ART. 95J
TREASURER——BOND.
2069
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25. Surplus to be invested in bonds
and stocks of the State; pre-
ference to debts overdue.
26. Money in excess to be held to the
credit of the general sinking
fund.
27. Warrant on treasuier for pay-
ment of bonds so purchased.
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28. Secunties, how to be kept. Who
shall be entitled to have
access thereto.
29. Record of the sinking fund
account.
30. Duplicate certificates for bank
stock owned by State.
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1888,. art. 95, sec. 1. 1860, art. 94, sec. 1. 1652, ch. 12, sec. 1.
1. The treasurer, in. addition to the oath prescribed by the
sixth section of the first article of the constitution, shall take
an oath faithfully, diligently and honestly to discharge the
duties of his office.
Archer et. al. v. State, 74 Md. 410.
Ibid. sec. 2. 1860, art. 94, sec. 2. 1852, ch. 12, secs. 2-4.
2. Before entering upon the discharge of his duties, he
shall give bond to the State, with security or securities
approved by the governor in the penalty of two hundred
thousand dollars with condition that he will truly and faithfully
discharge, execute and perform all and singular the duties
required and which may be required of him by the constitution
and laws.
Archer et al. v. State, 74 Md 410
Ibid. sec. 3. 1860, art. 94, sec. 3 1852, ch. 12, sec. 5.
3. Each security on the bond of the treasurer shall make
oath that he is bona fide worth, over and above his debts, not
less than some specified sum, to be stated in said oath, which
oath shall be endorsed on said bond and recorded therewith.
Ibid. sec. 4. 1860, art. 94, sec. 4 1852, ch. 12, sec. 6.
4. The governor shall not approve any bond of the treasurer
unless the sums so sworn to and endorsed on said bond shall
in the aggregate at least equal the amount of the penalty
thereof, and he shall be satisfied of the availability of each
security.
Ibid. sec. 5 1860, art. 94, sec. 5. 1852, ch. 12, sec. 8.
5. The bond of the treasurer, when duly executed and
approved, shall be recorded in the office of the clerk of the
court of appeals, and certified copies under seal of said court
may be used in evidence in any court of law or equity in this
State.
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