Chapter 195. To amend an Act entitled “An Act granting the consent of Congress to the Weirton Bridge and Development Company for the construction of a bridge across the Ohio River near Steubenville, Ohio,” approved May 7, 1926
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CHAP. 195.— An Act To amend an Act entitled “An Act granting the consent of Congress to the Weirton Bridge and Development Company for the construction of a bridge across the Ohio River near Steubenville, Ohio,” approved May 7, 1926.February 25, 1927.[[H. R. 14920](/us/bill/69/hr/14920).][[Public, No. 643](/us/pl/69/643).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*,Ohio River. Bridge across at Steubenville, Ohio.*Ante*, p. 410, amended.
That section 4 of “An Act granting the consent of Congress to the Weirton Bridge and Development Company for the construction of a bridge across the Ohio River near Steubenville, Ohio, approved May 7, 1926,” be and is amended to read as follows: Sec. 4. Ohio, West Virginia, etc., may acquire, after completion.After the completion of such bridge, as determined by the Secretary of War, either the State of Ohio, the State of West Virginia, any political subdivision of either of such States, within or adjoining which any part of such bridge is located, or any two or more of them jointly, may at any time acquire and take over all right, title, and interest in such bridge and its approaches, and any interest in real property necessary therefor, by purchase or by condemnation in accordance with the laws of either of such States governing the acquisition of private property for public purposes by Compensation if acquired 25 years after completion by condemnation.condemnation.
If at any time after the expiration of twenty-five years after the completion of such bridge the same is acquired by condemnation, the amount of damages or compensation to be allowed shall not include good will, going value, or prospective revenues or Limitation.profits, but shall be limited to the sum of
(1)the actual cost of constructing such bridge and its approaches, less a reasonable 1237 deduction for actual depreciation in value,
(2)the actual cost of acquiring such interests in real property,
(3)actual financing and promotion cost, not to exceed 10 per centum of the sum of the cost of constructing the bridge and its approaches and acquiring such interest in real property, and
(4)actual expenditures for necessary improvements. Approved, February 25, 1927.