Page:United States Statutes at Large Volume 48 Part 1.djvu/170

 144 '73d CONGRESS. SESS. I. CH. 73. JUNE 14, 1933 . amount of money estimated to be sufficient for the same purpose during an ensuing period of not more than six months, the remain- der of tolls collected shall be placed in the sinking fund, at inter- vals to be determined by the Commission prior to the issuance of the Record of expendi- bonds. An accurate record of the cost of the bridge and its ap- turesandreceipts. roaches, the expendi tures for main taining ' repairing, a nd oper- ating the same, and of the daily tolls collcedshall e kept and shall be available for the informati on of all per sons intereste d. Clas sific ation of t raf- The Commission shall classify in a reasonable way all traffic over fic for ton adjustment. the bridge, so that the tolls shall be so fixed and adjusted by it as to be uniform in the application thereof to all traffic falling within any such reasonable class, regardless of the status or character of any person, firm, or corporation participating in such traffic, and shall prevent all use of such bridge for traffic except upon payment Exemptio ns from of the tolls so fixed and adjusted. No toll shall be charged officials tolls, or employees of the Commission or of the Governments of the United States or Canada while in the discharge of their duties. Maintenance of fer- SEC. 6. Nothing herein contained shall require the Commission or ries not mandatory. its successors to maintain or operate any ferry or ferries purchased hereunder, but in the discretion of the Commission or its successors any ferry or ferries so purchased, with the appurtenances and prop- erty thereto connected and belonging, may be sold or otherwise dis- posed of or may be abandoned and/or dismantled whenever in the judgment of the Commission or its successors it may seem expedient Ferry tol ls. so to do. The Commission and its successors may fix such rates of toll for the use of such ferry or ferries as it may deem proper, subject to the same conditions as are hereinabove required as to tolls for All oca ted to ferry traffic over the bridge. All tolls collected for the use of the ferry maintenance, sinking etc . or ferries and the proceeds of any sale or disposition of any ferry or ferries shall be used, so far as may be necessary, to pay the cost of maintaining, repairing, and operating the same and any residue thereof shall be paid into the sinking fund hereinabove provided Recor d of exp endi- for bonds. An accurate record of the cost of purchasing the ferry tares and receipts. or ferries, the expenditures for maintaining, repairing, and oper- ating the same, and of the daily tolls collected shall be kept and shall be available for the information of all persons interested. Acqui siti on b y New SEC. 7. After payment of the bonds and interest, or after a sink- York, etc ., of United states interests. ing fund suffi cient for suc h payment sha ll have been p rovided and shall be held for that purpose, the Commission shall deliver deeds or other suitable instruments of conveyance of the interest of the Commission in and to the bridge, that part within the United States to the State of New York or any municipality or agency thereof as may be authorized by or pursuant to law to accept the same (hereinafter referred to as the " United States interests ") and that By Canada, etc., of part within Ca nada to the D ominion of Ca nada or to suc h Province, Canadian interests . municipality, or agency thereof as may be authorized by or pur- suant to law to accept the same (hereinafter referred to as the Conditions . "Canadian interests"), under the condition that the bridge shall thereafter be free of tolls and be properly maintained, operated, and repaired by the United States interests and the Canadian If acquisition un- interests, as may be agreed upon ; but if either the United States aut horized, Co mmis. 9 y s i o n t o c o n t i n u e o w n e r - interests or the Canadian interests shall not be authorized to accept ship, etc' or s hall not acc ept the same und er s uch cond itio ns, then the bri dge shall continue to be owned, maintained, operated, and repaired by the Commission, and the rates of tolls shall be so adjusted as to provide a fund of not to exceed the amount necessary for the proper maintenance, repair, and operation of the bridge and its approaches under economical management, until such time as both the United