Page:United States Statutes at Large Volume 47 Part 1.djvu/1585

 72d CONGRESS. SESS. II. CH. 271. MARCH 4, 1933 . 1561 If at a ny time after the expirat ion of t hirty ye ars afte r the co mple- only ntoyi ce s dn'e e ct tion of such bridge the same is acquired by condemnation or expro- etc., for construction, priation, the amount of damages or compensation to be allowed etc. shall not include good will, going value, or prospective revenues or profits, but shall be limited to the sum of (1) the actual cost of c onstruct ing such bridge and its approach es, less a reason able ded uc- tion for actual depreciation in value ; (2) the actual cost of acquir- ing 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 interest in real property ; and (4'i actual expenditures for necessary improvements . (c) If such bridge shall at any time be taken over or acquired by etc oils un der state the State of Maryland, or by any municipality or other political subdivision or public agency thereof under the provisions of section 2 of this Act, and if tolls are thereafter charged for the use thereof, the rates of toll shall be so adjusted as to provide a fund sufficient era on stooo p t o pay fo r the re asonable cost of maintai ning, rep airing, and oper at- etc° ing the bridge and its a proaches un der economical management and to provide a sinking fund suff icient t o amortiz e the am ount pai d therefor, including reasonable interest and financing cost, as soon as possible under reasonable charges, but within a period ~of not to exceed thirty years from the date of acquiring the same . Af ter a bridge, vane as free sinking fund sufficient for such .amortization shall have been so pro- thing ca sts, etc. vided, such bridge shall thereafter be maintained and operated free of toll s, or the rates o f tolls shall th ereafter be so a djusted a s to provide a fund of not to exceed the amount necessary for the proper repair, maintenance, and operation of the bridge and its approaches under economical management. An a ccur ate record of the amount tuRa p aid for acquirin g the br idge and its app roaches, the actual expendi- tures for operating, repairing, and maintaining the same, and of the daily tolls collected shall be kept and sh a ll be a vailable for the i nformati on of al l person s intere sted. (d) The sa id Chesapeake Bay Bridge Company, its successors c t d s statement and ass igns, sh all, with in ninet y days after the completion of such to be fir ed after coin. bridge, file with the Secretary of War and with the highway depart- r'et1O•' ment of the State of Maryland a sworn itemized statement showing the actual original cost of constructing the bridge and its approaches, the actual cost of acquiring any interest in real property necessary therefor, and the actual financing and promotion cost. The Secre- re !Warn by eec , tary of War may, and at the request of the highway department of the State of Maryland 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 Chesapeake xecoras to b e ,all , Bay B ridge Compa ny= i ts su ccess ors an d ass igns, shall make avai l- able. able al l of its records in conne ction wi th the f inancing and the con- structi on there of. T he findings of the Secretary of War as to the conclusive of Secretary reasonable cost of the construction, financing, and promotion of the bridge shall be conclusive for the purposes mentioned in section 2 of this Act, subject only to review in a court of equity for fraud or gross mistake. (e) The right to sell, assign, transfer, and mortgage all the conflerr edto se. e tc, rights, powers, and privileges conferred 'by this Act is hereby grant ed to the s aid C hesap eake Bay Br idge Compa ny, it s suc cesso rs and assigns, and any corporation to which or any person to whom such rights, powers, and privileges may be sold, assigned, or trans- I i