882                             LAWS OF MARYLAND                      [CH. 517

and motorways (as hereinafter defined), including a crossing (as
hereinafter defined) across the Chesapeake Bay generally parallel to
the existing Chesapeake Bay Bridge between Sandy Point and Kent
Island, and other crossings across such Bay, and to issue revenue
bonds of the State, payable solely from revenues, to pay the cost of
such projects.

122.    Definitions.

(e) The word "project" shall mean any bridge, tunnel, crossing
or motorway or any improvements of any thereof constructed by the
Commission under the provisions of this subheading. The word "im-
provements" shall mean any extension, enlargement or improvement
of any authorized project.

123.    General Grant of Powers.

The Commission is hereby authorized and empowered:

(a) Construction, maintenance, repair and operation.—To con-
struct, maintain, repair and operate bridges over and tunnels under
rivers and navigable waters which are wholly or partly within the
State, and motorways at such locations within the State as may be
determined by the Commission and improvements thereto;

126. Issuance of Bonds.

(a) Bond issues authorized; terms and conditions of bonds; forms,
signature; negotiability; sale.—The Commission is hereby authorized
to provide by resolution, at one time or from time to time, for the
issuance of revenue bonds of the State for the purpose of paying
all or any part of the costs of any one or more projects or any part
or parts thereof, and the cost of improvements. The principal of and
interest on such bonds shall be payable solely from the funds herein
provided for such payment. The bonds of each issue shall be dated,
shall bear interests at such rate or rates not exceeding five per
centum per annum, shall mature at such time or times not exceeding
forty years from their date or dates, as may be determined by the
Commission, and may be made redeemable before maturity, at the
option of the Commission, at such price or prices and under such
terms and conditions as may be fixed by the Commission prior to the
issuance of the bonds. The Commission shall determine the form of
the bonds, including any interest coupons to be attached thereto, and
shall fix the denomination or denominations of the bonds and the
place or places of payment of principal and interest, which may be
at any bank or trust company, within or without the State. The
bonds shall bear the manual or facsimile signature of the Chairman
or one of the other members of the Commission and the official seal
of the Commission or a facsimile thereof shall be affixed to said bonds,
attested by the manual or facsimile signature of the secretary or an
assistant secretary of the Commission, provided that at least one of
said signatures with respect to each of said bonds shall be a manual
signature, and any coupons attached thereto shall bear the facsimile
signature of the Chairman of the Commission. In case any officer
whose signature or a facsimile of whose signature shall appear on any
bonds or coupons shall cease to be such officer before the delivery of
such bonds, such signatures or such facsimile shall nevertheless be
valid and sufficient for all purposes the same as if he had remained