Page:United States Statutes at Large Volume 72 Part 1.djvu/417

 72

STAT.]

PUBLIC LAW 85-53l^JULY 18, 1958

375

ACQUISITION OF ASSETS AND LIABILITIES OF EXISTING CORPORATION

SEC. 18. The corporation may acquire the assets of the Veterans of World W a r I of the United States of America, Incorporated, a corporation organized under the laws of the State of Ohio, upon discharging or satisfactorily providing for the payment and discharge of all of the liability of such corporation and upon complying with all laws of the State of Ohio applicable thereto. DISSOLUTION OR LIQUIDATION

SEC. 19. The national convention may, by resolution, declare the event upon which the corporate existence of the organization is to terminate and provide for the disposition of any property remaining to the corporation after the discharge or satisfaction of all outstanding obligations and liabilities. A duly authenticated copy of such resolution shall be filed in the office of the United States District Court for the District of Columbia. Upon the happening of the event thus declared, and upon the filing of a petition in said United States District Court reciting said facts, said court shall take jurisdiction thereof, and upon due proof being made the court shall enter a decree which shall be effectual to Vest title and ownership in accordance with the provisions of such resolution. RESERVATION OF RIGHT TO AMEND OR REPEAL ACT

SEC. 20. The right to alter, amend, or repeal this Act is expressly reserved. Approved July 18, 1958.

Public Law 85-531 AN ACT To cancel certain bonds posted pursuant to the Immigration Act of 1924, as amended, or the Immigration and Nationality Act.

July 18^ 1958 [H. R. 8439]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Attorney Dj.^aftSJe^bonds General shall, upon application made pursuant to such rules and regu- cancellation, lations as he shall promulgate pursuant to this Act, cancel any departure bond posted pursuant to the Immigration Act of 1924, as amended, g^^a^ ^^^*' ^^^' ^^ or the Immigration and Nationality Act, on behalf of any refugee 8 USC 201. 1101 who entered the United States as a nonimmigrant after May 6, 1945, "°**' and prior to July 1, 1953, and who had his immigration status adjusted to that of an alien admitted for permanent residence pursuant to any public or private law: Provided, however, That such application is made not later than five years after the date of enactment of this Act. SEC. 2. For the purposes of this Act, the term "refugee" shall mean "Re'««ee"« any alien who (1) establishes that he lawfully entered the United States as a nonimmigrant, (2) that he is or was a person displaced from the country of his birth or nationality or of his last residence as a result of events subsequent to the outbreak of World War II, and (3) that he cannot or could not return to any of such countries because of persecution or fear of persecution on account of race, religion, or political opinions. SEC. 3. The Attorney General is hereby authorized and directed to Refundrefund any sum or sums of moneys received by the Treasury of the United States pursuant to the forefeiture of any bond posted in the

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