1366 74th congress. SESS. II. CH. 432. MAY 20, 1936. 



advisable to protect the investment therein, but not to exceed five 



S'^«- years after the acquisition thereof; and to sell such property so 



purchased or acquired, upon such terms and for such consideration 



as the Administrator shall determine to be reasonable. 



bered^'property ""eS"! ^^ borrower of funds Under section 4 shall, without the approval 



by borrower. ' " of the Administrator, sell or dispose of its property, riglits, or 



franchises, acquired under the provisions of this Act, until any loan 



obtained from the Rural Electrification Administration, including 



all interest and charges, shall have been repaid. 



tract's""^ admintorathfn ^^^- ^- '^^^^ administration of loans and contracts entered into by 



may be vested in Ad- the Rural Electrification Administration established by Executive 



ministrator, q^.^^^^. Numbered 7037, dated May 11, 1935, may be vested by the 



President in the Administrator authorized to be appointed by this 



Act; and in such event the provisions of this Act shall apply to said 



loans and contracts to the extent that said provisions are not incon- 



Transfer of records, gisteut therewith. The President may transfer to the Rural Elec- 



property, and person- , i -t • • • iii** i ..,.. ■, 



nei. trifacation Administration created by this Act the jurisdiction and 



control of the records, property (including office equipment), and 

 personnel used or employed in the exercise and performance of the 

 functions of the Rural Electrification Administration established 

 by such Executive order. 



ist'Suon of Act ***™'° ®^^- ^' This Act shall be administered entirelj^ on a nonpartisan 



basis, and in the appointment of officials, the selection of employees, 



and in the promotion of any such officials or employees, no political 



Merit system of ap- test Or qualification shall be permitted or given consideration, but 



all such appointments and promotions shall be given and made on 



etJ**for vioiatio^""'^' ^^^® basis of merit and efficiency. If the Administrator herein pro- 

 vided for is found by the President of the United States to be guilty 

 of a violation of this section, he shall be removed from office by the 

 President, and any appointee or selection of officials or employees 

 made by the Administrator who is found guilty of a violation of this 

 Act shall be removed by the Administrator. 



cmg?™s' "^"'''^ '" S^*^- ^^- ^^^^ Administrator shall present annually to the Congress 

 not later than the 20th day of January in each year a full report of 

 his activities under this Act. 



taS-^ett'sOTvuL™''"'' ^^'^- ^1- ^^^ order to carry out the provisions of this Act the 

 Administrator may accept and utilize such voluntary and uncom- 

 pensated services of Federal, State, and local officers and employees 

 as are available, and he may without regard to the provisions of civil- 

 service laws applicable to officers and employees of the United States 

 Attorneys, engineers, appouit and fix the compensation of attorneys, engineers, and experts, 



and experts; appoint- ^ ', , i_-ii.ii • -i ■ Z ' o . ' i ^ .1 ' 



ment, compensation, and he may, suDjcct to the ovii-service laws, appoint such other 

 "'*'■ officers and employees as he may find necessary and prescribe their 



izS'''^"'*'"^^*"''""^' dut^^s. The Administrator is authorized, from sums appropriated 

 ^7!(e, p. 1365. pursuant to section 6, to make such expenditures (including expendi- 



tures for personal services; supjjlies and equipment; lawbooks and 

 books of reference; directories and periodicals; travel expenses; 

 rental at the seat of government and elsewhere; the purchase, opera- 

 tion, or maintenance of passenger-carrying vehicles; and printing 

 and binding) as are appropriate and necessary to can-y out the 

 provisions of this Act. 

 pal^entsTiulhoSzed" ^^^- ^^- ^^^^ Administrator is authorized and empowered to extend 

 the time of payment of interest or principal of any loans made by the 

 i^Tn°s'''on plants, Administrator pursuant to this Act: Provided, however, That 'with 

 lines, etc. ' rcspcct to any loan made under section 4, the jDayment of interest or 



principal shall not be extended more than five years after such pay- 

 ment shall have become due, and with respect to any loan made 

 under section 5, the payment of principal or interest shall not be 

 extended more than two years after such payment shall have become 



I 



