An Act to amend the Interstate Commerce Act to increase the amounts of securities issued by motor carriers without requiring approval by the Interstate Commerce Commission
PL 82-492 (S.2360), enacted 07/10/1952

542 
PUBLIC LAW 492-JULY 10, 1952 
[66 STAT. 
Board of Education of the State of Florida, for the use and benefit 
of the University of Florida for educational purposes primarily con-
cerned with conservation of natural resources, land utilization, for-
estry, biology, botany, and natural history, such portions of the area 
known as the Welaka Fish Hatchery, Putnam County, Florida, aggre-
gating approximately fifty-five acres, as he may determine to be excess 
to the needs of the Department of the Interior, and available for the 
aforesaid purposes. 
SEC. 2. The property to be conveyed shall include both the land and 
the improvements thereon: Provided, That the United States reserves 
the right to remove, at any time within a period of two years from the 
date of approval of this Act, any of said improvements constructed 
by it or financed out of its funds. 
SEC. 3. The use of said property shall be subject to all easements, 
rights-of-way, licenses, leases, and outstanding interests in, upon, 
across, or through said property which have heretofore been granted 
or reserved by the United States or its predecessors in title. 
SEC. 4. The United States reserves the rights to all minerals upon 
or in said property, together with the usual mining rights, powers, and 
privileges, including the right of access to and use of such portions of 
the surface of said property as may be necessary for mining and 
removing said minerals. 
SEC. 5. Title to or control over the lands conveyed under the author-
ity of this Act may not be transferred by the grantee or its successor, 
except with the consent of the Secretary of the Interior. The grantee 
or its successor may not change the use of the lands from the educa-
tional purposes specified in section 1 of this Act to another or addi-
tional use, except with the consent of the Secretary. If at any time 
after the lands are conveyed under this Act, the grantee or its suc-
cessor attempts to transfer title to or control over these lands to an-
other or the lands are devoted to a use other than the educational 
purposes specified in section 1, without the consent of the Secretary, 
title to the lands shall revert to the United States. Such reversion shall 
be considered effective and established upon the mailing of notice 
thereof to the State Board of Education of Florida, or its successor, 
by the Secretary. 
Approved July 10, 1952. 
Public Law 492 
CHAPTER 648 
AN ACT 
[S. 2360] 
To amend the Interstate Commerce Act to increase the amounts of securities 
issued by motor carriers without requiring approval by the Interstate Commerce 
Commission. 
July 10, 1952 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That section 214 of 
49 u#c iU' 
^^^ Interstate Commerce Act, as amended, is amended by (1) striking 
out the figure "$500,000" in the first proviso and inserting the figure 
"$1,000,000" in lieu thereof, and (2) striking out the figure "$100,000" 
in the first proviso and inserting the figure "$200,000" in lieu thereof. 
Approved July 10, 1952.