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Volume 69 · 86

Public Law 84–63

To provide for the adjust meat of tolls to be charged by the Wayland Special Road District Numbered 1 of Clark County, Missouri, in the maintenance and operation of a toll bridge across the Des Moines Hi ver at or near Saint Francisville. Missouri.

Approved June 8, 1955

Statutory text

AN ACT

To provide for the adjust meat of tolls to be charged by the Wayland Special Road District Numbered 1 of Clark County, Missouri, in the maintenance and operation of a toll bridge across the Des Moines Hi ver at or near Saint Francisville. Missouri.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

That in the event that the Wayland Special Road District Numbered 1 of Chirk County, Missouri, shall issue toll bridge revenue refunding bonds for the purpose of refunding or redeeming its outstanding 4 per centum toll bridge revenue bonds dated December 1, 1935, which were issued to provide funds for the construction of the bridge authorized by an Act of the Seventysecond Congress, first session, approved February 14, 1933 (Public Law 337), or in the event that, the said District shall

47 Stat. 802.

extend the maturity date or dates of said outstanding bonds, the rates of toll to be charged for the use of said bridge shall be so adjusted as to provide sufficient revenues to pay for the reasonable cost of maintaining, repairing, and operating said bridge and its approaches under economical management and to provide a fund sufficient to pay the principal, interest, and redemption premium, if any. of such toll bridge revenue refunding bonds, or of said outstanding bonds, as soon as possible under reasonable charges, but within a period of not exceeding thirty years from the date of approval of this Act, and such tolls shall be continued until such payments shall have been made. After such bonds and the interest thereon shall have been paid, said bridge shall thereafter be maintained and operated free of tolls. An accurate record of the expenditures for maintaining, repairing, and operating said bridge, and of the daily tolls collected, shall be available for the information of all persons interested.

Sec. 2.

The right to alter, amend, or repeal this Act is hereby expressly reserved.

Approved June 8, 1955.

Parsed from the official Statutes at Large USLM XML in 69.xml