1096                               Laws of Maryland                         [Ch. 724

any form of taxation whatever therefor, other than special benefit
assessments, or to make any appropriation for their payment.

84H. The County is hereby authorized, in its discretion, to secure
any revenue bonds issued to provide funds for any project or projects
by a trust indenture by and between the County and a corporate
trustee, which may be any trust company or bank having the powers
of a trust company within or outside the State. At any one time,
the County may, in its discretion, be a party to one or more of such
trust indentures, if revenue bonds have been issued to finance more
than a single project as defined in Section 84B. Such trust indenture
or indentures may pledge or assign all revenues to be received from
any project or projects. Either the resolution providing for the
issuance of revenue bonds or such trust indenture or indentures
may contain such provisions for protecting and enforcing the rights
and remedies of the bondholders as may be reasonable and proper,
not in violation of law, including covenants setting forth the duties
of the County in relation to the construction, acquisition, improve-
ment, installation, maintenance, operation, repair and insurance of
any project or projects and the custody, safeguarding and applica-
tion of all moneys, and may provide that any project or projects
shall be constructed and paid for under the supervision and approval
of consulting engineers employed or designated by the County and
satisfactory to the trustee appointed as provided herein, and if none,
the original purchasers of the bonds. Such trust indenture or in-
dentures may further provide that the security given by contractors
and by any depositary of the proceeds of the bonds or revenues of
any project or other moneys pertaining thereto, be satisfactory to
the trustee appointed as provided herein, and if none, the original
purchasers of the bonds. It shall be lawful for any bank or trust
company incorporated under the laws of this State to act as de-
positary of the proceeds of the bonds or revenues. Such resolution
or such trust indenture or indentures may set forth the rights and
remedies of the bondholders and of the trustee, and may restrict
the individual right of action of bondholders as is customary in trust
indentures securing bonds and debentures of corporations. All ex-
penses incurred in carrying out such trust indenture may be treated
as a part of the cost of maintenance, operation and repair of any
project or projects.

84-I. In the event the County shall default in the payment, when
due at maturity or upon redemption, of the principal of and in-
terest or premium on any revenue bonds or other obligations issued
by it for a project, pursuant to Sections 84A and 84C, or shall fail
to perform any of its covenants made by it in a resolution or trust
indenture authorized by Section 84D, then and in either event:

(a) any trustee, whether appointed by the County pursuant to
Section 84C, or acting under a deed of trust of other agreement with
bondholders, and whether or not all such revenue bonds have been
declared due and payable by said trustee, shall be entitled as of
right to the appointment by the Circuit Court for Charles County of
a receiver, who may (to the same extent that the County itself could
so do) enter and take possession of any project, the revenues, rentals
or receipts from which are or may be applicable to the payment
of the bonds so in default, and operate and maintain said project,
and collect and receive all rentals and other revenues thereafter