New Jersey § 32:1-140

§ 32:1-140.

After the payment of the first two million fifty thousand dollars ($2,050,000.00)

to each State, the further amounts paid to each State pursuant to this act and the

concurrent act of the State of New York shall be deemed to be on account of the moneys

advanced by such State for preliminary studies upon and in aid of the construction

of the Outerbridge crossing (formerly known as the Perth Amboy-Tottenville bridge)

and the Goethals bridge (formerly known as the Elizabeth-Howland Hook bridge); and

from and after the date on which pursuant to this act and the concurrent act of the

State of New York the Port Authority shall have delivered bonds or moneys, or both,

to the State of New Jersey in the aggregate principal amount of two million one hundred

thousand dollars ($2,100,000.00) and to the State of New York in the aggregate principal

amount of two million ninety-nine thousand nine hundred eighteen dollars and twenty

cents ($2,099,918.20), in each case in addition to the first two million fifty thousand

dollars ($2,050,000.00) paid to such State under and pursuant to this act and the

concurrent act of the State of New York, then the duty and obligation of the Port

Authority to pay back to the two States the moneys advanced for preliminary studies

upon and in aid of the construction of said two bridges by chapters one hundred twenty-five 1 and one hundred forty-nine 2 of the laws of New Jersey of one thousand nine hundred and twenty-four, chapters

one hundred eighty-six and two hundred thirty of the laws of New York of one thousand

nine hundred and twenty-four, chapter thirty-seven of the laws of New Jersey of one

thousand nine hundred and twenty-five 3 and chapter two hundred ten of the laws of New York of one thousand nine hundred

and twenty-five, together with the claims of the two States and of each of them for

such repayment, shall be and shall be deemed to be fully satisfied and discharged,

and any lien or claim of the two States or either of them upon the tolls and revenues

of said bridges arising out of, under or because of the aforesaid statutes shall be

and shall be deemed to be void and without force or effect. 1

N.J.S.A. §§ 32:1-36 to 32:1-46. 2

N.J.S.A. §§ 32:1-48 to 32:1-58. 3

N.J.S.A. §§ 32:1-60 to 32:1-70.