- Few Southeast students face suspension, expulsion for sexual assaults, campus paper finds (4/25/17)5
- Perryville family organizing bone-marrow drive Friday for ailing 6-year-old boy (4/26/17)
- Woman battered after smashing boyfriend's meth pipe against wall, police say (4/25/17)1
- Pilot House goes smoke-free (4/23/17)10
- Temptations bassist dies after Cape Girardeau show (4/26/17)2
- Event includes the first public tour of 200-year-old Elmwood Manor (4/23/17)3
- BBB warns Jackson man's online business might not be legit (4/24/17)
- Cape couple turns their home into cozy, comfortable music venue (4/24/17)
- Cape councilman Bob Fox to run for mayor (4/21/17)5
- Sikeston man charged in shooting death of Cape man (4/23/17)
Bridge over River Thames sold for 1 million pounds
LONDON -- A toll bridge built in 1769 across the River Thames sold for more than 1 million pounds ($1.66 million) at an auction Thursday.
The Swinford bridge brings in about 190,000 pounds ($320,000) in toll payments from about 4 million vehicle crossings a year.
Due to a quirk in British law, toll revenue collected from the stone structure about 65 miles northwest of London can be collected tax-free.
It has been free of income tax since the 18th century, when Parliament granted ownership of the bridge and its tolls to the Earl of Abingdon and "his heirs and assignees forever."
Residents have complained that the archaic toll rules create serious traffic jams. They had asked Oxfordshire County Council to buy the bridge and abolish the tolls, but the local government said in a statement that it could not afford to.
Neil Mackilligin at London auction house Allsop, which sold the bridge, said its new owner did not want his name to be disclosed. Mackilligin said the new owner was based in the U.K. but did not live near the bridge.