Sale of Government-owned Surplus Tanker Vessels: Hearings Before the Permanent Subcommittee on Investigations of the Committee on Government Operations, United States Senate, Eighty-second Congress, Second Session, Pursuant to S. Res. 251, a Resolution Authorizing the Committee on Expenditures in the Executive Departments to Carry Out Certain Duties |
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Page 9
... tion back in October 1950 . Mr. FLANAGAN . Do you know why the Commission , which was operating under the same law that you are , did not follow that line of reasoning back in 1947 and 1948 and 1949 ? Admiral COCHRANE . I am sorry . I ...
... tion back in October 1950 . Mr. FLANAGAN . Do you know why the Commission , which was operating under the same law that you are , did not follow that line of reasoning back in 1947 and 1948 and 1949 ? Admiral COCHRANE . I am sorry . I ...
Page 16
... tion : 150 to noncitizens ; and 66 to United States citizens for transfer foreign of both title and registry . This left 111 tankers available for sale . There were pending on that date applications for the purchase of 25 tankers by ...
... tion : 150 to noncitizens ; and 66 to United States citizens for transfer foreign of both title and registry . This left 111 tankers available for sale . There were pending on that date applications for the purchase of 25 tankers by ...
Page 20
... tion on its merits . Section 37 was in effect during World II , and until July 25 , 1947 , when , by the terms of Public Law 239 , Eightieth Congress , the Con- gress declared the national emergency of September 8 , 1939 , and May 27 ...
... tion on its merits . Section 37 was in effect during World II , and until July 25 , 1947 , when , by the terms of Public Law 239 , Eightieth Congress , the Con- gress declared the national emergency of September 8 , 1939 , and May 27 ...
Page 26
... tion from the Maritime Commission to AOTC , at which time they ad- vised American Overseas that they were authorizing the sale of five tankers to American Overseas . Mr. FLANAGAN . In other words , right there , Mr. Leece : AOTC ...
... tion from the Maritime Commission to AOTC , at which time they ad- vised American Overseas that they were authorizing the sale of five tankers to American Overseas . Mr. FLANAGAN . In other words , right there , Mr. Leece : AOTC ...
Page 31
... tion No. 251 , Eighty - second Congress , second session , agreed to Jan- uary 24 , 1952 , in room 357 of the Senate Office Building , Senator Clyde R. Hoey ( chairman of the subcommittee ) presiding . Present : Senators Hoey ...
... tion No. 251 , Eighty - second Congress , second session , agreed to Jan- uary 24 , 1952 , in room 357 of the Senate Office Building , Senator Clyde R. Hoey ( chairman of the subcommittee ) presiding . Present : Senators Hoey ...
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Common terms and phrases
Admiral COCHRANE Admiral SMITH agree agreement allocated amendment American Overseas Tanker answer Antelope Hills AOTC application approval attorney Buyer Casey group Chairman China International Foundation China Trading Chinese Petroleum committee Communist China CONGRESS correct counsel delivery Department discussed DORN drydocking DUDLEY Exhibit fact filed FLANAGAN foreign FRANTZ Goertner going Government GREENWICH MARINE CORPORATION GUTHRIE interest January January 24 Kettleman Hills KLEIN KoNow LEECE LENFEST letter Maritime Commission matter MCKEOUGH Meacham ment MORRIS mortgage National Resources Commission National Tanker Corp Nationalist Newbold Morris Niarchos operation option Overseas Tanker Corp Owner paid Panamanian percent ports president purchase question recall recollection record referred ROSENBAUM Senator HOEY Senator MCCARTHY Senator MCCLELLAN Senator MUNDT Senator NIXON shares Ship Sales Act statement stockholders SYRAN testimony thereof tion transaction understand United Tanker Corp vessels WASSON
Popular passages
Page 726 - Whoever, having taken an oath before a competent tribunal, officer, or person, in any case in which a law of the United States authorizes an oath to be administered, that he will testify.
Page 2 - ... operated under the United States flag by citizens of the United States insofar as may be practicable, and (d) composed of the best-equipped, safest, and most suitable types of vessels, constructed in the United States and manned with a trained and efficient citizen personnel. It is hereby declared to be the policy of the United States to foster the development and encourage the maintenance of such a merchant marine.
Page 658 - ... instrument; that he knows the seal of said corporation; that the seal affixed to said instrument is such corporate seal; that it was so affixed by order of the board of directors of said corporation, and that he signed his name thereto by like order.
Page 733 - citizen of the United States" include a corporation, partnership, or association only if it is a citizen of the United States within the meaning of section 2 of the Shipping Act, 1916, as amended (USC, title 46, sec.
Page 732 - That within the meaning of this Act no corporation, partnership, or association shall be deemed a citizen of the United States unless the controlling interest therein is owned by citizens of the United States...
Page 2 - It is necessary for the national defense and development of its foreign and domestic commerce that the United States shall have a merchant marine (a) sufficient to carry its domestic waterborne commerce and a substantial portion of the waterborne export and import foreign commerce of the United States...
Page 6 - ... may be exercised, directly or indirectly, in behalf of any person who is not a citizen of the United States...
Page 16 - ... citizen of the United States, or transfer or place under foreign registry or flag, any vessel or any interest therein owned in whole or in part by a citizen of the United States...
Page 624 - States (a) if the title to 75 per centum of its stock is not vested in such citizens free from any trust or fiduciary obligation in favor of any person not a citizen of the United States...
Page 729 - ... and the corporation itself is organized under the laws of the United States or of a State, Territory, District, or possession thereof...