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The Maryland Code Public General Laws, 1904
Volume 393, Page 2074   View pdf image (33K)
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2074 TREASURER. [ART.

ings showing the amount of the value of such coupons to the
legislature at each session thereof.

1888, art 95, sec. 23. 1860, art. 94, sec. 25. 1862, ch. 112. 1890, ch. 571.

23. The comptroller and treasurer shall within the first
two weeks of January, April, July and October in every year,
in the presence of the governor, count and cancel the bonds
and certificates for stocks of the State and count and examine
the other securities purchased or obtained by the treasurer for
the use of the sinking fund; and a statement of the bonds and
certificates so counted and those so counted and cancelled
signed by the comptroller and treasurer and countersigned by
the governor shall be filed in the office of the comptroller
within one week after each such count and cancellation; and
the committee on finance of the senate and the committee on
ways and means of the house of delegates shall jointly during
each session of the legislature and within the first month of
such session examine and count all such bonds and certificates
of stock so purchased or obtained up to the close of the1 fiscal
year next preceding such session and cancelled or stamped
"purchased for the sinking fund," as required by the pro-
visions of this article, and shall burn all such bonds and
certificates of stock as belong to the overdue debt of the State
and shall examine carefully all bonds or certificates of stock
maturing at some future day for the purpose of ascertaining
that the same have been endorsed or marked, cancelled or
stamped "purchased for the sinking fund," as required by
section 26, and that the accruing coupons and interest thereon
have been collected and credited to said sinking fund and shall
make a joint report of their proceedings therein to both houses
of the legislature within two weeks after they shall have
finished their said duties as prescribed by this section

Ibid. sec. 24. 1860, art. 94, sec. 26. 1858, ch. 109, sec. 3.

24. The agents employed to pay the interest upon the
public debt are hereby required semi-annually to transmit to
the treasurer of the State all coupons they may have paid up
to the time of making such transmission.

Ibid sec. 25. 1872, ch. 276, sec. 4.

25. Whenever in the judgment of the comptroller there
shall be a surplus in the treasury over and above the amount
necessary to meet the current expenses of the State, as pro-
vided by law, he shall cause the same to be invested in the


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 2074   View pdf image (33K)
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