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Code · STATUTES-AT-LARGE · Vol. 44 STAT. · April 30, 1926 · Chapter 203

Chapter 203. To authorize the Secretary of War to lease to the Bush Terminal Railroad Company and to the Long island Railroad use of railway tracks at Army supply base, South Brooklyn, New York

360 words·~2 min read·/statutes-at-large/vol-44/chapter-203-18806997·

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CHAP. 203.— An Act To authorize the Secretary of War to lease to the Bush Terminal Railroad Company and to the Long island Railroad use of railway tracks at Army supply base, South Brooklyn, New York.April 30, 1926.[[S. 1486](/us/bill/69/s/1486).][[Public, No. 163](/us/69/pl/163).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*,South Brooklyn, N. Y., Army supply base.Lease of tracks, to the Bush Terminal, and the Long Island Railroads.
That the Secretary of War be, and hereby is, authorized in his discretion to enter into and execute, upon such terms and conditions as he considers advisable, a lease or leases, joint or several, to the Bush Terminal Railroad Company and the Long Island Railroad, authorizing, for the interchange of freight between said railroads during the term thereof, such use of the tracks of any Government railroad as may be maintained within the limits of the Army supply base, at South Brooklyn, New York, as will not interfere with the proper and necessary use of said trades by the Government in the transaction and operation of its own business at said Army supply base: *Proviso*.Bush Terminal Railway Company to waive claims, etc., against United States.*Provided*, That any such lease to the Bush Terminal Railroad Company shall become effective only upon waiver and surrender by the Bush Terminal Railroad Company of any and all claims against the United States and the discontinuance without cost of any action now pending by said company against the United States in any manner accruing from, connected with, or growing out of the use, occupation, or curtailment by the United States of the franchise rights of said railroad company and of any and all claims of any character whatsoever against the United States, except for any balance which may be due such railroad company for the physical value of track and overhead appropriated and retained by the United Term of lease.States.
The term of any such lease shall be for such period as the Secretary of War shall determine, not in excess of the unexpired portion of any franchise so appropriated or any renewal thereof. Approved, April 30, 1926.
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