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Maryland Manual, 1914-15
Volume 125, Page 120   View pdf image (33K)
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120 MARYLAND MANUAL.

The Comptroller is elected by the people for a term of two years from
the third Monday in January next ensuing his election, and appoints all
officers in his office.

The Comptroller shall have the general superintendence of the fiscal
affairs of the State; he shall digest and prepare plans for the improve-
ment and management of the revenue, and for the support of the public
credit; prepare and report estimates of the revenue and expenditures of
the State; superintend and enforce the prompt collection of all taxes
and revenue; adjust and settle, on terms prescribed by law, with delin-
quent collectors and receivers of taxes and State revenue; preserve all
public accounts; decide on the forms of keeping and stating accounts;
grant, under regulations, prescribed by law, all warrants for money to be
paid out of the Treasury, in pursuance of appropriations by law, and
countersign all checks drawn by the Treasurer upon any bank or banks,
in which the moneys of the State may, from time to time, be deposited;
prescribe the formalities of the transfer of stock, or other evidence of
the State debt, and countersign the same, without which such evidence
shall not be valid; he shall make to the General Assembly full reports of
all his proceedings, and of the state of the treasury department, within
ten adys after the commencement of each session; and perform such
other duties as shall be 'prescribed by law.

STATE TREASURER'S OFFICE—Annapolis.
Name. Postoffice.

State Treasurer:
Murray Vandiver. ..... ......... ............ Havre de Grace

Chief Clerk:
John Z. Bayless........ .............................. Glenville

Assistant Clerks:

George Y. Everhart. ................................. .Woodlawn
Samuel S. Bevard. ................................... .Abingdon
John M. Richardson...................................... Belair

Stenographer:
Percy J. Campbell...... ............................. Baltimore

The State Treasurer is elected by the General Assembly for a term
of two years and appoints all officers in his office.

The Treasurer and Comptroller are the financial officers of the State.
They issue all State loans authorized by the Legislature and pay the
interest thereon. The Comptroller and Treasurer are members of the
Board of Public Works, and the Treasurer is the custodian of all bonds
and stocks which trust, fidelity, security and guaranty companies are
required by law to deposit with him under the provisions of Chapter
194, Acts of the General Assembly, 1912; he also has charge of
insurance of State property; he receives all money of the State
and deposits same in banks approved by the Governor) said.
banks giving bond; and the accounts with said banks are bal-
anced daily; he disburses State moneys upon warrant drawn by the
Comptroller. All State bonds and certificates of debt are signed by the
Treasurer, and with the Comptroller he is custodian of all stocks, bonds
and other securities belonging to the State and held for the different
sinking funds. He is also a member of the Board of State Canvassers.
All trust, guaranty, loan and fidelity companies doing a certain business
in Maryland are required to make a semi-annual report to him. The
Treasurer renders quarterly reports to the Comptroller and publishes
monthly reports of the State's balances.

 

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Maryland Manual, 1914-15
Volume 125, Page 120   View pdf image (33K)
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