Page:United States Statutes at Large Volume 53 Part 2.djvu/274

 PUBLIC LAWS-CH. 139-MAY 17, 1939 Arkansas-Mississip- SE. 7. For the purpose of carrying into effect the objects stated pi Bridge Colmms- sion. in this Act, there is hereby created the Arkansas-Mississippi Bridge powers,et. co porate Commission, 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 property and apply the same to the purposes of this Act; and shall have and possess all powers necessary, convenient, or proper for carry- ing into effect the objects stated in this Act. Membership. The Commission shall consist of six members to be appointed by the Secretary of Agriculture, three of whom are to be residents and citizens of the State of Mississippi and the other three to be residents and citizens of the State of Arkansas. Such Commission shall be a public body corporate and politic. Each member of the Commission shall qualify within thirty days after his appointment by filing in the office of the Secretary of Agriculture an oath that he will faith- fully perform the duties imposed upon him by this Act, and each person appointed to fill a vacancy shall file in like manner within vancies. thirty days after his appointment. Any vacancy occurring in said Commission by reason of failure to qualify as above provided, or by reason of death or resignation, shall be filled by the Secretary of Agriculture, and in filling such vacancy the Secretary of Agriculture shall at all times make the appointment so that the respective States shall at all times have equal representation on said Commission. Surety bonds. Before the issuance of bonds, as hereinabove provided, each member of the Commission shall give such bond as may be fixed by the Chief of the Bureau of Public Roads of the Department of Agriculture, conditioned upon the faithful performance of all duties required by this Act. The cost of such surety prior to and during the construction of the bridge shall be paid or reimbursed from the bond proceeds and Organization; rules, thereafter such cost shall be deemed an operating expense. The Com- quorum, etc. mission shall elect a chairman and vice chairman from its members, and shall establish rules and regulations for the government of its own business. A majority of the members shall constitute a quorum for the transaction of business. Caital stock, etc., SEO. 8. The Commission shall have no capital stock or shares of interest or participation, and all revenues and receipts thereof shall TComcpes"tion al 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 $1,200, and of each other member shall not exceed $600. The members of the Commission shall also be entitled to receive traveling-expense allowance of 10 cents a mile for each mile Employees. actually traveled on the business of the Commission. 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 Disolution of Com. 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 provision for all such pay- ment shall have been made as hereinbefore provided, and after the bridge shall have been conveyed to the Arkansas interest and the Mississippi interest, as herein provided, or otherwise disposed of, as provided herein, the Commission shall be dissolved and shall cease to have further existence by an order of the Chief of the Bureau [53 STAT.

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