Page:United States Statutes at Large Volume 48 Part 1.djvu/1040

 1014 73d CONGRESS. SESS. II. CHS. 599, 600. JUN E 18, 1934 . Ohio River, at a point suitable to the interests of navigation, at Sistersville, Tyler County, West Virginia, in accordance with the provisions of the Act entitled "An Act to regulate the construction of bridges over navigable waters", approved March 23, 1906, and subject to the conditions and limitations contained in this Act ; and said trustees shall own and hold said bridge in trust for Tyler County, West Virginia, Monroe County, Ohio, and the city of Sistersville, West Virginia ; said trustees being known as and func- tioning a s the Sistersv ille Bridge B oard of Trust ees, and servi ng without compensation. Said board of trustees is hereby granted the right to assign, transfer, and mortgage all the rights, powers, and priv ileg es c onfe rred by this Act. Right to acquire real SEC. 2 . There is hereby conferred upon said board of trustees all estate for location, ap- proaches. etc. such rights and powers to enter upon lands and to acquire, condemn, occupy, possess, and use real estate and other property needed for the location, construction, maintenance, and operation of such bridge and its approaches as are possessed by railroad corporations for railroad purposes or by bridge corporations for bridge purposes in the State in which such real estate or other property is situated, upon making just compensation therefor, to be ascertained and paid Conde mnat ion pr e- according to the laws of such State, and the proceedings therefor eeedings. shall be the same as in the condemnation or expropriation of prop- erty for public purposes in such State. Tolls authorized. SEC. 3 . The said board of trustees is hereby authorized to fix and charge tolls for transit over such bridge, and the rates of toll so fixed shall be the legal rates until changed by the Secretary of War under the authority contained in the Act of March 23, 1906. Rates adjusted to provide far operation, SEC. 4 . In fixing the rates of toll to be charged for the use of such sinking fund, etc . bridge the same shall be so adjusted as to provide a fund sufficient to pay for the reasonable cost of maintaining, repairing, and oper- ating the bridge and its approaches under economical management, and to provide a sinking fund sufficient to amortize the cost of such bridge and its approaches, including reasonable interest and financ- ing cost, as soon as possible, under reasonable charges, but within Maintenance as free a period of not to exceed twenty years from the completion thereof. bridge, etc ., after amor- After a sinking fund sufficient for such amortization shall have been `ring costs. s o provided, such bridge shall thereafter be maintained and operated free of tolls, or the rates of toll shall thereafter be so adjusted as to provide a fund of not to exceed the amount necessary for the R ecord of expe ndi- proper maintenance, repair, and operation of the bridge and its tures and receipts. approaches under economical management. An accurate record of the cost of the bridge and its approaches ; the expenditures for maintaining, 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. Amendment SEC. 5 . The right to alter, amend, or repeal this Act is hereby expressly reserved. Appro ved, June 18, 1934. [CHAPTER 600 .1 1 934 . AN ACT June i8, [H R. 6229.1 To amend subsection (a) of section 23 of the District Alcoholic Beverage Control [Public, No. 407 .] Act. Alcoholic Beverage Be it e nacted by the Senate and Ho use of Repres entatives of the Control Act, D .C. United States o f America in Congress assembled, That subsection (a) Ante, pp. 332, 654. of section 23 of the District of Columbia Alcoholic Beverage Control Act is amended so as to read as follows