Page:United States Statutes at Large Volume 53 Part 2.djvu/765

 53 STAT.] 76TH CONG. , 1sT SESS.-CH. 513-AUG. 7, 1939 1241 [CHAPTER 513] AN ACT August 7, 1939 To authorize the construction of a bridge across the Ohio River at or near Mauck- 51.2588 39 port, Harrison County, Indiana. [Public, No. 311] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That in order to Ohio iver. promote interstate commerce, improve postal service, and provide for across, at Makrort military and other purposes the Indiana State Toll Bridge Commis- I n d - sion be, and is hereby, authorized to construct, maintain, and operate a bridge and approaches thereto across the Ohio River, at a point suitable to the interest of navigation at or near Mauckport, Harrison County, Indiana, in accordance with the provisions of the Act entitled "An Act to regulate the construction of bridges over navigable 34 tat.84 . waters", approved March 23, 1906, and subject to the conditions and 49. limitations contained in this Act. SEC. 2. There is hereby conferred upon the Indiana State Toll Acquisition of real Bridge Commission all such rights and powers to enter upon lands estate tc . and to acquire, condemn occupy, possess, and use real estate and other property needed for the location, construction, maintenance, and oper- ation of such bridges 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 prop- erty is situated, upon making just compensation therefor, to be ascer- tained and paid according to the laws of such State, and the proceed- ings therefor shall be the same as in the condemnation or expropria- tion of property for public purposes in such State. SEC. 3. The said Indiana State Toll Bridge Commission is hereby Tollchrges. authorized to fix and charge tolls for transit over such bridge, and 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. SEC. 4. In fixing the rates of toll to be charged for the use of such to^plication sinklls bridge the same shall be so adjusted as to provide a fund sufficient to fund, etc. pay for the reasonable cost of maintaining, repairing, and operating 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 interest at a rate of not to exceed 5 per centum per annum and reasonable financing cost, as approved by the Commissioner of Public Roads, as soon as possible, under reasonable charges, but within a period of not to exceed thirty years from the completion thereof. After a sinking fund sufficient for such amor- Mntenanceas free tization shall have been so provided, such bridge shall thereafter be btdge tsaer amo't maintained and operated free of tolls. An accurate record of the cost Record of expendi- of the bridge and its approaches, the expenditures for maintaining, t ure s an d 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. SEC. 5. The right to alter, amend, or repeal this Act is hereby Amendment. expressly reserved. Approved, August 7, 1939.

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