Volume 50
Public Law 75–601
Granting the consent of Congress to the county court of Saline County, Missouri, to construct, maintain, and operate a toll bridge across the Missouri River at or near Arrow Rock, Missouri.
Approved August 12, 1937
Statutory text
AN ACT
Granting the consent of Congress to the county court of Saline County, Missouri, to construct, maintain, and operate a toll bridge across the Missouri River at or near Arrow Rock, Missouri.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the consent of Congress is hereby granted to the county court of Saline County, Missouri, to construct, maintain, and operate a bridge and approaches thereto across the Missouri River, at a point suitable to the interests of navigation, at or near Arrow Rock, Missouri, in accordance with
Construction.
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.
Sec. 2.
If tolls are charged for the use of such bridge, the rates of toll shall be so adjusted as to provide a fund sufficient to pay 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 the bridge and its approaches, including reasonable interest and financing cost, as soon as possible under reasonable charges, but within a period of not to
Maintenance as free bridge after amortizing costs.
exceed twenty years from the completion thereof. After a sinking fund sufficient for such amortization shall have been so provided, such bridge shall thereafter be maintained and operated free of tolls.
Record of expenses and receipts.
An accurate record of the costs 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. 3.
The right to alter, amend, or repeal this Act is hereby expressly reserved.
Approved, August 12, 1937.