State of New York applicable thereto. SEC, 19. The provisions of this Act shall take effect on the filing in the office of the Clerk of the United States District Court in and for the Southern District of New York of affidavits signed by five of the incorporators named in the first section of this Act to the effect that National Music Council, Incorporated, referred to in section 18 of this Act, has been dissolved in accordance with the laws of the State of New York, but only if such affidavits are filed within three years after the date of the enactment of this Act. SEC. 20. The right to alter, amend, or repeal this Act is hereby expressly reserved. Approved August 1, 1956. Public Law 874

L i q u i datiori of Corporation.

Name; s e a l s.

Filing of names and addresses.

A s s e t s of National Music Counc i l, Inc., acquisition.

Effective date.

Reservation of rights.

CHAPTER 825 AM ACT

To amend chapter 3 of title 18, United States Code, r e l a t i n g to animals, birds, and fish.

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August 1, 1956 [H. R. 11636]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That chapter 3 of codilamendmentf! title 18, United States Code, is amended by adding the following sec- ^2 Stat. 686. tion:

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