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Supplement to the Maryland Code, Containing the Acts of the General Assembly Passed at the Session of 1865
Volume 383, Page 49   View pdf image (33K)
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ART. 63. ] MILITIA. 49

imposed by this act; and provided, no appointments shall be
made by the Governor for any county or the city of Baltimore,
in case the said county or the city of Baltimore has filled its
quota prior to the said call, or any similar call hereafter made.

8. The said board created by this act, shall make reports once
in every three weeks to the Comptroller of the Treasury, of the
amounts disbursed by them respectively under this act, and the
persons to whom such disbursements shall have been made;
and shall continue to make such reports until the quotas of each
county and the city of Baltimore shall have been filled; and they
shall make their first reports within three weeks after the first
payment shall have been made by them under this act; and in
addition to the compensation heretofore provided for, the said
boards shall be allowed for stationery and incidental expenses,
including rent of a room, a sum not exceeding fifty dollars for
each board in the respective counties, and one hundred and fifty
dollars for the board of the city of Baltimore.

9. For the purpose of meeting the expenses to be incurred
under this act, a fund is hereby created to be called the Defence
Loan, and the Treasurer of the State is hereby authorized under
the direction of the Governor, to issue bonds or certificates of
debt, countersigned by the Comptroller, bearing interest at six
per centum per annum, payable semi-annually on the first day
of January and July, in each year, and redeemable in not less
than ten nor more than fifteen years, at the pleasure of the State,
in the name and on behalf of the State of Maryland, to an amount
not exceeding four millions of dollars, or so much thereof as
may be necessary, and the proceeds of such bonds or certificates
so issued, shall be passed to the credit of said Defence Loan, and
the same is hereby appropriated for the purpose of paying all
liabilities to be incurred under the provisions of this act, and
the Treasurer of the State is hereby authorized, tinder the
direction of the Governor, to invest in the bonds to be issued as
aforesaid, one million of dollars of the interest of the sinking
fund, or any other fund in the Treasury not otherwise appro-
priated, and that all payments made by or on account of the
purchasers of the bonds or certificates of debt issued tinder the
4 SUP. III.

 

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Supplement to the Maryland Code, Containing the Acts of the General Assembly Passed at the Session of 1865
Volume 383, Page 49   View pdf image (33K)
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  << PREVIOUS  NEXT >>


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