The President of the United States of America takes pleasure in presenting the Navy and Marine Corps Medal to Chief Electrician’s Mate Carl F. Holdway, United States Navy, for heroic conduct during war patrols in enemy controlled waters during World War II. While in charge of electrical equipment aboard a United States Submarine during three war patrols, Chief Electrician’s Mate Holdway despite extremely hazardous conditions kept his plant in operation, contributing materially to the success of his ship in sinking one Japanese cruiser and one destroyer and seriously damaging another cruiser with two torpedo hits.