710 LAWS OF MARYLAND. [CH. 356

The Commission is hereby authorized to acquire by pur-
chase or by condemnation in the manner hereinabove provided,
and to maintain and operate, all or any ferries which are then
being operated within a distance of ten miles from the loca-
tion which shall be selected for any bridge or tunnel. The
Commission is authorized to purchase ferries operating at
greater distances if the Commission shall ascertain by investi-
gation that the operation of such ferry or ferries would affect
the revenues of any bridge or tunnel constructed under the
provisions of this sub-title so as to impair the security of any
revenue bonds issued for the construction of such bridge or
tunnel.

The cost of such ferry or ferries shall be deemed for the
purpose of this sub-title to be a part of the cost of such bridge
or tunnel, and shall be deemed to include the cost of the ferry
boats, landings, machinery and equipment used in the opera-
tion of the ferry, and all property, rights, easements and fran-
chises relating thereto and deemed necessary or convenient
for the operation thereof. Nothing herein contained shall re-
quire the Commission to maintain or operate any ferry or
ferries acquired under the provisions of this section but in
the discretion of the Commission any ferry or ferries so
acquired, with the appurtenances and property thereto con-
nected and belonging, may be sold or otherwise disposed of
or may be abandoned or dismantled whenever in the judgment
of the Commission it may seem expedient so to do. The Com-
mission may fix such rates of tolls for the use of such ferry or
ferries as it may deem proper. All tolls collected for the use
of such ferry or ferries and the proceeds of any sale or dis-
position of such ferry or ferries shall be used as far as may be
necessary, to pay the cost of maintaining, repairing and
operating the same, and any residue thereof shall be paid into
the sinking fund hereinabove provided for the bonds issued
for such bridge or tunnel.

The distance of ten miles hereinabove mentioned in this
section shall be measured in a straight line between the
nearest points of such bridge or tunnel or any terminal of
such ferry.

118. REVENUE REFUNDING BONDS. The Commission is here-
by authorized to provide by resolution for the issuance of
revenue refunding bonds of the State for the purpose of refund-
ing any revenue bonds issued under the provisions of this
sub-title and then outstanding. The issuance of such revenue
refunding bonds, the maturities and other details thereof, the
rights of the holders thereof, and the duties of the State and
of the Commission in respect to the same, shall be governed
by the foregoing provisions of this sub-title insofar as the same
may be applicable, and by the following provisions: