WM. PRESTON LANE, JR., GOVERNOR. 597

part of said revenues as may be required by such resolution or
trust agreement, shall be set aside at such regular intervals
as may be provided in such resolution or such trust agree-
ment, in a sinking fund which shall be pledged to, and charged
with the payment of, (1) the interest upon such revenue bonds
as such interest shall fall due, (2) the principal of the revenue
bonds as the same shall fall due, (3) the necessary charges of
paying agents for paying the principal and interest, (4) any
premium upon bonds retired by call or purchase as herein
provided. The use and disposition of such sinking fund shall
be subject to such regulations as may be provided in the reso-
lution authorizing the issuance of the revenue bonds or in the
trust agreement, but, except as may otherwise be provided in
such resolution or trust agreement, such sinking fund shall
be a fund for the benefit of all revenue bonds without distinc-
tion or priority of one over another. The moneys in such
sinking fund shall be applied to the purchase or redemption
of revenue bonds in accordance with the provisions of the
resolution authorizing the issuance of the revenue bonds or
of the trust agreement. All bonds so purchased or redeemed
shall forthwith be cancelled and shall not again be issued.

SEC. 7. And be it further enacted, That 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 resolution 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 wader
the laws of the State of Maryland or granted hereunder or
under such resolution or trust agreement, and may enforce
and compel the performance of all duties required hereby,
or by such resolution or trust agreement, to be performed
by the County or by any officer thereof, including the fixing,
charging and collecting of the tolls for the use of the bridge.

In the event the County 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 County 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 resolution au-
thorizing the same or the trust agreement, or the trustee
therefor, shall have the right to apply in any appropraite
judicial proceeding to any court of competent jurisdiction,