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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 3010   View pdf image (33K)
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3010 ARTICLE 95.

An. Code, sec 18. 1904, sec. 18. 1888, sec. 18. 1834, ch. 279, sec. 1. 1852, ch. 123, sec. 2.

18. In any arrangement the treasurer may make with the said presi-
dent for the purpose aforesaid, it shall be stipulated that for any or all the
duties to be performed the said agent shall receive no compensation what-
ever nor shall he be reimbursed for any expenses whatever that may be
incurred in the performance of said duties, except the actual cost of the
necessary books, stationery and printing.

An. Code, sec. 19. 1904, sec. 19. 1888, sec. 19. 1834, ch. 279, sec. 3. 1852, ch. 123, sec. 3.

1916, ch. 583.

19. It shall be the duty of the treasurer to require any agent to be
appointed by him to give bond to the State of Maryland with security or
securities to be approved of by the governor in the penal sum of two hun-
dred thousand dollars, with condition that the said agent shall diligently
and faithfully discharge and execute all and singular the duties required
to be performed by him under and pursuant to such arrangement and that
he will well and truly disburse, pay out, and account for all monies that
may be placed in his hands or deposited with him for the payment of the
interest on the public debt of this State according to the terms of such
arrangement. It shall be lawful for the State Treasurer to receive as
surety, collateral to the said bond instead of personal corporate security,
registered public stock of the United States, of State of Maryland, of
Baltimore City, or bonds of any County or municipal corporation of this
state, which shall be approved by the State Treasurer to the amount, in
value, of $200,000.00, which stock must be registered in the name of the
said Treasurer, officially, as held in trust under and pursuant to this sec-
tion, and same shall be held in trust by said Treasurer to secure the per-
formance of the conditions of the said bond.

An. Code, sec. 20. 1904, sec. 20. 1888, sec. 20. 1852, ch. 123, sec. 4.

20. Each security on said bond shall make oath that he is bona fide
worth, over and above his debts, not less than some specific sum to be
stated in said oath, which said oath shall be endorsed on said bond and
recorded therewith; and the governor shall not approve any bond of the
said agent unless the sum or sums so sworn to shall in the aggregate at
least equal the amount of the penalty thereof and he shall be satisfied of
the availability of each security.

An. Code, sec. 21. 1904, sec. 21. 1888, sec. 21. 1852, ch. 123, sec. 5.

21. The bond of the said agent when duly executed and approved as
hereinbefore provided shall be recorded in the office of the clerk of the
court of appeals; and certified copies thereof under the seal of the said
court may be used in evidence in any court of law or equity in this State.

An. Code, sec. 22. 1904, sec. 22. 1888, sec. 22. 1858, ch. 109, sec. 1. 1872, ch. 103.

1872, ch. 435.

22. The treasurer of the State shall record all State coupons that have
been or may hereafter be paid and returned to the treasury by the agents

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 3010   View pdf image (33K)
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