IV-MISCELLANEOUS
APPLICABILITY OF COMMUNICATIONS ACT OF 1934
SEC. 401. |
The corporation shall be deemed to be a common carrier within the
meaning of section 3(h) of the Communications Act of 1934, as amended,
and as such shall be fully subject to the provisions of title II and
title III of that Act. The provision of satellite terminal station
facilities by one communication common carrier to one or more other
communications common carriers shall be deemed to one or more other
communications common carriers shall be deemed to be a common carrier
activity fully subject to the Communications Act. Whenever the application
of the provisions of this Act shall be inconsistent with the application
of the provisions of the Communications Act, the provisions of this
Act shall govern. |
NOTICE OF FOREIGN BUSINESS NEGOTIATIONS
SEC. 402. |
Whenever the corporation shall enter into business negotiations
with respect to facilities, operations, or services authorized by
this Act with any international or foreign entity, it shall notify
the Department of State of the negotiations, and the Department of
State shall advise the corporation of relevant foreign policy considerations.
Throughout such negotiations the corporation shall keep the Department
of State informed with respect to such considerations. The corporation
may request the Department of State to assist in the negotiations,
and that Department shall render such assistance as may be appropriate. |
SANCTIONS
SEC. 403. |
(a) |
If the corporation created pursuant to this Act shall engage
in or adhere to any action, practices, or policies inconsistent
with the policy and purposes declared in section 102 of this
Act, or if the corporation or any other person shall violate
any provision of this Act, or shall obstruct or interfere with
any activities authorized by this Act, or shall refuse, fail,
or neglect to discharge his duties and responsibilities under
this Act, or shall threaten any such violation, obstruction,
interference, refusal, failure, or neglect, the district court
of the United States for any district in which such corporation
or other person resides or may be found shall have jurisdiction,
except as otherwise prohibited by law, upon petition of the
Attorney General of the United States, to grant such equitable
relief as may be necessary or appropriate to prevent or terminate
such conduct or threat. |
(b) |
Nothing contained in this section shall be construed as relieving
any person of any punishment, liability, or sanction which may
be imposed otherwise than under this Act. |
(c) |
It shall be the duty of the corporation and all communications
common carriers to comply, insofar as applicable, with all provisions
of this Act and all rules and regulations promulgated thereunder. |
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REPORTS TO THE CONGRESS
SEC. 404. |
(a) |
The President shall transmit to the Congress in January of
each year a report which shall include a comprehensive description
of the activities and accomplishments during the preceding calendar
year under the national program referred to in section 201(a)(1),
together with an evaluation of such activities and accomplishments
in terms of the attainment of the objectives of this Act and
any recommendations for additional legislative or other action
which the President may consider necessary or desirable for
the attainment of such objectives. |
(b) |
The corporation shall transmit to the President and the Congress,
annually and at such other times as it deems desirable, a comprehensive
and detailed report of its operations, activities, and accomplishments
under this Act. |
(c) |
The Commission shall transmit to the Congress, annually and
at such other times as it deems desirable,
(i) |
a report of its activities and actions on anticompetitive
practices as they apply to the communications satellite
programs; |
(ii) |
an evaluation of such activities and actions taken by
it within the scope of its authority with a view to recommending
such additional legislation which the Commission may consider
necessary in the public interest; and |
(iii) |
an evaluation of the capital structure of the corporation
so as to assure the Congress that such structure is consistent
with the most efficient and economical operation of the
corporation.
Approved August 31, 1962, 9:51 a.m. |
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AMENDMENT OF SECTION 303
SEC. 303. |
(a) Public Law 91-3
AN ACT
To amend the Communications Satellite Act of 1962 with respect to
the election of the board ! directors of the Communications Satellite
Corporation.
SEC. 1 |
Be it enacted by the Senate and House of Representatives
of the United States of America in Congress assembled, That
subsection (a) of section 303 of the Communications Satellite
Act of 1962 (47 U.S.C. 733(a)) is amended to read as follows:"
(a) The corporation shall have a board of directors consisting
of fifteen individuals who are citizens of the United States,
of whom one shall be elected annually by the board to serve
as chairman. Three members of the board shall be appointed by
the President of the United States, by and with the advice and
consent of the Senate, effective the date on which the other
members are elected, and for terms of three years or until their
successors have been appointed and qualified, and any member
so appointed to fill a vacancy shall be appointed only for the
unexpired term of the director whom he succeeds. The remaining
twelve members of the board shall be elected annually by the
stockholders. Six of such members shall be elected by those
stockholders who are not communications common carriers, and
the remaining six such members shall be elected by the stockholders
who are communications common carriers, except that if the number
of shares of the voting capital stock of the corporation issued
and outstanding and owned either directly or indirectly by communications
common carriers as of the record date for the annual meeting
of stockholders is less than 45 per centum of the total number
of shares of the voting capital stock of the corporation issued
and outstanding, the number of members to be elected at such
meeting by each group of stockholders shall be determined in
accordance with the following table:
When the number of shares of the voting
capital stock of the corporation issued and outstanding
and owned either directly or indirectly by communications
common carriers is less than- |
But not less than- |
The number of members which stockholders
who are communications common carriers are entitled
to elect shall be- |
And the number of members which other
stockholders are entitled to elect shall be- |
45(%)
40
35
25
15
8 |
40(%)
35
25
15
8 |
5
4
3
2
1
0 |
7
8
9
10
11
12 |
No stockholder who is a communications common carrier and no
trustee for such a stockholder shall vote, either directly or
indirectly, through the votes of subsidiaries or affiliated
companies, nominees, or any persons subject to his direction
or control, for more than three candidates for membership on
the board, except that in the event the number of shares of
the voting capital stock of the corporation issued and outstanding
and owned either directly or indirectly by communications common
carriers as of the record date for the annual meeting is less
than 8 per centum of the total number of shares of the voting
capital stock of the corporation issued and outstanding, any
stockholder who is a communications common carrier shall be
entitled to vote at such meeting for candidates for membership
on the board in the same manner as all other stockholders. Subject
to the foregoing limitations, the articles of incorporation
of the corporation shall provide for cumulative voting under
section 27(d) of the District of Columbia Business Corporation
Act (D.C. Code, sec. 29-911(d)). The articles of incorporation
of the corporation may be amended, altered, changed, or repealed
by a vote of not less than 66 2/3 per centum of the outstanding
shares of the voting capital stock of the corporation owned
by stockholders who are not communications common carriers,
voting together, if such vote complies with all other requirements
of this Act and of the articles of incorporation of the corporation
with respect to the amendment, alteration, change, or repeal
of such articles. The corporation may adopt such bylaws as shall
not withstanding the provisions of section 36 of the District
of Columbia Business Corporation Act (D.C. Code, sec. 29-9`6d),
provide for the continued ability of the board to transact business
under such circumstances of national emergency as the President
of the United States, or the officer designated by him, may
determine, after February 18, 1969, would not permit a prompt
meeting of a majority of the board to transact business." |
SEC. 2. |
As promptly as the board of directors of the Communications
Satellite Corporation shall determine to be practical after
the date of the amendment of this Act, a meeting of the stockholders
of the corporation shall be called for the purpose of electing
twelve members of the board in accordance with subsection (a)
of section 303 of the Communications Satellite Act of 1962 as
amended by the first section of this Act. The members of the
board elected at such meeting shall serve until the next annual
meeting of stockholders or until their successors have been
elected and qualified. |
SEC. 3. |
The status and authority of the members of the board of directors
of the Communications Satellite Corporation who were elected
to the board before the date of the enactment of this Act and
who are serving as members of the board on such date shall not
be in any way impaired or affected until their successors have
been elected and qualified in accordance with section 2 of this
Act. Approved March 12, 1969. |
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LEGISLATIVE HISTORY:
HOUSE REPORT No. 91-24 accompanying H. R. 4214 (Comm. on Interstate
and Foreign Commerce).
SENATE REPORT No. 91-6 (Comm. on Commerce).
CONGRESSIONAL RECORD, Vol. 115 (1969):
Jan. 31: Considered and passed Senate.
Feb. 19: Considered and passed House, amended, in lieu of H. R. 4214.
Feb. 25: Senate concurred in House amendment.
Public Law 95-564
95th Congress
An Act
To provide for the establishment, ownership, operation, and governmental
oversight and regulation of international maritime satellite telecommunications
services.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled, That the Communications Satellite
Act of 1962 is amended by adding at the end thereof the following new
title:
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