|
.690 ARTICLE 19
An. Code, 1924, sec. 33. 1912, sec. 33. 1904, sec. 33. 1888, sec. 33. 1872, ch. 276, sec. 5.
33. If the overdue bonds or certificates of the State shall not be pro-
curable in sufficient amounts, the treasurer may invest the sum or sums
mentioned in section 31 in any bonds or certificates of the State which may
be offered for sale, at the best rates possible for the State; and all such
bonds or certificates maturing at some future day, as may be purchased
in pursuance of these provisions, shall be cancelled by the treasurer in the
presence of the comptroller, by writing the word "cancelled" across the
face of said bonds or certificates, with the date of said cancellation in red
ink, and signing the name of the said treasurer thereto also in red ink;
and said bonds or.certificates shall then be held by the treasurer to the
credit of the sinking fund, and the interest thereon shall accrue to said fund
until such time as the general assembly may dispose of the said bonds or
certificates.
An. Code, 1924, sec. 34. 1912, sec. 34. 1904, sec. 34. 1888, sec. 34. 1872, ch. 276, sec. 6.
34. The Comptroller is hereby directed to draw his warrant on the
treasurer for the payment of the bonds or certificates so taken up or
purchased.
An. Code, 1924, sec. 37. 1912, sec. 37. 1904, sec. 37. 1888, sec. 37. 1884, ch. 116, sec. 1.
1888, ch. 537. 1892, ch. 83. 1894, ch. 300. 1896, ch. 77. 1898, ch. 205. 1900, ch. 556.
1902, ch. 537. 1904, ch. 494. 1906, ch. 351. 1910, ch. 445 (p. 63).
1912, ch. 574. 1914, ch. 676. 1916, ch. 600. 1918, ch. 245.
1920, ch. 365, sec. 37.
35. The Comptroller is authorized and empowered to adjust and settle
the claims of the State against all collectors, sheriffs, clerks of courts,
registers of wills, and other collectors or receivers of public money and
their sureties, and against corporations and individuals who may be in-
debted and in arrears to the State for two years whether said claims be in
the form of judgment or otherwise, and for the purpose of closing all such
cases the Comptroller is fully authorized to compromise the same by abating
the interest that has accrued, or any portion thereof, or any part of the prin-
cipal debt, in his discretion, so as best to subserve the interest of the State,
and shall grant discharge to said parties and their sureties upon the pay-
ment into the Treasury of the amount required by him to be paid in settle-
ment as aforesaid; the Comptroller shall be satisfied after thorough exam-
ination into the claims that the same could not be collected by the State by
legal process and further, that the Governor and Treasurer for the time
being, shall each approve in writing any such abatement before the same
shall be effective and provided further that no discharge or quittance
under this section shall be effective unless the party or parties to be bene-
fited, shall first pay the attorneys who shall have the case in hand the legal
fees and fees of clerks and sheriffs. .
This section referred to—see notes to art. 15, sec. 1, Md. Constitution. Schneider v.
Yellott, 124 Md. 98.
See note to sec. 17.
An. Code, 1924, sec. 40. 1912, sec. 40. 1904, sec; 40. 1888, sec. 40. 1884, ch. 116, sec. 4.
36. Whenever any claim of the State shall be compromised or settled
by the comptroller, without payment in full, he shall make and keep
among the records of his office a statement of the evidence or facts upon
which such settlement was made.
|
 |