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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 477   View pdf image (33K)
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ART. 19] INVESTMENT OF SINKING FUND. 477

in said published notice bo not presented for payment by said day, the
payment of interest on the same shall cease, and no further payment of
interest on the same shall be made.

1904, art. 19. sec. 33. 1888, art. 19, sec. 33. 1872, ch. 276, sec. 5.

33. If the overdue bonds or certificates of the State shall not be
procurable in sufficient amounts, the treasurer may invest the sum or
sums mentioned in section 31 in any bonds or certificates of the State
which may be offered for sale, at the best rates possible for the State;
and all such bonds or certificates maturing at some future day, as may
be purchased in pursuance of these provisions, shall be cancelled by
the treasurer in the presence of the comptroller, by writing the word
"cancelled" across the face of said bonds or certificates, with the date
of said cancellation in red ink, and signing the name of the said treas-
urer thereto also in red ink; and said bonds or certificates shall then
be held by the treasurer to the credit of the sinking fund, and the inter-
est thereon shall accrue to said fund until such time as the general
assembly may dispose of the said bonds or certificates.

Ibid. sec. 34. 1888, art. 19, sec. 34. 1872, ch. 276, sec. 6.

34. The comptroller is hereby directed to draw his warrant on the
treasurer for the payment of the bonds or certificates so taken up or
purchased.

Ibid. sec. 35. 1888, art. 19. sec. 35. 1878, ch. 91, sec. 1.

35. In making the apportionments required by article 77, title,
"Public Education," it shall be the duty of the comptroller to equalize.
as far as may be possible, the sums to be apportioned, so as to appor-
tion and distribute the same amount, as far as may be practicable, on
the fifteenth day of June, the first day of October, the first day of
January, and the fifteenth day of March, in each year.
See art. 77, sec. 136, et seq.

Ibid. sec. 36. 1888. art. 19, sec. 36. 1878. ch. 91, sec. 2.

36. Until otherwise expressly directed by law the comptroller shall
charge to said fund and pay therefrom the annual appropriations that
have been or may hereafter continue to be made for the education of
colored children, and also with like appropriations for the support of
the state normal school, for the colored normal school, and the expenses
of the state board of education.

See art. 77, sec. 131, et seq.; also, art. 77, sec. 10.

Ibid. sec. 37. 18S8, art. 19, sec. 37. 1884, ch. 116, sec. 1. 1888, ch. 537. 1892, ch.

83. 1894, ch. 300. 1890, ch. 77. 1898. ch. 205. 1900, ch. 556. 1902, ch.

537. 1904. ch. 404. 1906. ch. 351. 1910, ch. 445 (p. 63).

37. The comptroller is authorized and empowered to adjust and
settle the claims of the State against all collectors, sheriffs, clerks of
courts, registers of wills and other collectors or receivers of public
moneys and their sureties, and against corporations and individuals

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 477   View pdf image (33K)
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