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Code · STATUTES-AT-LARGE · Vol. 45 STAT. · May 29, 1928 · Chapter 897

Chapter 897. Granting the consent of Congress to the State Highway Commission of Arkansas to construct, maintain, and operate a toll bridge across the White River at or near Newport

486 words·~2 min read·/statutes-at-large/vol-45/chapter-897·

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Chap. 897: Granting the consent of Congress to the State Highway Commission of Arkansas to construct, maintain, and operate a toll bridge across the White River at or near Newport. Chapter 897 45 Stat. 984 1928-05-29 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 897.— An Act Granting the consent of Congress to the State Highway Commission of Arkansas to construct, maintain, and operate a toll bridge across the White River at or near Newport.
May 29, 1928.[[H. R. 13108](/us/bill/70/hr/13108).][[Public, No. 607](/us/pl/70/607).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, * White River.Arkansas may bridge, at Newport. That the consent of Congress is hereby granted to the State Highway Commission of Arkansas to construct, maintain, and operate a toll bridge and approaches thereto across the White River, at a point suitable to the interest of navigation, at or near Newport, Jackson County, State of Arkansas, in accordance with the provisions of an Act entitledConstruction.
Vol. 34, p. 84. “An Act to regulate the construction of bridges over navigable waters,” approved March 23, 1906. Sec. 2. If tolls are charged for the use of such bridge, the ratesRates of tolls applied to operation, sinking fund, etc. of toll shall be so adjusted as to provide a fund sufficient
(1)to pay the reasonable cost of maintaining, repairing, and operating the bridge and its approaches;
(2)the interest on borrowed money necessarily required and financing charges necessarily incurred in connection with the construction of the bridge and its approaches; and
(3)to provide a sinking fund sufficient to retire the bonds issued and sold in connection with such original construction. AllUse of revenue. revenue received from the bridge shall be applied to the foregoing purposes, and no bonds issued in connection with the construction of the bridge and its approaches shall be made to mature later than 985 twenty years after the date of issue thereof. After a fund sufficientMaintenance as free bridge, after fund to retire bonds provided. to retire such bonds in accordance with their provisions shall have been so provided, the bridge shall thereafter be maintained and operated as a free highway bridge, upon which no tolls shall beRecord of expenditures and receipts. charged. An accurate and itemized record of the original cost of the bridge and its approaches, the expenditures for maintaining, repairing, and operating the same, the interest charges paid, and the tolls charged and the daily revenues received from the bridge shall be kept by the State Highway Commission of Arkansas and shall be available at all reasonable times for information of all persons interested. Sec. 3. The right to alter, amend, or repeal this Act is herebyAmendment. expressly reserved.
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