3..DIVISION OF DEPOSIT AND DISBURSEMENT
STATE TREASURER'S OFFICE..Annapolis

Name. Postoffice.

State Treasurer:
Hooper S. Miles (Term expires Jan. 1947) Baltimore

Chief Clerk;
Charles M.Speicher.... ..... . ....... ...Annapolis

Assistant Chief Clerk:
Clarence M. Taylor. ............................ .Baltimore

Assistant Clerks:

Howard M. Pawley. ............................. Baltimore
Wilbur G. Jones............................... Severna Park
Grace P. dark .............................. . ..... Linthicum
William 1. Roberts............................... Baltimore

Stenographers:

Virginia Ellinger................................ Baltimore
Alice Slacum. .... . .............. . ..... . .... Annapolis
Nettie M. Revelle. .............................. .Annapolis
Narcissa Zindorf. ........................... ..... .... Annapolis
The State Treasurer is elected on joint ballot at the regular ses-
sion of the Legislature, beginning with the term of the Governor, for
a period of four years, or until his .successor is duly elected and
qualifies.

The Treasurer is the head of the Division of Deposits and Disburse-
ments, depositing daily all monies received in such banks as he may
select, with the approval of the Governor; said banks giving sufficient
bond or approved collateral security satisfactory to the Governor. All
State money is paid out upon the warrant of the Comptroller by check
issued by the Treasurer, and countersigned by the Comptroller. He is
a member of the Board of Public Works; chairman of the Board of
Trustees and Treasurer of both the Teachers' Retirement System of Mary-
land and the Employees' Retirement System of Maryland and also a member
of the other Boards having charge of the different State Institutions.

The Comptroller and Treasurer issue all loans authorized by the
Legislature..the Treasurer signing the bonds or certificates of indebt-
edness, countersigned by the Comptroller. The Treasurer and Comp-
troller are custodians of all bonds, stocks, and other securities belong-
ing to the State, and held for the use of the different sinking funds.
The Treasurer has charge of the State's insurance and is custo-
dian of all policies covering same. The Treasurer publishes the bal-
ances in the different State depositories standing to the credit of the
State, monthly, and renders a quarterly report to the Comptroller.

BANK COMMISSIONER
Union Trust Building, Baltimore..1

(Term Expires 1947)

Name. Postoffice.
Bank Commissioner:
John W. Downing. ............................... Salisbury

Deputy Bank Commissioner:
John D. Hospelhorn. ............................... Baltimore