Page:United States Statutes at Large Volume 45 Part 1.djvu/565

 514 SEVENTIETH CONGRESS. SESS. I. CHs. 547, 548. 1928 . Maintenance of free sonable charges, but within a period of not to exceed twenty years bri dge, etc ., after amor- tizing costs, etc . from the date of acquiring the same. After a sinking fund suffi- cient for such amortization shall have been so provided, such bridge shall therea fter b e maint ained a nd ope rated f ree of tolls, or the rates of toll shall thereafter be so adjusted as to provide a fund of not to exc eed the amou nt n eces sary for the pro per main tena nce, rep air, and operation of the bridge and its approaches under economical man- Record of expend- agement. An ac curate record of the amount paid for acq uiring the tares and rece ipts . bri dge and its appr oach es, the actu al e xpen ditu res for main tain ing, repairing, and operating the same, and of the daily tolls collected, shall be kept and shall be available for the information of all persons interested. Sworn statement of SEC. 6. The Gulf Coast Properties, Inc ., its successors and assigns, construction costs, to be Sled after comple- shall within ninety days after the completion of such bridge file with tio n. the Secretary of War and with the highway departments of the States of New York and Vermont a sworn itemized statement show- ing the actual original cost of constructing the bridge and its approaches, the actual cost of acquiring any interest in real property necessary th erefor, and t he actual fin ancing and pro motion costs. Examination by Sec- The Secretary of War may, and upon request of the highway depart- retaryofWar. ment of either of such States shall, at any time within three years after the completion of such bridge, investigate such costs and deter- mine 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 reas onab le c osts of cons truc ting, fi nanc ing, and pro moti ng s uch bridge ; for the purpose of such investigation the said Gulf Coast Properties, Inc ., its successors and assigns, shall make available all of its records in connection with the construction, financing, and Find i ngs of Secretary promotion thereof. The findings of the Secretary of War as to the co reasonable 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 mistake. con rredto sell, etc ., SEC. 7. The right to sell, assign, transfer, and mortgage all the rights, powers, and privileges conferred by this Act is hereby granted to Gulf Coast Properties, Inc. ; its successors 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 person. Amen dment. SEC. 8. The r ight to alter, amend, or re peal this Act is hereby expressly reserved. Approved, May 14, 1928. May 14, 1928. [H. R.11692.] [Publ ic, No .383.] Lake Champlain. Gulf Coast Prop er- ties, Inc., may bridge, at East Alburg to west Swanton, Vt. CHAP. 548 .-An Act Authorizing the Gulf Coast Properties, Inc ., a Florida c or por at ion, of Ja cks on vil le , D uv al County, Florida, its successors and assigns, to construct, maintain, and operate a bridge across the Lake Champlain at or near East Alburg, Vermont. Be it enacted by the Senate and House o f Representatives o f the United States of America in Congress assembled, That in order to promote interstate commerce, improve the postal service, and to provide for military and other purposes, the Gulf Coast Properties, Inc., a Florida corporation, its successors and assigns, be, and is hereby, authorized to construct, maintain, and operate a bridge and approaches thereto across the Lake Champlain, at a point suitable

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