Volume 49 · 158
Public Law 74–72
Authorizing the adjustment of contracts for the sale of timber on the national forests, and for other purposes.
Approved April 17, 1935
Statutory text
AN ACT
Authorizing the adjustment of contracts for the sale of timber on the national forests, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
National forests.
Adjustment of contracts for timber sales.
That the Secretary of Agriculture is hereby authorized, upon application of the contracting parties involved, and after due notice publicly given, when such action is necessary in his judgment to prevent hardship or
Regulations.
unemployment, and under such rules and regulations as he may prescribe, to terminate any contract made prior to June 30, 1934, for the sale of timber on national forests, without requiring the payment of damages for failure to cut all of the timber involved, except as the value of the remaining timber may have been reduced by the
Proviso.
Time limitation.
cutting and removal done by the purchaser: Provided, That all applications for action by the Secretary under the authority of this Act shall be submitted within one year from the date of its approval.
Approved, April 17, 1935.