be elected by joint ballot of both Houses of the General Assembly for
a term of four years. The Treasurer is responsible for depositing
each day the money of the State in an authorized depository. The
Treasurer or his deputy must sign all checks countersigned by the
Comptroller or an authorized deputy. The Treasurer invests unex-
pended or surplus funds of the State which are available for invest-
ment purposes and is the custodian of the State's insurance, all
stocks, bonds, or other investments of the State, and securities
pledged by all insurance companies, foreign building and homestead
associations, and all banks holding deposits of State Funds, as re-
quired by the laws of the State. He publishes in a Baltimore news-
paper a monthly balance of all State funds held in authorized de-
positories and renders a quarterly report to the Comptroller. The
Treasurer is also the custodian of such special funds as may be
prescribed by law (Const. 1867, Art. VI, sees. 1, 2, 3, 4).

Appropriations 1959 1960

General Funds $631,434 $418,718
Staff; 16.

STATE AUDITOR

Leo J. Parr, State Auditor, 1963
Pierce J. Lambdin, Deputy State Auditor
A. Lehart Cole, Administrative Assistant

301 W. Preston Street, Baltimore I Telephone: Vernon 7-9000

The office of the State Auditor was created in 1902 and reorganized
in 1929. The State Auditor is appointed by the Governor for a term
of four years, and both he and the Deputy State Auditor are re-
quired to be certified public accountants or registered public account-
ants of Maryland.

The State Auditor's office audits annually the books of all Clerks
of Court, Registers of Wills, and Collectors of State Taxes of the
State of Maryland, including the City of Baltimore; of the Governor's
office; of the Comptroller of the Treasury; of the Attorney General;
of the Clerk of the Court of Appeals; and of such other agencies- or
institutions as the Comptroller may direct. On or before December I
of each year, and at such other times as may seem desirable, the
State Auditor submits to the Comptroller full and detailed written
reports of the results of these examinations, with any suggestions
he may have for changes in the method of keeping the books and ac-
counts, or for changes in the forms of reports by the various agencies
to the Comptroller. The State Auditor, when requested, also audits
the books of Maryland counties, incorporated cities or towns, and
taxing districts having a population of 2,600 or more; he prescribes
the forms to be used and receives reports of certified public account-
ants or approved auditing committees making such examinations
(Code 1957, Art. 19, sees. 29-31, 40, 41).

Appropriations 1959 1960

General Funds . $263,469 $286,736
Staff: 39.

MARYLAND TAX COURT

Chief Judge:
Cornelius P. Mundy, 1963