ALCOHOLIC BEVERAGES. 87

terest thereon, out of the receipts from sales made at the County Liquor
Dispensary, or branch dispensaries.

The Liquor Control Board shall have full power and authority,

(1) To appoint such employees as may be necessary to conduct such
County Liquor Dispensary or branch dispensaries, fix their compensation
and require such bonds for the faithful performance of their duties as the
Board may in each case determine.

(2) To purchase from any licensed wholesaler or manufacturer any
sparkling or fortified wine or any other alcoholic beverage containing more
than fourteen per centum of alcohol by volume, upon which the tax im-
posed by this Act has been paid, and to purchase from any non-resident
producer or dealer any such alcoholic beverages and import the same for
resale, as hereinafter provided; but such importations shall not be resold
until the excise tax has been paid.

(3) To sell such alcoholic beverages in sealed containers, as above
provided, at such prices as may be determined by the Board, which prices
shall be uniform in all stores in the said County and shall in no case be
less than the cost of such alcoholic beverages.

(4) To refuse to sell any such alcoholic beverages to any person or
persons who, in the judgment of the Board, is not a suitable person to
purchase or consume such beverages.

(5) To make any and all contracts, rules and regulations which they
may deem necessary or desirable to carry out the powers conferred upon
them by this Article.

(6) To sell and ship outside Queen Anne's County any containers or
packages of alcoholic beverages kept for sale in the dispensary or branch
dispensaries, provided that such shipment is not prohibited by law ap-
plicable in the place where shipment is consigned.

The Liquor Control Board shall keep accurate records of all purchases
of alcoholic beverages, which records shall be open to inspection by the
Comptroller or any of his Deputies or inspectors during all regular busi-
ness hours, and shall also prepare and forward to the Board of County
Commissioners, a report for the period ending on April 30th, in each
year, which report shall contain a full and complete statement of the
business transacted by the Board and the results of the operation of the
dispensary or branch dispensaries established under the authority of this
Section.

All net profits arising from the operation of said dispensary or branch
dispensaries shall be first applied towards the payment of any and all
sums advanced to or borrowed by the Liquor Control Board. After such
sums have been paid, the said Board shall be authorized to create and
maintain a reserve fund not to exceed $5, 000. 00, to provide adequate
working capital and to meet any losses that may be sustained by the
Board in the operation of such dispensaries. All net profits in excess of