Page:United States Statutes at Large Volume 48 Part 1.djvu/975

 73d CONGRESS. SESS. II. CHS. 483, 484. JUNE 13, 1934. 949 tinue u ntil f inal e nactme nt the reof i n both Houses of Co ngress ; and such committee may also curtail the number of copies of such bills or resolutions, including the slip form of such public Act or public resolutio n. Approved, June 13, 1934. [CHAPTER 484.] AN ACT June 13, 1034. Authorizing the Oregon-Washington Bridge Board of Trustees to construct, 	[S.3502.] maintain, and operate a toll bridge across the Columbia River at Astoria, [Public, No. 326 .] Clatsop County, Oregon. Be it enacted by the Senate and House o f Representatives o f the United States of Ame rica in Cong ress ass embl ed, That in order to Colum bia River. promote interstate commerce, improve the postal service, and pro- Oregon-wasb ingto f Bridge. Board o vide for military and other purposes, Guy Boyington, judge of the aTr s toeiaores ridge, county court of Clatsop County, Oregon, and his successors in office, J. C. Ten Brook, mayor of the city of Astoria, Oregon, and his successors in office, and L. D. Williams, chairman of the Board of County Commissioners of Pacific County, Washington, and his suc- cessors i n office, all as t rustees, are hereb y authori zed to co nstruct, maintain, and operate a bridge and approaches thereto across the Columbia River, at a point suitable to the interests of navigation, at Astoria, Clatsop County, Oregon, in accordance with the pro- visions of the Act entitled "An Act to regulate the construction of construction . bridges over navigable waters ", appr oved March 23, 1906, and sub- Vol.34,p.84. j ~ ect to the conditions and limitations contained in this Act ; and Conditions and lima- said trustees shall own and hold said bridge in trust for Clatsop tations. Coun ty, Oregon, Pacific County, Washington, and the city of Astoria, Oregon ; said trustees being known as and functioning as the Oregon-Washingto n Bridge Board of Tru stees, and serving without compensation. Said board of trustees is hereby granted the right to assign, transfer, and mortgage all the rights, powers, as Righ s of trustees to and privileges conferred by this Act. SEc. 2. There is hereby conferred upon said board of trustees all Acqui siti on o r ap- such rights and powers to enter upon lands and to acquire, condemn, proaches, etc. 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 according to the laws of such State, and the proceedings therefor shall be the same as in the condemnation or expropriation of prop- erty for public purposes in such State. SEC. 3 . The said board of trustees is hereby authorized to fix and Toll rates. charge tolls for transit over such bridge, and the rates of toll so fixed s hall b e the legal rates until changed by th e Secr etary cf War under the authority contained in the Act of March 23, 1906. Vol.34,p. 85. SEC. 4 . In fixing the rates of toll to be charged for the use of Rates to be applied such bridge the same shall be so adjusted as to provide a fund suffi- fo nd ope rat ion , tion, sinking cient to pay for the reasonable cost of maintaining, repairing, and opera ting the b ridg e and its appr oache s und er ec onom ical manag e- ment, and to provide a sinking fund sufficient to amortize the cost of such bridge and its approaches, including reasonable interest and financing cost, as soon as possible, under reasonable charges, but within a peri od of not to excee d twen ty-five years from the co mple- tion thereof. After a sinking fund sufficient for such amortization