Page:United States Statutes at Large Volume 45 Part 1.djvu/807

 756 SEVENTIETH CONGRESS. SESS. I. CHs. 763, 764 . 1928 . Record of expendi- approaches, under economical management. An accurate record of tures and receipts. the amount paid for acquiring the bridge and its approaches, the expenditures for operating, repairing, and maintaining the same, and of daily tolls collected shall be kept and shall be available for the information of all persons interested. Sworn statement of SEC. 4. T. S. Hassell his heirs legal representatives, and assigns, construction costs, etc ., 5 . to be sfil ed a fter com- shall within ninety days after the completion of such bridge file with pletion. the Secretary of War, and with the highway department of the State of Ten nessee, a swo rn itemized s tatement showi ng the actual original cost of constructing the bridge and its approaches, the actual cost of acquiring any interest in real property necessary Examination by See- therefor, and the actual financing and promotion costs. The Secre- retary of war. tary of War may, and at the request of the highway department of the State of Tennessee shall, at any time within three years after the completion of such bridge, investigate such costs and determine the accuracy and the reasonableness of the costs alleged in the state- ment of costs so filed, and shall make a finding of the actual and reasonable costs of constructing, financing, and promoting such bridge ; for the purpose of such investigation the said T. S. Hassell, his heirs, legal representatives, and assigns, shall make available all of his records in connection with the construction, financing, con clu siv e . of Secre tary and promotion thereof. The findings of the Secretary of War as to the reasonable costs of the construction, financing, and promotion of the bridge shall be conclusive for the purposes mentioned in sec- tion 2 of this Act, subject only to review in a court of equity for fraud or gro ss mistake. coRight to sell, etc ., SEC . 5. The right to sell, assign, transfer, and mortgage all the rights, powers, and privileges conferred by this Act is hereby granted to T. S. Hassell, his heirs, legal representatives, 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. Amendment. SE C. 6. The right to a lter, amend, or repeal this Act is hereb y expressly reserved. Approved, May 26, 1928. May 25,1028 . [H. R. 12571.1 CHAP. 764 .-An Act Granting the consent of Congress to the State highway [Public, No. 528 .1 commission, Commonwealth of Kentucky, to construct, maintain, and operate a toll bridg e across t he Cumberl and River at or near Iuka, Kent ucky. Be it enacted by the Senate and House o f Representatives o f the Cumberland River. Unite d Sta tes of Amer ica i n Cong ress assem bled, That the consent Kentuck bridge, at Iukay m a y of Congress is hereby granted to the State highway commission, Commonwealth of Kentucky, to construct, maintain, and operate a bridge and approaches thereto across the Cumberland River, at a point suitable to the interests of navigation, at or near the town of Construction. Iuka, Kentucky, in accordance with the provisions of an Act entitled Vol.34, p.84. "An Act to regulate the construction of bridges over navigable Post, p. 1523. waters," approved March 23, 1906, and subject to the conditions and limitations contained in this Act. Rates of toll applied SEC. 2. If tolls are charged for the use of such bridge, the rates to operation, sinking fund, etc. of toll shall be so adjusted as to provide a fund sufficient to pay the reasonable cost of maintaining, repairing, and operating the bridge and its approaches under economical management, and to provide a sinking fund sufficient to amortize the cost of the bridge and its approaches, including reasonable interest and financing cost, as soon

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