Chapter 468. Authorizing the State of Indiana to construct, maintain, and operate a toll bridge across the Ohio River at or near Rockport, Indiana
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Chap. 468: Authorizing the State of Indiana to construct, maintain, and operate a toll bridge across the Ohio River at or near Rockport, Indiana. Chapter 468 45 Stat. 472 1928-05-01 United States Government Publishing Office text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Digitization Vendor 2025-01-24 70 1 public Chapter 468.— An Act Authorizing the State of Indiana to construct, maintain, and operate a toll bridge across the Ohio River at or near Rockport, Indiana.
May 1, 1928.[[H. R. 11356](/us/bill/70/hr/11356).][[Public, No. 333](/us/pl/70/333).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* That in order to Ohio River.Indiana may bridge, at Rockport.promote interstate commerce, improve the postal service, and provide for military and other purposes, the State of Indiana, acting by and through its State highway commission and the successors of said commission, 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 interests of navigation, at or near the city at Rockport, Indiana, across said river to a point opposite in Daviess Construction.Vol. 34, p. 84.County, Kentucky, in accordance with the provisions of the Act entitled “An Act to regulate the construction of bridges over navigable waters,” approved March 23, 1906, and subject to the conditions and limitations contained in this Act.
Right to acquire real estate, etc., for location, approaches, etc. Sec. 2. There is hereby conferred upon the State of Indiana, acting by and through its State highway commission, and the successors of said 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 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 property is situated, upon making just compensation therefor, Condemnation proceedings.to be ascertained and paid according to the laws of such State, and the proceedings therefor shall be the same as in the condemnation or expropriation of property for public purposes in such State.
Tolls authorized. Sec. 3. The State of Indiana, acting by and through its State highway commission and the successors of said commission, is hereby 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 Vol. 34, p. 85.Secretary of War under the authority contained in the Act of March 23, 1906. Rates of toll applied to operation, sinking fund, etc. Sec. 4. In fixing the rates of toll to be charged for the use of such bridge the same shall be so adjusted as to provide a fund sufficient to 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 such bonds or other securities as may be legally issued by said State for the cost 473of such bridge and its approaches, with reasonable financing charges and redemption provisions, as soon as possible under reasonable charges, but within a period of not to exceed twenty years from the completion thereof.
After a sinking fund, including the earnings Maintenance as free bridge, etc., after amortizing costs.thereof from investment or otherwise, sufficient for such amortization shall have been provided, such bridge shall thereafter be maintained and operated tree 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 expenditures 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 information of all persons interested. Sec. 5. The right to alter, amend, or repeal this Act is hereby Amendment.expressly reserved. Approved, May 1, 1928.
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- Chapter 468Authorizing the State of Indiana to construct, maintain, and operate a toll bridge across the Ohio River at or near Rockport, Indiana
- Chapter 467Granting the consent of Congress to the States of North Dakota and Minnesota to construct, maintain, and operate a bridge across the Red River of the North at Fargo, North Dakota
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Chapter 468
Authorizing the State of Indiana to construct, maintain, and operate a toll bridge across the Ohio River at or near Rockport, Indiana
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