performance of said duties, except the
actual cost of the necessary books, sta-
tionery and printing.
"Section 14. same — bond.
It shall be the duty of the Treasurer
to require any agent to be appointed
by him to give bond to the State of
Maryland with security or securities to
be approved of by the Governor in the
penal sum of two hundred thousand
dollars, with condition that the said
agent shall diligently and faithfully
discharge and execute all and singular
the duties required to be performed by
him under and pursuant to such ar-
rangement and that he will well and
truly disburse, pay out, and account for
all monies that may be placed in his
hands or deposited with him for the
payment of the principal and interest
on the public debt of this State accord-
ing to the terms of such arrangement.
It shall be lawful for the State Treas-
urer to receive as surety, collateral to
the said bond instead of personal cor-
porate security, registered public stock
of the United States, of the State of
Maryland, of Baltimore City, or bonds
of any county or municipal corpora-
tion of this State, which shall be ap-
proved by the State Treasurer to the
amount, in value, of $200,000.00,
which stock must be registered in the
name of the said Treasurer, officially,
as held in trust under and pursuant to
this section, and same shall be held in
trust by said Treasurer to secure the
performance of the conditions of the
said bond.
"Section 15. same — same — oath of
security.
Each security on said bond shall
make oath that he is bona fide worth,
over and above his debts, not less than
some specific sum to be stated in said
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oath, which said oath shall be endorsed
on said bond and recorded therewith;
and the Governor shall not approve
any bond of the said agent unless the
sum or sums so sworn to shall in the
aggregate at least equal the amount of
the penalty thereof and he shall be
satisfied of the availability of each
security.
"Section 16. same — same —
recording.
The bond of the said agent when
duly executed and approved as here-
inbefore provided shall be recorded in
the office of the Clerk of the Court of
Appeals; and certified copies thereof
under the seal of the said court may
be used in evidence in any court of
law or equity in this State.
"Section 17. counting, examining
and recording redeemed
bonds; burning.
The Treasurer of the State shall
count, examine, and record all State
of Maryland bonds and coupons that
have been or may hereafter be re-
deemed and paid by the State fiscal
agent and returned by him to the
treasury. Biennually [biennially] the
Comptroller and the Treasurer, or their
deputies, shall after verification by the
State Auditor, and in the presence of
the State Auditor or his assistants,
cremate or burn all of said bonds and
coupons which have been returned up
to the close of the last preceding fiscal
year. Appropriate cremation certifi-
cates, attested to by the State Treas-
urer, the State Comptroller, and the
State Auditor, showing the amount of
bonds and coupons so destroyed, shall
be entered on the records of the State
Treasurer, and copies shall be filed
with the presiding officers of the two
houses of the General Assembly.
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