THEODORE R. McKELDIN, GOVERNOR                   163

(c)  To adopt, use and alter at will a corporate seal;

(d)  To acquire, purchase, hold and use any property, real, per-
sonal or mixed, tangible or intangible, or any interest necessary or
desirable for carrying out the purposes of the Authority, and (with-
out limitation of the foregoing) to lease as lessee any property, real,
personal or mixed, or any interest therein, for a term not exceeding
ninety-nine (99) years at a nominal rental or such annual rental as
may be determined; to lease as lessor to the State or the County, or
to any political subdivision thereof, or to any person any project at
any time constructed by the Authority, whether wholly or partially
completed, and any property, real, personal or mixed, tangible or in-
tangible, or any interest therein, at any time acquired by the Au-
thority, whether wholly or partially completed; and to sell, transfer
and convey to the County any project at any time constructed by the
Authority, and any property, real, personal or mixed, tangible or in-
tangible, or any interest therein, at any time acquired by the Au-
thority;

(e)  To acquire by purchase, lease, or otherwise and to construct,
improve, equip, furnish, maintain, repair, and operate projects;

(f)  To appoint officers, attorneys, accountants, agents, employees
and servants; to prescribe their duties and fix their compensation;

(g)  To make by-laws for the management and regulation of its
affairs;

(h) To fix, charge and collect tolls, rates, rentals and other charges
for the use of the facilities of, or for the services rendered by, the
Authority or projects thereof, at reasonable rates, to be determined
by it, for the purpose of providing for the payment of the expenses
of the Authority, the construction, improvement, repair, equipping,
furnishing, maintenance and operation of its facilities and projects,
the payment of the principal of and interest on its bonds and ob-
ligations, and to fulfill the terms and provisions of any agreements
made with the purchasers or holders of any such bonds and obli-
gations;

(i) To borrow money and issue negotiable revenue bonds, certifi-
cates or other evidence of indebtedness or obligations and to secure
the payment of such bonds, or any part thereof, by pledge or inden-
ture of trust of all or any part of its revenues, rentals and receipts,
all as may be provided in the resolution authorizing the issuance of
such bonds, which resolution shall be taken as a part of the contract
with the holders of such bonds, and to make such agreements with the
purchasers or holders of such bonds or with others in connection with
any such bonds whether issued or to be issued, as the Authority shall
deem advisable, and in general to provide for the security for said
bonds and the rights of the holders thereof;

(j) To make contracts of every name and nature, and to execute
all instruments necessary or convenient for the carrying on of its
business;

(k) Without limitation of the foregoing, to borrow money and ac-
cept grants from, and to enter into contracts, leases or other trans-
actions with, any Federal Agency;