An Act to amend section 3121 of the Internal Revenue Code
PL 82-145 (H.R.4014), enacted 09/14/1951

322 
PUBLIC LAW 144—SEPT. 13, 1951 
[65 STAT. 
September 13, 1951 
[H. R. 4260] 
Public Law 144 
CHAPTER 
3 8 3 
AN ACT 
To authorize the Secretary of the Army to transfer to the Department of the 
Interior the Quartermaster Experimental Fuel Station, Pike County, Missouri. 
Be it enacted hy the Senate and House of Representatives 
of the 
peEntS^pie'i .S- United States of Amenca in Congress assembled. That the Secretary 
tion, Pike County, of the Army is authorized to transfer to the Department of the 
Interior, without compensation therefor, for use in connection with 
the development of synthetic liquid fuels, all that real property and 
interests therein, comprising approximately three hundred and ninety-
one acres, known as the Quartermaster Experimental Fuel Station in 
Pike County, Missouri, as delineated on map dated July 13, 1948, 
designated as "Final Project Ownership Map, Quartermaster Experi-
mental Fuel Station", on file in the Office, Chief of Engineers, Depart-
ment of the Army, and all personal property therein at the time of 
approval of this Act: Provided^ That at such time as the property 
herein authorized for transfer is no longer required for the purpose 
stated, it shall be returned to the Department of the Army. 
Approved September 13, 1951. 
September 14,1951 
[H. R. 4014] 
Public Law 145 
CHAPTER 
4 0 0 
AN ACT 
To amend section 3121 of the Internal Revenue Code. 
Internal 
Revenue 
Code, amendment. 
53 Stat. 363. 
26U.S. C. S3121. 
38 Stat. 722. 
53 Stat. 28. 
26 U. S. C. § 53 (a) 
(2). 
Be it enxicted hy the Senate and House of Representatives 
of the 
United States of America in Congress assenwled^ That section 3121 of 
the Internal Revenue Code is hereby amended by striking out " ( d ) " 
at the beginning of subsection (d) and inserting in lieu thereof "(e)", 
and by inserting after subsection (c) the following: 
"(d) APPLIOABILTTT OF OTHER LAWS.—The provisions, including 
penalties, of sections 9 and 10 of the Federal Trade Commission Act 
(U. S. C, title 15, sees. 49, 50), as now or hereafter amended, shall 
be applicable to the jurisdiction, powers, and duties under this part 
of the Secretary, and to any person (whether or not a corporation) 
subject to the provisions of this part." 
SEC. 2. Notwithstanding the six-month limitation contained in 
section 53 (a) (2) of the Internal Revenue Code, extensions of time 
may be granted under such section, but not beyond November 15,1951, 
for the filing by any corporation subject to the excess profits tax 
imposed by chapter 1 of such code of the return of the taxes imposed 
by such chapter for any taxable year ending after J une 30, 1950, and 
before February 1,1951. 
Approved September 14, 1951. 
September 16,1951 
[H. R. 3463] 
Public Law 146 
CHAPTER 
401 
AN ACT 
To autliorize the transfer of certain naval vessels. 
Be it enacted hy the Senate and House of Representatives 
of the 
aTatvSseif ''*'^*^"' United States of Amenca 
in Congress assembled^ That, notwith-
standing the provisions of section 4 of Public Law 3, Eighty-second 
Ante, p. i. 
Congress, approved March 10, 1951, the transfer of two destroyer 
65 STAT.] 
PUBLIC LAW 148—SEPT. 15, 1951 
323 
escorts to France, two destroyer escorts to Denmark, three destroyer 
escorts to Peru, and two destroyer escorts to Uruguay is authorized 
under the provisions and limitations contained in the Mutual Defense 
Assistance Act of 1949, as amended. 
SEC. 2. Notwithstanding the provisions of section 4 of Public Law 
3, Eighty-second Congress, approved March 10, 1951, the transfer of 
eight destroyer escorts to Brazil, one destroyer escort to Great Britain, 
and six destroyer escorts to France is authorized under the provisions 
and limitations contained in the Mutual Defense Assistance Act of 
1949, as amended: Provided^ That the destroyer escorts, the transfer 
of which is authorized by this section, are on the date of approval of 
this Act in the possession of the Governments named in this section 
under agreements made pursuant to an Act to promote the defense of 
the United States, approved March 11,1941, as amended. 
Approved September 15, 1951. 
63 Stat. 714. 
22 U. S. C. 
note. 
1571 
55 Stat. 31. 
22U.S.C. §411 note. 
Public Law 147 
CHAPTER 402 
AN ACT 
To amend section 125 of the National Defense Act to provide that distinctive 
marl£ or insignia shall not be required in the uniforms worn by members of 
the National Guard of the United States, both Army and Air. 
September 15, 1951 
[H. R. 4113] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That section 125, 
National Defense Act (39 Stat. 216), as amended, be further amended 
by deleting after the word "by" in the second proviso the words 
"officers or enlisted men of the National Guard, or by". 
Approved September 15, 1951. 
10 U. S. C. § 1393. 
Public Law 148 
CHAPTER 404 
AN ACT 
To provide that certain functions of the Comptroller of the Currency which 
relate to building associations organized in, or doing business in, the District 
of Columbia shall hereafter be performed by the Home Loan Bank Board, and 
for other purposes. 
September 15,1951 
[H. R. 3957] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That section 691 of 
the Act of March 3,1901, entitled "An Act to establish a code of law for 
the District of Columbia", as amended (D. C. Code, sec. 26-404), is 
hereby amended— 
(1) by striking out "the Comptroller of the Currency, in addi-
tion to the powers conferred upon him by law for the examination 
of national banks, is further authorized, whenever he may deem it 
useful", and by inserting in lieu thereof "the Home Loan Bank 
Board is authorized, whenever such Board may deem it useful"; 
(2) by striking out "not exceed the sum of twenty-five dollars 
for the first five hundred thousand dollars or fractional part 
thereof of assets and the sum of ten dollars for each additional 
two hundred and fifty thousand dollars or fractional part thereof 
of assets, and"; 
(3) by striking out "The said comptroller shall also have power 
to take possession of any company or association whenever in his 
judgment it is insolvent or is knowingly violating the laws under 
which such company is incorporated, and to liquidate the same in 
District of Colum-
bia. 
Home Loan Bank 
Board. 
31 Stat. 1299.