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The Maryland Code Public General Laws, 1904
Volume 393, Page 2076   View pdf image (33K)
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2076 TREASURER. [ART. 95

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
respectively, 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 23 of this article.

1888, art. 93, sec. 27. 1872, ch. 276, sec. 6.

27. The comptroller is hereby directed to draw his warrant
on the treasurer for the payment of the bonds or certificates so
taken up or purchased under the provisions of this article.

1890, ch. 571, sec. 28.

28. All bonds, certificates of stock and other securities
purchased 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 treasurer with the approval of the board of
public works; the treasurer alone shall not be entitled to have
access to the box, boxes, vault or vaults, where such securities
shall be kept, but on all occasions when access to the same is to
be had by him he shall be accompanied by the comptroller or
by some other member of the board of public works designated
by the governor for that purpose; in case the comptroller be
unable to attend in any particular case, the box or boxes, vault
or vaults, where such securities shall be kept shall be so con-
structed that two entirely different keys shall be required to
gain access to said securities, one of which keys for each such
box or vault shall be in the custody of the treasurer and the
other in that of the comptroller.

1890, ch. 571, sec. 29.

29. The treasurer of the State and the comptroller of the
treasury shall each forthwith procure a properly bound book
to be used for the sinking fund account, in each of which shall
be properly and regularly entered a registry of all bonds, cer-
tificates of stock and other securities belonging to the sinking
funds; said books shall be ruled in columns appropriately
headed, in which said several columns shall be entered the
number, kind, class, character, value, denomination or other
proper description of all bonds, certificates of stock or other


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 2076   View pdf image (33K)
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