J. MILLARD TAWES, GOVERNOR                          1097

arising therefrom in the same manner as the County might do, and
deposit all such moneys in a separate account, and apply the same
in such manner as the court shall direct. In any such suit, action
or proceeding by the trustee, the fees, counsel fees, and expenses
of the trustees and of the receiver, if any, and all costs and dis-
bursements allowed by the court, shall be a first charge on any rev-
enues and receipts derived from the project, the revenues or receipts
from which are or may be applicable to the payment of the bonds
so in default;

(b)   any such trustee shall, in addition to the foregoing, have
and possess all of the powers necessary or appropriate for the ex-
ercise of any functions of the County specifically set forth in Section
84A, or incident to the general representation of the bondholders in
the enforcement and protection of their rights;

(c)  any holder or group of holders, or trustee therefor, of revenue
bonds or other obligations of the County issued under Section 84C
shall have the right, subject to such limitations as may be imposed
thereon by any resolution passed, or trust indenture executed, pur-
suant to Section 84D, by mandamus or other suit, action or proceed-
ing at law or in equity to enforce his or their rights against the
County, including (i) the right to require the County to collect
tolls, fees, rentals and other charges adequate to carry out any agree-
ment as to or pledge of such tolls, fees, rentals or other charges,
or income, revenues and receipts, (ii) the right to require the Coun-
ty to carry out any of its covenants and agreements with a trustee
or with the bondholders, and to perform its duties thereunder, (iii)
the right to enjoin the County from violating any such covenants
and agreements, and (iv) the right to require the County to account
with respect to any project as though it were the trustee of an ex-
press trust.

84J. The State does hereby pledge to and agree with any person,
firm or corporation, or Federal agency subscribing to or acquiring
the revenue bonds to be issued by the County for any project or part
thereof, that the State will not limit or alter the rights hereby vested
in the County until all such bonds at any time issued to provide
funds for such project or part thereof, together with the interest
thereon, are fully met and discharged, it being the intent hereof
that the County shall continue to have and may exercise all powers
herein granted, so long as the same shall be necessary or desirable
for the carrying out of such purposes.

84K. It is hereby found, determined and declared that the
establishment of a project or projects under the provisions of Section
84A is in all respects for the benefit of the inhabitants of Charles
County and of the State of Maryland, and is a public purpose,
that neither the County Commissioners of Charles County nor any
receiver appointed under Section 84-I shall be required to pay any
taxes or assessments upon any project owned or acquired by the
County, or on any part thereof or upon its or his activities in the
operation and maintenance of any project or upon any revenues
derived by it or him therefrom, and in addition, the revenue bonds
or other obligations of the County issued pursuant to Section 84A,
the interest thereon and any gain realized from the sale or exchange
thereof shall be and remain forever exempt from all State, municipal
and local taxation.