Annual Report - Saint Lawrence Seaway Development Corporation

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United States Department of Transportation, St. Lawrence Seaway Development Corporation, 1955

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Էջ 104 - Our examination was made in accordance with generally accepted auditing standards and included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances.
Էջ 1 - There is hereby created, subject to the direction and supervision of the President, or the head of such agency as he may designate, a body corporate to be known as the Saint Lawrence Seaway Development Corporation (hereinafter referred to as the "Corporation").
Էջ 32 - The representative of each vessel shall provide the Authority with security, satisfactory to the Authority, for payment of tolls.
Էջ 99 - ... properly drawn up so as to exhibit a true and correct view of the state of the company's affairs according to the best of their information and the explanations given to them, and as shown by the books of the company.
Էջ 47 - Corporation, and payments in lieu of taxes. (5) That the rates shall provide, in addition, for the Corporation revenues sufficient to amortize the principal of the debts and obligations of the Corporation over a period not to exceed fifty .years.
Էջ 4 - Canada, an agreement as to the rules for the measurement of vessels and cargoes and the rates of charges or tolls to be levied for the use of the Saint Lawrence Seaway, and for an equitable division of the revenues of the seaway between the Corporation and the Saint Lawrence Seaway Authority of Canada.
Էջ 31 - Schedule hereto; (b) The tolls under this tariff are due from the representative of each vessel as soon as they are incurred and payment shall be made to the Authority at Cornwall, Ontario, within fourteen days of the date of billing by the Authority.
Էջ 9 - Seaway is operated by governmental corporations of two countries, the St. Lawrence Seaway Development Corporation of the United States and the St. Lawrence Seaway Authority of Canada.
Էջ 29 - Authority is incorporated for the purposes of:— (a.) acquiring lands for and constructing, maintaining and operating all such works as may be necessary to provide and maintain, either wholly in Canada or in conjunction with works undertaken by an appropriate authority in the United States...
Էջ 31 - Tolls" means the total assessment levied against a vessel, its cargo and passengers for complete or partial transit of the Seaway covering a single trip in one direction ; (1) "Ton" means, unless otherwise stated, a unit of weight of 2,000 pounds; (m) "Vessel...

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