ALBERT C. RITCHIE, GOVERNOR. 1389
hereafter have to revise the rates and charges of common car-
riers now subject to its jurisdiction with like procedure, includ-
ing the right of appeal.
58. The provisions of this sub-title are subject to all valid
and applicable provisions of laws of the United States con-
cerning bridges over navigable waters of the United States.
59. After the completion of such bridge, as determined by
the Secretary of War, either the State of Maryland or the
Board of County Commissioners of Baltimore County, or both
of them jointly^ may at any time acquire and take over all the
right, title and interest in such bridge and its approaches and
any interests in real property necessary therefor, by purchase
or condemnation in accordance with the laws of this State gov-
erning the acquisition of private property for public purposes
by condemnation. If at any time after the expiration of twen-
ty years after the completion of such bridge and its approaches
the same is acquired by condemnation, the amount of damages
or compensation to be allowed shall not include good will,
going value, or prospective revenues or profits, but shall be
limited to the sum of (1) the actual cost of constructing such
bridge and its approaches, less a reasonable deduction for actual
depreciation in value; (2) the actual cost of acquiring such
interests in real property; (3) actual financing and promotion
cost, not to exceed 10 per centum of the sum of the cost of con-
structing the bridge and its approaches and acquiring such
interests in real property; and (4) actual expenditures for
necessary improvements.
60. If such bridge shall at any time be taken over or ac-
quired by the Board of County Commissioners of Baltimore
County under the provisions of Section 59 of this Article, and
if tolls are charged for the use thereof, the rates of toll shall be
so adjusted as to provide a fund sufficient to pay for the cost
of maintaining, repairing and operating the bridge and its
approaches, and to provide a sinking fund sufficient to amortize
the amount paid for such bridge and its approaches as soon as
possible under reasonable charges, but within a period of not
to exceed twenty years from the date of acquiring same. After
a sinking fund sufficient to amortize the cost of acquiring the
bridge and its approaches shall have been provided, such bridge
shall thereafter be maintained and operated free of tolls, or the
rates of toll shall thereafter be so adjusted as to provide a
|
 |