Chapter 70.
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/statutes-at-large/vol-42/chapter-70-5099644·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CHAP. 70.— Joint Resolution Authorizing the President to require the United States Sugar Equalization Board (Incorporated) to take over and dispose of five thousand tons of sugar imported from the Argentine Republic. February 12, 1923.[[S. J. Res. 79](/us/bill/67/sjres/79).][[Pub. Res., No. 89](/us/67/pubres/89).] Resolved by the Senate and House of Representatives of the United States of America in Congress assembled,Sugar Equalization Board.To take over and dispose of sugar imported from Argentina y Government direction.
That the President is authorized to require the United States Sugar Equalization Board (Incorporated) to take over from the corporation P. DeRonde and Company (Incorporated) a certain transaction entered into and carried on by said corporation at the request and under the direction of the Department of Justice, which transaction involved the purchase in the Argentine Republic, between the 15th day of June, 1920, and the 22d day of June, 1920, of five thousand tons of sugar, the importation thereof into the United States and the distribution of a portion of the same within the United States, and to require the said United States Sugar Equalization Board (Incorporated) to dispense of any of said sugar so imported remaining undisposed of and to Payment to P.
DeRonde and Company of its actual loss.liquidate and adjust the entire transaction, paying to the corporation aforesaid such sum as may be found by said board to represent the actual loss sustained by them in said transaction, and for this purpose the President is authorized to vote or use the stock of the corporation held by him, or otherwise exercise or use his control over the said United States Sugar Equalization Board and its directors, and to continue the said corporation for such time as may be necessary to carry out the intention of this joint resolution.
Received by the President, January 31, 1923. [Note by the Department or State.— The foregoing joint resolution having been presented to the President of the United States for his approval, and not having been returned by him to the house of Congress in which it originated within the time prescribed by the Constitution of the United States, has become a law without his approval.]