An Act to amend the Ship Mortgage Act, 1920, as amended
PL 83-447 (H.R.6276), enacted 06/29/1954

68 S T A T . ] 
PUBLIC LAW 447-JUNE 29, 1954 
323 
without the incurring of an indebtedness within the meaning of the 
Hawaiian Organic Act, revenue bonds may be issued under and pursu-
ant to the provisions of said Revenue Bond Act of 1935 as heretofore 
ratified and confirmed, which shall constitute full authority for the 
issuance of said bonds without reference to and independent of the 
Hawaiian Organic Act: Provided^ however^ That nothing herein con-
tained shall be deemed to prohibit the further amendment of said 
Revenue Bond Act of 1935 in conformity with the authority conferred 
by the Act of July 15, 1935 (49 Stat. 479, 48 U. S. C , 1946 edition, 
562a), and the Act of August 3, 1935 (49 Stat. 516, 48 U. S. C, 1946 
edition, 562d). 
Approved June 29, 1954. 
31 Stat. 141. 
48 u s e 491 note. 
Public Law 446 
CHAPTER 418 
AN ACT 
To amend section 89 of the Hawaiian Organic Act, as aiD<^nded. 
June 29, 1954 
[H. R. 2848] 
Be it enacted hy the Senate and House of Representatives of the 
United States of America in Congress assembled, That section 89 of 
the Hawaiian Organic Act, as amended, be amended to read as follows: 
"SEG. 89. WHARVES AND LANDINGS.—The wharves and landings 
constructed or controlled by the Republic of Hawaii on any seacoast, 
bay, roadstead, or harbor shall remain under the control of the gov-
ernment of the Territory of Hawaii, which shall receive and enjoy 
all revenue derived therefrom." 
Approved June 29, 1954. 
31 Stat. 159. 
48 u s e 510. 
Public Law 447 
CHAPTER 419 
AN ACT 
To amend the Ship Mortgage Act, 1920, as amended. 
Jtine 29, 1954 
[H. R. 62 76] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress a.'isembled, That section 30, sub-
section K, of the Act of June 5, 1920, as amended, known as the Ship 
Mortgage Act, 1920 (41 Stat. 1003), is hereby amended by adding at 
the end of subsection K the following provision : 
"Foreign ship mortgages: As used in subsections K, L, M, and N 
of this section, the term 'preferred mortgage' shall include, in addition 
to a preferred mortgage made pursuant to the provisions of this section, 
any mortgage, hypothecation, or similar charge created as security 
upon any documented foreign vessel (other than a towboat, barge, 
scow, lighter, car float, canal boat, or tank vessel, of less than two 
hundred gross tons) if such mortgage, hypothecation, or similar charge 
has been duly and validly executed in accordance with the laws of the 
foreign nation under the laws of which the vessel is documented and 
has been duly registered in accordance with such laws in a public 
register either at the port of registry of the vessel or at a central office; 
and the term 'preferred mortgage lien' shall also include the lien of 
such mortgage, hypothecation, or similar charge: Provided, 
hotoever. 
That such 'preferred mortgage lien' in the case of a foreign vessel shall 
also be subordinate to maritime liens for repairs, supplies, towage, use 
of drydock or marine railway, or other necessaries, performed or sup-
plied in the United States." 
Approved June 29, 1954. 
F or e i gn s h i p 
mortgages. 
46 u s e 951. 
46 u s e 951-954.