ART. 94.] TREASURER. 307
ARTICLE XCIV.

Treasurer.

8 How interest from sinking fund to be invested 9 How surplus moneys to be invested. 25 Bonds, &e , purchased for sinking fund

to be cancelled statement to be filed m comptroller's office duty of legislative com- mitees.

1864, c. 370 amends and re-enacts sections 8 and 9 as follows:

SEC. 8. The treasurer shall invest the interest ac- cruing on the sinking fund, in the funded debt of this state, or in the bonds and stocks issued, or to be issued by the government of the United States, as soon after receiving the same as he can do so advan- tageously, and carry such investment to the credit of said fund.

1864, c. 370. How interest from sinking fund to be invested.

9. All surplus moneys which may, at any time, be in the treasury, not required in the judgment of the comptroller and treasurer, to pay the ordinary ex- penses, and current interest upon the funded debt of this state, or for the redemption of such part or parts of said funded debt as may be due or become due, or in case no part of said funded debt, not held by the sinking fund, is then due, the said treasurer may, with the approval of the comptroller and gov- ernor, invest said surplus moneys or any part there- of, in the bonds or stocks issued or to be issued by the government of the United States, and all invest- ments of said fund or its increments, heretofore made by the treasurer, in any such bonds or stocks of the United States, are hereby approved and made valid. In force from March 10, 1861.

How surplus moneys to be invested.

1862, c. 112 repeals section 25 and substitutes the following:

25. The comptroller and the treasurer shall, within the first two weeks of January, April, July and Octo- ber, in every year in the presence of the governor,

1862, c. 112. Bonds &c , purchased for sinking fund to be cancelled.