Volume 69 · 494
Public Law 84–232
To amend section 1 of the Act of March 12, 1914.
Approved August 4, 1955
Statutory text
AN ACT
To amend section 1 of the Act of March 12, 1914.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the first sentence of section 1 of the Act of March 12, 1914 (38 Stat. 305), as amended (48 U. S. C., sec. 301), is amended by striking out “but no lease shall be for a longer period than twenty years”, and inserting in lieu thereof “but no lease of such railroad or railroads shall be for a longer period than twenty years and no other lease authorized in this Act shall be for a longer period than fifty-five years”.
Approved August 4, 1955.