The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1943-12-28

ties used in connection herewith,
are hereby taken and assumed.
through the secretary of war, as
of 7 o'clock p. M. on the twenty1
81 Eenth day of December, 1943S
Carriers taken over under this
order shall not include, because
not now deemed necessary, street
electric passenger railways, in
Guiding railways commonly called
interurbans, or local public tran
sit systems whether or not the
same be owned or controlled by
any of the systems of transporta-
ton taken hereunder; but if and
when the secretary finds it neces-
sary or appropriate to carry out
the purposes of this order he may,
by subsequent order, take and as
sumo possession, control and op-
GRAFTON of all or any part of any
transportation system, including
subways and tunnels, and any
transportation system so taken
shall be deemed a carrier for
the purposes of this order.
2. The secretary Of war is d.
rected to manage and operate or
orange for the management and
operation of the carriers taken
under this order in such manner
as he deems necessary to assure
to the fullest possible extent con-
tinuous and uninterrupted trans
portation service.
3. In carrying out this order
the secretary may act through
Or with the aid of such public or
private instrumentaities or per-
sons as he may designate, and
may delegate such Of his authority
fas he may deem necessary or
desirable, with power of success
sive re-delegation. The secretary
may issue such general and spe-
clal orders, rules and regulations
as may be necessary or appro-
pirate for carrying out the pur-
pose of this order. All federal
agencies shall comply with the
dlrectives of the secretary here
under and shall cooperate to the
fullest extent of their authority
with the secretary in carrying out
the purposes of this order.
4. The secretary shall permit the
management of carriers taken I'M
der this order to continue their
respective managerial functions
to the maximum degree possible
consistent with the purposes of this
order. Except so far as the secre-
tary shall from tine to time other
wise provide by appropriate order
or regulations, the boards of di-
rectors, trustees, receivers, Off
GERS, and employees of such car
r4ers shall continue the operation
OF the carriers, including the col
lection and disbursement of funds
thereof, in the usual and ordinary
course of the business of the car
r!ers, In the names of their re-
spective companies and by means
SSAASASSs oSoOS1dLlO11S UT
other instrumentalities now utiliz-
ed by the carriers.
S. Except SO far as the secretary
shall from time to time otherwise
determine and provide by appro-
private orders or regulations, exist
ing contracts ana agreements to
which carriers taken here under
are parties snail remain in full
force and effect. Nothing in this
order shall have the effect of sus-
pending or releasing any obliga-
ton owed to any carrier affected
hereby, and all payments shall be
made by the persons obligated to
the carrier to which they are or
may become due. Except as the
secretary may otherwise direct.
dividends on stock and sinking
fund, principal, interest and other
distributions upon bonds, deben-
lures and other obligations NAV
End mi ncs nns