Volume 50 · 206
Public Law 75–263
To authorize the Secretary of War to sell to the General Motors Corporation a tract of land comprising part of Holabird Quartermaster Depot, Baltimore, Maryland.
Approved May 25, 1937
Statutory text
AN ACT
To authorize the Secretary of War to sell to the General Motors Corporation a tract of land comprising part of Holabird Quartermaster Depot, Baltimore, Maryland.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the Secretary of War be, and he is hereby, authorized to sell in his discretion to General Motors Corporation, a Delaware corporation, upon such terms and conditions as he considers advisable, a tract of land containing approximately two and seven hundred thirty-four one-thousandths acres, comprising that part of the Holabird Quartermaster Depot, Baltimore, Maryland, lying south of the right-of-way of the Baltimore and Ohio Kailroad Company and west of the Broening Highway, which tract is no longer needed for military purposes, and to execute and deliver in the name of the United States and in its behalf, any and all contracts, conveyances, or other instruments necessary to effectuate such sale; the proceeds of the sale of the property hereinbefore designated to be deposited in the Treasury
Provisos.
Appraisal.
Minimum sale price.
to the credit of miscellaneous receipts: Provided, That the Secretary of War shall have the said tract appraised: Provided further, That the Secretary of War shall not sell the said tract of land for a less consideration than the appraised value thereof.
Approved, May 25, 1937.