Page:United States Statutes at Large Volume 45 Part 1.djvu/334

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SEVENTIETH CONGRESS . SESS. I . Cns. 171, 172. 1928 .

283 under economical management, and to provide a sinking fund suffi- cien t to amo rtize th e amount paid th erefor a s soon as possibl e under reasonable cha rg es, but within a period of not to exceed twenty Maintenance as fr ee years from the da te of acquiring the same. After a sinking fund bridge, etc., after amor. su$i cient to pay the cost of acquiri ng the b ridge and its app roaches tizing costs. shall have been so provided, such bridge shall thereafter be main- tained and operated free of tolls, or the rates of tolls shall 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 Re cord of e spen di- its approaches under economical management . An accurate record tures and receipts . of the amount paid for acquiring the bridge and its approaches, the actual expenditures for maintaining, repairing, and operating the same a nd of the daily tolls collected, shall be kept a nd shall be avai l- able for the information of all persons interested .

Sw orn state ment of SEC. 6. The Wa bash a Br idge Com mitt ee, •V abasha, Minnesota, its construction costs, etc ., comple- of

and assigns, shall within ninety days after the completion to lion . be filed after of such bridge file with the Secretary of War, and with the highway de part ment s of the Sta tes of M inne sota and Wis cons in, a sw orn itemized statement showing the actual original cost of constructing the bridge and its approaches, the actual cost of acquiring any inter- est in real property necessary therefor, and the actual financing and In vesti gati on by Sec - promotion costs. The Secr etar y of War may , and up on r eque st of retary of War . the highway department of either of such States shall, at any time within three years after the completion of such bridge, investigate such costs and determine the accuracy and the reasonableness of the costs alleged in the statement of costs so filed . and shall make a find- ing of the actual and reasonable costs of constructing, financing, and promoting such bridge ; for the purpose of such investigation the said Wabasha Bridge Committee, Wabasha, Minnesota, its successors and assigns , shall make ava ilable a ll recor ds in co nnection with th e Findings of Secretary con structio n, finan cing, an d promot ion ther eof . The findings of the conclusive. S ecreta ry of War as to the r eason able c osts of th e cons truct ion, 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 mistake . SEC . 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 Wabasha Bridge committee, Wabasha, Minnesota, its suc- cessors and assigns, and any corporation to which or any person to whom such rights, powers, and privileges may be sold, assigned, or transferred, or who shall acquire the same by mortgage foreclosure or otherwise, is hereby au tho ri zed and empowered to exercise the sa me as fu lly as t hough co nferred herein d irectly upon suc h corpor a- tion or person . SEC. 8. The right to alter, amend, or repeal this Act is hereby Am endment . exp ressly r eserved . Approved, March 10, 1928 . March 10, 1928. CHAP . 172 .-An Act Authorizing E . H . Wegener, his heirs, legal representa- [H . R . 69 3 .1 tives, and assigns, to construct., maintain, and operate a bridge across the Missis-

[Public, No .127.1 sippi River at or near Chester, Illinois . Be it enacted by the Senate and House o f Representatives o f the United States o f America in Congress assembled, That in order to Mississippi River. F.fI. Wegener may facilitate interstate commerce, improve the postal service, and provide bri dge, at Chest er, Ill . for mili tary and other p urposes, E . H . W egener, his heir s, legal rep- resentatives, and assigns, be and is hereby authorized to construct, 54835 ° -29-PT 1 22