1372 LAWS OF MARYLAND. [CH. 568

agreed purchase price except to the receiver appointed here-
under, unless and until the petition for the receiver has been
denied by the Court. If there is no objection on the part of
anyone interested, or if the receivership petition is refused, the
purchaser shall be liable to the subsisting creditors of the ven-
dor, as a trustee, for the agreed purchase price of all the prop-
erty so bought by him, and may make distribution of the unpaid
portion of the purchase price in accordance with the statement
furnished as aforesaid. And provided further, that no proceed-
ing at law or equity shall be brought against the purchaser to
invalidate any such sale after the expiration of ninety (90)
days from the consummation thereof. Nothing herein contained
shall prevent or hinder the vendor from demanding and receiv-
ing security from any purchaser or requiring a deposit, not to
exceed ten (10) per cent of the purchase price, to insure faith-
ful performance of the contract, agreeable to the provisions of
this Act, prior to furnishing the list of creditors as hereinbefore
set forth.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1929.

Approved April 11, 1929.

CHAPTER 568.

AN ACT to repeal and re-enact with amendments Section 6 of
Chapter 633 of the Acts of 1927, entitled "An Act to author-
ize the creation of a State debt in the aggregate amount of
One Hundred and Fifty Thousand Dollars ($150, 000), the
proceeds thereof to be used for paying part of the cost of the
Fifth Regiment Armory Plaza in Baltimore City, and provid-
ing generally for the issue and sale of certificates of indebted-
ness evidencing such loan, '' modifying the terms on which the
proceeds of the sale of said certificates of indebtedness shall
be paid over to the Mayor and City Council of Baltimore.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That. Section 6 of Chapter 633 of the Acts of 1927, entitled
"An Act to authorize the creation of a State debt in the ag-
gregate amount of One Hundred and Fifty Thousand Dollars
($150, 000), the proceeds thereof to be used for paying part of
the cost of the Fifth Regiment Armory Plaza in Baltimore City,
and providing generally for the issue and sale of certificates of
indebtedness evidencing such loan, " be and it is hereby repealed
and re-enacted with amendments, to read as follows: