United States Statutes at Large/Volume 4/18th Congress/2nd Session/Chapter 99
Chap. XCIX.—An Act to authorize the register or enrolment and license to be issued in the name of the president or secretary of any incorporated company owning a steamboat or vessel.
Enrolments and licenses for steamboats, &c. owned by any incorporated company.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That enrolments and licenses for steamboats or vessels, owned by any incorporated company, may be issued in the name of the president or secretary of such company; and that such enrolments and licenses shall not be vacated or affected by a sale of any share or shares of any stockholder, or stockholders, in such company.
Register for steamboats.Sec. 2. And be it further enacted, That registers for steamboats or vessels, owned by any incorporated company, may be issued in the name of the president or secretary of such company; and that such register shall not be vacated or affected by a sale of any share or shares of any stockholder or stockholders in such company.
Upon the death, &c. of the president, a new license shall be taken out.Sec. 3. And be it further enacted, That, upon the death, removal, or resignation, of the president or secretary of any incorporated company, owning any steamboat or vessel, a new register, or enrolment and license, as the case may be, shall be taken out for such steamboat or vessel.
That previously to granting a register, the oath as to the ownership of the steamboat, to be taken.Sec. 4. And be it further enacted, That, previously to granting a register, or enrolment and license, for any steamboat or vessel, owned by any company, the president or secretary of such company shall swear, or affirm, as to the ownership or such steamboat or vessel, by such company, without designating the names of the persons composing such company; which oath, or affirmation, shall be deemed sufficient, without requiring the oath or affirmation of any other person interested or concerned in such steamboat or vessel.
Before granting a register, oath that no part of such steamboat, &c. is owned by any foreigner.Sec. 5. And be it further enacted, That, before granting a register for any steamboat or vessel, so owned by any incorporated company, the president or secretary thereof shall swear, or affirm, that, to the best of his knowledge and belief, no part of such steamboat or vessel has been, or is then, owned by any foreigner or foreigners.
Approved, March 3, 1825.