Page:United States Statutes at Large Volume 50 Part 1.djvu/669

 75'ra CONGRESS, 1sr SESSION-CH. 629-AUGUST 14, 1937 repairing, and operating and the reservation of an amount of money estimated to be sufficient for the same purpose during an ensuing period of not more than six months, the remainder of tolls collected shall be placed in the sinking fund, at intervals to be determined by Record of expendi- the Commission prior to the issuance of the bonds. An accurate Lures and receipts. record of the cost of the bridge and its approaches ; the expenditures for maintaining, repairing, and operating the same ; and of the daily tolls collected, shall be kept and shall be available for the informa- Trafficclassificationc tion of all persons interested. The Commission shall classify in a reasonable way all traffic over the bridge, so that the tolls shall be so fixed and adjusted by it as to be uniform in the application thereof to a ll tra ffic fallin g with in an y such reas onable clas s, reg ardles s of the status or c haract er of any p erson, firm, or c orpor ation partic ipat- ing in such traffic, and shall prevent all use of such bridge for traffic Exemptions. except upon payment of the tolls so fixed and adjusted. No toll shall be c harged offici als or employ ees of the Co mmission or the Government of the United States or any State, county, or munic- ipality in .the United States while in the discharge of their duties or municipal police or fire departments when engaged in the proper work of any such department. Commission not re- SEC. 6 . Nothing herein contained shall require the Commission or quired to operate ac quired ferry. 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 tolls, use o f. s o to do. The Commission and its successors may fix such rates of toll for the use of such ferry or fer ries as it ma y deem proper , subject to the same conditions as are hereinabove required as to tolls for traffic over the bridge. All tolls collected for the use of the ferry 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 for Record of expendi- bonds. An accurate record of the cost of purchasing the ferry or tures and receipts. ferries ; the expenditures for maintaining, repairing, and operating the sa me ; and o f the daily tolls colle cted shall be ke pt and shall be available for the information of all persons interested. Conveyance of SEC. 7. After payment of the bonds and interest, or after a sink- Commission's interest af ter li quidati on to In- ing fund sufficient for such payment shall have been provided and diana, Kentucky, etc' shall be held for that purpose, the Commission shall deliver deeds or other suitable instruments of conveyance of the interest of the C ommission in and to the b ridge, that p art within I ndiana to the S tate of Indi ana or any mu nicipality or agency ther eof as may be authorized by or pursuant to law to accept the same (hereafter referred to as the Indiana interests) and that part within Kentucky t o the Common wealth of Ken tucky or any munic ipalit y or a gency th ereof as may be authorize d by or pursu ant to law to accept the Maintenance as free same (hereinafter referred to as the Kentucky interests) under the bridge ; provision, if either state does not condition that the bridge shall thereafter be free of tolls and be accept. properly maintained, operated, and repaired by the Indiana interests and the Kentucky interests, as may be agreed upon ; but if either the Indiana interests or the Kentucky interests shall not be authorized to accept or shall not accept the same under such conditions, then the bridge shall continue to be owned, ma intained, ope rated, 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