Requisitioning of Ships in Time of National Emergency: Hearings... on H.R. 111

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Side 3 - ... required by the United States, such property shall be restored to the owner in a condition at least as good as when taken, less ordinary wear and tear, or the owner shall be paid an amount for reconditioning sufficient to place the property in such condition. The owner shall not be paid for any consequential damages arising from a taking or use of property under authority of this section.
Side 2 - It shall be the duty of the master of any vessel registered, enrolled, or licensed under the laws of the United States...
Side 10 - The President, in time of war, is empowered, through the Secretary of War, to take possession and assume control of any system or systems of transportation, or any part thereof, and to utilize the same to the exclusion, as far as may be necessary, of all other traffic thereon for the transfer or transportation of troops, war material, and equipment, or for such other purposes connected with the emergency as may be needful or desirable.
Side 10 - The President in time of war is empowered, through the Secretary of of War, to take possession and assume control of any system or systems of transportation, or any part thereof, and to utilize the same, to the exclusion, as far as may be necessary, of all other traffic thereon, for the transfer or transportation of troops, war material, and equipment, or for such...
Side 1 - SEC. 702. (a) The following vessels may be taken and purchased or used by the United States for national defense or during any national emergency declared by proclamation of the President: (1) Any vessel in respect of which, under a contract...
Side 3 - The President shall ascertain the just compensation for such use or control and certify the amount ascertained to Congress for appropriation and payment to the person entitled thereto. If the amount so certified is unsatisfactory to the person entitled thereto...
Side 3 - Except in cases of vessels where a construction differential subsidy has been allowed and paid, in which case the value of the vessel for the purposes of this section shall be established as provided in section 802, the Commission shall ascertain the fair compensation for such taking or use and shall certify to Congress the amount so found by it to be due for appropriation and payment to the person entitled thereto.
Side 3 - States to recover such further sum as added to such payment of 75 per centum will make such amount as will be just compensation for the use and control. Such suit. shall be brought in the manner provided by paragraph 20 of section 24, or by section 145, of the Judicial Code, as amended.
Side 6 - Any vessel in respect of which, under a contract hereafter entered into, a loan is made from the construction loan fund created by section 11 of the Merchant Marine Act, 1920, as amended — at any time until the principal and interest of the loan has been paid; and...
Side 2 - ... national defense or during any national emergency declared by proclamation of the President: (1) Any vessel in respect of which, under a contract hereafter entered into, a loan is made from the construction loan fund created by section 11 of the Merchant Marine Act, 1920, as amended — at any...

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