3008 ARTICLE 95.

An. Code, sec. 7. 1904, sec. 7. 1888, sec. 7. 1828, ch. 74, secs. 3, 4. 1834, ch. 229, sec. 2.
1860, ch. 199. 1872, ch. 104. 1892, ch. 268.

7. The treasurer of Maryland shall appoint three clerks to assist in the
discharge of his duties, one of whom shall receive an annual salary of
eighteen hundred dollars and the other two of whom shall receive an annual
salary of twelve hundred dollars.

An. Code, sec. 8. 1904, sec. 8. 1888, sec. 8. 1853, ch. 360, sec. 2. 1854, ch. 216.

8. All parts of the funded debts of this State redeemed shall be can-
celled and all parts purchased shall be also cancelled, except one hundred
thousand dollars of said funded debt so purchased in each year which
shall be carried to the credit of the sinking fund.

An. Code, sec. 9. 1904, sec. 9. 1888, sec. 9. 1853, ch. 360, sec. 3.

9. All such parts of the funded debts of this State created for the bene-
fit of works of internal improvements or on account of the tobacco debt
as may be redeemed or purchased, as herein provided, shall continue to
be a charge against the works of internal improvements, or against the
tobacco fund, as the case may be, and shall be carried to the credit of the
sinking fund for that purpose and no other.

An. Code, sec. 10. 1904, sec. 10. 1888, sec. 10. 1837, ch. 357, sec. 1.

10. The treasurer shall provide in such manner as he shall deem most
expedient for transmitting to Europe and there disbursing securely and
punctually all such sums of money as from time to time may be necessary
to pay the interest which is to accrue on that part of the debt of this State,
the interest whereof is payable in Europe.

An. Code, sec. 11. 1904, sec. 11. 1888, sec. 11. 1847, ch. 41.

11. Upon the application of the holder of any of the sterling bonds
of this State and upon the surrendering and cancelling of the same and
of their proper coupons, he shall issue to and in the name of said appli-
cant, or any other person named by him, a certificate or certificates of
debt of the State for the principal of the bond or bonds so rendered to
him, converted into current money of the United States, at the rate of
four dollars and eighty-four cents for each pound sterling, or at such
rates as may be established by act of congress, to bear interest of five per
centum per annum from the first day of January or July, as the case may
be, next before its issue, payable quarterly at the treasury, and to be there
redeemable at the pleasure of the State after the time in that behalf limited
in and by said sterling bonds.

An. Code, sec. 12. 1904, sec. 12. 1888, sec. 12. 1781, ch. 20, sec. 4. 1852, Res. No. 13.

12. He shall keep and carefully preserve all the books, papers and ac-
counts belonging to the treasury office, including the debt-books and other
papers relative to the revenue of the lord proprietaries, and the books,
papers and accounts of the commissioner of loans.