THEODORE R. McKELDIN, GOVERNOR 1107
ments which may thereafter become necessary; such additional reve-
nue bonds may be sold from time to time in the manner hereinabove
provided, and shall be deemed a part of the original issue authorized
by such resolution, and shall be issued under such restrictions and
limitations as may be prescribed by such resolution or trust inden-
ture; provided, however, that such additional bonds shall rank equally
and on a parity with the other bonds authorized thereby.
The Authority is hereby authorized to provide by resolution for the
issuance of its revenue refunding bonds for the purpose of refunding
any revenue bonds then outstanding and issued under the provisions
of this Act. The issuance of such revenue refunding bonds, the de-
tails thereof, the rights of the holders thereof, and the duties of the
Authority in respect to the same, shall be governed by the provisions
of this Act insofar as the same may be applicable. Such revenue
refunding bonds shall mature at such time or times not exceeding
forty years from the date or dates of their respective issues.
The Authority is further authorized to provide by resolution for
the issuance of a single issue of its revenue bonds for the combined
purposes of (1) paying the cost of any improvement, extension, en~
largement or reconstruction of the market and (2) of refunding its
revenue bonds which shall theretofore have been issued for such
market and shall then be outstanding and which shall then have
matured or be subject to redemption or can be acquired for retire-
ment. Such revenue refunding bonds shall mature at such time or
times not exceeding forty years from the date or dates of their re-
spective issues.
SEC. 10 9. And be it further enacted:
That all moneys received from any revenue bonds issued and sold
under the provisions of this Act shall be applied solely for the pur-
poses for which the bonds shall be authorized or to the sinking fund
created for the payment of such bonds, and there shall be and there
hereby is created and granted a lien upon such moneys until so applied
in favor of the holders of such bonds or the trustee hereinafter pro-
vided for in respect of such bonds.
SEC. 11 10. And be it further enacted:
That in the discretion of the Authority, such revenue bonds may be
secured by a trust indenture by and between the Authority and a
corporate trustee, which may be any trust company or bank having
the powers of a trust company within or outside of the State. Such
trust indenture may pledge or assign all revenues to be received from
any market, but shall not convey or mortgage any market or any part
or parts thereof. Either the resolution providing for the issuance of
revenue bonds or such trust indenture may contain such provisions
for protecting and enforcing the rights and remedies of the bond-
holders as may be reasonable and proper, not in violation of law,
including covenants setting forth the duties of the Authority in rela-
tion to the construction, acquisition, improvement, installation, main-
tenance, operation, repair and, insurance of the market and the
custody, safeguarding, and application of all moneys, and may provide
that the market shall be constructed and paid for under the super-
vision and approval of consulting engineers employed or designated
by the Authority and satisfactory to the original purchasers of the
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