Page:United States Statutes at Large Volume 45 Part 1.djvu/1128

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SEVENTIETH CONGRESS . SEss . II. Cns. 64, 65 . 1929 .

1077 fund sufficient to amortize the amount paid therefor, including reasonable interest and financing cost, as soon as possible under rea- sonable charges, but within a period of not to exceed twenty years from the date of acquiring the same . After a sinking fund sufficient bridg Mai , etc., de ance as tree ~,

., after amor- for such amortization shall have been so provided, such bridge shall tizing costs. thereafter be maintained and operated free of tolls, or the rates of toll shall thereafter be so adjusted as to provide a fund of not to exceed the amount necessary for the proper maintenance, repair, and operation of the bridge and its approaches under economical management. An accurate record of the amount aid for acquiring Recor d of exp endi- p

b tures and receipts . the bri dge an d its approa ches, the ac tual ex pendit ures f or mai ntain- ing, repairing, and operating the same, and of the daily tolls col- lected sh all be ke pt, and s hall be a vailable for the i nformatio n of all persons interested. SEC . 6 . The Interstate Bridge Company, its successors and assigns, construction statemenetc r shall within ninety days after the completion of such bridge file t o e filed after comple- with the Secretary of War and with the highway departments of the States of Nebraska and Iowa, a sworn itemized statement showing the actua l origina l cost of construc ting the bridge an d its app roaches, the act ual co st of acquir ing an y inte rest in real proper ty nec essary therefo r, and the a ctual financ ing an d promo tion c osts . The Secre- re Examination o tobySec. tary of War may, and upon request of the hi ghway department of either of such States, shall, at any time within three years after the comple tion o f such bridg e, inv estiga te such costs and d etermi ne the accuracy and the reasonableness of the costs alleged in the statement of costs so filed, and shall make a finding of the actual and reason- able costs of constructing, financing, and promoting, such bridge

for the purpose of such investigation the said Interstate Bridge Company, its successors and assigns, shall make available all of its records in connection with the construction, financing, and promo- tion thereof . The findings of the Secretary of War as to the reason- Findings of se cretary conclusive . able costs of the construction, financing, and promotion of the bridge shall be conclusive for the purposes mentioned in section 4 of this Act, subject only to review in a court of equity for fraud or gross mista ke . S EC. 7 . The right to sell, assign, transfer, and mortgage all the conferred to sell, etc ., rights, powers, and privileges conferred by this Act is hereby granted to the Interstate Bridge Company, its successors and assigns, and any c orpor ation to which , or any perso n to whom such righ ts, powers, and p rivile ges ma y be s old, a ssigned , or t ransfe rred, or who shall acquire the same by mortgage foreclosure or otherwise, is hereby authorized and empowered to exercise the same as fully as though conferred herein directly upon such corporation or person . SEC . 8. The right to alter, amend, or repeal this Act is hereby Am endment . express ly res erved . Approved, January 14, 1929 . Jan uary 14, 1929 . CHAP . 65 .-An Act To legalize a bridge across the Potomac River at or near [H. R.13848.] Paw Paw, West Virginia .

]Public, No . 657 .1 Be it enacted by the Senate and House of Representatives of the United States o America in Congress assembl ed, T h at t he b ri d ge Bri dge acro ss, Br

Risa . at Paw now being constructed across the Potomac River at or near Paw P aw, W. Va., by West Virginia Maryland, Paw, West Virginia, by the State of West Virginia and the State of etc ., legalized . Marylan d, or any co unty o r coun ties t hereof, if co mplete d in a ccord- ance with plans accepted by the Chief of Engineers and the Secre- tary of War, as providing suitable facilities for navigation and operated as a free highway bridge, shall be a lawful structure, and shall be subject to the conditions and limitations of the Act entitled