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PUBLIC LAW 86-681-SEPT. 2, 1960
STAT.]
U S E O F ASSETS ON DISSOLUTION OR L I Q U I D A T I O N
SEC. 15. Upon dissolution or final liquidation of the corporation, after discharge or satisfaction of all outstanding obligations and liabilities, the remaining assets, if any, of the corporation shall be distributed in accordance with the determination of the board of governors of the corporation and in compliance with the charter and bylaws of the corporation and all Federal and State laws applicable thereto. DURATION OP CORPORATION
SEC. 16. The duration of the corporation shall be perpetual. ACQUISITION OF ASSETS A N D L I A B I L I T r E S OP E X I S T I N G CORPORATION
SEC, 17. The corporation may acquire the assets of Hall of Fame, a general not-for-profit corporation the laws of the State of Missouri, upon discharging providing for the payment and discharge of all of such corporation.
the A ^ c u l t u r a l orgamzed under or satisfactorily the liabilities of
RESERVATION OP R I G H T TO A M E N D OR R E P E A L CHARTER
SEC. 18. The right to alter, amend, or repeal this Act is expressly reserved. Approved August 31, 1960. Public Law 86-681 AN ACT T() anthovize the julclition of certain donated lands to the Everglades National Park.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of the Interior is authorized to accept for Everglades National Park purposes, title to approximately 1,160 acres of land and submerged hmd lying within sections 25, 26, and 36 of township 53 south, range 29 east, and section 30, township 53 south, range 30 east, Tallahassee meridian, and being a portion of the land and submerged land donated and conveyed by three Collier deeds in 1951 and 1952 to the trustees of the internal improvement fund of the State of Florida for subsequent inclusion in the Everglades National Park. Such three Collier deeds are dated December 12, 1951, December 26, 1951, and March 21, 1952, and are recorded in deed book 22, page 240, deed book 22, page 244, and deed book 39, page 25, respectively, in Collier County, Florida. The aforesaid land and submerged land shall be subject to the reservations set forth in the aforementioned Collier deeds for public utility easements and rights-of-way of the public with respect to Indian Key Channel, and also to a public right-of-way for the State highway or causeway from Everglades City to Chokoloskee Island. SEC. 2. All lands and submerged lands title to which is accepted by the Secretary of the Interior pursuant to the provisions of this Act shall, upon the acceptance of title thereto, become parts of the Everglades National Park and shall be subject to all laws and regulations applicable thereto. Approved September 2, 1960. 48232 0 - 6 1 - 3 7
September 2, 1960 [S. 25 76]
Everglades National Park. Additionid 1 finds.
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