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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 3013   View pdf image (33K)
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TEEASURER. 3013

and assigned to or deposited with the treasurer, in trust or otherwise, by
any corporation of this or any other State, or by any individual, pursuant
to any law or laws of this State, and all bonds, certificates of stock and
other securities belonging to the State shall be deposited and kept in
some safe deposit company in the City of Baltimore to be selected by the
Treasurer with the approval of the Board of Public Works; the Treasurer
alone shall not be entitled to have access to the box, boxes, vault or vaults,
where such securities shall be kept, but on all occasions when access to
the same is to be had by him he shall be accompanied by the Comptroller
or by some other members of the Board of Public Works designated by
the Governor for that purpose; in case the Comptroller be unable to at-
tend in any particular case, the box or boxes, vault or vatilts, where such
securities shall be kept shall be so constructed that two entirely different
keys shall be required to gain access to said securities, one of which keys
for each such box or vault shall be in the custody of the Treasurer and the
other in that of the Comptroller.

An Code, sec. 29. 1904, sec. 29. 1890, ch. 571, sec. 29.

29. The treasurer of the State and the comptroller of the treasury shall
each forthwith procure a properly bound book to be used for the sinking
fund account, in each of which shall be properly and regularly entered a
registry of all bonds, certificates of stock and other securities belonging to
the sinking funds; said books shall be ruled in columns appropriately
headed, in which said several columns shall be entered the number, kind,
class, character, value, denomination or other proper description of all
bonds, certificates of stock or other securities now held and belonging to
the sinking fund of the State, and in all cases of future purchases or
acquisitions for said funds, the kind or class of security so purchased or
acquired, the proper number borne by each such bond, certificate of stock
or other security so purchased or acquired, the number of shares of stock
represented by each such certificate, the par value of each bond, share of
stock or other security, the price paid for the same, the name of the person,
firm or corporation from whom or through whom the same was or were
purchased or acquired, the date of each such purchase or acquisition and
the date of depositing each such security in the box or boxes, vault or
vaults of the safe deposit company, or any other place rented by the State
for that purpose, and finally a column headed remarks, in which shall be
entered the final disposition made of each such security so purchased or
acquired, whether burned, redeemed or otherwise disposed of, and the date,
authority and cause of such disposition; one of said books shall be kept at
the comptroller's office and the other at the office of the treasurer, and
shall each be duly and promptly posted in the manner as aforesaid under
the direction of the said respective officers, and they shall at all proper
times be accessible to the governor and the finance committee of the senate
and the ways and means committee of the house of delegates.

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 3013   View pdf image (33K)
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