To Amend the Merchant Marine Act of 1936, as Amended: Hearings Before a Subcommittee of the Committee on Commerce, United States Senate, Seventy-sixth Congress, First Session, on S. 1516, a Bill to Amend Sections 704, 705, 706, and 707 of the Merchant Marine Act of 1936, as Amended. February 24 and 25, 1939 |
From inside the book
Results 1-5 of 47
Page 8
... percent of the stock of the American President Lines , Ltd. , was negotiated . In the case of the lines involved in this controversy , the Government owns the ships but not the operators . In the case of the American President Lines the ...
... percent of the stock of the American President Lines , Ltd. , was negotiated . In the case of the lines involved in this controversy , the Government owns the ships but not the operators . In the case of the American President Lines the ...
Page 16
... percentage of subsidy : The items and percent- ages of differential to be incorporated in the operating - differential subsidy agree- ment have been determined by the Commission to be as follows : [ NOTE - Line A represents America ...
... percentage of subsidy : The items and percent- ages of differential to be incorporated in the operating - differential subsidy agree- ment have been determined by the Commission to be as follows : [ NOTE - Line A represents America ...
Page 18
... percent of the amount of its bid . The balance of the purchase price of each vessel shall be payable in substantially three equal annual installments , with interest at the rate of 31⁄2 percent per annum payable semiannually . Payment ...
... percent of the amount of its bid . The balance of the purchase price of each vessel shall be payable in substantially three equal annual installments , with interest at the rate of 31⁄2 percent per annum payable semiannually . Payment ...
Page 21
... percent of the stock of the bidder is vested in citizens of the United States free from any trust or fiduciary obligation in favor of any person not a citizen of the United States ; that percent of the voting power in the bidder is ...
... percent of the stock of the bidder is vested in citizens of the United States free from any trust or fiduciary obligation in favor of any person not a citizen of the United States ; that percent of the voting power in the bidder is ...
Page 23
... percentages substantially as heretofore announced by the Commission . The undersigned hereby applies for such subsidy . In the event the bid is accepted for any of said items ... percent of the stock of AMEND MERCHANT MARINE ACT OF 1936 23.
... percentages substantially as heretofore announced by the Commission . The undersigned hereby applies for such subsidy . In the event the bid is accepted for any of said items ... percent of the stock of AMEND MERCHANT MARINE ACT OF 1936 23.
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Common terms and phrases
Admiral LAND advertisement agreement America France Line American Diamond Lines American Hampton Roads American Hampton Roads-Yankee amount award bare-boat basic charter hire bidder Black Diamond Steamship call for bids capital cargo Chairman charter party committee Compagnie Generale Transatlantique competitive bidding Congress Cosmopolitan Shipping cost countervailing subsidy Diamond Steamship Corporation February February 20 following-named vessels foreign French give Government GRAY Hampton Roads-Yankee Line interests January 16 legislation liquidated damages Maritime Commission ment Merchant Marine Act name and goodwill operating such line operating the line Oriole Lines PAYNE percent Pipestone County ports preference present operators private operators proposed purchase question reason sale or charter Satartia schedules described Schodack section 704 Senator BAILEY Senator BARBOUR Senator GUFFEY Senator OVERTON Senator WHITE Shipping Board steamship lines submitted TAYLOR tion trade name United States Lines United States Maritime vessels for operation
Popular passages
Page 130 - If through any contract or understanding It is so arranged that the majority of the voting power may be exercised, directly or Indirectly, in behalf of any person who Is not a citizen of the United States...
Page 23 - CHANGES IN EXISTING LAW In compliance with paragraph 2a of rule XIII of the Rules of the House of Representatives, changes in existing law made by the bill, as introduced, are shown as follows (existing law proposed to be omitted is enclosed in black brackets, new matter is printed in italics, existing law in which no change is proposed is shown in roman...
Page 130 - The controlling interest in a corporation shall not be deemed to be owned by citizens of the United States (a) if the title to a majority of the stock thereof is not vested in such citizens free from any trust or fiduciary obligation in favor of any person not a citizen of the United States...
Page 2 - ... and for other purposes, having considered the same, reports favorably thereon, with amendments and recommends that the bill as amended do pass.
Page 16 - ... that the nonarrival on time was due solely to delay in the mails for which the bidder was not responsible, such bid will be received and considered. No responsibility will attach to an officer for the premature opening of a bid not properly addressed and identified. Unless specifically authorized, telegraphic bids will not be considered, but modifications by telegraph of bids already submitted will be considered if received prior to the hour set for opening.
Page 130 - Whenever the board of directors of any irrigation district organized and existing under and pursuant to the laws of the State of California...
Page 16 - Bids received prior to the time of opening will be securely kept, unopened. The officer whose duty it is to open them will decide when the specified time has arrived, and no bid received thereafter will be considered, except that when a bid arrives by mail after the time fixed for opening, but before award is made, and it is shown to the satisfaction of the officer authorized to make the award that the nonarrival on time was due solely to delay in the mails for which the bidder was not responsible,...
Page 16 - States, the Government may make such disposition of the same as will accomplish the purpose for which submitted. Certified checks may be held uncollected at the bidder's risk. Certified checks, or the amount thereof, and...
Page 130 - ... any trust or fiduciary obligation in favor of any person not a citizen of tilt United States; or (b) if 75 per centum of the voting power in such corporation is not vested in citizens of the United States...
Page 23 - States, or transfer or place under foreign registry or flag, any vessel or any interest therein owned in whole or in part by a citizen of the United States and documented under the laws of the United States, or the last documentation of which was under the laws of the United States.