 Lakes, involve an obligation in a principal amount which does not exceed 75 per centum of the net purchase price of such vessels plus 75 per centum of the amounts expended for altering, modifying, converting, and equipping such vessels in excess of that...  Standby Mortgage Legislation - Page 2by United States. Congress. Senate. Committee on Interstate and Foreign Commerce. Subcommittee on Merchant Marine and Fisheries - 1959 - 49 pagesFull view - About this book
 | United States. Congress. House. Committee on Merchant Marine and Fisheries - 1954 - 220 pages
...per centum of the amounts expended for altering, modifying, converting, and equipping snch vessels in excess of that purchase price, or 75 per centum...purchased for exclusive use on the Great Lakes when the reconstruction or reconditioning ia completed, whichever Is the lesser;". (4) By striking out in... | |
 | United States. Congress. House. Merchant Marine and Fisheries - 1954 - 158 pages
...per centum of the amount* expended for altering, modifying, converting, and equipping such vessels in excess of that purchase price, or 75 per centum...purchased for exclusive use on the Great Lakes when the reconstruction or reconditioning is completed, whichever Is the lesser;". (4) By striking out in... | |
 | United States. Congress. Senate. Interstate and Foreign Commerce - 1957 - 248 pages
...per centum of the amounts expended for altering, modifying, converting, and equipping such vessels in excess of that purchase price, or 75 per centum...purchased for exclusive use on the Great Lakes when the reconstruction or reconditioning is completed, whichever is the lesser ; (3) shall secure bonds,... | |
 | United States - 1957 - 256 pages
...per centum of the amounts expended for altering, modifying, converting, and equipping such vessels in excess of that purchase price, or 75 per centum...purchased for exclusive use on the Great Lakes when the reconstruction or reconditioning is completed, whichever is the lesser: "(3) shall secure bonds,... | |
 | United States. Congress. Senate. Committee on Interstate and Foreign Commerce - 1958 - 92 pages
...aid for construction under section 509 of this Act and in respect of which the minimum down payment by the mortgagor required by that section would be...4. Subsections (3), (4), (5), (6), (7), (8), (9), (10), and (11) of section 1104 (a) are redesignated subsections (4), (5), (6), (7), (8), (9), (10),... | |
 | United States. Congress. Senate. Committee on Interstate and Foreign Commerce - 1958 - 88 pages
...aid for construction under section 509 of this Act and in respect of which the minimum down payment by the mortgagor required by that section would be...reconditioning is completed, whichever is the lesser." SEO. 4. Subsections (3), (4), (5), (6), (7), (8), (9), (10), and (11) of section 1104 (a) are redesignated... | |
 | United States. Congress. House. Merchant Marine and Fisheries - 1959 - 102 pages
...of a mortgage covering the vessel or vessels to be constructed, reconstructed or reconditioned, (i) if the vessel is of a size and speed which are approved...4. Subsections (3), (4), (5), (6), (7), (8), (9), (10), and (11) of section 1104(a) are redesignated subsections (4), (5), (6), (7), (8), (9), (10),... | |
 | United States - 1960 - 924 pages
...of the amounts expended for altering, modifying, converting, and equipping such vessels in excès* of that purchase price, or 75 per centum of the amount...purchased for exclusive use on the Great Lakes when the reconstruction or reconditioning is completed, whichever is the lauer: 6a stat. l "(8) shall secure... | |
 | United States. Congress. Senate. Commerce - 1966 - 328 pages
...per centum of the amounts expended for altering, modifying, converting, and equipping such vessels in excess of that purchase price, or 75 per centum...purchased for exclusive use on the Great Lakes when the reconstruction or reconditioning is completed, whichever is the lesser; (3) except as otherwise... | |
| |
