62 STAT.] 80TH CONG., 2n SESS.-CHS. 704-706-JUNE 29, 1948 subsections (a), (b), (c), and (d) of this section: Provided further, That sections 114 and 115 of the Act of March 4, 1909, as amended (18 U. S . C ., 1940 edition, 204, 205) shall not apply to contracts or agree- ments of a kind which the Corporation may enter into with farmers participating in a program of the Corporation. SEC. 16. TRANSFER OF ASSETS OF COMMODITY CREDIT CORPORATION, A DELAWARE CORPORATION. - The assets, funds, property, and records of Commodity Credit Corporation, a Delaware corporation, are hereby transferred to the Corporation. The rights, privileges, and powers, and the duties and liabilities of Commodity Credit Corpora- tion, a Delaware corporation, in respect to any contract, agreement, loan, account, or other obligation shall become the rights, privileges, and powers, and the duties and liabilities, respectively, of the Cor- poration. The enforceable claims of or against Commodity Credit Corporation, a Delaware corporation, shall become the claims of or against, and may be enforced by or against, the Corporation: Pro- zded, That nothing in this Act shall limit or extend any period of limitation otherwise applicable to such claims against the Corporation. SEC. 17 . DISSOLLUTIN OF DELAWARE CoRPoRATION.- The Secretary of Agriculture, representing the United States as the sole owner of the capital stock of Commodity Credit Corporation, a Delaware cor- poration, is hereby authorized and directed to institute or cause to be instituted such proceedings as are required for the dissolution of said Corporation under the laws of the State of Delaware. The costs of such dissolution of said Corporation shall be borne by the Corporation. SEC. 18. EFFECTIVE DATE.- Th is Act shall take effect as of midnight June 30, 1948. Approved June 29, 1948. [CHAPTER 705] AN ACT 1075 35 Stat. 1109. Ante, p. 863. Junte 29, 194 To authorize the issuance of a stamp commemorative of the two-hundredth I. 27391 anniversary of the founding of the city of Alexandria, Virginia. Il'ubllo Law 801 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Postmaster General is authorized and directed to issue, during 1949, a special 5-cent air mail postage stamp of such design as he shall prescribe, in com- memoration of the two-hundredth anniversary of the founding of the city of Alexandria, Virginia. Approved June 29, 1948. [CHAPTER 706] AN ACTO Alexandria, Va. Commemorat i v postage stamp. June 29, 194 To amend the Canal Zone Code for the purpose of incorporating the Panama 1. 2747] Railroad Company. [Public Law 808 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, DECLARATION OF POLICY SEcrTIN 1. It is the policy of this Act, incorporating the Panama Railroad Company pursuant to section 304 (b) of the Government Corporation Control Act, approved December 6, 1945, for the purpose of conducting business activities incident to the care, maintenance, sanitation, operation, improvement, government, and protection of Panama Railroad Company, incorpora- tion. 59 Stat. 60 . 31 U. .C. 8e9(b).
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