Sale of Steamships "President Cleveland" and "President Wilson" to American President Lines, Ltd: Hearing Before a Subcommittee, Eighty-third Congress, Second Session, on S.J. Res. 161, a Resolution to Authorize the Secretary of Commerce to Sell Certain War-built Passenger-cargo Vessels, and for Other Purposes. June 9, 1954 |
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Common terms and phrases
additional charter hire affiliate Agreement agrees amended American merchant marine American President Lines American-flag approval authorize the Secretary Bareboat Charter Bethlehem-Alameda Shipyard bill cargo carrier Chairman Charterer's CLAUSE Cleveland and President Cleveland and Wilson Commerce to sell competitive bidding contract DEPARTMENT OF COMMERCE depreciation discharge event executed fair and reasonable floor price foreign-flag competition hereinafter called holding company interest January 15 JOHN MARSHALL BUTLER Joint Resolution 161 legislation lien losses ment Merchant Marine Act Merchant Marine Institute Merchant Ship Sales million officers Owner may determine payment performance period purchase pursuant redelivered repairs representatives Reserve Fleet ROTHSCHILD seamen Secretary of Commerce Senate Joint Resolution Senator PAYNE Ship Sales Act statement Steamship President Wilson steamships President Cleveland subcommittee subsidiary termination thereof Trade Route transpacific United States Government United States Senate Vessel or Vessels Voyage Profit war-built passenger-cargo vessels WEBSTER whatsoever World War II
Popular passages
Page 33 - ... owned and operated under the United States flag by citizens of the United States insofar as may be practicable, and (d) composed of the bestequipped, safest, and most suitable types of vessels, constructed in the United States and manned with a trained and efficient citizen personnel.
Page 15 - Owner, balance sheets, profit and loss statements, and such other statements of financial operations, special reports, memoranda of any facts and transactions, which In the opinion of the Owner affect the financial results In, the performance of.
Page 18 - The contractor warrants that he has not employed any person to solicit or secure this contract upon any agreement for a commission, percentage, brokerage, or contingent fee. Breach of this warranty shall give the Government the right to annul...
Page 13 - General average shall be adjusted, stated, and settled, according to York-Antwerp Rules, 1950, excluding Rule 22, at such part or place in the United States as may be selected by the carrier, and as to matters not provided for by these Rules, according to the laws and usages at the port of New York.
Page 14 - ... department thereof or any person acting or purporting to act with the authority of such government or of any department thereof^ or by any...
Page 6 - Vessel(s)) shall exceed 10 per centum per annum on the Charterer's capital necessarily employed in the business of the...
Page 38 - Commission unless it determines that ( 1) the operation of such vessel or vessels in such service, route, or line is required to meet foreign-flag competition and to promote the foreign commerce of the United States...
Page 11 - Naval Reserve shall wear on their uniforms such special distinguishing insignia as may be approved by the Secretary of the Navy...
Page 33 - Commission shall consider, among other relevant factors, the extent to which losses and requisitions of the applicant's prewar tonnage have been overcome and shall in all cases, in the sale and charter of a war-built vessel...
Page 13 - If a salving ship is owned or operated by the carrier, salvage shall be paid for as fully as if the said salving ship or ships belonged to strangers. Such deposit as the carrier or his agents may deem sufficient to cover the estimated contribution of the goods and any salvage and special charges thereon shall, if required, be made by the goods, shippers, consignees or owners of the goods to the carrier before delivery.