Page:United States Statutes at Large Volume 48 Part 1.djvu/171

 73d CONGRESS. SESS. I. CH. 73. JUNE 14, 1933. States interests and the Canadian interests shall be authorized to accept and shall accept such conveyance under such conditions. If at the time of such conveyance the Commission or its successors shall not have disposed of such ferry or ferries, the same shall be disposed of by sale as soon as practicable, at such price and upon such terms as the Commission or its successors may determine, but in making any such sale preference shall be given to the Canadian interests and thereafter to the United States interests before any sale exce pt to suc h respect ive inter ests. SEC. 8 . For the purpose of carrying into effect the objects stated in this Act there is hereby created the Saint Lawrence Bridge Com- mission, and by that name, style, and title said body shall have perpetual succession ; may contract and be contracted with, sue and be sued, implead and be impleaded, complain and defend in all courts of law and equity ; may make and have a common seal ; may purchase or otherwise acquire and hold or dispose of real estate and other property ; may accept and receive donations or gifts of money or other property and apply same to the purposes of this Act shall have and possess all powers necessary, convenient, or proper for carrying into effect the objects stated in this Act. The Commission shall consist of eleven persons appointed by the Governor of New Y o rk. Such Commission shall be a body corpo- rate and politic constituting a public-benefit corporation. Any vacancy occurring in said commission shall be filled by the Gov- er n o r. Each member of the Commission and t heir respective suc- cessors shall qualify by giving such bond as may be fixed by the Chief of t he Bureau of Public Roads of t he Departme nt of Agriculture, conditioned for the faithful performance of all duties required by this Act. The Commission shall elect a chairman and a vice chairman from its members, and may establish rules and regu- lations for the government of its own business. Five members shall constitute a quorum for the transaction of business. SEc. 9. The Commission shall have no capital stock or shares of interest or participation, and all revenues and receipts thereof shall be applied to the purposes specified in this Act. The members of the Commission shall be entitled to a per diem compensation for their services of $10 for each day actually spent in the business of the Commission, but the maximum compensation of the chairman in any year shall not exceed $2,500 and of each other member shall not exceed $500. The members of the Commission shall also be entitled to receive traveling expense allowance of 10 cents a mile for each mi le act ually travel ed on the bu siness of the Commi ssion. The Commission may employ a secretary, treasurer, engineers, attorneys, and such other experts, assistants, and employees as they may deem necessary, who shall be entitled to receive such compensation as the Commission may determine. All salaries and expenses shall be paid solely from the funds provided under the authority of this Act. After all bonds and interest thereon shall have been paid and all other obligations of the Commission paid or discharged, or pro- visio n for all such paym ent s hall have been made as herei nbefo re provided, and after the bridge shall have been conveyed to the United States interests and the Canadian interests as herein pro- vided, and any ferry or ferries shall have been sold, the Commis- sion shall be dissolved and shall cease to have further existence by an order of the Chief of the Bureau of Public Roads made upon his own initiative or upon application of the Commission or any member or members thereof, but only after a public hearing in the city of Ogdensburg, notice of the time and place of which hearing 86637o-24-10 145 Upon later convey- ance, ferries to be sold. Pre ference to Ca nadi- an interests. Saint Lawrence Bridge Commission created. Rights at law. Composition. Vacancies. Bo nd required of members Election of chair- man, etc. Capital stock, etc ., ownership, by Com- mission forbidden. Compe nsat ion, etc. Employment o f sec- retary, experts, etc. Funds available. Dissolution of Com- mission. Public hearing, etc . 20
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