WM. PRESTON LANE, JR., GOVERNOR. 561

such sinking fund shall be a fund for the benefit of all revenue
bonds without distinction or priority of one over another.
The moneys in such sinking fund shall be applied to the pur-
chase or redemption of revenue and general obligation bonds
in accordance with the provisions of the ordinance author-
izing the issuance of the revenue bonds or of the trust agree-
ment. All bonds so purchased or redeemed shall forthwith be
cancelled and shall not again be issued.

114J. (Remedies of Bondholders and Trustee.) Any holder
of any revenue bonds issued under the provisions hereof or
any of the coupons attached thereto, and the trustee under
the trust agreement, if any, except to the extent the rights
herein given may be restricted by the ordinance passed before
the issuance of the revenue bonds or by the trust agreement,
may, either at law or in equity, by suit, action, mandamus or
other proceeding, protect and enforce any and all rights under
the laws of the State of Maryland or granted hereunder or
under such ordinance or trust agreement, and may enforce and
compel the performance of all duties required hereby, or by
such ordinance or trust agreement, to be performed by the
City or by any officer thereof, including the fixing, charging
and collecting of the rates, fees and other charges for the use
of the project or for the services and energy furnished thereby.

In the event the City shall default in the payment of the
principal of or the interest on any of the revenue bonds as
the same become due, whether at maturity or upon call for
redemption, and such default shall continue for a period of
sixty days, or in the event that the City or any of its officers,
agents or employees shall fail or refuse to comply with the
provisions hereof or shall default in any agreement made with
the holders of the revenue bonds, any holder of such bonds,
subject to the provisions of the ordinance authorizing the same
or the trust agreement, or the trustee therefor, shall have the
right to apply in any appropriate judicial proceeding to any
court of competent jurisdiction, for the appointment of a
receiver of the project, whether or not all bonds shall have
been declared due and payable and whether or not such holder
or trustee is seeking or has sought to enforce any other right
or to exercise any other remedy in connection with such bonds,
and upon such application the court may appoint such receiver.

Notwithstanding anything in this section to the contrary,
any such receiver shall have no power to sell, assign, mort-
gage or otherwise dispose of any assets of whatever kind or
character belonging to and useful for the project, and the
authority of any such receiver shall be limited to the opera-
tion and maintenance of the project in receivership and no
court shall have jurisdiction to enter any order or decree