HARRY W. NICE, GOVERNOR. 749

80. The Authority shall have power and is hereby author-
ized, from time to time, to issue its negotiable bonds, notes and
other evidences of indebtedness, such bonds, notes or other
evidences of indebtedness to be authorized by resolution of
the Board, to bear such date or dates, mature at such time
or times as hereinafter limited, to bear interest at such rate
or rates not exceeding five per centum (5%) per annum, pay-
able semi-annually, to be in such form, either coupon or regis-
tered, to be in such denominations (which may be made inter-
changeable), to carry such registration privileges, to be exe-
cuted in such manner, to be payable in such medium of pay-
ment, at such place or places, to be subject to such terms of
redemptions as such resolution or resolutions may provide.
Such bonds, notes or other evidences of indebtedness may be
sold at public or private sale for such price or prices as the
Authority may determine, provided that the interest cost to
maturity of the money received for any issue of said bonds,
notes or other evidences of indebtedness shall not exceed five
per centum. (5%) per annum.

Any provision of any law to the contrary notwithstanding,
any bonds issued pursuant to this Act shall be fully negoti-
able.

Pending the authorization, preparation, execution or deliv-
ery of definitive bonds, the Authority may issue interim cer-
tificates, or other temporary obligations to the purchaser of
such bonds. Such interim certificates, or other temporary
obligations, shall be in such form, contain such terms, condi-
tions and provisions, bear such date or dates, and evidence
such agreements relating to their discharge or payment by
the delivery of definitive bonds as the Authority may by reso-
lution determine.

In case any of the members or officers whose signatures
appear on any bonds or coupons shall cease to be such mem-
bers or officers before the delivery of such bonds, such signa-
tures shall, nevertheless, be valid and sufficient for all pur-
poses, the same as if they had remained in office until such
delivery.

81. A. The bonds, notes or other evidences of indebted-
ness may be issued for any corporate purpose of the Au-
thority.

B. Any resolution or resolutions authorizing any bonds
may contain provisions which shall be a part of the contract
with the holders of the bonds as to—

(1) pledging the gross tolls and revenues of either of the
projects to secure the payment of such bonds and of the in-
terest thereon;