Page:United States Statutes at Large Volume 47 Part 1.djvu/338

 314 72d CONGRESS. SESS. I. CH. 258 . JUNE 14, 1932 . Net amounts to each. "(d) As soon as is practicable subsequently to July 1, 1931, the commission shall determine with the Commonwealth of Pennsyl- vania, the State of New Jersey, and the city of Philadelphia the net amounts due to each, respectively, as of the 1st day of July, 1931, and from that date until the date of payment interest shall be paid by the commission to the Commonweath of Pennsylvania at the rate of 4 per centum per annum and to the State of New Jersey and to the city of Philadelphia at the rate of 41/ 4 per centum per annum . Manner of payment . "( e) The amount payable by the commission to the Common- wealth of Pennsylvania, as aforesaid, shall be paid to the State treasurer of the Commonwealth of Pennsylvania upon a voucher signed and audited by said State treasurer, who is hereby authorized to consummate the said transaction. The amount pa yabl e to the State of New Jersey shall be paid to the comptroller of said State up on a vou ch er signed and audited by sai d comptroller, who is hereby authorized to consummate the said transaction. The amount payable to the city of Philade lphia shall be p aid to the treas urer of the sai d city u pon a vo ucher si gned and audited by said treasur er, who is hereby authorized to consummate the said transaction. Upon the receipt of the proper payment each of said officials shall certify to the Delaware River Joint Commission that all moneys payable by the Delaware River Joint Commission, to the Commonwealth, State, or city, as the case may be, have been duly paid. "(f) Nothing herein contained shall be construed to affect, dimin- ish, or impair the rights and obligations created by, or to repeal any of, the provision of chapter 352 of the Laws of New Jersey of 1920, and chapter 262 of the Laws of New Jersey of 1924, and chapter 336 of the Laws of New Jersey of 1926, and chapter 33 of the Laws of New Jersey of 1927, and chapter 64 of the Laws of New Jersey of 1928. rew Jerse y sinking "(g) Of the money pai d to the State of New Jersey under the f fund commission. provisions of th is a reement, th ere shall be pai d to the sinking fund commi ssion, crea te by the provis ions of th e fore going stat utes (chapter 352 of the Laws of New Jersey of 1920 and chapter 262 of the Laws of New Jersey of 1924), such sum or sums as said sinking fund commission may deem necessary to meet the then existing indebtedness and obligations set forth in said statutes, together with suc h int er est and oth er ch ar ges as may be due or may gro w due. The amount thus to be paid to the sinking fund commission shall be arrived at and determined by said sinking fund commission within ninety d ays afte r paymen t is mad e to the State of New Jer sey pur- suant to the provisions of this agreement. The moneys to be paid to and r eceived by said sinking fund com mission a re hereb y appro- priated by the State of New Jersey and are to be used for sinking- und purposes according to law. "(h) No fa ilur e on the par t of the com miss ion to m ake the afores aid p aymen ts to the C ommonw ealth of P ennsy lvania, to the State of New Jersey, or to the city of Philadelphia, shall affect, diminish, or impair the rights of the holders of any bonds or other securities or obligations of said commission, as security for which the tolls and other revenues of the said bridge may be pledged . "AaTZCru VII Power to 1110 1111 1 4' Notwithstanding any provision of this agreement, the commis- credit of Pennsylvania sion sha ll have no power to pled ge the c redit of the Comm onwealth not conferred. of Pennsylvania, o r the credit of the State of New Jersey, or the