Page:United States Statutes at Large Volume 45 Part 1.djvu/1235

 1184 SEVENTIETH CONGRESS. SESS. II. CHs. 214, 215. 1929 . and the rat es of toll so fixed shall be the legal r ates u ntil ch anged b y vol. 34, p. 85. the Secretary of War under the authority contained in the Act of March 23, 1906. con erredto sell, etc ., SEC. 4. The right to sell, assign, transfer, and mortgage all the rights, powers, and privileges conferred by this Act is hereby granted to the Los Indios Br idge Company, its successor s 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 authorized and empowered to exercise the same as fully as though conferred herein directly upon such corporation or persons. Compensation, if ac- SEC. 5 . If such bridge shall at any time be taken over or acquired by conenmation, eete : by the State of Texa s or by any mu nicipality or other public sub- divisio n, or public agency thereof, by purchase , condemnation , or expropriation, the amount of damages or .compensation to be allowed shall not include good will, going value, or prospective revenues or Limitations, profits, but shall be limited to the sum of (1) the actual cost of constructing such bridge and its approaches, less a reasonable deduction for actual depreciation in value, (2) the actual cost of acquiring such interests in real property, (3) actual financing and promotion costs, not to exceed 10 per centum of the sum of the cost of constructing the bridge and its approaches and acquiring such interests in real property, and (4) actual expenditures for necessary improvements. Amendment . SEC. 6. The right to alter, amend, or repeal this Act is hereby expressly reserved. Approved, February 15, 1929. February 15, 1929. [H .R . 15069.] CHAP. 215 .-An Act Authorizing the Rio Grande City-Camargo Bridge [Public, No. 759 .] Company, its successors and assigns, to construct, maintain, and operate a bridge across the Rio Grande at or near Rio Grande City, Texas. Rio Grande. Be it enacted by the Senate and House o f Representatives o f the Rio oran ge cit y- United States of America in Congress assembled, Tha t in order to Camargo B ridge Com- facilitate international commerce, improve the postal service, and pang may bridge at Rio Grande City, Tex. pro vide f or mil itary and o ther p urpose s, th e Rio Grande City- Camargo Bridge Company, its successors and assigns, be, and is hereby, authorized to construct, maintain, and operate a bridge and approaches thereto across the Rio Grande, so far as the United States has jurisdiction over the waters of such river, at a point suitable to constructio n. the interests of navigation, at or near Rio Grande City, Texas, in Vol.34,p.84. accordance with the provisions of the Act entitled "An Act to regulate the construction of bridges over navigable waters," approved March 23, 1906, subject to the conditions and limitations contained in requuedval of Mexico this Act, and subject to the approval of the proper authorities in Mexico. Right to acquire real SEC. 2. There is hereby conferred upon the Rio Grande City- estate,etc .,i nTe xas , s,cor location, a pproa ches , Camargo Bridge Company, its successors and assigns, all such rights etc • and powers to enter upon lands and to acquire, condemn, occupy, possess, and use real estate and other property in the State of Texas needed for the location, construction, operation, and maintenance of such bridge and its approaches as are possessed by railroad corpora- tions for railroad purposes or by bridge corporations for bridge pur- poses in the State of Texas upon making just compensations therefor Cond emna tion pro. t o be ascertained and paid according to the laws of such State, and ceedings. the proceedings therefor shall be the same as in the condemnation or expropriation of property for public purposes in such State. Tolls authorized . SEC. 3 . The said Rio Grande City-Camargo Bridge Company, its successors and assigns, is hereby authorized to fix and charge tolls

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