ART. 10. ] TREASURER.
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89
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16. Each security on said bond shall make oath that he is bona
fide worth, over and above his debts, not less than some specific
sum to be stated in said oath, which said oath shall be indorsed on
said bond, and recorded therewith; and the governor shall not ap-
prove any bond of the said agent, unless the sum or sums so sworn
to shall, in the aggregate, at least equal the amount of the penalty
thereof, and shall be satisfied of the availability of such security.
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Id s 22
1852, c 123, s 4.
Oath of security
on bond
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17. The bond of the said agent, when duly executed and ap-
proved as hereinbefore provided, shall be recorded in the office of
the clerk of the Court of Appeals, and certified copies thereof under
the seal of the said court may be used in evidence in any court of
law in this State.
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Id s 23
1852, c 123, s. 6.
Where to be
recorded
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18. The treasurer of the State shall record all State coupons
that may hereafter be paid and returned to the treasury by the
agents employed to pay the interest on the public debt, and shall,
together with the comptroller, at the close of every month examine
and burn all such coupons that have been recorded, and shall make
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1872, c 435; c.
103
To record and
burn coupons
paid.
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a report of their proceedings, showing the amount of the value of
such coupons, to the legislature at each session thereof
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Report.
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19. The comptroller and the treasurer shall, within the first two
weeks of January, April, July, and October, in every year, in the
presence of the governor, count and cancel the bonds and certifi-
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1862, c 112.
Bonds, etc,
purchased for
sinking fund to
be cancelled
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cates for stocks of the State, purchased or obtained by the treasurer
for the use of the sinking fund, and a statement of the bonds and
certificates so counted and cancelled, signed by the comptroller and
treasurer, and countersigned by the governor, shall be filed in the
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Statements to be
filed in comp-
troller's office.
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office of the comptroller; and the committee on finance of the Senate,
and the committee on ways and means of the House of Delegates
shall, during each session of the legislature, examine, count, and
burn all such bonds and certificates of stock as have been so pur-
chased or obtained up to the close of the fiscal year next preceding
the session, and cancelled as aforesaid, and shall make report of their
proceedings therein to the legislature at the same session in which
they shall perform said duty.
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Duty of legisla-
tive committees.
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20. The agents employed to pay the interest upon the public debt
are hereby required semi-annually to transmit to the treasurer of the
State, all coupons they may have paid up to the time of making such
transmission.
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Art 94, s 26
1858, c. 109, B 3
Agent to return
coupons paid.
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21. The treasurer shall provide, in such manner as he shall deem
most expedient, for transmitting to Europe, and there disbursing
securely and punctually, all such sums of money as from time to
time may be necessary to pay the interest which is to accrue on
that part of the debt of this State the interest whereof is payable in
Europe.
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Id s 12
1837, c 357, s 1
To transmit in-
terest to Europe
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22. He shall, upon the application of the holder of any of the
sterling bonds of this State, and upon the surrendering and cancel-
ling of the same and of their proper coupons, issue to and in the
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Id s 13
1847, c 41
To commute
currency into
sterling bonds.
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