Page:United States Statutes at Large Volume 45 Part 1.djvu/794

 SEVENTIETH CONGRESS. SESS. I. CHs. 746-748 . 1928 . 743 of the bridge of the Saint Louis, Southwestern Railway Company, in accordance wit h the provisions of the Act entitled "An Act to regulate the construction of bridges over navigable waters," approved March 23, 1906 . Tolls a pplied to op - SEC. 2. If tolls are charged for the use of the bridge constructed eration, ori g inal cost, under authority of this Act, the State Highway Commission of etc. Arkansas may so adjust the rate of toll to be charged as to produce sufficient revenue to maintain, operate, and repair the bridge and repay the original co st of constructing the same, including any interest paid on borrowed money and discounts necessarily required Maintenance as free in f inancing such or iginal c onstruct ion, and shall, a fter the repay- bridge after repayment. ment thereof, operate such a bridge as a free bridge, provided that no bonds shall be issued for the building of said bridge that wi ll mature more than twenty-five years from the date of said bonds. Amend ment . SEC. 3. The right to alter, amend, or repeal this Act is hereby expressly reserved. Appr oved , May 25, 1928 . May 25, 1928. CHAP. 747.-An Act To amend section 2 of an Act approved February 14, [s. R.12676.1 1926, granting consent of Congress for the construction of a bridge across Red [Public,No .513 .] River at or near Fulton, Arkansas. Be it enacted by the Senate and House of Representatives of the United States o f America in Congress assembled, That section 2 of Red across, by Ar- an Act approved February 14, 1926, granting consent of Congress kansas, at Fulton . for the cons truction of a br idge acr oss Red River at or near Fulton, Arka nsas, sh all read as foll ows : Application ofrates of " SEC. 2 . If tolls are charged for the use of such bridge, the rates toll . of toll shall be so adjusted as to provide a fund sufficient (1) to pay Vol.44,p .4,smended . the rea so nab le co st of maintaining, repairing, and operating the bridge and its approaches; (2) the interest on borrowed mon ey necessarily required and financing charges necessarily incurred in connection with the construction of the bridge and its approaches; and (3) to provide a sinking fund sufficient to retire the bonds issued All revenues to be so and sold in connecti on with such ori ginal co nstructio n . A ll re ve nue applied . rec eived fr om the b ridge sh all be a pplied t o the fo regoing purposes, and no bonds issued in connection with the construction of the bridge and its approaches shall be made to mature later than twenty years after the date of issue thereof . "After a fund sufficient to retire such bonds in accordance with Maintenance fu nd fre e bridge, when fund to re- their provisions shall have been so provided, the bridge shall there- tire bonds provided. after be maintained and operated as a free highway bridge, upon which no tolls shall be charged. An accurate and itemized record of Record tares and receipts. the origina l cost of the br idge and its app roaches, the exp enditure s for maintaining, repairing and operating the same, the interest charges paid and the tolls charged and the daily revenues received fr om the brid ge sh all be kept by the State highway commi ssion of Arkansas, and shall be available at all reasonable times for the infor- mation of all persons interested ." Appr oved, May 25, 1928 . May 25, 1928 . CHAP. 748 .-An Act To amend section 2 of an Act approved March 12, 1928, 	[H. R. 12677.] grant ing con sent o f Congr ess for the c onstruc tion of a bri dge acr oss the Ouach ita [Public, No . 514.1 River at or near Calion, Arkansas. Be it en ac ted by the Senate and House of Representatives of the Ouachita River . United States of Ameri ca in Congress assembled, Tha t sec ti on 2 Bridge across, by Ar- of an Act approved March 12, 1928, granting consent of Congress kansas, at Calion.

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