New Jersey § acts:saved-32 - (49)

§ acts:saved-32. (49)

3. The said New Jersey interstate bridge commission either in its own name or in co-operation

and conjunction with the Pennsylvania commission, or such board, commission, agency

or body as said commonwealth of Pennsylvania may, from time to time, designate, and

with any municipality thereof, or as constituting the New Jersey members of the Delaware

River Bridge Joint Commission, shall have power and authority, from time to time,

to enter into leases, contracts or agreements, upon such terms as may be deemed advisable,

with individuals, copartnerships, firms or corporations, for such part of said bridge

or property adjacent thereto as may not be required for the accommodation of traffic;

provided, however, that no such lease, agreement or contract shall be entered into

unless it provides for the payment of reasonable compensation for the privileges thereby

conferred; and may also employ such workmen, policemen, collectors of tolls, and

other agents and employees for the purpose of maintaining, repairing and operating

said bridge, and fix their compensation and incur such other expenses as may be deemed

necessary and advisable for the repair, maintenance and operation of said bridge;

and shall have the right and power to enter into leases and contracts with individuals,

corporations or copartnerships, for the establishment, maintenance and operation of

railways, railroads, motor busses and other means of transportation over and across

said bridge, and for telegraph, telephone, electric or other public service facilities,

and shall have the power to authorize the operation, maintenance and leasing thereof

and provide for the fixing and collection of charges, rates, rentals or tolls therefor,

and to authorize the making of contracts or leases, for the use and occupation of

property required; and also, if deemed advisable, to provide for the operation of

motor busses, steam operated, electric or motor propelled trains and cars, or other

similar vehicles, on and across the said bridge, by acquiring such motor busses, steam

operated, electric or motor propelled trains and cars, or vehicles, and itself providing

for the operation and maintenance of the same. The revenue derived therefrom belonging to the state of New Jersey shall be paid

to the state treasurer, and the revenue belonging to the commonwealth of Pennsylvania,

or the city of Philadelphia, shall be paid into such funds or to such persons as the

commonwealth of Pennsylvania and the city of Philadelphia shall, respectively, require.