WM. PRESTON LANE, JR., GOVERNOR. 595
in respect of such bonds. If the proceeds of such bonds, by
error of calculation or otherwise, shall be less than said costs,
additional bonds, within the limits herein prescribed, may in
like manner be issued to provide the amount of such deficit,
and, unless otherwise provided in the resolution or in the
trust agreement hereinafter mentioned, shall be deemed to be
of the same issue and shall be entitled to payment from the
same fund without preference or priority over the bonds first
issued for the bridge. If the proceeds of bonds issued for the
project shall exceed said costs the surplus shall be paid into
the fund hereinafter provided for the payment of principal
and interest of such bonds.
Prior to the preparation of definitive bonds, the County
may, under like restrictions, issue interim receipts, interim
certificates, or temporary bonds, with or without coupons, ex-
changeable for definitive bonds when such bonds have been
executed and are available for delivery. The County may also
provide for the replacement of any bonds which shall become
mutilated or be destroyed or lost. Such revenue bonds may
be issued without any other proceedings or the happening of
any other conditions or things than those proceedings, condi-
tions or things which are specified and required hereby.
Said revenue bonds and the interest paid thereon, in the
hands of the persons entitled thereto, from time to time, shall
be and remain exempt from all State, county and municipal
taxation of any kind and nature whatsoever in the State of
Maryland.
The resolution providing for the issuance of the revenue
bonds and the trust agreement hereinafter authorized, may
also contain such limitations upon the issuance of additional
revenue bonds, with respect to the bridge, as the County may
deem proper, and such additional bonds shall be issued under
such restrictions and limitations as may be prescribed by
such resolution or trust agreement.
SEC. 4. And be it further enacted, That all moneys re-
ceived by the County or by any bank or trust company, acting
as trustee or depository, pursuant to the authority hereof,
whether as proceeds from the sale of revenue bonds, or as
tolls and other revenues from the bridge, shall be deemed to
be trust funds, to be held and applied solely as provided
herein. The County shall, in the resolution authorizing the
issuance of said revenue bonds, or in any trust agreement
covering the same provide that all persons or officials receiv-
ing payment of the proceeds of the sale of such bonds and the
tolls and other revenues to be received from the bridge shall
act as trustees of such funds, and shall hold and apply the
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