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business among employees and organi- (c) so much of the personnel, propzational units under the Commission, erty, records, and unexpended balances (d) the preparation of budget estimates, of appropriations, allocations, and other and (e) the use and expenditure of funds funds employed, held, used, available, or of the Commission available for expenses to be made available, in connection with of administration.

the functions transferred by section 2 SEC. 4. Abolitions. (a) The War

of this reorganization plan as the Di.

rector of the Bureau of the Budget shall Claims Commission, provided for in the

determine shall be transferred to the War Claims Act of 1948, 62 Stat. 1240,

Commission at such time or times as the as amended, and the International

said Director shall direct. Claims Commission, provided for in the

(d) Such further measures and disInternational Claims Settlement Act of 1949, as amended, including the offices

positions as the Director of the Bureau

of the Budget shall deem to be necesof the members of each of the said com

sary in order to effectuate the transfers missions, and the office of Commissioner provided for in the aforesaid Joint Reso

provided for in subsection (c) of this

section shall be carried out in such manlution of August 4, 1939, are hereby

ner as he shall direct and by such agenabolished. (b) The functions of the Secretary of

cies as he shall designate. State under the third and fourth sen- Sec. 7. Effective date. The provisions tences of section 3 (c) of the Interna- of this reorganization plan shall take tional Claims Settlement Act of 1949, as effect on the date determined under secamended, are hereby abolished.

tion 6 (a) of the Reorganization Act of SEC. 5. Authorization to delegate. The

1949, as amended, or the first day of Commission is hereby authorized to del

July, 1954, whichever is later. egate any of its functions to one or more persons designated by the Commis- REORGANIZATION PLAN NO. 2 OF sion from among the members of the

1954 Commission and the officers and employees serving under the Commission.

Prepared by the President and trans

mitted to the Senate and the House of SEC. 6. Transitional provisions.

Representatives in Congress assemAny person who is a member or acting

bled, April 29, 1954, pursuant to the member of the War Claims Commission provisions of the Reorganization Act or of the International Claims Commis

of 1949, approved June 20, 1949, as sion immediately prior to the taking ef- amended' fect of the provisions of this reorganization plan may be designated by the Pres

LIQUIDATION OF CERTAIN AFFAIRS OF THE ident as an acting member of the Foreign

RECONSTRUCTION FINANCE CORPORATION Claims Settlement Commission of the SECTION 1. Transfer of functions. The United States in respect of an office of functions of the Reconstruction Finance member the initial appointment to which Corporation (hereinafter referred to as has not then been made under section 1 the Corporation) with respect to the folof this reorganization plan. Each such lowing-described matters, together with acting member of the said Foreign the functions of the Secretary of the Claims Settlement Commission shall

Treasury under section 10 of the Reperform the duties and receive the com

construction Finance Corporation Act, as pensation of member. Unless sooner terminated, the tenure of any acting

amended, and under the Reconstruction

Finance Corporation Liquidation Act, member designated hereunder shall terminate when the office of member con

with respect to the said matters, are cerned is filled in pursuance of section 1

hereby transferred as follows: hereof, or 120 days after the effective

(a) There are transferred to the Exdate of this reorganization plan, which

port-Import Bank of Washington the ever is earlier.

said functions relating to: (b) The Chairman shall make such

(1) The loan made by the Corporation provisions as may be necessary with

to the Republic of the Philippines under respect to winding up any affairs of the agencies abolished by the provisions of

1 Effective July 1, 1954, under the provi

sions of section 5 of the plan; published this reorganization plan not otherwise

pursuant to section 11 of the act (83 Stat. provided for herein.

206; 5 U. S. C. 1332-9).

Page 443

(a)

603081 0 -61 - 29

section 3 of the Joint Resolution of August 7, 1946, ch. 811, 60 Stat. 902.

(2) The loans made by the Corporation to the Government of Ecuador and the Newfoundland Railway of St. Johns, Newfoundland.

(3) The capital stock of the Banco de Borracha (now known as the Amazon Credit Bank, Belem, Brazil).

(4) All foreign bonds and securities acquired by the Corporation in the liquidation of its lending programs.

(b) There are transferred to the Small Business Administration the said functions relating to loans made by the Corporation to victims of floods or other catastrophes.

(c) There are transferred to the Federal National Mortgage Association the said functions relating to mortgages held by the Corporation which were made or acquired under the authority of The RFC Mortgage Company or the Defense Homes Corporation.

SEC. 2. Transfer of incidental functions. There are hereby transferred to each transferee agency so much of the functions of the Corporation, and so much of the functions of the Secretary of the Treasury under section 10 of the Reconstruction Finance Corporation Act, as amended, and under the Reconstruction Finance Corporation Liquidation Act, as is incidental to, or necessary for, the performance by the transferee agency of the functions specified in section 1 (a), (b), or (c) hereof, as the case may be, including, in respect of the functions specified in sections 1 (a) (1), 1 (b), and 1 (c) hereof, the authority to issue notes or other obligations to the Secretary of the Treasury, which may be purchased by the Secretary, under section 7 of the Reconstruction Finance Corporation Act, as amended, and the duty of making payments on such notes or obligations issued by or transferred to the transferee agency hereunder.

SEC. 3. Transfer of assets; miscellaneous transfers. (a) The loans, bonds,

securities, mortgages, and capital stock referred to in section 1 of this reorganization plan, together with accrued interest thereon, property acquired in connection therewith, and contracts and other instruments pertaining thereto, are hereby transferred from the Corporation to the respective transferee agencies.

(b) In addition to the transfers made by section 3 (a), above, there shall be transferred to each transferee agency so much as the Director of the Bureau of the Budget shall determine to be appropriate by reason of transfers made by sections 1, 2, and 3 (a) of this reorganization plan of the property, personnel, records, liabilities and commitments of the Corporation and of the authorizations, allocations, and funds available or to be made available to the Corporation or the Treasury Department.

(c) Such further measures and dispositions as the Director of the Bureau of the Budget shall determine to be necessary in order to effectuate the transfers provided for in sections 3 (a) and 3 (b), above, shall be carried out in such manner and by such agencies as the Director shall direct.

Sec. 4. Definition. As used in this reorganization plan, the term transferee agencies means the Export-Import Bank of Washington, the Small Business Administration, and the Federal National Mortgage Association.

Sec. 5. Effective date. The provisions of this reorganization plan shall take effect at the time determined under the provisions of section 6 (a) of the Reorganization Act of 1949, as amended, or at the close of June 30, 1954, whichever is later, and shall be effective notwithstanding any heretofore enacted provisions of law transferring the duty of completing the liquidation of the assets and the winding up of the affairs of the Corporation.

1955 (None published)

1956 (None published)

1957

REORGANIZATION PLAN NO. 1 OF

1957 Prepared by the President and trans

mitted to the Senate and the House of
Representatives in Congress assem-
bled, April 29, 1957, pursuant to the
provisions of the Reorganization Act
of 1949, approved June 20, 1949, as
amended
ABOLITION OF THE RECONSTRUCTION

FINANCE CORPORATION SECTION 1. Definitions. As used in this reorganization plan: (a) The term “Corporation" means the Reconstruction Finance Corporation.

(b) The term “remaining functions" means (1) all functions of the Corporation, (2) except as otherwise provided in subsections (b) and (c) of section 6 of this reorganization plan, all functions of the Secretary of the Treasury under section 10 of the Reconstruction Finance Corporation Act, as amended (15 U. S. C. 609), and (3) all functions of the Secretary of the Treasury under sections 102 and 106 (b) of the Reconstruction Finance Corporation Liquidation Act (67 Stat. 230, 231), as amended.

(c) The term “transferees" means the Housing and Home Finance Administrator, the Administrator of General Services, the Administrator of the Small Business Administration, and the Secretary of the Treasury.

SEC. 2. Transfer of functions. (a) There are hereby transferred to the

Housing and Home Finance Administrator the remaining functions with respect to or arising out of (1) the securities and obligations of, loans made to, and contracts or other agreements with, States, municipalities, political subdivisions thereof, public agencies, boards, commissions or other public bodies, and (2) loans, securities and obligations acquired in connection with programs of financial assistance for drainage and irrigation projects.

(b) There are hereby transferred to the Administrator of General Services the remaining functions with respect to or arising out of (1) the affairs of the Smaller War Plants Corporation which were transferred to the Corporation pursuant to Executive Order No. 9665 of December 27, 1945 (11 F. R. 3) and section 207 of Public Law 132—80th Congress (61 Stat. 209), (2) the national defense, war and reconversion activities with respect to which notes of the Corporation were cancelled pursuant to the provisions of Title II of Public Law 860-80th Congress (62 Stat. 1187), and (3) activities of the RFC Price Adjustment Board and the functions transferred to the Corporation by Executive Order No. 9841 of April 23, 1947 (12 F. R. 2645).

(c) Except as otherwise provided in sections 2 (d) (1) and 2 (d) (2) of this reorganization plan (relating to financial assistance to railroads, etc., and to Schedule A hereto annexed), there are hereby transferred to the Administrator of the Small Business Administration the remaining functions with respect to or arising out of programs of financial assistance to business enterprises and to victims of floods or other disasters.

1 Effective June 30, 1957, in accordance with the provisions of section 7 of the plan; published pursuant to section 11 of the Reorganization Act of 1949, as amended (sec. 11, 63 Stat. 206; 5 U. S. C. 1332–9).

(d) There are hereby transferred to the Secretary of the Treasury all functions of the Corporation not otherwise transferred by the provisions of this reorganization plan, including, but not limited to, all functions of the Corporation with respect to or arising out of (1) programs of financial assistance to railroad companies, financial institutions, and insurance companies, (2) the obligations and loans listed in Schedule A hereto annexed, and (3) the War Damage Corporation.

(e) The foregoing transfers include the transfer to each transferee, for use in executing his respective functions thereunder, of the powers, authority, rights, and immunities now vested in or available or applicable to the Corporation for carrying out the functions transferred to the transferee under this reorganization plan.

SEC. 3. Transfer of assets and liabilities. The loans, obligations, securities, capital stock, and other assets pertaining to the functions transferred by section 2 of this reorganization plan (including accrued interest thereon, and property acquired in connection therewith) and the liabilities, contracts, bonds, mortgages, notes and other instruments relating thereto are hereby transferred from the Corporation to the respective transferees: Provided, however, That all assets, liabilities, and commitments relating to the functions transferred by section 2 (a) of this reorganization plan are hereby transferred to the Revolving Fund (Liquidating Programs) established by the Independent Offices Appropriation Act, 1955 (68 Stat. 295).

SEC. 4. Administrative property, personnel, funds and records. In addition to the transfers made by the provisions of section 3 of this reorganization plan, there shall be transferred to the Housing and Home Finance Agency, General Services Administration, Small Business Administration, and Treasury Department so much as the Director of the Bureau of the Budget shall determine to be appropriate by reason of transfers made by sections 2 and 3 of this reorganization plan of the administrative property, personnel, records, liabilities and commitments of the Corporation or of the Office of Production and Defense Lending in the Department of the Treasury and of the authorizations, allocations, and funds available or to be made

available with respect to the transferred functions (including, but in no way limiting the generality of the foregoing, the authority to issue notes or other obligations to the Secretary of the Treasury, which may be purchased by the Secretary, under section 7 of the Reconstruction Finance Corporation Act, as amended (15 U. S. C. 606), and the duty of making payments on such notes or obligations issued by or transferred to the respective transferee hereunder). In allocating the administrative expense funds applicable to the functions transferred by the provisions of this reorganization plan the said Director shall allocate and transfer to the General Services Administration as a payment on behalf of the Housing and Home Finance Agency, General Services Administration, Small Business Administration and Treasury Department such sum for rent of building space for the carrying out of the transferred functions during the fiscal year ending June 30, 1958, as the said Director shall determine. Such further measures and disposition as the Director of the Bureau of the Budget shall determine to be necessary in order to effectuate the transfers provided for in this section shall be carried out in such manner and by such agencies as the Director shall direct.

SEC. 5. Delegation of authority. Each transferee may from time to time make such provisions as he shall deem appropriate authorizing the performance by any officer, employee, agency, or administrative unit under his jurisdiction of any function transferred to him by the provisions of this reorganization plan.

SEC. 6. Abolition of the Corporation. (a) The Corporation is hereby abolished.

(b) The Secretary of the Treasury shall retire the capital stock of the Corporation and, subject to the provisions of section 4 hereof, shall pay into the Treasury, as miscellaneous receipts, all unused funds of the Corporation.

(c) Not later than June 30, 1959, the Secretary of the Treasury shall transmit a report to the Congress, which report (1) shall cover the affairs of the Corporation up to the time of the taking effect of the provisions of this reorganization plan, and (2) shall correspond to the final report required by section 10 of the Reconstruction Finance Corporation Act, as amended (15 U. S. C. 609). The

function of making the final report provided for in the said section 10 is hereby abolished.

SEC. 7. Effective date. The provisions of this reorganization plan shall take

effect at the time determined under the provisions of section 6 (a) of the Reorganization Act of 1949, as amended, or at the close of June 30, 1957, whichever is later,

SCHEDULE A This schedule annexed to Reorganization Plan No. 1 of 1957 lists by name and address of the obligor or borrower the obligations and loans referred to in clause (2) of section 2 (d) of such reorganization plan. Name of obligor or borrower

Address Alaska Plywood Corporation.

Juneau, Alaska Alford Refrigerated Warehouse

Dallas, Texas Braun Bros. Packing Company

Troy, Ohio Chromcraft Corporation.-

St. Louis, Missouri Civic Hotel Corporation--

Odessa, Texas Deep Water Terminals, Inc..

Brooklyn, New York Detroit Steel Corporation.-

Detroit, Michigan Hal Roach Studios, Inc.--

Culver City, California Hayward Woolen Company-

Whittinsville, Massachusetts The Horle Arms Company

Deep River, Connecticut Jack Tar of Arkansas, Inc.

Hot Springs, Arkansas Landers Packing Company

Denver, Colorado Langley Corporation.-

San Diego, California Lawton Community Hotel...

Lawton, Oklahoma Lone Star Steel Company-

Dallas, Texas Louisville Builders Supply Company.

Louisville, Kentucky Lustron Corporation.-

Columbus, Ohio Mayfair Extension, Inc.--

Washington, D. C. New Haven Clock & Watch Company..

New Haven, Connecticut Oregon Fibre Products, Inc.-

Pilot Rock, Oregon The Prudence Company, Inc.

New York, New York Seidelhuber Steel Rolling Mills.

Seattle, Washington South Water Building Corporation.

Rockford, Illinois South Water Machinery Corporation.

Rockford, Illinois Texas Consolidated Olls.-

Dallas, Texas Texas Frozen Foods Corporation.

Harlingen, Texas Waltham Watch Company..

Waltham, Massachusetts Wheland Company--

Chattanooga, Tennessee

1958

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CIVILIAN MOBILIZATION SECTION 1. Transfer of functions to the President. (a) There are hereby transfered to the President of the United States all functions vested by law (including reorganization plan) in the following: the Office of Defense Mobilization, the Director of the Office of Defense Mobilization, the Federal Civil Defense Administration, and the Federal Civil Defense Administrator.

(b) The President may from time to time delegate any of the functions transferred to him by subsection (a) of this section to any officer, agency, or employee of the executive branch of the Government, and may authorize such officer, agency, or employee to redelegate any of such functions delegated to him.

1 Public Law 85–763, approved August 26, 1958, amended Reorganization Plan No. 1 of 1958 by striking out "Office of Defense and Civilian Mobilization" wherever appearing therein and Inserting in lieu thereof "Office of Civil and Defense Mobilization."

* Effective July 1, 1958, under the provisions of section 9 of the plan; published pursuant to section 11 of the act (63 Stat. 206; 5 U. S. C. 1382-9).

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