44
PUBLIC LAW85-43-MAY 31, 1957
[71 STAT
deed dated May 14, 1940, filed of record in volume 667, at page 290 of the deed records of E l Faso County, Texas, (1) consenting on behalf of the United States that the said municipal corporations may voluntarily partition between them the land so granted: Provided, That the reversionary provisions in said deed shall remain unaffected by such partition; and (2) providing for the exchange by either or both of said grantee municipal corporations in accord with the provisions of section 2 hereof of the lands so granted and so partitioned for other lands of not less than an equal area and value, as determined by the Secretary of State, as said municipal corporations, or either of them, may deem more suitable for public educational purposes. SEC. 2. When the agreement contemplated by section 1 hereof shall have been concluded, there shall be exchanged simultaneously by the parties in interest such deeds and other instruments as may be required by the laws of the State of Texas (1) to effect a waiver by the Secretary of State on behalf of the Government of the United States of the reversionary interest which it has in the lands covered by the partition and to be exchanged; (2) to vest in the Government of the United States in the lands to be received in exchange by the said municipal corporations, or either of them, for their portions or portion of the lands to be partitioned a reversionary interest which reversionary interest shall be of like intent and legal effect as the reversionary interest retained by the United States under the provisions in the said deed of May 14, 1940, to said municipal corporations; and (3) to effect the exchange between the present owners in fee simple of the lands covered by the partition and of those for which the exchange is to be made: Provided, however, That none of the instruments of title shall be valid until all necessary deeds and other instruments have been executed and exchanged: And provided further, That the exchange of lands herein contemplated shall be without cost to the United States. SEC. 3. The Secretary of State is further authorized to execute on behalf of the Government of the United States such deeds and other instruments of title as shall be necessary to carry out the purpose of this A-Ct. Approved May 31, 1957.
Public Law 85-43 „
,.,nc,
May 31, 1957 [H. R. 4285]
g«vy* ^^ ecmipment. 70A Stat. 448.
AN ACT -PQ authorize the sale of degaussing equipment by the Department of the Navy to the owners or operators of privately owned merchant ships of United States registry.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That title 10, United States Code, is amended— ^^^ 1^^ inserting after section 7229 a new section reading as follows: "§ 7230. Sale of degaussing equipment "The Secretary of the Navy, under such regulations as he prescribes, may sell at prices which represent the current or estimated replacement cost to the Navy, to owners or operators of privately owned merchant ships of United States registry, degaussing equipment available from Navy stock but not readily available commercially, in order to promote the installation, repair, and maintenance of degaussing equipment on American vessels. Collections received from such sales shall be reimbursed to the current appropriation or fund concerned."
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