PHILLIPS LEE GOLDSBOROUGH, ESQ., GOVERNOR. 627
(the cost of same to be paid by the Mayor and City Council of
Cumberland), to be approved by the Mayor and City Council,
said bond to be conditioned for the faithful discharge of his
duties. It shall be his duty to receive and keep, as herein pro-
vided, all money belonging to the said city, and to pay out the
same only on warrants drawn by the anditor and signed by the
Mayor and countersigned by the Commissioner of Finance and
Revenue, under the seal of said Mayor and City Council, and
not otherwise. All moneys belonging to said city, and received
by the Collector, either from taxes, water rents, licenses or col-
lections, or from any other source whatsoever, shall be by him
deposited with the said Treasurer daily, and all other officers
shall pay once in each month not later than the last day thereof,
for all moneys received; the Treasurer shall give duplicate
receipts .in all cases, one to the party paying the said money into
the treasury, and one for the anditor; all persons charged with
the collection of any money under this act or ordinance passed
in pursuance thereof, shall promptly pay the same over to the
Treasurer, under such penalty as may be prescribed by ordi-
nance, and shall forthwith hand the Treasurer's receipt to the
anditor, who shall countersign the original receipt. Said Treas-
urer shall render a full and complete statement of his receipts
and payments to the Mayor and City Council at the first meet-
ing in each month, and whensoever at other times he may be
required by any members of said City Council to do so. The
Mayor and City Council shall have the right to require of the
Treasurer a new bond whenever in their opinion the existing
bond is insufficient; and whenever such new bond is required,
he shall perform no official act until said bond shall be given
and approved in the manner aforesaid.
The said Treasurer shall make daily deposits of such sums 6?
money as shall be received by him from all sources of revenue
whatsoever, to his credit as Treasurer of said city, in one or
more banks situated in said city, to be selected by said Mayor
and City Council. The Mayor and City Council, in selection
of such depository bank or banks, shall take into consideration
the reputation and solvency thereof. And said Treasurer shall
do and perform such other acts as said Mayor and City Council
may require of him.
SEC. 2. And be it further enacted, That this act shall take
effect the first day of April, 1912.
Approved April 8, 1912.
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