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16 U.S.C. § 343c–4Exchange of lands; Rich property

submitted 58 years ago by Pub. L. 90-265 to r/title-16-CONSERVATION · 136 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary of the Interior may give Maurice Rich, Senior park land in Southwest Harbor, Maine. In return, Rich gives the Secretary property suitable for the park. Cash makes up any difference in value, credited to a conservation fund.

The Secretary of the Interior may convey to Maurice Rich, Senior a portion of Acadia National Park in the town of Southwest Harbor, Maine, covering about one and eight-tenths acres. In exchange, the Secretary may accept from Mr. Rich any property the Secretary judges suitable for adding to the park. The two properties' values should be about equal. If they are not, cash makes up the difference, paid to whichever side — Mr. Rich or the Secretary — the circumstances require. Any cash the Secretary receives is credited to the land and water conservation fund in the U.S. Treasury. Once the federally owned lot is conveyed away, it is no longer part of the park.
the actual law source: uscode.house.gov ↗public domain

The Secretary of the Interior may convey to one Maurice Rich, Senior, a portion of the Acadia National Park, comprising approximately one and eight-tenths acres in the town of Southwest Harbor, Maine, and in exchange therefor the Secretary may accept from said Maurice Rich, Senior, any property which in the Secretary’s judgment is suitable for addition to the park. The values of the properties so exchanged either shall be approximately equal, or if they are not approximately equal the values shall be equalized by the payment of cash to the grantor or to the Secretary as the circumstances require. Any cash payment received by the Secretary shall be credited to the land and water conservation fund in the Treasury of the United States. A conveyance of the federally owned lot shall eliminate it from the park.

Source credit: (Pub. L. 90–265, Mar. 12, 1968, 82 Stat. 46.)

history & why it existsrecord from the source credit
  • 1968Enacted · Pub. L. 90-265 · 82 Stat. 46

A history note hasn’t been published yet. The record shows enactment by Pub. L. 90-265 on 1968-03-12.

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