J. MILLARD TAWES, GOVERNOR                          1263

quired by this sub-title. The provisions of Sections 9 to 11, inclusive,
of Article 31 of the Annotated Code of Maryland, 1957 Edition, as
amended, shall not apply to bonds issued under the provisions of
this sub-title.]

Sec. 7. And be it further enacted, That new Sections 535 and 536
be, and the same are hereby, added to. the Code of Public Local Laws
of Washington County (1957 Edition), being Article 22 of the Code
of Public Local Laws of Maryland, title "Washington County", sub-
title "Sanitary Districts", said Sections to follow immediately after
Section 534, as repealed and re-enacted by this Act, and to read as
follows:

535. Revenue Bonds, Issue; Form.

For the purpose of financing, in whole or in part, the cost of a
project or projects in one or more subdistricts, the District is hereby
authorized and empowered, in addition to the authority and power
conferred by Section 534 of this sub-title, to borrow money in such
amounts as may be needed for said purpose and to evidence such
borrowing by the issuance and sale of its negotiable revenue bonds,
payable as to principal and interest solely from, the proceeds of special
benefit assessments and other charges imposed and made by the
District on the project or projects so financed with the proceeds of
said bonds, which revenues the District is hereby authorized to pledge
to such payment. The Commission is hereby authorized and em-
powered to fix and determine the form and tenor of said revenue
bonds, the denominations thereof, the rate or rates of interest payable
thereon, the place or places of payment thereof, and the method of
sale thereof, all as provided in Section 534 of this sub-title, except
that the amount of such revenue bonds which may be issued by the
District shall be limited only by the cost of the project or projects
to be financed thereby and such revenue bonds shall contain no guaran-
tee of payment of principal and interest by the County but, on the
contrary, shall recite that the principal and interest thereof are pay-
able soley from the revenues prescribed therein or in the resolution
or trust indenture authorizing the same. The District is hereby author-
ized and empowered, in its discretion, to secure any revenue bonds
issued hereunder by an appropriate trust indenture by and between
the District and a corporate trustee, which may be any trust company,
or bank having trust powers, within or outside the State. Every such
trust indenture, and revenue bonds secured thereby, shall clearly
recite that such bonds are obligations of the District, payable solely
from the revenues therein prescribed, and do not constitute obliga-
tions of the County or of the State of Maryland. Any such trust
indenture may contain covenants on the part of the District, not
contrary to law, deemed necessary or appropriate by the Commission
for the proper security of the purchasers of any such bonds, but the
District shall enter into no covenant which shall permit said trustee
or bondholders in any manner to sell or otherwise divest the District
of its title to any project or projects financed with the proceeds of
any such bonds, without the prior written consent of the County and
the District. Subject to the foregoing limitation, any such trust in-
denture may contain covenants for the protection of bondholders
relating to all or any of the following: (a) the nature, extent and
procedure for acquiring or constructing any project or projects and
the supervision thereof; (b) the maintenance and operation of any