An Act to amend certain provisions of the Trust Indenture Act of 1939, as amended.
PL 86-760 (S.3771), enacted 09/13/1960

902 
PUBLIC LAW 86-759-SEPT. 13, 1960 
[74 S T A T , 
SEC. 2. The amendment made by the first section of this Act shall 
apply only with respect to applications submitted to the Civil Aero-
nautics Board on or after the date of enactment of this Act. 
Approved September 13, 1960. 
Public Law 86-759 
September 13, 196b 
[S. 1663] 
B i s m a r c k , N. 
Dak., landconveyT 
ance. 
AN ACT 
Directirg the Secretary of the Interior to convey certain property in the State 
of North Daliota to the city of Bismarck, North Dakota 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That in order to 
clear the title to the property hereinafter described the Secretary of 
the Interior is authorized and directed to convey by quitclaim deed, 
without consideration, to the city of Bismarck, North Dakota, all 
right, title, and interest of the United States in and to the following 
described tract of land, together with all buildings and other improve-
ments thereon, situated in the city of Bismarck, North Dakota: 
Part of the southeast quarter of section 5, township 138, range 80, 
beginning at the southeast comer of such section, thence due west 
for 1,786 feet, thence north 25 degrees and 46 minutes west a distance 
of 1,122.5 feet, thence north 66 degrees and 39 minutes west a distance 
of 454.9 feet, thence north 33 degrees and 22 minutes west a distance 
of 679 feet, thence north 25 degrees and 24 minutes west a distance 
of 610 feet, thence around a 30-degree 49-minute curve to the right 
a distance of 374.4 feet, thence due east 66 feet south of the quarter 
line of such section 5 a distance of 1,103 feet, thence due south a 
distance of 1,214 feet, and thence due east a distance of 1,220 feet, and 
thence due south a distance of 1,360 feet to the point of beginning. 
Approved September 13, 1960. 
Public Law 86-760 
September 13, I960 
A N 
A C T 
[8. 3771] 
rpQ amend certain provisions of the Trust Indenture Act of 1939, as amended. 
Trust 
Indenture 
Act of 1939, amend-
ment. 
53 Stat. 1153. 
15 u s e 77ddd. 
Be it eruwted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That subsection (c) 
of section 304 of the Trust Indenture Act of 1939, as amended, is 
amended to read as follows: 
"(c) The Commission shall, on application by the issuer and after 
opportunity for hearing thereon, by order exempt from any one or 
more provisions of this title an^ security issued or proposed to be issued 
under any indenture under which, at the time such application is filed, 
securities referred to in paragraph (3) of subsection (a) of this sec-
tion are outstanding or on January 1, 1959, such securities were out-
standing, if and to the extent that the Commission finds that com-
pliance with such provision or provisions, through the execution of 
a supplemental indenture or otherwise— 
"(1) would require, by reason of the provisions of such inden-
ture, or the provisions of any other indenture or agreement made 
prior to the enactment of this title, or the provisions of any ap-
plicable law, the consent of the holders of securities outstanding 
under any such indenture or agreement; or 
"(2) would impose an undue burden on this issuer, having due 
regard to the public interest and the interests of investors." 
Approved September 13, 1960.