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The Maryland Code Public General Laws, 1904
Volume 393, Page 2072   View pdf image (33K)
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2072 TREASURER. [ART. 95.

deduct the sum so due the State from the amount demanded
and pay the difference only; and if the amount due to the State
shall be equal to or exceed the sum so demanded, the treasurer
shall withhold the entire amount.

1888, art. 95, sec 15. 1860, art. 94, sec. 17. 1845, ch. 145, sec 2.

15. If the demand is made by any assignee of a party having
a claim against the State, the same right to withhold or deduct,
as the case may be, shall exist as if the demand were made by
the assignor.

Ibid. sec. 16. 1860, art. 94, sec. 18. 1856, ch. 149.

16. The treasurer may issue new evidences of debt or
coupons of interest, showing on their face that they are
duplicates of bonds or coupons alleged to be lost and cor-
responding in amount with the said lost bonds or coupons;
provided the owners of such bonds or coupons before such
renewal shall, by legal and competent evidence, prove to the
satisfaction of the treasurer the loss of said bonds or coupons
and shall give him satisfactory security to indemnify the State
against any other claim or demand on account of said bonds
or coupons alleged to be lost.

Ibid sec. 17 1860, art. 94, sec. 19. 1834, ch. 279, sec. 1.
1852, ch. 123, sec. 1.

17. The treasurer is authorized to appoint the president of
an incorporated bank in the city of Baltimore his agent, whose
duty it shall be, under such proper arrangements as the treas-
urer shall make, to pay the interest upon the public debt; the
interest on such portion thereof as consists of the currency
stock to be paid at the bank of which the said agent is presi-
dent; 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.

Ibid sec. 18. 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 reim-
bursed for any expenses whatever that may be incurred in the


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 2072   View pdf image (33K)
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