Page:United States Statutes at Large Volume 52.djvu/254

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52 STAT.] 75TH CONG., 3D SESS.-CHS. 140 -142- -APR . 13 , 1938 tion may determine: Provided further, That in carrying out the provisions of this section, the Corporation may purchase securities and obligations, and may make loans, with such maturities as the Corporation may determine, notwithstanding any other provision of law. "The powers granted to the Corporation by this section shall termi- nate on June 30, 1939, or on such earlier date as the President shall determine; but no provision of law terminating any of the functions of the Corporation shall be construed (1) to prohibit disbursement of funds on purchases of securities and obligations, on loans, or on commitments or agreements to make such purchases or loans, made under this section prior to the close of business on June 30, 1939, or such earlier date, or (2) to affect the validity or performance of any agreement to participate in any purchase or loan authorized by this section. "Nothing in this section shall be construed to authorize the Corpo- ration (1) to purchase, or to make any commitment or agreement to purchase, any securities or obligations of any railroad engaged in interstate commerce the obligations of which may be purchased or guaranteed by the Corporation under section 5 of this Act only with the approval of the Interstate Commerce Commission, or (2) to make any loan, or any commitment or agreement to make a loan, to any such railroad or to any receiver or trustee thereof." Approved, April 13, 1938. [CHAPTER 141] AN ACT To set aside certain lands in Oklahoma for the Cheyenne and Arapahoe Indians. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That there is hereby eliminated from the Seger School Reserve and set aside for the use and benefit of the Indians of the Cheyenne and Arapahoe Reservation in Oklahoma, in township 10 north, range 14 west, Indian meridian all of sections 22 and 23, all of section 21, except the east half northwest quarter and east half east half west half northwest quarter, and in section 15 a tract beginning at the northeast corner thereof, thence west along the north line of the section eighty-eight rods, thence south one hundred and sixty rods, thence east eighty- eight rods to the east line of the section, thence north one hundred and sixty rods to the point of beginning: Provided,That until other- wise directed by Congress none of the lands shall be allotted in severalty. Approved, April 13, 1938. ICHAPTER 142] AN ACT To promote air commerce by providing for the closing of Military Road. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of War is authorized and directed to convey by quitclaim deed to the National Airport Corporation, a corporation organized under the laws of the State of Delaware, the lands forming that part of Military Road, Fort Myer Military Reservation, Arlington County, Virginia, 213 Maturities. Termination of powers. Prior loans or com- mitments. Validity, etc. , of loan agreements. Restriction on loans to railroads. 47 Stat. 6. 15U..C.§605; Supp. III, § 605. April 13, 1938 [S. 2698] [Public, No. 480] Cheyenne and Arap- ahoe Indians, Okla. Designated lands set aside for use of. Description. Provoio. Allotment In sever- alty forbidden. April 13, 1938 S. 33041 [Public, No. 481] Military Road, Va. Conveyance of por- tion of, to National Airport Corporation.