under the jurisdiction of the Bank Commissioner. The Administra-
tor is appointed by the Governor for a term of four years (Code
1951, Art. 41, sec. 164).

This office administers and enforces the "Uniform Small Loan
Law." All persons, corporations, and copartnerships making loans
of three hundred dollars or less at a rate of interest of more than
six percent per year must first secure a license from the Adminis-
trator of Loan Laws. The Administrator directs periodic examina-
tions of the books and accounts of each licensee, who must also sub-
mit to the Administrator an annual report of his business transac-
tions. The Administrator has the power to revoke, refuse, or sus-
pend licenses of any person or corporation. This agency also inves-
tigates complaints of violations by nonlicensecs and may take legal
action to prosecute violators of the Act (Code 1951, Art. 58A, secs.
1-23).

Installment Sales Division

The Installment Sales Division was created in 1941. It admin-
isters the Installment Sales Law and exercises general supervision
over installment sales finance companies. All companies engaged in
installment sales financing must secure a license from this office and
make an annual report to it. The Division also conducts periodic
examinations of the books and accounts of all licensecs, investigates
complaints of violations of the law, and institutes legal action to
prosecute offenders (Code 1951, 1957 supp., Art. 83, secs. 116-52).

Appropriations 1957 1958

General Funds ... ... ..$54,204 $61,030
Staff: 11.

PUBLIC SERVICE COMMISSION

Chairman: Stanford Hoff, 1961

Frank Harper, 1959; Francis V. Dupont, 1963
Stanley Scherr, General Counsel, 1961
Wilfred T. McQuaid, People's Counsel
Albert L. Deen, Executive Secretary
Hugh H. Hunter, Chief Engineer
E. Edward McLean, Chief Auditor

1707 Munsey Building, Baltimore 2 Telephone: Lexington 9-7510

The Public Service Commission, established in 1910, is composed
of three members appointed by the Governor for six-year terms, one
term expiring every two years. The Governor also appoints the
General Counsel for a six-year term and the People's Counsel, who
serves at the pleasure of the Governor (Code 1951, 1957 supp., Art.
78, sec. 4). The Public Service Commission has jurisdiction over
common carriers, including steam and electric railroads, street rail-
ways, sleeping car companies, bus lines, express companies, steam-
boat companies, power boats, ferry companies, carriers by aircraft,
toll bridges, and all carriers, generally, engaged in the public trans-
portation of passengers or freight within the State of Maryland;
and over all taxicabs operating in the City of Baltimore. The Com-
mission also exercises jurisdiction over all gas, electric, telephone,
telegraph, water, heating, and refrigerating companies operating
within the State. The Commission has the power to fix both mini-
mum and maximum rates and to suspend schedules pending the
determination of the reasonableness of the proposed rates. Public