Nomination of Members of Board of Directors, Commodity Credit Corporation: Hearing Before ..., 81-2 on Nomination of Albert J. Loveland, Knox T. Hutchinson, Ralph S. Trigg, Frank K. Woolley, Elmer F. Kruse, and William B. Crawley ..., February 3, 1950

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Halaman 9 - Shall determine the character of and the necessity for its obligations and expenditures and the manner in which they shall be incurred, allowed, and paid. (k) Shall have authority to make final and conclusive settlement and adjustment of any claims by or against the Corporation or the accounts of its fiscal officers.
Halaman 8 - Commodity offices shall be contracting officers and executives of the Corporation in general charge of the activities of the Corporation carried out through their respective branches or offices. The responsibilities of such directors in carrying out activities of the Corporation, which shall include the authority to settle and adjust claims by and against the Corporation arising out of activities under their jurisdiction, shall be discharged in conformity with these bylaws and applicable programs...
Halaman 10 - The CHAIRMAN. Are there any questions from any members of the committee ? Mr.
Halaman 2 - ... here that Mr. Scott would like to have me read, and I will do so. STATEMENT SUBMITTED BY HON. HUGH SCOTT, US SENATOR FROM THE STATE OF PENNSYLVANIA I regret that because of a previous engagement I am unable to be present this afternoon to introduce to the committee the distinguished gentleman who has been nominated by the President to be a member of the board of directors of [the Communications Satellite Corp. In his 2 years as president of Drexel Institute of Technology in Philadelphia, Dr....
Halaman 8 - The responsibilites of such directors in carrying out activities of the Corporation which shall include the authority to settle and adjust claims by and against the Corporation arising out of activities under their jurisdiction shall be discharged in conformity with these bylaws and applicable programs, policies, and procedures.

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