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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 85   View pdf image (33K)
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ART. VI] TREASURY DEPARTMENT. 85

cessors shall qualify; and neither of the.said officers shall be allowed,
or receive any fees, commissions or perquisites of any kind in addition
to his salary for the performance of any duty or services whatsoever.
In case of a vacancy in either of the offices by death, or otherwise, the
Governor, by and with the advice and consent of the Senate, shall fill
such vacancy by appointment, to continue until another election, or a
choice by the Legislature, as the case may be, and until the qualifica-
tion of the successor. The Comptroller and the Treasurer shall keep
their offices at the seaj; of Government, and shall take such oath, and
enter into such bonds for the faithful discharge of their duties as are
now, or may hereafter be prescribed by law.

Sec. 2. The Comptroller shall have the general superintendence of
the fiscal affairs of the State; he shall digest and prepare plans for the
improvement and management of the revenue, and for the support of
the public credit; prepare and report estimates of the revenue and
expenditures of the State; superintend and enforce the prompt collec-
tion of all taxes and revenue; adjust and settle, on terms prescribed by
law, with delinquent collectors and receivers of taxes and State revenue;
preserve all public accounts; decide on the forms of keeping and stating
accounts; grant, under regulations prescribed by Law, all warrants for
money to be paid out of the Treasury, in pursuance of appropriations by
Law, and countersign all checks drawn by the Treasurer upon any bank
or banks, in which the moneys of the State may, from time to time, be
deposited; prescribe the formalities of the transfer of stock, or other
evidence of the State debt, and countersign the same, without which
such evidence shall not be valid; he shall make to the General Assembly
full reports of all his proceedings, and of the state of the treasury
department within ten days after the commencement of each Session;
and perform such other duties as shall be prescribed by Law.

Sec. 3. The Treasurer shall receive the moneys of the State, and,
until otherwise prescribed by law, deposit them, as soon as received, to
the credit of the State, in such bank or banks as he may, from time to
time, with the approval of the Governor, select (the said bank or banks
giving security, satisfactory to the Governor, for the safekeeping and
forthcoming, when required, of said deposits), and shall disburse the
same for the purposes of the State, according to law, upon warrants
drawn by the Comptroller, and on checks countersigned by him, and not
otherwise; he shall take receipts for all moneys paid by him; and
receipts for moneys received by him shall be endorsed upon warrants
signed by the Comptroller, without which warrants, so signed, no
acknowledgment of money received into the Treasury shall be valid;
and upon warrants issued by the Comptroller, he shall make arrange-
ments for the payment of the interest of the public debt, and for the
purchase thereof, on account of the sinking fund. Every bond, certifi-
cate, or other evidence of the debt of the State shall be signed by the
Treasurer, and countersigned by the Comptroller; and no new certificate
or other evidence intended to replace another shall be issued until the

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 85   View pdf image (33K)
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