ART. 95] INVESTMENTS FOR THE SINKING BUND. 599

or accruing upon the public debt of the State and the expenses of
the State government as defined by law shall be held by the treas-
urer of the State to the credit of the general sinking fund of the
State and shall be invested by the treasurer in the overdue bonds
and stocks of the State, and when such overdue bonds and stocks
of the State are not procurable, then in the obligations of the State
not yet matured at the best possible rates for the State, or in the
securities issued by the United States or in such other productive
stocks or bonds as the treasurer, the governor and comptroller
concurring, may consider safe and reliable at the best possible
rates for the State, and the sum of one hundred thousand dollars, '
which is directed by section eight of this article to be set apart
in each year for the augmentation of the sinking fund, may be
invested in the same manner and under the same conditions by
the treasury; every bond, certificate of stock or other security,
purchased for the sinking fund under the provisions of this
article, and every coupon attached thereto shall at once be dis-
tinguished and identified by the treasurer in the presence of the
comptroller, by stamping in red ink across the face thereof the
words "purchased for the sinking fund, " and also except in case
of coupons by writing thereon in red ink the date of its purchase
and the signature of the treasurer; all securities purchased for the
sinking fund shall be held by the treasurer to the credit of said
fund in manner as prescribed by section twenty-eight of this
article, and the interest and coupons on all such securities,
maturing at a future day shall accrue to and be regularly and
promptly collected for and credited to the sinking fund, until
such time as such securities shall mature and be redeemed respec-
tively, or until the General Assembly shall dispose of the same,
or in case of overdue securities of this State, until the same shall
be burned by the finance committee and the ways and means
committee as prescribed by section twenty-three of this article.

1890, ch. 571.

28. All bonds, certificates of stock and other securities pur-
chased or obtained by the treasurer for the use of the sinking
fund, and all bonds, certificates of stock and other securities
belonging to the State shall be deposited and kept in some safe
deposit company in the city of Baltimore, to be selected by the