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Wellesley Bridge to be vested in Commissioners of Public Works.
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7. The said Bridge called Wellesley Bridge, together with the Tolls payable thereout, shall be vested in the Commissioners of Public Works mid their Successors, Commissioners for the Time being; and the Tolls and Receipts of the said Bridge, by this or any other Act authorized, shall be applied by the said Commissioners, in the first instance, in defraying the necessary Costs of Collection thereof, the Costs of the Maintenance and Repairs and Approaches thereto, the Charges and Maintenance of the Swivel Bridge connected therewith, also Lighting and such other Expenses as the said Commissioners may think necessary and requisite to incur; secondly, in paying Interest on the said Sum of Ten thousand Pounds, at the Rate of Three and a Quarter per Centum per Annum, at such Times and in such Instalments as the said Commissioners shall from Time to Time appoint and direct; and thirdly, the Balance or Overplus (if any) from Time to Time to be applied as it may accrue in Reduction of the said Principal Sum of Ten thousand Pounds.
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