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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 2166   View pdf image (33K)
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2166 TREASURER. [ART. 95

1904, art. 95, sec. 16. 1888. art. 95. sec. 16. 1860. art. 94, sec. 18. 1856, ch. 149.
16. The treasurer may issue new evidences of debt or coupons of
interest, showing on their face that they are duplicates of bonds or cou-
pons alleged to be lost and corresponding in amount with the said
lost bonds or coupons; provided the owners of such bonds or coupons
before such renewal shall, by legal and competent evidence, prove to
the satisfaction of the treasurer the loss of said bonds or coupons and
shall give him satisfactory security to indemnify the State against any
other claim or demand on account of said bonds or coupons alleged to
be lost.

Ibid. sec. 17. 1888. art. 95. sec. 17. 1860, art. 94, sec. 19. 1834, ch. 279.
sec. 1. 1852, ch. 123, sec. 1.

17. The treasurer is authorized to appoint the president of an
incorporated bank in the city of Baltimore his agent, whose duty it
shall be, under such proper arrangements as the treasurer shall make,
to pay the interest upon the public debt; the interest on such portion
thereof as consists of the currency stock to be paid at the bank of which
the said agent is president; the said agent shall take receipts for all
such payments, and his accounts shall at all times be subject to inspec-
tion by the treasurer, and copies thereof shall be furnished whenever
required by the treasurer, comptroller, or either house of the general
assembly.

Ibid. sec. 18. 1888. art. 95. sec. 18. 1860. art. 94, sec. 20. 1834, ch. 279,
sec. 1. 1852, ch. 123, sec. 2.

18. In any arrangement the treasurer may make with the said
president for the purpose aforesaid, it shall be stipulated that for any
or all the duties to be performed the said agent shall receive no com-
pensation whatever nor shall he be reimbursed for any expenses what-
ever that may be incurred in the performance of said duties, except the
actual cost of the necessary books, stationery and printing.

Ibid. sec. 19. 1888. art. 95. sec. 19. 1860, art. 94, sec. 21. 1834, ch. 279.
sec. 3. 1852, ch. 123, sec. 3.

19. It shall be the duty of the treasurer to require any agent to
be appointed by him to give bond to the State of Maryland with security
or securities to be approved of by the governor in the penal sum of
two hundred thousand dollars, with condition that the said agent shall
diligently and faithfully discharge and execute all and singular the
duties required to be performed by him under and pursuant to such
arrangement and that he will well and truly disburse, pay out, and
account for all monies that may be placed in his hands or deposited
with him for the payment of the interest on the public debt of this
State according to the terms of such arrangement.

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 2166   View pdf image (33K)
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