558 LAWS OF MARYLAND.

property of said county for the sum of fifty dollars,
to be paid annually to Hannah E. Smith.

Approved April 8, 1884.

		Chapter 419.
		AN ACT to further provide for the maintenance of
		the Sinking Funds of the State.
		SECTION 1. Be it enacted by the General Assembly
		of Maryland, That all moneys remaining in the
		treasury of the state at the close of each fiscal year,
		in excess of one hundred and fifty thousand dollars,
		and of the sums required to meet the interest due
		accruing upon the public debt, and the expenses of
		the state government, defined by law, shall be held
		by the treasurer of the state to the credit of the gen-
		eral sinking fund of the state, and shall be invested
		by the treasurer in the overdue obligations of the
	Treasurer to	state; and when the same are not procurable in the
	invest.	obligations of the state not yet matured, or in the
		securities issued by the United States, or in such other
		productive stocks or bonds as the treasurer, the gov-
		ernor and comptroller concurring, may consider safe
		and reliable, and the sum of one hundred thousand
		dollars, which is directed to be set apart in each year
		for the augmentation of the sinking fund, may be in-
		vested in the same manner and under the same condi-
		tions by the said treasurer, and the investment so
		made shall be, when made, passed to the credit of the
		sinking fund.
		SEC. 2. And be it enacted, That this act shall take
	Effective.	effect from and after the date of its passage.
		Approved April 8, 1884.