664 Description-Con . Au gust 20, 1935 . [S. 3058 .] [Public, No. 289.] Bankrupt cy Act of 1 898, amend ment . Vol . 30, p.544; Vol . 48, p. 922 . U.S. C., p. 319. Corporate reorgani- z atio n. Rights, etc ., of credi- tors on mor tga ge in- sured un der National H ous ing Act . Vol.48,p .1246. Municipa lly-owned railroads . Pr ovis o. Inoperative if reve- nue derived is not mor e t han 20 percent . Aug ust 20, 1935 . [H. J. Res. 290.] [Pub . Res., No. 51 .] Puerto Rico. Preamble . 74TH CONGRESS . SESS . I. CHS . 576-578 . AUG UST 20, 1935. Sections 1 to 3, inclusive ; east half section 4 ; east half section 9 ; sections 10 to 36, inclusive, township 30 north, range 77 west, sixth principal meridian . East half section 16 ; east half section 21 ; east half section 28 ; east half section 33 ; sections 15, 22, 26, 27, 34, 35, 36, township 31 north, range 77 west, sixth principal meridian . Sections 13, 14, 23, and 24, township 30 north, range 78 west, sixth pri ncipal m eridian . Approved, August 20, 1935 . [CHAPTER 577 .] AN ACT To amend an Act entitled "An Act to establish a uni fo rm system of bankruptcy throughout the United States ", approved July 1, 1898, and Acts amendatory th ereof and suppleme ntary the reto, and for other purposes . Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That subsection (n) of section 77B of chapter VIII of the Act of July 1, 1898, entitled "An Act to establish a uniform system of bankruptcy throughout the United States ", as amended by the Acts of February 5, 1903, June 15, 1906, June 25, 1910, March 2, 1917, January 7, 1922, May 27, 1926, February 11, 1932, March 3, 1933, and June 7, 1934, be, and it is hereby, amended to read as follows "(n) Nothi ng conta ined in this sec tion sha ll be co nstrued or be deemed to affect or apply to the creditors of any corporation under a mortgage insured pursuant to the National Housing Act and Acts amendatory thereof and supplementary thereto or to the stockholders, creditors, or officers of any corporation operating or owning a railroad or railroads, railway or railways, owned in whole or in part by any municipality and/or owned or operated by a municipality, or under any contract to any municipality by or on its behalf or in conjunction with such municipality under any contract, lease, agreement, certificate, or in any other manner provided by law for such operation : Provided, however, That this paragraph shall not apply to or affect any corporation or the stock- holde rs, creditors , or officers thereof, if n ot more than 20 per centum of it s operat ing reve nue is d erived f rom such operati ons ." Approved, August 20, 1935 . [C HAPT ER 578.] JOINT RESOLUTION To amend an act entitled "An Act providing for the ratification of Joint Resolu- tion Numbered 59 of the Legislature of Puerto Rico, approved by the Gov- ernor May 5, 1930, imposing an import d uty on coffee imported in to Puerto Rico ", approved June 18, 1934 . Whereas in enacting the Act approved June 18, 1934, ratifying the taxes and du ties imposed by Join t Resolution Numbere d 59 enacted by the Legislature of Puerto Rico, and approved by the Governor of Puerto Rico May 5, 1930, the Congress understood and intended in ratifying such Joint Resolution Numbered 59 of the Legislature of Puerto Rico that the " import duty " thereby and by subseque nt acts of the L egislatu re of Pu erto Ric o " levied on al l coff ee im ported into Puerto Rico " inc luded and was intended to be levied upon all coffee brought into Puerto Rico whether from a foreign country or from any State, Territory, district, or possession of the United States, or other place subject to its jurisdiction : Therefore be it
