Page:United States Statutes at Large Volume 41 Part 1.djvu/469

This page needs to be proofread.

448 SIXTY-SIXTH CONGRESS. Sess. II. Ch. 85. 1920. G°°°’°‘P'°"’*°”$· GENERAL, PROVISIONS srruoannn TO coax., rnosrnsrn, sonnm, on., on. SHALE, Ann oss Lnasns. c°};i,"}}}ji,“§’,,{ Y; 3*;}; Sec. 26. That the Secretary of the Interior shall reserve and may sence- exercise the authority to cancel any prospecting permit upon failure b the 'ttee to exercise due d n e the rosecution of the Y nam . . deze <= m (y . . prospecting work in accordance with the terms an conditions stated m the_perm1t, and shall insert in every such permit issued under the pirlulvisions of this Act appropriate provisions for its canwllation by g$.i%.ii'§,p'§°LE_°§Z‘l5 Sec. 27. {Phat no lperson, association, or corporation, except as wx: herein provided, sha take or hold more than one coal, phosphate, or K"` sodium lease dining the life of such lease in an one State; no person, association, or corporation shall take or hold, at one time, more than three oil or gas leases granted hereunder in any one State, and not more than one lease within the geologic structure of the same _!$;¤rp¤r¤¤¤¤ inter- producing oil or gas field; no corporation shall hold an interest as hpgme in other ia. stockholiier of another corporation alrpor; than such number of · eases; an no person or co oration s ta e or ho d an interest or interests as a memberolfpan association or association; or as a stockholder of a corporation or corporations holding a lease under the provisions hereo , which, toget er with the area embraced_in any l1'6Ct·h0ld1Dg of a lease under this Act, or which, together with any_other mterest or mterests as a member of an association or associations or as a stockholder of a corporation or corporations holdin a lease under the provisions hereof, for any kind of mineral leased hereunder, exceeds in the agiegate an amount equivalent to the F _ maximum number of acres of the resggctive kinds of minerals allowed mbgityggg P*°· to_a.ng one lessee under this Act. y interests held in violation of this _ ct shall be forfeited to the United States b appropriate proceedurfs instituted by the Attorney General for that purpose in the Umte States district court for the district in which the property, bérggiggurgtenoiing or some part thereof, is located, except that any ownership or interest forbidden m this Act which may be acquired gr descent, w1H judg- Pmi N ment, or decree may be held for_two years an not longer after its EmIjm;¤S_ acqnnsitnon: That nothing herein contamed shall be consm, pp.i43—446. strued to hmit sections 1§,_18a., 19, and 22 or to prevent any number hgrpgmagjgs 1:;;;- of lessees under the provisions of this Act from combining their sevm_,,,,,,¢mm,,d_ ’ eral interests so far as may be necessary for the purposes of constructing and carrying on the business of a refinery, or of establishing and constructing as a common carrner a pipe line or lines of railroads Comma po be uperated and used by them jlomtly in the transportation of oil

   {E? Sr i‘§52¥Z£3L(ZZi?.i20`§£?m H °pWm.° L %}’°?§$ l°Si~ii°°2“"d°” ““"’

·. ¤. · coa: u er, a an combmatnon for such purpose or purposes shall be subject to the apjoroval Formm mr mh- of the Secretary of the Interior on application to him for permission ,_,,_,,;,,, gw, ,0 _;,,,,,_ to form the same: And jurt er, That if any of the lands or

>j¤jg;;;eu;;_g f¤S¤¤¤¤¤ deposits leased under the provisions of this Act shall be subleased,

trusteed, (ppessessed, or controlled by any device permanently, temporarily, ctly, mdirectly, tacitly, or ni any manner whatsoever, so that they form part of, or are m anywise controlled by an combipatron in the form of an unlawful trust, with consent of lsessee, or om; the_ subject of any contract or conspirauy lll restraint of trade in the mimncgor selling) of coal, phosphate, 0 , 011 shale, gas, or sodium entere mto by the lessee, o1·_any agreement or understanding, wr1_tten,_verbal, or otherwise to which such lessee shall be a part of which his or 1tS output IS to be or become the subject to controlythe pruce or pricesthereof or of any holding of such lands by any individua , partnership, association, corporation, or control, in excess of the amounts of lands provided in this Act, the lease thereof shall be forfeited by appropriate court proceedings.