Page:United States Statutes at Large Volume 49 Part 1.djvu/1102

 74TH CO NGRESS. SESS. I. CH. 833. AUGUST 30, 1935. 1057 (e) If such bridge shall at any time be taken over or acquired by etc ., olpe raee . State, th e Stat es or p ublic agenci es or politi cal sub divisi ons th ereof, or by either of them, as provided in subsection (d) of this section, and if tolls are thereafter charged for the use thereof, the rates of toll shall a Tolls, applilie gto o-, be so adjusted as to provide a fund sufficient to pay for the reason- etc. able cost of mainta ining, repairin g, and operati ng the bridge a nd its approaches, under economical management to provide a sink- ing fund sufficient to amortize the amount paid therefor, including reas onable interest and financing cost, as soon as possible und er, reasonable charges, within a period of not to exceed thirty years from the date of acquiring the same. After a sinking fund suffi- Maintenance as free bridge, et c ., after amor- cient for such amortization shall have been so provided, such bridge tiling tests. sh all th ereafte r be m aintai ned an d oper ated fr ee 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 proper maintenance, repair, and operation of the bridge and its approaches under economical management. An accurate record of the amount paid for acquiring tares Record of etpendi- the bridge and its approaches, the actual expenditures for operation, and rec eipts. repairing, and maintaining the same, and of the daily tolls collected shall be kept and shall be available for the information of all per- sons interested. (f ) The said Ge orge W ashingt on Mem orial Bridge Public Cor- cons const ructi on me nt of poration, its successors and assigns, shall within ninety days after tobefiled up on comple- the completion of such bridge file with the Secretary of War and with tion. the Highway Departments of the States of Virginia and Maryland a sworn itemized statement showing the actual original cost of con- structing the bridge and its approaches, the actual cost of acquiring any interest in real property necessary therefor and actual financing and promotion costs. The Secretary of War may, and upon the Inve stigat ion by Sec. request of the highway department of either of such States shall, at retary ofWar. any time within three years after the completion of such bridge, investigate such costs and determine the accuracy and the reasonable_ ness of the costs alleged in the statement of costs so filed, and shall make a finding of t he actual and r easonable cost s of constructi ng, financing, and promoting such bridge ; for the purpose of such inves- tigation the said George Washington Memorial Bridge Public Cor- poration, its successors and assigns, shall make available all of its records in connection with the construction, financing, and promotion thereof. The findings of the Secretary of War as to the reasonable conclusive F l us ives of Secretary r . costs of the constructi on, financing, and promotion of the bridge shall be conclusive for the purposes mentioned in subsection (d) of this section, subject only to review in a court of equity for fraud or gross mistake. (g) The right to sell, assign, transfer, and mortgage all the rights, coRigrreato sell , e tc., powers, and privileges conferred by this Act is hereby granted to the said George Washington Memorial Bridge Public Corporation, its successors and assigns, and any corporation to which or any persons to w hom such rights, powers, and p rivileges may be sold, assign ed, or transferred, or who shall acquire the same by mortgage fore- clos ure or otherwis e, is hereby au thorized and e mpowered to exe r- cise the same as fully as though conferred herein directly upon such corporation or person. MISSISSIPPI RIVER AT STITES , ILLINOIS Mississippi River at Stites, Ill. SEC. 7. (a) That in order to promote interstate commerce, improve Post, p.1253. the postal service, and provide for military and other purposes, the county of Saint Clair, in the State of Illinois, be, and is hereby, authorized to construct, maintain, and operate a bridge and 1040 19°-3 6- 	6 7