952 WORKMEN'S COMPENSATION. [ART. 101

fourteen, to certify to the attorney-general of the State the names and
residences, or places of business, of all employers known to the Com-
mission to be in default for such payment or payments for a longer
period than five days and the amount due from each employer, and it
shall then be the duty of the attorney-general forthwith to bring, or
cause to be brought against each employer a civil action in the proper
court for the collection of such amount so due, and the same when
collected, shall be paid into the State Accident Fund, and each em-
ployer's compliance with the provisions of this chapter requiring pay-
ments to be made to the State Accident Fund shall date from the time
of the payment of said money so collected as aforesaid to the said Com-
mission for credit to the State Accident Fund.

1914, ch. 800, sec. 23.

23. Ten per centum of the premiums collected from employers
insured in the State Accident Fund shall be set aside by the Commis-
sion for the creation of a surplus until such surplus shall amount to the
sum of fifty thousand dollars, and thereafter five per centum of such
premiums until such time as in the judgment of said Commission such
surplus shall be sufficiently large to cover the catastrophe hazard. The
Commission shall also set up and maintain a reserve adequate to meet
anticipated losses and carry all claims and policies to maturity.

1914, ch. 800, sec. 24.

24; The Treasurer of the State shall be the custodian of the State
Accident Fund and all disbursements therefrom shall be paid by him
upon order or voucher, approved and signed by the chairman or acting
chairman and secretary of the Commission, and directed to the Comp-
troller of the State, who shall draw his warrant therefor. It shall be
the duty of the Treasurer to keep and maintain the fund herein created
separate and distinct from other State funds. On and after January
1st, 1915, the obligation in the bond of the State Treasurer shall con-
tain a provision securing the protection of this fund.

1914, ch. 800, sec. 25.

25. Whenever and as often as there shall be in the hands of the
Treasurer any sum belonging to the State Accident Fund not likely, in
the opinion of the Commission, to be required for immediate use, it
shall be the duty of the Board of Public Works, when called upon by
the Commission, to invest the same in interest-bearing securities, such
as are accepted by the equity courts of Baltimore City for the invest-
ment of trust funds, and when and as it may become necessary or
expedient to use the moneys so loaned or invested the Board of Public
Works shall, when called upon by the Commission, collect or sell or
otherwise realize upon any such loan or investment, and any interest
accruing upon any such loan or investment, as well as any interest
received upon the deposit of moneys belonging to said fund shall be
credited to said fund.