200 ARTICLE 2A

serve for two years and three to serve for three years from May 1, 1937.
Thereafter the term of office of members shall be three years, but mem-
bers appointed to fill vacancies in unexpired terms shall serve for the re-
mainder of such terms. Each member shall serve after expiration of his
term until his successor qualifies.

1937, ch. 463, sec. 12A.

17. The Board shall annually elect a Chairman from among its mem-
bers. Meetings of the Board shall be held at such times and places as the
Chairman may designate by notice to the members. Six members shall con-
stitute a quorum, but action by the Board shall require assent of a ma-
jority of all of its members. The Board shall keep a complete record of
its proceedings and shall, on or before December first in each year, make
an annual report of its activities and expenditures to the Racing Com-
mission, which the Racing Commission shall incorporate in its annual
report. The Racing Commission shall provide for the Board such clerical
assistance as it may require for its activities and for the keeping of its
records.

1937, ch. 463, sec 12B

18. It shall be the function of the Board to encourage and foster agri-
culture in this State through promotion and assistance of bona fide agri-
cultural fairs and exhibits. For this purpose said Board shall have sole and
complete control of the allocation, distribution of and expenditure of all
funds in the special fund created by Section 14 of Article 78B of this
Code and of all funds appropriated in the State Budget for Agricultural
Fairs. The Board may distribute the whole of any part of such funds
among fair associations qualifying therefor under this sub-title, in such
amounts and proportions as it shall deem desirable to effectuate the pur-
poses of this sub-title, to be used for agricultural exhibits, provided, how-
ever, that the Board shall make no such payments to any fair association

(1) which holds a license under Section 14 of Article 78B of the Code;
or

(2) which, during its preceding fiscal year paid any dividends or dis-
tributed any profits among its stockholders or members. The Board
shall also have the power to inspect and audit the books of Fair
Associations receiving funds under this sub-title and to require such
reports from said Associations as is deemed necessary by the Board.

The Board may use and expend all or any part of such funds under its
control not otherwise distributed, to defray the expenses of conducting a
State Agricultural Fair or State-wide Exhibits in any one agricultural
fair or exhibit which the Board shall designate for this purpose. The Board
shall have the power to accept funds from organizations or individuals
and to expend the same in a manner specified by donors, or as other funds
under this sub-title.

Allocations or expenditures made by the Board under authority of this
sub-title shall be paid from said special fund or said budget appropriations
upon delivery by the Board of written order or requisition therefor to the
Comptroller of this State. Any balance of said funds remaining unex-
pended at the end of the fiscal year following the one in which such funds
were collected or for which appropriated, shall be transferred by the Comp-
troller to the general funds of the State of Maryland.