Page:United States Statutes at Large Volume 49 Part 1.djvu/1110

 74TH CO NGRESS. SESS. I. CH. 833. AUGUST 30, 1935 . 1065 Harbor Com pany, its successors and assig ns, by an Act of Con gress bridg ing. extended for approved February 25, 1927, heretofore extended by Acts of Congress Vol.44,p.1242;Vol. approved February 7, 1930 . and March 1, 1933, are hereby further 1416 ; Posi ; Vol. p.p1 ia4 .' p. extended one and three years, respectively, from February 25, 1936. OHIO RIVER AT CA NNELT ON, I NDIANA Ohio River at Can- nelto n, In d. SEC. 12. (a) That in order to promote interstate commerce, improve the postal service, and rovide for military and other purposes, the Perry County Bridge Commission of Perry County, Indiana, be, and is hereby, autho rized to constr uct, maintain, and operate a b ridge and approaches thereto across the Ohio River, at a point suitable to the interests of navigation, at or near Cannelton, Indiana, in accordance with the provisions of the Act entitled "An Act to regulate the con- Co olns tr ucc ti oo . struction of bridges over navi gable wate rs " , ap pro ved Mar ch 23, 1906, and subject to the conditions and limitations contained in this Act. (b) The re is he reby co nferred upon th e Perry County Bridge proaohes,etc for ap. Commission all 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 an d its approache s, as are posse ssed by rail- road cor porations for railro ad purpose s or by br idge corpo rations for bridge purposes in the State in which such real estate or other property is situated, upon making just compensation therefor, to be ascertaine d and paid according to the la ws of such State, an d the proceedings therefor shall be the same as in the condemnation or expropriation of property for public purposes in such State. (c) The said Perry County Bridge Commission is hereby author- Tolls , ized to fix and charge tolls for transit over such bridge, 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. Vol.34,p.85. (d) In fixing the rates of toll to be charged for the use of such Tolls to be applied to operation, sinking bridge, the same shall be so adjusted as to provide a fund sufficient fund, etc. to pay for the reasonable cost of maintaining, repairing, and operat- ing 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 financing cost, as soon as possible, under reasonable charges, but within a period of not to exceed twenty years from the completion thereof. After a maintenance as free bridge, etc., after sinking fund sufficient for such amortization shall have been so pro- tiziag costs. vided, 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 proper maintenance, repair, and operation of the bridge and its approaches under economical management. An accurate record of the cost of Record of expendi- the bridge and its approaches, the expenditures for maintaining, tures and receipts. 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. TENNESSEE RIVER BETW EEN DA YTON AND D ECA'1 UK, T ENNES SEE SEC. 13. (a) That the consent of Congress is hereby granted to the State of Tennessee, any political subdivision thereof within or adjoining which any part of the bridge herein referred to is located, any bridge district created or to be created by the State, or any two or more of them jointly, to construct, maintain, and operate a bridge and approaches thereto across the Tennessee River at a point suitable to the interests of navigation, at or near a point between Dayton and Tennessee River be- tween Dayton and De- catur, Tenn.