Page:United States Statutes at Large Volume 48 Part 1.djvu/824

This page needs to be proofread.

798

73d CONGRESS . SESS. II. CHS. 344, 345 . MAY 24, 1934 . Repeal provision . Naturalization of wife and mino r ch il- dren of insane declar- ant . Vol . 36, p. 929 ; U.S.C , p 158. Of w idow and mino r children o f deceased declarant . Vol

34, p. 598 ; U.S.C .,p.159. Admi ssio n of alie n wives of world war veterans . Vol . 46,

p . 849 ; U.S .C., Supp.VII, p . 87 . Exi sti ng affected . May 24, 1934 .

AN ACT [H .R . 5950 .] To amend an Act e ntitled "An Act to e stablish a uniform s ystem of bankruptcy [Public, No . 2511

throughout the United States", approved July 1, 1898, and Acts amendatory ther eof and supplementar y thereto . Be it en act ed by the Senate and House of Representatives of the United States of America in Congress assembled, Th at the Act of July 1, 1898, entitled "An Act tto establish a uniform system of bank- ruptcy throughout the United States ", as approv ed July 1, 1898, and Acts amendatory thereof and supplementary thereto be, and they are hereby, amended by adding thereto a new chapter to read as follows Ban kru pt cy Act of 1898, ame ndme nts . Vol .30,p.544 . SEC. 5. The following Acts and parts of Acts, respectively, are repealed : The Act entitled "An Act providing for the naturaliza- tion of the wife and minor children of insane aliens, making home- stead entries under the land laws of the United States ", ap prov ed February 24, 1911 ; subdivision " Sixth " of section 4of the Act entitled "An Act to establish a Bureau of Immigration and Naturali- zation, and to provide for a uniform rule for the naturalization of aliens throughout the United States ", approved June 29, 1906 ; and section 8 of the Act entitled "An Act relative to the naturalization and citizenship of married women ", approved September 22, 1922, as sai d sectio n was ad ded by t he Act a pproved July 3, 1930, en titled "An Act to amend an Act entitled `An Act relative to naturalization and citizenship of married wom en ', approved September 22, 1922 ." rights not The repeal herein made of Acts and parts of Acts shall not affect any right or privilege or terminate any citizenship acquired under such Acts and parts of Acts before such repeal . Approved, May 24, 1934, 12 noon . [CHAPTER 345 .] " CHAPTER IX " PROVI SIONS FOR THE EMER GENCY TEMPOR ARY AID OF INSOLVENT PUBLIC DEBTORS AND TO PRESERVE THE ASSETS THEREOF AND FOR OT HER RELATE D PURPOSES Declaration of policy . " SE C. 78. DECLARATION OF POLICY.-There is hereby found, deter- mined, and declared to exist a national emergency caused by increas- ing financial difficulties of many local governmental units, which rende rs im perati ve th e fur ther e xerci se of the b ankru ptcy powers of the Congress of the United S tates . add iti ona l Courts jurisdiction . ion

"SEC . 79. ADDITIONAL JURISDICTION .-Until the expir ation of two years from the d ate this chapter takes effect, i n addition to the juris- diction exercised in voluntary and involuntary proceedings to adjudge persons bankrupt, courts of bankruptcy shall exercise original jurisdiction in proceedings for the relief of debtors, as provided in this chapter o f this Act . Municipal de bt re- " SEC. 80. MUNICIPAL-DEBT READJUSTMENTS .- (a) Any municipality adjustments . Petition of in solvent or other political subdivision of any State, including (but not hereby taxing district . limiting the ge nerali ty of the foregoing) » y any cou nty, cit y, borou gh, village, parish, town, or township, unincorporated tax or special assessment district, and any school, drainage, irrigation, reclamation, levee, sewer, or paving, sanitary, port, improvement or other districts (hereinafter referred to as a `taxing district'), may file a petition stating that the taxing district is insolvent or unable to meet its debts as they mature, and that it desires to effect a plan of readjustment of where to be filed . its debts . The petition shall be filed with the court in whose terri- torial j urisdict ion the taxing d istrict or the ma jor part thereof is