“Upon application by any former member of the Navy or Marine Corps—“(1) who was discharged prior to August 10, 1946, under honorable conditions, and
“(2) who, at the time of his discharge, had at least twenty years’ active Federal service,
the Secretary of the Navy shall appoint such former member in the Fleet Reserve or Fleet Marine Corps Reserve, as may be appropriate, in the rank held by him at the time of such discharge.
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