32:3-9 - Rules and regulations; tolls; pledging of revenues - New Jersey Statutes

32:3-9.  Rules and regulations;  tolls;  pledging of revenues
     ARTICLE VIII.

     The commission is hereby authorized to make and enforce such rules and regulations and to establish, levy and collect (or to authorize by contract, franchise, lease or otherwise, the establishment, levying and collection of) such tolls, rents, rates and other charges in connection with the aforesaid existing bridge across the Delaware river and any other properties which it may  hereafter construct, erect, acquire, own, operate, or control, as it may deem  necessary, proper, desirable and reasonable, which said tolls, rents, rates and  other charges shall be at least sufficient to meet the expenses thereof,  including interest and sinking fund charges, and the commission is hereby  authorized and empowered to pledge such tolls, rates, rents and other revenues,  or any part thereof, either presently received or to be received in the future,  or both, as security of the repayment, with interest, of any moneys borrowed by  it, or advanced to it, for any of its authorized purposes and as security for  the satisfaction of any other obligation assumed by it in connection with such  loans or advances.