Page:United States Statutes at Large Volume 55 Part 1.djvu/169

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PUBLIC LAWS-CH. 71-APR. 12, 1941 Operating contracts. Creation of obliga- tions, restriction. Enforcement of Act. Power to convey bridge to States, etc. Proviso. Provisions of con- veyance. shall have been made as hereinbefore provided, and after the bridge shall have been conveyed to the Illinois interests and the Indiana interests as herein provided, and any ferry or ferries shall have been sold, the commission shall be dissolved and shall cease to have further existence by an order of the Commissioner of Public Roads made upon his own initiative or upon application of the commission or any mem- ber or members thereof, but only after a public hearing in the city of Carmi, Illinois, notice of the time and place of which hearing and the purpose thereof shall have been published once, at least thirty days before the date thereof, in a newspaper published in the city of Carmi. At the time of such dissolution all moneys in the hands of or to the credit of the commission shall be divided into two equal parts, one of which shall be paid to said Illinois interests and the other to said Indiana interests. SEc. 10. Notwithstanding any of the provisions of this Act, the commission shall have full power and authority to negotiate and enter into a contract or contracts with the State Highway Department of Illinois and the State Highway Commission of Indiana, whereby said highway departments or either of them may operate, and main- tain or participate with the commission in the operation and mainte- nance of said bridge and approaches. SEC. 11. Nothing herein contained shall be construed to authorize or permit the commission or any member thereof to create any obliga- tion or incur any liability other than such obligations and liabilities as are dischargeable solely from funds provided by this Act. No obli- gation created or liability incurred pursuant to this Act shall be an obligation or liability of any member or members of the commission but shall be chargeable solely to the funds herein provided, nor shall any indebtedness created pursuant to this Act be an indebtedness of the United States. SEm. 12. All provisions of this Act may be enforced or the violation thereof prevented by mandamus, injunction, or other appropriate remedy brought by the attorney general for the State of Illinois, the attorney general for the State of Indiana, or the United States district attorney for any district in which the bridge may be located in part, in any court having competent jurisdiction of the subject matter and of the parties. SEC. 13. Notwithstanding any of the provisions of this Act the commission, in its discretion, shall have power at any time to sell, transfer and convey such bridge and approaches thereto either to the State of Illinois or the State of Indiana, or to any public agency, or any political subdivision of either of such States within or adjoin- ing which any part of such bridge is located, or any two or more of them jointly: Provided, however, That if such bridge shall be sold, transferred and conveyed to the States or public agencies or political subdivisions thereof or to either of them, and if tolls are thereafter charged for the use thereof, the rates of toll 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 the amount paid therefor, including rea- sonable interest and financing costs, as soon as possible under reason- able charges, but within a period of not to exceed twenty years from the date of acquiring the same, and after a sinking fund sufficient for such amortization shall have been so provided such bridge shall thereafter be maintained and operated free of tolls. In the event of the acquisition of such bridge pursuant to the provisions of this sec- tion, an accurate record of the amount paid for the acquisition of the bridge and its approaches, the actual expenditures for maintain- 144 [55 STAT.