Page:United States Statutes at Large Volume 73.djvu/218

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[73 Stat. 180]
PUBLIC LAW 86-000—MMMM. DD, 1959
[73 Stat. 180]

PUBLIC LAW 86-81-JULY 8, 1959

180

60 Stat. 10821091. 68 Stat. 574. 7 USC 4271. P ub l i c i t y propaganda.

or

Short title.

[73

ST A T.

available, no part of the funds appropriated by this Act shall be expended in the purchase of twine manufactured from commodities or materials produced outside of the United States. SEC. 406. Not less than $1,500,000 of the appropriations of the Department for research and service work authorized by the Acts of August 14, 1946, July 28, 1954, and September 6, 1958 (7 U.S.C. 427, 1621-1629; 72 Stat. 1793), shall be available for contracting in accordance with said Acts. SEC. 407. No part of any appropriation contained in this Act or of the funds available for expenditure by any corporation or agency included in this Act shall be used for publicity or propaganda purposes to support or defeat legislation pending before the Congress. This Act may be cited as the "Department of Agriculture and F a r m Credit Administration Appropriation Act, 1960". Approved July 8, 1959. Public Law 86-81

July 8, 1959 [S. 1368]

Federal Aviation Act of 1958, amendment. 72 Stat. 7 7 2.

49 USC 1403.

49 USC 1404.

AN ACT To amend sections 503 and 504 of the Federal Aviation Act of 1958 to facilitate financing of certain aircraft engines and propellers. Be it enouctedhy the Senate and House of Representatives of the United States of America in Congress assembled, That paragraph (2) of section 503(a) of the Federal Aviation Act of 1958 is amended to read as follows: "(2) Any lease, and any mortgage, equipment trust, contract of conditional sale, or other instrument executed for security purposes, which lease or other instrument affects the title to, or any interest in, any specifically identified aircraft engine or engines of seven hundred and fifty or more rated takeoff horsepower for each such engine or the equivalent of such horsepower, or any specifically identified aircraft propeller capable of absorbing seven hundred and fifty or more rated takeoff shaft horsepower, and also any assignment or amendment thereof or supplement thereto;". SEC. 2. Section 504 of the Federal Aviation Act of 1958 is amended to read as follows: "LIMITATION OF SECURITY OWNERS LIABILITY

"SEC. 504. No person having a security interest in, or security title to, any civil aircraft, aircraft engine, or propeller under a contract of conditional sale, equipment trust, chattel or corporate mortgage, or other instrument of similar nature, and no lessor of any such aircraft, aircraft engine, or propeller under a bona fide lease of thirty days or more, shall be liable by reason of such interest or title, or by reason of his interest as lessor or owner of the aircraft, aircraft engine, or propeller so leased, for any injury to or death of persons, or damage to or loss of property, on the surface of the earth (whether on land or water) caused by such aircraft, aircraft engine, or propeller, or by the ascent, descent, or flight of such aircraft, aircraft engine, or propeller or by the dropping or falling of an object therefrom, unless such aircraft, aircraft engine, or propeller is in the actual possession or control of such person at the time of such injury, death, damage, or loss."