To Create Muscle Shoals Corporation of the United States: Hearings Before the Committee on Agriculture and Forestry, United States, Senate, Seventy-second Congress First Sesson on S.J. Res. 15, a Joint Resolution to Provide for the National Defense by the Creation of a Corporation for the Operation of the Government Properties at and Near Muscle Shoals in the State of Alabama, to Authorize the Letting of the Muscle Shoals Properties Under Certain Conditions and for the Disposal of the Muscle Shoals Properties by the United States. February 16, 19, and 24, 1932

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Halaman 3 - Shall have such powers as may be necessary or appropriate for the exercise of the powers herein specifically conferred upon the Corporation.
Halaman 2 - Two of the members in office shall constitute a quorum for the transaction of the business of the Board.
Halaman 1 - To Improve the navigability and to provide for the flood control of the Tennessee River; to provide for reforestation and the proper use of marginal lands In the Tennessee Valley; to provide for the agricultural and industrial development of said valley; to provide for the national defense by the creation of a corporation for the operation of Government properties at and near Muscle Shoals In the State of Alabama, and for other purposes.
Halaman 3 - States, appoint such managers, assistant managers, officers, employees, attorneys, and agents, as are necessary for the transaction of its business, fix their compensation, define their duties, require bonds of such of them as the board may designate, and provide a system of organization to fix responsibility and promote Efficiency.
Halaman 2 - All members of the board shall be persons who profess a belief in the feasibility and wisdom of this Act.
Halaman 2 - ... occurring prior to the expiration of the term for which his predecessor was appointed, shall be appointed for the remainder of such term.
Halaman 2 - ... any member appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed, shall be appointed for the remainder of...
Halaman 1 - That for the purpose of maintaining and operating the properties now owned by the United States in the vicinity of Muscle Shoals, Alabama, in the interest of the national defense and for agricultural and industrial development, and to improve navigation in the Tennessee River and to control the destructive flood waters in the Tennessee River and Mississippi River Basins, there is hereby created a body corporate by the name of "The Tennessee Valley Authority" (hereinafter referred to as the "Corporation").
Halaman 6 - ... is hereby authorized and empowered in the exercise of the powers of national defense in aid of navigation, and in the control of the flood waters of the Tennessee and Mississippi Rivers, constituting channels of interstate commerce, to exercise the right of eminent domain...
Halaman 4 - States, counties, municipalities, corporations, partnerships, or individuals, according to the policies hereinafter set forth; and to carry out said authority, the board is authorized to enter into contracts for such sale for a term not exceeding twenty years, and in the sale of such current by the board it shall give preference to States, counties, municipalities, and cooperative organizations of citizens or farmers, not organized or doing business for profit, but primarily for the purpose of supplying...

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