are terminated, as herein provided, the
Treasurer may designate some other
clerk or assistant to act as such chief
deputy treasurer or deputy treasurer,
subject to the limitations and condi-
tions above prescribed.
"Section 8. preservation of books,
papers and accounts.
He shall .keep and carefully preserve
all the books, papers and accounts be-
longing to the treasury office, including
the debt books and other papers rela-
tive to the revenue of the lord propri-
etaries, and the books, papers and
accounts of the Commissioner of Loans
[Administrator of Loan Laws].
"Section 9. debts due by state to
be set off against debts
owing to state — in general.
The Treasurer, upon demand being
made upon him by any person or cor-
porate body having a claim against the
State due to him or it in his or its own
right shall, if such person or corpora-
tion is indebted to this State upon the
books of the treasury to an amount
less than the sum so due and claimed,
deduct the sum so due the State from
the amount demanded and pay the
difference only; and if the amount due
to the State shall be equal to or exceed
the sum so demanded, the Treasurer
shall withhold the entire amount.
"Section 10. same — claim made by
assignee.
If the demand is made by any as-
signee of a party having a claim
against the State, the same right to
withhold or deduct, as the case may be,
shall exist as if the demand were made
by the assignor.
"Section 11. issuance of dupli-
cates of lost evidences of
debt.
The Treasurer may issue new evi-
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dences of debt or coupons or interest,
showing on their face that they are
duplicates of bonds or coupons alleged
to be lost and corresponding in amount
with the said lost bonds or coupons;
provided the owners of such bonds or
coupons before such renewal shall, by
legal and competent evidence, prove
to the satisfaction of the Treasurer
the loss of said bonds or coupons and
shall give him satisfactory security to
indemnify the State against any other
claim or demand on account of said
bonds or coupons alleged to be lost.
"Section 12. appointment of bank
president as agent — duties.
The Treasurer is authorized to ap-
point the president of an incorporated
bank in the City of Baltimore his
agent, whose duty it shall be, under
such proper arrangements as the Treas-
urer shall make, to pay the interest
upon the public debt, and so much of
the principal of the public debt as,
from time to time, may mature;
the principal and interest on such
portion thereof as consists of the cur-
rency stock to be paid at the bank
of which the said agent is president;
the said agent shall take receipts for
all such payments, and his accounts
shall at all times be subject to inspec-
tion by the Treasurer, and copies there-
of shall be furnished whenever required
by the Treasurer, Comptroller, or
either house of the General Assembly.
"Section 13. same — compensation
and expenses.
In any arrangement the Treasurer
may make with the said president for
the purpose aforesaid, it shall be stip-
ulated that for any or all the duties to
be performed the said agent shall re-
ceive no compensation whatever nor
shall he be reimbursed for any expenses
whatever that may be incurred in the
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