Page:United States Statutes at Large Volume 43 Part 1.djvu/1016

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SIXTY-EIGHTH CONGRESS. Sess. II. Cris. 340,341. 1925. 985 Railroad Company to any purchaser or purchasers upon such terms and conditions as e may deem best subject, nevertheless, to the provisos herein above stated: Provided further, That if the Secretary hDiS¤.°¤¤l °'°***°’ of War shall deem it to be in the public interest that any real or t an mlmd pr°pmy` personal property owned by the said Hoboken Manufacturers’ Railroad Company not connected with the railroad itself should be separately disposed of or held for later disposition, he is hereby authorized to cause such property to be transferred from the said Hoboken Manufacturers’ Railroad Company to the United States, and thereafter to sell the same upon such terms as he deems best, or if ,u§f;gg§, °°'¤°‘°*‘°¤ more expedient, he is hereby authorized to form a corporation to i acquire such property, and is authorized to cause such propert , or any part thereof, to be transferred from the said Hoboken l\*l;nufacturers’ Railroad Company to such new corporations so organized and to accept in place thereof the stock of such new corporation, and S“‘°·°*"· to hold the same until such time as he secures what he shall deem to be a fair and reasonable price for such property, at which time he is authorized to sell said property in whole or in part or the stock in the said new corporation to which such property is transferred on such terms and conditions as in his 'ud ent will best promote the Tum public interest, and the Secreta of V53 is further authorized to ' make and impose any terms, conlflitions, or reservations necessary to effectuate the purpose hereof, and to enter into such contracts as will effectuate the same: And provided fwrther, That nothing in mf,I,‘§,§{‘},“§Y°,{‘}“s{{{’{'§, this Act shall be construed as relieving or exempting the property mssacquired hereunder by the Port of New York Authority from any municipal taxes or assessments for public improvements, and nothing herein contained shall be construed as an expression on the gait of the Congress as to whether the States of New York and ew Jersey, or either of them, should relieve or exempt the said Port of New York Authority from taxation or subject the said port of New York or any of said property to taxation. Approved, February 26, 1925. February m, 1925. . . - _ n. . . VS2?. 341.-An Act To authorize the sale of lands in Pittsburgh, Pennsyl ‘%0T.. Be it enacted b the Senate and House of Representatives of the United States ofyilmeriea in Congress assembled, That the Score- giiiwimniéeyd owtury of the Interior be, and he is hereby, authorized to sell after due °"“”°°"°°‘ *'*· aclvertisement at competitive sale, wit the right reserved to re]ect any and all bids, at not less than its appraised value as fixed by three disinterested landowners to be appointed by the Secretary of the_Interior and at a sum not less t an its original cost to the United States, and convey by his deed as such Secretary that certain parcel of land belonging to the United States situate in the fourteenth ward of the city of Pittsburgh, county of Allegheny, and State of Pennsylvania, and particularly described as follows: O D¤¤iv¤¤¤· Beginning at a stone monument on the line of land_of the United States and land of the National Tube Company, being south two degrees twenty-three minutes fifteen seconds east, a distance of ninety-one feet from Forbes Street and the northeast corner of the said property of the United States; thence_ south two degrees twenty-three minutes fifteen seconds east fifty-eight and eighty-nine one—hundredths feet to a stone monument, being a corner common to land of the United States and the tract now being described; thence north eighty-seven degrees thirty-six minutes forty-Eve seconds east sixty-six and seventy-one one—hundredths feet to_a point on the line of land of the United States and land of the National Tube