§831f Control of Plants and Property Vested in Corporation; Transfer of Other Property to Corporation

Summary

Gives the Corporation sole control of the United States nitrate plants No. 1 and No. 2 and all land, buildings, tools, machines, labs, and related equipment at Sheffield, Alabama, and Muscle Shoals, Alabama. It also covers the fixed-nitrogen research laboratory, the Waco limestone quarry, Dam Numbered 2 at Muscle Shoals (including its powerhouse and hydroelectric equipment but not the locks), and any other property the Corporation acquires in its own name or in the name of the United States. The President of the United States may transfer other federal real or personal property to the Corporation when he thinks it is necessary and proper for the Corporation’s work.