Regulation of Ocean Freight Rates, Requisitioning of Vessels, and Increasing the Powers of the Shipping Board: Hearing Before the Committee on Commerce, United States Senate, Sixty-fifth Congress, Second Session on H.R. 12099 and 12100, Conferring on the President Power to Prescribe Charter Rates and Ocean Freight Rates and to Requisition Vessels, and Amending the Shipping Act Approved December 7, 1916

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Էջ 5 - President and shall be entitled to sue the United States to recover such further sum as, added to said...
Էջ 6 - States (a) if the title to 75 per centum of its stock is not vested in such citizens free from any trust or fiduciary obligation in favor of any person not a citizen of the United States...
Էջ 7 - Such vessels while employed solely as merchant vessels shall be subject to all laws, regulations, and liabilities governing merchant vessels, whether the United States be interested therein as owner, in whole or in part, or hold any mortgage, lien, or other interest therein.
Էջ 5 - President, is unsatisfactory to the person entitled to receive the same, such person shall be paid seventy-five per centum of the amount so determined...
Էջ 6 - An Act to establish a United States Shipping Board for the purpose of encouraging, developing, and creating a naval auxiliary and naval reserve and a merchant marine to meet the requirements of the commerce of the United States with its Territories and possessions and with foreign countries ; to regulate carriers by water engaged in the foreign and interstate commerce of the United States ; and for other purposes.
Էջ 6 - States; or (c) if, through any contract or understanding it is so arranged that more than 25 per centum of the voting power in such corporation may be exercised, directly or indirectly, in behalf of any person who is not a citizen of the United States...
Էջ 7 - To make any agreement or effect any understanding whereby there is vested in or for the benefit of any person not a citizen of the United States, the controlling interest or a majority of the voting power in a corporation which is organized under the laws of the United States, or of any State, Territory, District, or possession thereof, and which owns any vessel, shipyard, dry dock, or ship-building or ship-repairing plant or facilities...
Էջ 7 - ... board, be sold, leased, or chartered to any person not a citizen of the United States, or transferred to a foreign registry or flag.
Էջ 8 - That no bill of sale, mortgage, hypothecation, or conveyance of any vessel, or part of any vessel of the United States, shall be valid against any person other than the grantor or mortgagor, his heirs and devisees, and persons having actual notice thereof; unless such bill of sale, mortgage...
Էջ 118 - That when the United States is at war or during any national emergency, the existence of which is declared by proclamation of the President...

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