An Act to authorize establishment of the Theodore Roosevelt Birthplace and Sagamore HUI National Historic Sites, N.Y., and for other purposes
PL 87-547 (H.R.8484), enacted 07/25/1962

76 STAT. ] 
PUBLIC LAW 87-547-JULY 25, 1962 
217 
Public Law 87-547 
AN ACT 
July 25. 1962 
To authorize establishment of the Theodore Roosevelt Birthplace and Sagamore 
[H. R. 8484] 
Hill National Historic Sites, New York, and for other purposes. 
Theodore Roose-
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That, in order to 
preserve in public ownership historically significant properties as- slgamMi^HnrNa"'* 
sociated with the life of Theodore Roosevelt, the Secretary of the tionai Historic 
Interior may acquire, by donation from the Theodore Roosevelt As- ^^E^sVabii^ment 
sociation, the sites and structures known as the Theodore Roosevelt authorization. 
House situated at Twenty-eight and Twenty-six East Twentieth 
Street, New York City, consisting of approximately eleven one-hun-
dredths of an acre, and Sagamore Hill, consisting of not to exceed 
ninety acres at Cove Neck, Oyster Bay, Long Island, and the improve-
ments thereon, together with the furnishings and other contents of the 
structures. 
SEC. 2. (a) In accordance with the Act entitled "An Act to create a 
Acceptance o
f 
National Park Trust Fund Board, and for other purposes", approved ^""^8. 
July 10, 1935 (49 Stat. 477), as amended, the National Park Trust 
le use i9-i9c. 
Fund Board may accept from the Theodore Roosevelt Association 
$500,000 and such additional amounts as the association may tender 
from time to time from the endowment fund under its control, which 
funds, when accepted, shall be utilized only for the purposes of the 
historic sites established pursuant to this Act. 
(b) Nothing in this Act shall limit the authority of the Secretary 
of the Interior under other provisions of law to accept in the name of 
the United States donations of property. 
SEC. 3. When lands, inte.rests in lands, improvements, and other 
Transfer o
f prop-
properties comprising the Theodore Roosevelt Birthplace and Saga- ^'*^' ®
*
*
^
* 
more Hill, as authorized for acquisition by section 1 of this Act, and a 
portion of the endowment fund in the amount of $500,000 have been 
transferred to the United States, the Secretary of the Interior shall 
establish the Theodore Roosevelt Birthplace and Sagamore Hill 
National Historic Sites by publication of notice thereof in the Federal 
Register. 
Publication In 
SEC. 4. The Secretary of the Interior shall administer, protect, and ^•D^^^^.J^ ^^^^ ^t^. 
develop the Theodore Roosevelt Birthplace and Sagamore Hill 
National Historic Sites in accordance with the provisions of the Act 
of August 25, 1916 (39 Stat. 535; 16 U.S.C. 1 and the following), as 
amended and supplemented. 
SEC. 5. The Theodore Roosevelt Association, having by its patriotic 
Advisory com-
and active interest preserved for posterity these important historic '""*®*^•.. 
sites, buildings, and objects, shall, upon establishment of the Theodore 
^^^^ shment. 
Roosevelt Birthplace and Sagamore Hill National Historic Sites be 
consulted by the Secretary of the Interior in the establishment of an 
advisory committee or committees for matters relating to the preser-
vation, development, and management of the Theodore Roosevelt 
Birthplace and Sagamore Hill National Historic Sites. 
SEC. 6. The Act entitled "An Act to incorporate the Roosevelt 
Memorial Association", approved May 31, 1920 (41 Stat. 691), as 
amended by the Act approved on May 21, 1953 (67 Stat. 27), which 
changed the name of such corporation to the Theodore Roosevelt 
Association, and by the Act approved on March 29,1956 (70 Stat. 60), 
which permitted such corporation to consolidate with Women's 
Theodore Roosevelt Association, Incorporated, is hereby further 
amended by adding to section 3 thereof a new subdivision as follows: 
218 
PUBLIC LAW 87-548-JULY 25, 1962 
[76 STAT. 
Donation of 
property. 
"(4) The donation of real and personal property, including 
part or all of its endowment fund, to a public agency or public 
agencies for the purpose of preserving in public ownership his-
torically significant properties associated with the life of Theodore 
Roosevelt." 
and by deleting the word "and" at the end of subdivision (2) of sec-
tion 3. 
Approved July 25, 1962. 
July 25, 1962 
[H. R. 10595] 
Public Law 87-548 
AN ACT 
To facilitate the sale aud disposal of Government stocks of extra long staple 
cotton. 
Cotton. 
Government 
stocks, sale and 
disposal. 
60 Stat. 596. 
63 Stat. 1055; 
72 Stat. 993. 
7 u s e 1427. 
52 Stat. 31. 
7 u s e 1281. 
68 Stat. 454. 
7 u s e 1691 note. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States 
of America 
in Congress assembled^ That, notwith-
standing any other provision of law, all extra long staple cotton 
remaining in the stockpile established pursuant to the Strategic and 
Critical Materials Stock Piling Act, as amended (50 U.S.C. 98), shall 
be withdrawn and transferred or made available to the Commodity 
Credit Corporation for disposition as provided herein. The domes-
tically grown cotton in the stockpile shall be transferred to the Com-
modity Credit Corporation and shall be sold only for unrestricted use 
at not less than the prices at which the Commodity Credit Corporation 
may sell its stocks imder the minimum pricing provisions oi section 
407 of the Agricultural Act of 1949, as amended. Such domestically 
grown cotton shall be excluded in making any determination witn 
respect to national marketing quotas under the Agricultural Adjust-
ment Act of 1938, as amended, until after it is sold by Commodity 
Credit Corporation. The foreign-grown cotton in the stockpile shall 
be transferred to the Commodity Credit Corporation. Any foreign-
grown cotton transferred hereunder to the Commodity Credit Cor-
poration shall be sold or disposed of only for export at not less than 
the world market price, as determined by the Secretary of Agriculture. 
In administering sales or disposals of the foreign-grown cotton, the 
Secretary of Agriculture shall periodically determine and announce 
quotas for disposals by commercial sales and for disposals through 
the Agricultural Trade Development and Assistance Act of 1954, as 
amended. 
Such foreign-grown cotton shall be excluded in making 
any determination with respect to national marketing quotas under 
the Agricultural Adjustment Act of 1938, as amended, and shall be 
considered as domestically grown surplus cotton for purposes of sale 
or disposal under the provisions of the Agricultural Trade Develop-
ment and Assistance Act of 1954, as amended, and shall be eligible 
for sale or disposal thereunder in accordance with the provisions of 
this Act. 
Proceeds from such sales and dispositions, less costs incurred by 
Commodity Credit Corporation, including administrative expense, as 
determined by the Secretary of Agriculture, shall be covered into 
the Treasury of the United States as miscellaneous receipts. 
Approved July 25, 1962.