clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
The Maryland Code Public General Laws, 1904
Volume 393, Page 490   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

490 COMPTROLLER. [ART. 19

removed from said county or city for trial or otherwise, and to
fix and determine the amount due to said State's attorneys,
respectively, and to allow the same, and to issue his warrant
upon the treasurer for the payment of such amounts, which
said warrant the treasurer is authorized to pay.

1888, art. 19, sec. 31. 1872, ch. 276, sec 3.

31. On the first day of July in every year, he shall set apart
to the credit of the sinking fund the sum of one hundred
thousand dollars, which, in addition to all sums otherwise
accruing to the augmentation of the sinking fund, is hereby
appropriated for the purpose of taking up the existing debt of
this State; and he shall cause the same to be invested in stock
or bonds of this State, purchased at par or less; and said
bonds, after being cancelled, as directed in section 33, shall be
credited to the sinking fund, and held by the treasurer, subject
to the future action of the general assembly.

Ibid. sec. 32. 1872, ch. 276, sec. 4.

32. 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
bonds or certificates of debt of this State, purchased at par or
less; and in all purchases of bonds or certificates hereby
directed to be made, the treasurer shall give the preference to
the overdue debt of the State; and the comptroller and treas-
urer may at any time require the said overdue debt or some
class thereof which can be regulated and accurately described
to be presented at the place where made payable, for payment,
by giving not less than thirty days' notice to the holders of
such overdue debt, that on a day named in said notice, interest
on said overdue debt or class thereof will cease; and if said
bonds or certificates so overdue and particularly described in
said published notice be not presented for payment by said
day, the payment of interest on the same shall cease, and no
further payment of interest on the same shall be made.

Ibid. sec. 33. 1872, ch. 276, sec. 5.

33. If the overdue bonds or certificates of the State shall
not be procurable in sufficient amounts, the treasurer may
invest the sum or sums mentioned in section 31 in any bonds
or certificates of the State which may be offered for sale, at the
best rates possible for the State; and all such bonds or certifi-


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
The Maryland Code Public General Laws, 1904
Volume 393, Page 490   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 16, 2024
Maryland State Archives