EXECUTIVE ORDER NO. 32

WHEREAS, Executive Order No. 30, bearing date of the first day of February, 1951, and signed by me, did direct the Treasurer of the State of New Jersey, Walter T. Margetts, Jr., to take possession of certain plants, offices, facilities and equipment of the Public Service Coordinated Transport and of the Public Service Interstate Transportation Company, corporations of the State of New Jersey and public utilities within the meaning of Chapter 38 of the Laws of 1946, or such part or parts thereof as might be necessary to the operation of such plants, offices, facilities and equipment in order that the people of the State of New Jersey might have the benefit of necessary and essential transportation service and that the public interest, health and welfare might not be interfered with; and

WHEREAS, the aforesaid Executive Order was issued because the aforesaid public utilities and the Amlgamated Association of Street, Electric Railway & Motor Coach Employees of America, A.F.L., Locals Nos. 819, 820, 821, 822, 823, 824, 825, 862, 880 and 947, the representatives for collective bargaining purposes of the employees of said public utilities, had not reached a final agreement as to all conditions of employment effecting such employees through collective bargaining, and the dispute between said parties had resulted in a strike which interrupted the effective operation of the transportation facilities of the above-named public utilities, thereby jeopardizing the public interest, health and welfare; and

WHEREAS, by the terms thereof, the said Executive Order was issued pursuant to authority conferred by Chapter 38 of the Laws of 1946, as amended by Chapters 47 and 75 of the Laws of 1947,and Chapter 14 of the Laws of 1950, and as supplemented by Chapter 308 of the Laws of 1949, in order to protect the public interest, health and welfare; and

WHEREAS, the aforesaid dispute between the said parties has been settled by direct negotiation and collective bargaining and an agreement in writing has been signed by the said parties, as a result of which the labor dispute which interrupted the operation of the aforesaid transportation facilities has been and is now settled: