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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 2170   View pdf image (33K)
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2170 TREASURER. [ART. 95

sinking fund account, in each of which shall be properly and regularly
entered a registry of all bonds, certificates of stock and other securities
belonging to the sinking funds; said books shall be ruled in columns
appropriately headed, in which said several columns shall be entered
the number, kind, class, character, value, denomination or other proper
description of all bonds, certificates of stock or other securities now
held and belonging to the sinking fund of the State, and in all cases of
future purchases or acquisitions for said funds, the kind or class of
security so purchased or acquired, the proper number borne by each
such bond, certificate of stock or other security so purchased or acquired,
the number of shares of stock represented by each such certificate, the
par value of each bond, share of stock or other security, the price paid
for the same, the name of the person, firm or corporation from whom
or through whom the same was or were purchased or acquired, the date
of each such purchase or acquisition and the date of depositing each
such security in the box or boxes, vault or vaults of the safe deposit
company, or any other place rented by the State for that purpose, and
finally a column headed remarks, in which shall be entered the final
disposition made of each such security so purchased or acquired,
whether burned, redeemed or otherwise disposed of, and the date,
authority and cause of such disposition; one of said books shall be kept
at the comptroller's office and the other at the office of the treasurer,
and shall each be duly and promptly posted in the manner as aforesaid
under the direction of the said respective officers, and they shall at all
proper times be accessible to the governor and the finance committee
of the senate and the ways and means committee of the house of dele-
gates.

1904, art. 95, sec. 30. 1892, ch. 228, sec. 30.

30. The treasurer is authorized on the order of the board of public
works to obtain duplicate certificates for any bank stock owned and
held by the State when the original certificates have been lost or mis-
placed; and when any duplicate certificates have heretofore been issued
to said trasurer on his application in pursuance of an order of said
board or may hereafter be issued to him in pursuance of the order of
said board, the State does hereby agree and undertake to indemnify
and save harmless and free from loss the said banks so issuing or hav-
ing issued said duplicate certificates as aforesaid.

1906, ch. 186.

31. Whenever, in the judgment of the board of public works, the
public interests will be subserved thereby, the said board of public
works shall direct the treasurer to sell any of the securities constituting
a part of any of the sinking funds of the State. If the proceeds of such
sale be not required to pay a debt of the State due or about to become
due, then the treasurer shall invest such proceeds of sale in such other

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 2170   View pdf image (33K)
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