Executive Order 8846—Revoking the License Issued on December 16, 1910, Authorizing the Construction, Maintenance, and Operation of an Electric Street Railway System in the Canal Zone

Whereas on December 16, 1910, the President of the United States issued a license to Henry T. Cook to construct, maintain, and operate an electric street railway system for the transportation of passengers for profit between the City of Panama and certain points in the Canal Zone; Whereas the ninth paragraph of the said license issued to Henry T. Cook provides as follows: "This license may be revoked by the President of the United States at his discretion whenever he deems it necessary to the public interest to terminate the privilege; and the grantee agrees that he will remove such parts of the railway system as may be occupying public lands or property in the Canal Zone within six months after this license has been revoked, at his own costs and without indemnity of any kind from the United States, the Isthmian Canal Commission, or the Panama Railroad Company; and upon said revocation the authority of the grantee to operate his railway system in the Canal Zone shall at once terminate."; Whereas the Panama Electric Company, as the successor of the said Henry T. Cook, has formally announced the permanent suspension of all service on the electric street railway constructed and operated pursuant to the terms of the said license and has in fact suspended such service and commenced the physical demolition of its line; and Whereas it is deemed necessary in the public interest to revoke the said license: Now, Therefore , by virtue of the authority vested in me by the terms thereof, and otherwise, the said license granted on December 16, 1910, authorizing Henry T. Cook to construct, maintain, and operate an electric street railway system between the City of Panama, Republic of Panama, and certain points in the Canal Zone, is hereby revoked. FRANKLIN D ROOSEVELT The White House, August 8, 1941.