ART. 10. ] TREASURER.

91

ing not less than thirty days' notice to the holders of such overdue
debt, that on a day named in said notice, interest on said overdue
debt, or class thereof, will cease, and if said bonds or certificates, so
overdue and particularly described in said published notice, be not
presented for payment by said day, the payment of interest on the
same shall cease, and no further payment of interest on the same
shall be made.

Notice to hold-
ers to present.

27. If the overdue bonds or certificates of the State shall not be
procurable in sufficient amounts, the treasurer may invest the sum
or sums required by this Act 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 this Act, shall be can-
celled by the treasurer in the presence of the comptroller, by writing

Id s 5
If overdue
bonds not pro-
curable, invest-
ment may be
made in any
bonds of State.

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 cer-
tificates shall then be held by the treasurer to the credit of the sink-
ing 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.

Bonds
purchased to be
cancelled.

28. 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 under the provisions of the preceding three sec-
tions.

Id s 6
Comptroller to
draw warrant
on treasurer for
payment of
bonds pur-
chased

29, All parts of the funded debts of this State redeemed shall
be cancelled, and all parts purchased shall be also cancelled, except
one hundred thousand dollars of said funded debt so purchased in
each year, which shall be carried to the credit of the sinking fund.

Art 94, s 10
1853, c 360, s 2,
1854, c 216
Debt redeemed
to be cancelled

30. All such parts of the funded debts of this State created for
the benefit of works of internal improvements or on account of the
tobacco debt as may be redeemed or purchased, as herein provided,
shall continue to be a charge against the works of internal improve-
ments, or against the tobacco fund, as the case may be, and shall be
carried to the credit of the sinking fund for that purpose and no
other.

Id s 11.
1853, c 360, s 3
How to be
charged