Page:United States Statutes at Large Volume 47 Part 1.djvu/776

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752

72d CONGRESS . SESS. II . CHS . 9, 10.- JAN. 3, 14, 1933. [CHAPTER 9.1 Januar 3, 1933.

JOINT RESOLUTION [H. J. R y es. 527 .) Extending the time for fi ling the rep ort of the jo int committe e to investi gate (Pub. Res., No. 46 .)

the operatio n of the laws and regulatio ns relati ng to the relief o f veteran s . Res olved by the Senat e and Hou se o f Re presentat ives o f the Unite d opoin ionof itteerans States of America in Congress assembled, That the time within which relief laws . the 'jo int co mmitte e to i nvesti gate t he oper ation of the laws and ex Time or report by, regulations relating to the relief of veterans, created by section 701 Ante, p• 419.

of the Legislative Appropriation Act for the fiscal year ending June 30, 1933, approved June 30, 1932, shall report to the Senate and the House of Representatives, is hereby extended to and includ- ing the 3d day of March, 1933 . Approved, January 3, 1933 . [CHA PTER 10 .1

JO INT RESO LUTI ON Janusry 14,1933 . (H. J. Res. 154.)

To authorize the merger of street-railway corporations operating in the District [Pub. Res., No . 47.1

of Co lumbia, and for other pu rposes . District of Columbia . Whereas pursuant to the Act entitled "An Act to permit the merger Merger of street rail- way, ete., ccrpcraticna of street-ra ilway cor porations operatin g in the District- of Colum - auV P. 1M. bia, and for other purposes," approve March 4, 1925, a form of agreement to carry this into effect and providing for the formation of a new corporation to be known as the Capita Transit Company to acquire pro ~erties and/or stocks or securities, and to succeed to the powers and obligations of the Capital Traction Company and to succeed to the powers and obligations of the Washington Rail- way and Electric Company directly connected with or relating to the opera tion of s treet rai lway and bus trans portation , has bee n approved by the Public Utilities Commission of the District of Columbia as follows Unification meat. Statutory authoriza- tion . Whereas the Act entitled "An Act to permit the merger of street- railway railway corporations operating in the District of Columbia, and for other purposes," approved March 4, 1925, provides " that any or al l of the street-ra ilway com panies o perating in the Di strict of C olumbi a be, and th ey are hereb y, auth orized and e mpower ed to me rge or co nsolidate , either by purch ase or le ase by on e com- pany of the properties, and/or stocks or securities of any of the others, or by the formation of a new corporation to acquire the properties and/or stocks or securities and to succeed to the Agreement by stock•

powe rs and oblig ations of ea ch or any of said c ompani es und er holders.

such terms and conditions as may be agreed upon by vale of a majority in amount of the stock of the respective corporations Promo

and as may be a~ prove d by t he Pub lic Uti lities Commi ssion otl Approval of Con-

the District of Columbia : Provided, That no merger of said gam.

companies shall be *finally consummated until the same is Requirem p. 1284 ents.

approved by a joint resolution of Congress . Such new corpora - vol .31, tion shall be in corpor ated u nder t he prov isions of Su bchapt er IV, Chapter XVIII of the Code oii Law of the District of Columbia as far as applicable, with issues of stock at a stated par value and/or of no par value, as may be approved by the Public Util ities Commis sion " ; and Patties in interest . WL,.uas the Washington Railway and Electric Company (here- inafter referred to as the "Washington Company ") and the Capital Traction Company (hereinafter referred to as the agree- UNmCATIoN AGREEMENT