102.

1 Price inapplicable since under the terms of the Ship Sales Act of 1946 no tanker may be sold at less than 50 percent of the domestic war cost.

§ 299.109 Type AOG 58 U.S.S. Pinnebog.

(a) (Not previously published.) The AOG 58 U.S.S. Pinnebog is described as a Navy Auxiliary Gasoline Tanker, welded steel construction, twin screw, diesel electric drive, expansion trunk type with long forecastle and poop, straight raked stem, cruiser stern with machinery aft.

(b) The principal design characteristics of the AOG 58 U. S. S. Pinnebog are as follows:

Speed, knots____.

§ 299.115 Type VC2 (Victory).

(a) The standard Victory cargo vessel is a steel, full scantling type vessel with a raked stem and cruiser stern. The quarters will accommodate eight passengers in four staterooms. Deep tanks are installed abreast of and up to the top of the shaft alley in No. 4 and No. 5 holds. The propelling machinery is located amidships.

(b) The VC2-S-AP2 is the standard Victory cargo vessel. The VC2-S-AP3 is a modified Victory cargo vessel with principal design characteristics basically similar to the standard design, except that the VC2-S-AP3 has 8500 horsepower turbine drive and a speed of 17 knots.

(c) In addition to the above standard and modified designs are the VC2-M-AP4 and the VC2-S-AP5. The VC2-M-AP4 is a modification of the VC2-S-AP2, being a 5,850 horsepower Diesel-propelled vessel having a speed of 15 knots and a deadweight of 10,180 tons. The VC2-S-AP5 is a Navy transport design. and upon conversion to a cargo ship will have the same principal design characteristics as the VC-2-S-AP3.

(d) The price of the VC2-M-AP4 is subject to adjustments for desirable features in accordance with section 3 (d) (3) of the act.

The following types and prices are included for purposes of adjustment for prior sales to citizens in accordance with section 9 of the act. No vessels of these types are available for disposal.

NOTE: Prices for the C2-S-A1, C5-S-AX1, L6, R2-ST-AU1, and T3-S-BF1 types were published August 17, 1946, 11 FR. 8972 et seq. Prices for the C2-S1-AJ4 combination cargo-passenger and the C3 and P & C types were published September 28, 1946, 11 F. R. 11076.

$3,110,000

The publication of these prices is for the purpose of adjustment of prior sale of the vessels under Section 9 of the Merchant Ship Sales Act of 1946 and said prices are subject to adjustment upward for minor betterments applicable to the individual vessels. The statutory sales price is inapplicable since under the provisions of said act no dry-cargo vessel, except a Liberty type, may be sold at less than 35 percent of the domestic war cost. § 299.118 Type C3-S1-BR1.'

(a) The C3-S1-BR1 type is a combination cargo and passenger vessel with accommodations for 119 passengers.

'The revised and new prices as above set forth are published for purposes of adjustment for prior sales to citizens in accordance with section 9 of the act. No vessel of this type is available for disposal.

1 $2,750,000 $4, 115, 343

Floor price

1 $1,375, 000 $1,440, 370

1 Prices are based on bare boat ship after removal of national defense features and without passenger accommodations or additional cargo handling gear. The unadjusted statutory sales price is inapplicable since under the terms of the Ship Sales Act of 1946 no dry cargo vessel, except a Liberty type vessel, may be sold at less than 35 percent of the domestic war cost.

§ 299.121 Type P1-S2-L2.

(a) The P2-S2-L2 is a steel vessel with raked stem and transom stern. It is a passenger type vessel of special design converted to a Navy troop ship.

(b) Principal design characteristics are as follows: Length over-all.. Beam molded_. Depth molded..

Load draft molded.

Deadweight tons---Gross tons....

414' 4"".

56' 0".

34' 0"'.

18' 0".

1,877.

82,182.

Turbine.

8,000.

19

1 Price based on bareboat ship after removal of national defense features and without passenger accom. modations or additional cargo handling gear.

Subpart G-Forms

NOTE: Forms printed in the Code of Federal Regulations are for information only and do not follow the exact format prescribed by the issuing agency.

§ 299.125

Application to purchase a warbuilt vessel.

The form of such application shall be substantially as follows:

APPLICATION TO PURCHASE WAR-BUILT VESSEL (S)

(herein called the "war-built vessel (s)") at the statutory sales price, in accordance with the provisions of the Merchant Ship Sales Act of 1946, Public Law 321, 79th Cong., 2d Sess., approved March 8, 1946 (herein called the "act"), and the rules and regulations prescribed by the Maritime Administration (or the United States Maritime Commission) (herein call the “Administration"), §§ 299.1 to 299.134, inclusive, of General Order 60, published in the FEDERAL REGISTER

(herein called the "regulations"), which the applicant agrees shall be binding in all transactions in connection with this application. Applicant also agrees that any amendment or modification of the rules and regulations shall be binding in all transactions approved by the Administration after the date of publication of such amendment or modification in the FEDERAL REGISTER.

In order to induce the Administration to act favorably on this application, the applicant submits in support thereof the following information:

A. As to the applicant: Its citizenship and affiliations

1. Exact name.

2. Form or type of organization.

3. State or other sovereign power under the laws of which organized.

4. Address of principal executive offices and of important branch offices, if any.

5. A brief description of (a) the shipping business of the applicant; and (b) any other business activities of the applicant during the preceding eight years. If within such period the applicant has acquired the business of another person or has been reorganized, there should be included a brief description of such acquisition or reorganization.

6. A list of (a) all subsidiaries, (b) parent company, and (c) all other affiliated interests of the applicant, together with an indication of the nature and extent of the business transacted for the past eight years by each. This information may be furnished in the form of a chart, indicating clearly the relationships between the persons named, and the nature and extent of control.

7. The following information with respect to each officer and director of the applicant: name and address, office, nationality, capital shares owned.1

8. Applicant represents that he is a citizen of If applicant claims United States citizenship, attach to the three originals of the application affidavits of United States citizenship in form prescribed by the Administration.

If applicant claims citizenship other than United States citizenship, there should be

'If applicant has more than one class of stock, the information requested must be furnished for each class of stock.

furnished an affidavit setting forth the facts upon which such claim is based.

In all cases the Administration reserves the right to require such additional information with regard to citizenship which may be necessary to determine the eligibility of applicant under the Act.

B. As to the management of the applicant

9. A brief description of the principal business activities during the past eight years of each director and each principal executive officer of the applicant, if requested.

10. The name and address of each other. organization engaged in shipping activities. with which any person named in answer to the preceding item has any present substantial business connection, the name of such person and, briefly, the nature of such connection, if requested.

11. The name and address of any person who is now acting or within the past eight years has acted as managing or operating agent of the applicant or in any similar capacity and, briefly, the general terms of any agreement with reference thereto, if requested.

C. As to the war-built vessels

12. Applicant offers to purchase, at the statutory sales price(s), as determined by the Administration, the war-built vessel(s) designated in items 13 and 14, or the alternative vessels designated in item 15.

13. If specific vessels are applied for, as distinguished from any one or more of a given type, the names of the vessels must be given under this item.

14. If applicant is willing to accept any one or more vessel(s) of a given type or designation, as distinguished from particular vessels, the type or designation of the vessels desired should be set forth as follows:

15. If more than one vessel is applied for, state whether applicant will buy any one or more if all are not available for sale to him by placing an "X" or the appropriate number, as the case may be, in the proper space below. In the absence of any indication, it will be assumed that the applicant is willing to accept all or any of the vessels. (a) All only (). (b) All or any ( ). (c) Any but not less than

Instead of indicating preference by the above table, applicant may designate vessel(s) which he would like to have substituted for those listed in items 12 and 13, if

'Answers to questions under B may be omitted by applicants not seeking mortgage aid.

for any reason such vessel(s) cannot be sold to the applicant. Applicant may state as many as three alternative lists of vessels, provided it clearly indicates its order or preference with respect to them.'

D. Terms and conditions of sales

16. If the application is approved by the Administration, the applicant agrees to execute a contract of sale in form prescribed by the Administration. State what portion of the purchase price (not less than 25 percent of the statutory sales price)* applicant agrees 17. Furnish full details as to the manner in which the applicant proposes to obtain the amount needed to defray the purchase price of the vessel(s) (that is, at least 25 percent of the purchase price). The applicant should also furnish full details of any proposed security issue, including names of underwriters.

18. If this application is approved by the Administration, state whether or not applicant intends to apply to the Administration, pursuant to section 9 or section 37 of the Shipping Act of 1916, for approval to transfer or place under foreign registry or flag the vessel (s) referred to above after applicant has purchased them." If applicant intends to apply for such approval, state to what foreign registry or flag.

19. Does applicant propose to trade in old vessel(s) for an allowance of credit on the purchase price of a war-built vessel? If so, is application contingent thereon? State date of application for determination for allowance of credit, if filed.

E. Preference

20. A statement showing the extent to which losses and requisitions of the applicant's prewar tonnage have been overcome and other information in support of request for preference.

• Alternative lists of vessels need not be given at the time the application is filled, but may be added later as an amendment to the application. However, the date of the amendment and not the date of the filing of the original application will be controlling in determining preferences, discussed in § 299.2 of the regulations, with respect to the vessel(s) added by the amendment.

Any trade-in allowance approved by the Administration shall not be applied in reduction of the down payment of 25 percent of the statutory sales price as required by the Act, but shall be applied or credited on any unpaid balance remaining after applying the credit resulting from the down payment. to pay not later than upon delivery of the vessel.

"See § 299.2(e) of the regulations. • See § 299.22 of the regulations.

F. Supplemental information'

21. A brief description of the general character and location of the principal property of the applicant, other than vessels, employed in its business.

22. (a) A list of vessels owned by the applicant, including (1) name; (2) gross tonnage; (3) net tonnage; (4) deadweight tonnage; (5) bale capacities; (6) year built; (7) type; (8) speed; (9) registry; and (10) identification of route or service on which operated.

(b) Information similar to that specified in (a) as to any vessels chartered to and operated by the applicant.

23. Briefly, the general terms of each charter for operation (a) of vessels owned by the applicant and chartered by it to other persons, and (b) of vessels chartered by the applicant from other persons.

24. Full details concerning the services, routes, or lines on which vessels owned or chartered by the applicant are now operated, including ports of call, terminal and dock facilities at all such ports, frequency of sailings per year, description of services and voyages, and names of vessels segregated according to services, routes, or lines.

25. Type and kind of cargo now carried in the trade served as stated in the answer to item 24, information as to how the service or line may be developed for carrying additional types and kinds of cargo, and any factors influencing cargo expectations for the future. If the war-built vessel is to be a combination passenger and freight vessel, state also, by classes, the passenger accommodations and the number of passengers carried and any factors influencing traffic expectations for the future.

26. Information similar to that called for by the two preceding items with respect to any new service, route, or line which the applicant proposes presently to establish.

27. Identification of the service, route, or line described in answer to item 24 or item 26, on which the applicant propose to operate the war-built vessel, brief description of passenger accommodations, and statement of type and kind of cargo to be carried by the war-built vessel. Any special requirements of such service, route, or line and the manner in which they may be met by the use of the war-built vessel should be discussed briefly. Any changes in existing services, routes. or lines which the applicant proposes to make in connection with the use of the war-built vessel should also be indicated.

28. A statement as to whether or not the war-built vessel is to be used to replace a vessel now operated by the applicant and, if so, the name of such vessel and the pro

'Questions under F are optional for applicants who are citizens of the United States unless such applicants request mortgage aid or request reconversion of the vessel (s) pursuant to § 299.7 of the regulations.