Page:United States Statutes at Large Volume 66.djvu/780

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734

PUBLIC LAW 566-JULY 16, 1952

[66 S T A T.

design, and location of such bridge may be made, upon approval of plans for such changes by the Chief of Engineers and the Secretary of the Army. "SEC. 3. The bridge authorized by section 1 of this Act shall be maintained and operated according to existing law as contained in chapter 11 of title 33 of the United States Code and all rights granted thereunder are hereby expressly reserved. "SEC. 4. The Kensington and Eastern Railroad Company may sell, assign, transfer, and mortgage all of its rights, powers and privileges under this Act; and its successors and assigns, and any corporation to which such rights, powers, and privileges are sold, assigned, or transferred, or which acquires the same by mortgage foreclosure or otherwise, may exercise the same as fully as though conferred herein directly upon such corporation. "SEC. 5. The right to alter, amend, or repeal this Act is hereby expressly reserved." Approved July 16, 1952.

' JvUy 16, 1952 [H. R. 8194]

M i s s Is s i p p i River bridge, B e t t

eiidorfriowa! 45 Stat. 761.

Public Law 566

CHAPTER 891

^^ ACT To amend an Act approved May 26, 1928, relating to a bridge across the Mississippi River at Bettendorf, Iowa,

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembledy That section 7 of the Act approved May 26, 1928, is hereby amended by adding at the end Q£ ^J^^ section the following: "Any State or public agency or political subdivision thereof that may have originally constructed said bridge as assignee of the rights, powers, and privileges conferred by this Act, and any State or public agency or political subdivision thereof that may have succeeded to the rights of such assignee and that may have taken over or acquired said bridge, is hereby authorized, and subject to approval of the pertinent plans by the Chief of Engineers and Secretary of the Army, to enlarge and reconstruct said bridge and approaches, including the construction of a separate but adjacent span across the Mississippi River and approaches thereto with interconnections with the original span, and to continue to charge tolls for transit over such bridge as so enlarged and reconstructed, subject to the limitations expressed in section 3 hereof, to provide a fund sufficient to pay the cost of maintaining, repairing, and operating the bridge and its approaches as so enlarged and reconstructed under economical management and to provide a sinking fund to amortize the cost thereof including interest and financing cost, as soon as possible under reasonable charges, but witliin a period of not to exceed thirty years from the date of completion of such improvements, and after a sinking fund sufficient for such amortization shall have been so provided, such bridge and adjacent span shall thereafter be maintained and operated free of tolls in accordance with such arrangement as may be mutually agreed upon by the public agency or political subdivision then owning said bridge and the State Highway Departments or other appropriate authorities of Iowa and Illinois, and, in connection with any such enlargement and reconstruction of said bridge and approaches thereto, shall have the right and power to enter upon and acquire, condemn, occupy, possess, and use such real estate and other property as may be needed upon making just compensation therefor to be ascertained and paid according to the laws of the State in which