Page:United States Statutes at Large Volume 45 Part 1.djvu/456

 SEVENTIETH CONGRESS. SESS. I. Cns. 315, 319 . 1928 . CHAP. 3 15 .-An Act To amend the War Finance Corporation Act, approved April 5, 1918, as amended. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, Th at the Act entitled "An Act to provide further for the national security and defense, and, for the purpose of assisting in the prosecution of the war, to provide credits for industries and enterprises in the United States necessary or contributory to the prosecution of the war, and to supervise the issuance of securities ; and for oth er purposes," approved April 5, 1 918, as amended, be, and the same hereby is, amended so as to extend for one year the period specified in section 1 of said Act during which the War Finance Corporation shall have succession ; and the expiration of the period of ten years specified in said section 1 shall not be construed to affect any right or privilege accrued, any penalty or liability incurred, or any civil or criminal proceeding commenced, or to diminish any authority conferred on any official necessary to enable him to carry out the duties remaining to be performed by him under said Act. Approved, April 4, 1928. 405 A pril 4,1 928. [H .R. 12245.1 [Public, No. 237 .] War Finance Com- mission. Succession continued one year. Vol.40,p.506. Vol. 42, p. 1 81, amended. Vol.41, pp. 1084,1360; Vol. 42, pp. 634,1481. Post, p. 1442; Expir ation of t en- year period not to affect any right, pen- alty, etc. Vol. 40, p. 506. April 5, 1928. CHAP. 319.-An Act Authorizing Herman Simmonds, junior, his heirs, legal [n.R. 9663.1 representatives, and assigns, to construct, maintain, and operate a bridge across Tampa Bay from Pinel las P oint, Pine llas Count y, to Pine y Poi nt, M anate e County, Florida. Be it enacted by the Senate and House of Representatives of the United States o America in Congress assembled That in order to Tampa Bay . f Herman Simmonds, promo te in terst ate c ommer ce, i mprov e the Post al Se rvice , and ir ., may bridge, at Pinel las P oint to Pi ney provide for military and other purposes, Herman Simmonds, junior, Point, Fla. his heirs, legal representatives, and assigns, be, and is hereby, authorized to construct, maintain, and operate a bridge and approaches thereto across Tampa Bay, at a point suitable to the interests of navigation, at or near Pinellas Point, Pinellas County, to Piney Point, Manatee County, Florida, in accordance wi th the provisions of the Act entitled "An Act to regulate the construction of bridges over navigable waters," approved March 23, 1906, and subje ct to the condi tions and limit ation s con taine d in this Act. Acquisition author- SEC. 2. After the completion of such bridge, as determined by the by Flaftea co mplet ion, Secretary of War, either the State of Florida, any political sub- division thereof, within or adjoining which any part of such bridge is located, or any two or more of them jointly, may at any time acquire and take over all right, title, and interest in such bridge and its approaches, and any interest in real property necessary therefor, Condemnation pro- bypurchaseorbycondemnationorexpropriationinaccordancewithceedingse the laws of such State governing the acquisition of private property for public purposes by condemnation or expropriation. If at any qu Compensation by aco ae~a- time after the expiration of twenty years after the completion of tion. su ch bridge the same is acquired by condemnation or expropriation, the a mount of d amage s or compe nsati on to be a llowe d sha ll not include good will, going value, or prospective revenues or 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 cost, 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. Toll s under SEC. 3. If such bridge shall at any time be taken over or acquired etc ., operation. by the State of Florida or by any municipality or other political [Public, No. 238.1 Construction. Vol.34,p.84. Limit ation s. State,

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