148 LAWS OF MARYLAND. [Ch. 83]

ment Fund of Baltimore County without additional compensa-
tion therefor, and it shall be his duty to keep a true and correct
statement of the account of each member with the Teachers'
Retirement Fund, and to render to the board of trustees of the
Teachers' Retirement Fund of Baltimore County a monthly
account of his doings (August and September excepted). The
treasurer of said board of trustees of the Teachers' Retirement
Fund of Baltimore County shall receive, hold and keep account
of all moneys belonging to the Teachers' Retirement Fund; he
shall have the custody of all notes, bonds and other securities
belonging to said Teachers' Retirement Fund, and shall collect
the principal and interest of the same, but before assuming to
act as such treasurer he shall furnish bond in such penalty and
with such surety or sureties as the board of trustees of the
Teachers' Retirement Fund of Baltimore County may require,
conditioned for the faithful performance of the duties imposed
upon him by this act, or that may be assigned to him by the
board of trustees of the Teachers' Retirement Fund of Balti-
more County, and for the faithful accounting of all moneys and
securities, including both principal and interest, which may
come into his hands and which belongs to the Teachers' Retire-
ment Fund. Said treasurer, upon the expiration of his term
of office, shall account to said board of trustees of the Teachers'
Retirement Fund of Baltimore County for all moneys, notes,
bonds and other securities coming into his hands, and for the
interest, income, rentals, profits and proceeds of and from the
same, and he shall turn over to his successor all moneys, notes,
bonds and other securities belonging to said fund. The secre-
tary, assistant secretary and treasurer shall make a full, true
and accurate account of their offices whenever required so to do
by the board of trustees of the Teachers' Retirement Fund of
Baltimore County.

376E. Every teacher who is such at the time of the passage
of this act, shall, as soon, as practicable thereafter, notify the
said board of trustees of the Teachers' Retirement Fund of
Baltimore County in writing, whether he or she desires to
accept the advantages of this act or any amendments thereto;
and every such acceptance, when given, shall be irrevocable,
and no such teacher who does not so accept shall be eligible for
election to said board of trustees of the Teachers' Retirement
Fund of Baltimore County, nor shall he or she have the right to
vote for members thereof; and every such teacher who shall
fail so to accept before October 1, 1912, shall not be entitled to
any benefits or advantages under this act, until he or she shall
have first paid into the Teachers' Retirement Fund an amount