Page:United States Statutes at Large Volume 73.djvu/635

 73

STAT.]

PUBLIC LAW

86-327-SEPT.

21, 1959

597

Public Law 86-326 AN ACT

September 2 I, 1959

To authorize longer term leases of Indian lands on the Agua Caliente (Palm Springs) Reservation.

[H. R. 6672]

Be it enacted by the Senate and House of Representatives of the ^^^^ raiiente United States of America in Congress assembled, That the second sen- Reservationlands! tence oi section 1 of the Act of August 9, 1955 (69 Stat. 539), is 25 ''"^ 415. "= u s e "^ amended to read as follows: "All leases so granted shall be for "a term of not to exceed twenty-five years, except leases of land on the Agua Caliente (Palm Springs) Eeservation which may be for a term of not to exceed ninety-nine years, and except leases of land for grazing purposes which may be for a term of not to exceed ten years." Approved September 21, 1959»

Public Law 86-327 AN ACT

September 21, 1959

To amend section 4132 of the Revised Statutes, section 37 of the Merchant Marine Act, 1920, section 2 of the Shipping Act, 1916, and section 905(c) of the Merchant Marine Act, 1936, as amended.

[H. R. 6888]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 4132 "c^^^ofate cuiof the Revised Statutes, as amended (46 U.S.C 11), is amended by zen.'» striking out of the first sentence thereof the words "or corporations organized and chartered under the laws of the United States, or of any State thereof, the president and managing directors of which shall be citizens of the United States" and inserting in lieu thereof the words "or corporations organized and chartered under the laws of the United States, or of any State thereof, of which the president or other chief executive officer and the chairman of the board of directors shall be citizens of the United States and no more of its directors than a minority of the number necessary to constitute a quorum shall be noncitizens,". SEC. 2. Section 37 of the Merchant Marine Act, 1920, as amended (46 U.S.C. 888), is amended by striking out the words "by this Act". H f^^\ m^SEC. 3. Section 2 of the Shipping Act, 1916, as amended (46 U.S.C. " * 802), is amended by striking out of subsection (a) the words "in the case of a corporation, unless its president and managing directors are citizens of the United States" and inserting in lieu thereof the words "in the case of a corporation, unless its president or other chief executive officer and the chairman of its board of directors are citizens of the United States and unless no more of its directors than a minority of the number necessary to constitute a quorum are noncitizens". SEC. 4. Section 905(c) of the Merchant Marine Act, 1936, as amended, ^^ ^*^*' ^° '^• is amended by striking out the words "section 2 of the Shipping Act, 1916, as amended (U.S.C. title 46, sec. 802)," and inserting in lieu thereof the words "section 2 of the Shipping Act, 1916, as amended ( U.S.C. title 46, sec. 802), and with respect to a corporation under title Vl of this Act, all directors of the corporation are ii'^2 ^ ^ ^ ^^^^' citizens of the United States". Approved September 21, 1959.

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