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The Maryland Code, Public General Laws, 1888
Volume 389, Page 1430   View pdf image
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1430 TREASURER—BOND OF AGENTS. [ART. 95.

at the bank of which the said agent is president; the said agent
shall take receipts for all such payments, and his accounts shall
at all times be subject to inspection by the treasurer, and copies,
thereof shall be furnished whenever required by the treasurer,
comptroller, or either house of the general assembly.

P. G. L., (1860,) art. 94, sec. 20. 1834, ch. 279, sec. 1. 1852, ch. 123, sec. 2.

18. In any arrangement the treasurer may make with the said
president, for the purpose aforesaid, it shall be stipulated that for
any or all the duties to be performed, the said agent shall receive
no compensation whatever, nor shall he be reimbursed for any
expenses whatever that may be incurred in the performance of
said duties, except the actual cost of the necessary books, stationery
and printing.

Ibid. sec. 21. 1834, ch. 279, sec. 3. 1852, ch. 123, sec. 3.

19. It shall be the duty of the treasurer to require any agent,
to be appointed by him to give bond to the State of Maryland,
with security or securities to be approved of by the governor, in
the penal sum of two hundred thousand dollars, with- condition
that the said agent shall diligently and faithfully discharge and
execute all and singular the duties required to be performed by
him under and pursuant to such arrangement, and that he will
well and truly disburse, pay out, and account for all monies that
may be placed in his hands or deposited with him for the pay-
ment of the interest on the public debt of this State, according
to the terms of such arrangement.

Ibid. sec. 22. 1852, ch 123, sec. 4.

20. 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
endorsed on said bond and recorded therewith; and the governor
shall not approve 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 he shall be satisfied of the availability
of each security.

 

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The Maryland Code, Public General Laws, 1888
Volume 389, Page 1430   View pdf image
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