Theodore R. McKeldin, Governor 1035
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 ac-
quiring 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 fund
of not to exceed the amount necessary for the proper care, repair,
maintenance, and operation of the bridge and its approaches. An
accurate record of the amount paid for the bridge and its approaches,
the expenditures for operating, repairing and maintaining the same,
and of daily tolls collected shall be kept and shall be available for the
information of all persons interested. Notwithstanding the above
provisions with respect to amortization, if the Baltimore County
Revenue Authority purchases said bridge and its approaches it may
adjust the rates of tolls to provide a fund sufficient to pay 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 within a period of not to exceed
thirty (30) years from the date of acquisition by said Baltimore
County Revenue Authority. AND PROVIDED FURTHER THAT
IF THE BALTIMORE COUNTY REVENUE AUTHORITY CON-
STRUCTS, OPERATES AND MAINTAINS A SECOND BRIDGE
AND ITS APPROACHES ACROSS BEAR CREEK, AFTER AC-
QUIRING THE BRIDGE AUTHORIZED TO BE CONSTRUCTED
UNDER THE PROVISIONS OF THIS AND PREVIOUS SEC-
TIONS OF THIS ARTICLE, THE TOLLS CHARGED AND
COLLECTED FOR THE USE OF THE BRIDGE AUTHORIZED
TO BE CONSTRUCTED UNDER THE PROVISIONS OF THIS
AND PREVIOUS SECTIONS OF THIS ARTICLE MAY BE AD-
JUSTED TO PROVIDE A FUND MADE UP OF TOLLS CHARGED
AND COLLECTED FOR THE USE OF BOTH BRIDGES ACROSS
BEAR CREEK SUFFICIENT TO PAY THE COST OF MAIN-
TAINING, REPAIRING AND OPERATING BOTH BRIDGES
AND THEIR APPROACHES AND TO PROVIDE A SINKING
FUND SUFFICIENT TO AMORTIZE THE COST OF THE AC-
QUISITION AND CONSTRUCTION OF BOTH BRIDGES AND
THEIR APPROACHES WITHIN A PERIOD OF NOT TO EX-
CEED THIRTY (30) YEARS FROM THE DATE OF ACQUISI-
TION OF THE FIRST BEAR CREEK BRIDGE BY SAID BAL-
TIMORE COUNTY REVENUE AUTHORITY.
Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1957.
Approved April 10, 1957.
CHAPTER 633
(House Bill 612)
AN ACT to add new Section 295A to Article 16 of the Annotated
Code of Maryland (1951 Edition), title "Chancery", sub-title
Explanation: Italics indicate new matter added to existing law.
[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.
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