An Act to incorporate the National Aviation Hall of Fame
PL 88-372 (H.R.8590), enacted 07/14/1964

314 
PUBLIC LAW 88-372-JULY 14, 1964 
[78 STAT. 
Public Law 88-372 
July 14. 1964 
A N A C T 
[H. R. 8590] 
IJIQ incorporate the Aviation Hall of Fame. 
Be it enacted hy the Senate and House of Representatives 
of the 
^jwiation Hall o
f jjJIIIQ^ 'States of America in Congress o^sseinbled^ That the following 
Incorporation. 
personsI Stanley C. Allyn, Oakwood, Ohio; J. L. AtWood, El Se-
gundo, California; C. M. Pat Barnes, Oakwood, Ohio; Robert J. 
Barth, Oakwood, Ohio; Donald H. Battin, Dayton, Ohio; Milton A. 
Caniff, New City, New York; Robert S. Chubb, Oakwood, Ohio; 
Albert N. Clarkson, Dayton, Ohio; Frederick C. Crawford, Cleve-
land, Ohio; Don L. Crawford, Dayton, Ohio; Donald W. Douglas, 
Senior, Santa Monica, California; Charles S. Draper, Cambridge, 
Massachusetts; John G. Fitzpatrick, Oakwood, Ohio; John P. Fraim, 
Junior, Oakwood, Ohio; Courtlandt S. Gross, Burbank, California; 
James W. Jacobs, Dayton, Ohio; Thomas D. Johnson, Xenia, Ohio; 
Gregory C. Karas, Oakwood, Ohio; John W. Kercher, Oakwood, 
Ohio; Eugene W. Kettering, Kettering, Ohio; William G. Kiefaber, 
Dayton, Ohio; Gerald H. Leland, Centerville, Ohio; John A. Lom-
bard, Dayton, Ohio; G. I. Maclntyre, Kettering, Ohio; Fred F. Mar-
shall, Cedarville, Ohio; Robert W. Martin, New York, New York; 
James S. McDonnell, Junior, Saint Louis, Missouri; Karl B. Mills, 
Dayton, Ohio; John B. Montgomery, Murray Hill, New Jersey; 
John H. Murphy, Kettering, Ohio; Larry E. O'Neil, Kettering, Ohio; 
Mundy I. Peale, Farmingdale, Long Island, New York; Louis F. 
Polk, Oakwood, Ohio; Edwin W. Rawlings, Minneapolis, Minnesota; 
Robert G. Ruegg, Wright-Patterson Air Force Base, Ohio; Alden K. 
Sibley, Grosse Pointe Shores, Michigan; Igor I. Sikorsky, Stratford, 
Connecticut; Robert J. Simons, Dayton, Ohio; James H, Straubel, 
Washington, District of Columbia; Charles V. Truax, Kettering, 
Ohio; John P. Turner, Junior, Oakwood, Ohio; Gerald E. Weller, 
Kettering, Ohio; Charles W. Whalen, Junior, Oakwood, Ohio; Ber-
nard L. Whelan, Fairfield, Connecticut; Thomas D. White, Washing-
ton, District of Columbia; Gill Rob Wilson, Claremont, California; 
Louis Wozar, Oakwood, Ohio; and their successors, are hereby created 
and declared to be a body corporate by the name of the Aviation Hall 
of Fame (hereinafter referred to as the "corporation") and by such 
name shall be known and have perpetual succession and the powers, 
limitations, and restrictions herein contained. 
COMPLETION OF ORGANIZATION 
SEC. 2. A majority of the persons named in the first section of this 
Act are authorized to complete the organization of the corporation 
by the selection of officers and employees, the adoption of bylaws, not 
inconsistent with the Act, and the doing of such other acts as may 
be necessary for such purpose. 
PURPOSES OF THE CORPORATION 
SEC. 3. The purposes of the corporation shall be— 
(1) To receive and maintain a fund or funds, and to use and apply 
the whole or any part of the income therefrom, and the principal 
thereof, exclusively for charitable, scientific, literary, or educational 
purposes, either directly or by contributions to organizations duly au-
thorized to carry on similar activities, but no part of such income or 
principal shall be contributed to anj' organization whose net earnings 
or any part thereof inure to the benefit of any private shareholder 
or individual, or any substantial part of the activities of which is 
78 STAT. ] 
PUBLIC LAW 88-372-JULY 14, 1964 
315 
carrying on propaganda, or otherwise attempting to influence legisla-
tion. The detailed purposes hereinafter set forth shall at all times 
be subject to and in furtherance of the provisions contained in this 
paragraph. 
(2) To honor citizens, aviation leaders, pilots, teachers, scientists, 
engineers, inventors, governmental leaders, and other individual who 
have helped to make this Nation great by their outstanding contribu-
tions to the establishment, development, advancement, or improve-
ment of aviation in the United States of America. 
(3) To perpetuate the memory of such persons and record their 
contributions and achievements by the erection and maintenance of 
such buildings, monuments, and edifices as may be deemed appropriate 
as a lasting memorial. 
(4) To foster, promote, and encourage a better sense of appreciation 
of the origins and growth of aviation, especially in the United States 
of America, and the part aviation has played in changing the eco-
nomic, social, and scientific aspects of our Nation. 
(5) To establish and maintam a library and museum for collecting 
and preserving for posterity, the history of those honored by the 
organization, together with a documentation of their accomplishments 
and contributions to aviation, including, but not limited to, such items 
as aviation pictures, paintings, books, papere, documents, scientific 
data, relics, mementos, artifacts, and things relating thereto. 
(6) To cooperate with other recognized aviation organizations 
which are actively engaged and interested in similar projects. 
(7) To engage in any and all activities incidental thereto or neces-
sary, suitable, or proper for the accomplishment of any of the afore-
mentioned purposes. 
CORPORATE 
POWERS 
SEC. 4. The corporation shall have the power— 
(1) to have succession by its corporate name; 
(2) to sue and be sued, complain and defend in any court of 
competent jurisdiction; 
(3) to adopt, use, and alter a corporate seal; 
(4) to choose such officers, trustees, managers, agents, and em-
ployees as the business of the corporation may require; 
(5) to adopt, amend, and alter bylaws, not inconsistent with 
the laws of the United States or any State in which the corpora-
tion is to operate, for the management of its property and the 
regulation of its affairs; 
(6) to contract and be contracted with; 
(7) to take by lease, gift, purchase, grant, devise, or bequest 
from any private corporation, association, partnership, firm, or 
individual and to hold any property, real, personal, or mixed, 
necessary or convenient for attaining the objects and carrying 
into effect the purposes of the corporation, subject, however, to 
applicable provisions of law of any State (A) governing the 
amount or kind of property which may be held by, or (B) other-
wise limiting or controlling the ownership of property by, a cor-
poration operating in such State; 
(8) to transfer, convey, lease, sublease, encumber, and other-
wise alienate real, personal, or mixed property; and 
(9) to borrow money for the purposes of the corporation, issue 
bonds therefor, and secure the same by mortgage, deed of trust, 
pledge, or otherwise, subject in every case to all applicable pro-
visions of Federal and State laws. 
aid 
PUBLIC LAW 88-372-JULY 14, 1964 
[78 STAT. 
PRINCIPAL O F F I C E ; SCOPE OF ACTIVITIES; DISTRICT OF COLUMBIA AGENT 
SEC. 5. (a) 
The principal office of the corporation shall be located 
in Dayton, Ohio, or in such other place as may be later determined 
by the board of trustees, but the activities of the corporation shall not 
be confined to that place, but may be conducted throughout the various 
States, the Commonwealth of Puerto Rico, and the territories and 
possessions of the United States. 
(b) The corporation shall have in the District of Columbia at all 
times a designated agent authorized to accept service of process for 
the corporation; and notice to or service upon such agent shall be 
deemed notice to or service upon the corporation. 
MEMBERSHIP ; VOTING RIGHTS 
SEC 6. (a) Eligibility for membership in the corporation and the 
rights, privileges, and designation of classes of members shall, except 
as provided in this Act, be determined as the bylaws of the corpora-
tion may provide. 
(b) Each member of the corporation given voting rights by the 
bylaws shall have the right to one vote on each matter submitted to a 
vote at all meetings of the voting members of the corporation, which 
vote may be cast in such manner as the bylaws may prescribe. 
BOARD OF TRUSTEES : COMPOSITION, RESPONSIBILITIES 
SEC. 7. (a) Upon enactment of this Act the membership of the initial 
board of trustees of the corporation shall be elected from those per-
sons named in the first section of this Act, their survivors and such 
additional persons, if any, as shall be named by them. 
(b) Thereafter, the board of trustees of the corporation shall con-
sist of such number (not less than eighteen), shall be selected in such 
manner (including the filling of vacancies), and shall serve for such 
term as may be provided in the bylaws of the corporation. 
(c) The board of trustees shall be the governing body of the corpo-
ration, and, during intervals between the meetings of members, shall 
be responsible for the general policies and program of the corporation 
and for the control of all funds of the corporation. 
The board of 
trustees shall appoint a board of nominations from the membership of 
the corporation; may appoint committees which shall have and exercise 
such powers as may be prescribed in the bylaws or by resolution of the 
board of trustees, and which may be all of the powers of the board of 
trustees. 
OFFICERS: ELECTION AND DUTIES OF OFFICERS 
SEC. 8. (a) The officers of the corporation shall be a president, one 
or more vice presidents (as may be prescribed in the bylaws of the 
corporation), a secretary, a treasurer, and such other officers as may 
be provided in the bylaws. 
(b) The officers of the corporation shall be elected in such manner 
and for such terms and with such duties as may be prescribed in the 
bylaws of the corporation. 
BOARD OF NOMINATIONS : COMPOSITION, RESPONSIBILITIES 
SEC. 9. (a) The board of trustees shall appoint a board of nomina-
tions from those persons named in the first section of this Act, their 
survivors and such additional persons, if any, as shall be named by 
them, not concurrently serving as a member of the board of trustees, 
and consisting of such number (not less than twenty-four) ; and shall 
serve for such term as provided in the bylaws of the corporation. 
78 STAT. ] 
PUBLIC LAW 88-372-JULY U , 1964 
317 
(b) The board of nominations shall be the designated body of the 
corporation to nominate United States citizens or residents to be 
honored by the corporation and recommend such persons to the board 
of trustees for consideration as prescribed in the bylaws of the 
corporation. 
USE OF INCOME; LOANS TO OFFICERS, TRUSTEES, OR EMPLOYEES 
SEC. 10. (a) No part of the income or assets of the corporation shall 
inure to any of its members, trustees, members of the board of nomi-
nations, or officers as such, or be distributable to any of them during 
the life of the corporation or upon its dissolution or final liquidation. 
Nothing in this subsection, however, shall be construed to prevent the 
payment of reasonable compensation to officers and employees of the 
corporation in amounts approved by the board of trustees of the 
corporation. 
(D) The corporation shall not make loans to its members, trustees, 
members of the board of nominations, officers, or employees. 
Any 
trustee who votes for or assents to making of a loan or advance to 
a member, member of the board of nominations, officer, trustee, or 
employee of the corporation, and any officer who participates in the 
making of such a loan or advance, shall be jointly and severally liable 
to the corporation for the amount of such loan until the repayment 
thereof. 
NONPOLITICAL NATURE OF CORPORATION 
SEC. 11. The corporation and its members, members of the board of 
nominations, trustees, officers, and employees as such shall not con-
tribute to or otherwise support or assist any political party or candi-
date for public office. 
LIABILITY FOR ACTS OF OFFICERS AND AGENTS 
SEC. 12. The corporation shall be liable for the acts of its officers and 
agents when acting within the scope of their authority. 
PROHIBITION AGAINST ISSUANCE OF STOCK OR PAYMENT OF DIVIDENDS 
SEC. 13. The corporation shall have no power to issue any shares of 
stock or to declare or pay any dividends. 
BOOKS AND RECORDS ; INSPECTION 
SEC. 14. The corporation shall keep correct and complete books 
and records of account and shall keep minuteb of the proceedings of 
its members, board of trustees, board of nominations, and committees 
having any of the authority of the board of trustees; and shall also 
keep at its principal office a record of the names and addresses of its 
members entitled to vote. All books and records of the corporation 
may be inspected by any member entitled to vote, or his agent or 
attorney, for any proper purpose, at any reasonable time. 
AUDIT OF FINANCIAL TRANSACTIONS 
SEC. 15. (a) The accounts of the corporation shall be audited annu-
ally in accordance with generally accepted auditing standards by 
independent certified public accountants or independent licensed 
public accountants, certified or licensed by a regulatory authority of 
a Stat^ or other political subdivision of the United States. The audit 
shall be conducted at the place where the accounts of the corporation 
are normally kept. All books, accoimts, financial records, reports, 
318 
PUBLIC LAW 88-373-JULY 14, 1964 
[78 STAT. 
files, and all other papers, things, or property belonging to or in use 
by the corporation and necessary to facilitate the audit shall be made 
available to the person or persons conducting the audit; and full 
facilities for verifying transactions with the balances or securities 
held by depositories, fiscal agents, and custodians, shall be afforded to 
such person or persons. 
c<fif^°'^* *° 
(b) A report of such audit shall be made by the corporation to the 
ongress. 
Cougress uot later than six months following the close of the fiscal 
year for which the audit is made. 
The report shall set forth the 
scope of the audit and include such statements, together with the 
independent auditor's opinion of those statements, as are necessary 
to present fairly the corporation's assets and liabilities, surplus or 
deficit with an analysis of the changes therein during the year, sup-
plemented in reasonable detail by a statement of the corporation's 
income and expenses during the year including (1) the results of any 
trading, manufacturing, publishing, or other commercial-type en-
deavor carried on by the corporation, and (2) a schedule of all con-
tracts requiring payments in excess of $10,000 and any payments of 
compensation, salaries, or fees at a rate in excess of $10,000 per 
annum. The report shall not be printed as a public document. 
USE OF ASSETS ON DISSOLUTION OR LIQUIDATION 
SEC. 16. Upon dissolution or final liquidation of the corporation, 
after discharge or satisfaction of all outstanding obligations and 
liabilities, the remaining assets, if any, of the corporation shall be 
distributed in accordance with the determination of the board of 
trustees of the corporation and in compliance with the charter and 
bylaws of the corporation and all Federal and State laws applicable 
thereto. Such distribution shall be consistent with the purposes of 
the corporation. 
ACQUISITION OF ASSETS AND LIABIUTIES OF EXISTING CORPORATION 
SEC. 17. The corporation may acquire the assets of the National 
Aviation Hall of Fame, a general, not-for-profit corporation organized 
under the laws of the State of Ohio, upon discharging or satisfactorily 
providing for the payment and discharge of all of the liabilities of 
such corporation. 
RESERVATION OF RIGHT TO AMEND OR REPEAL CHARTER 
SEC. \8. The right to alter, amend, or repeal this Act is expressly 
reserved. 
Approved July 14, 1964. 
Public Law 88-373 
July 14, 1964 
^ ^ ACT 
[H. R. 11257] 
rp,> authorize the sale, without regard to the six-month waiting period pre-
scribed, of lead proposed to be disposed of pursuant to the Strategic and 
Critical Materials Sto<-k Piling Act. 
Be it enacted by the Senate and House of Representatives 
of the 
Lead, disposal. JJnlted States of America in Congress assembled^ That the Adminis-
trator of General Services is hereby authorized to sell, hy negotiation 
or otherwise, at the fair market value thereof, approximately fifty 
thousand short tons of lead now held in the national stock-