EDWIN WARFIELD, ESQ., GOVERNOR.

269

services as shall be mutually agreed on, such compensation
to be paid only out of the proceeds of sales and not other-
wise.

SEC. 4. The sum of five hundred dollars is appropriated

CHAP. 185

out of any money in the treasury not otherwise appropri-
ated for the purpose of defraying the costs and expenses
which shall be incurred by the Board of Public Works in
carrying this sub-title into effect.

Sec. 5. And be it enacted, That all Acts or parts of Acts

Sum of money
appropriated.

heretofore enacted, which may be inconsistent with the pro-
visions of this Act or any of the same, be and the same are
hereby repealed.

SEC. 6. And be it further enacted, That this Act shall take
effect from the date of its passage.

Approved March 27, 1906.

CHAPTER 186.
AN ACT to add a new section to Article 95 of the Code
of Public General Laws of 1904, title "Treasurer," to come
immediately after Section 30 of said Article, and to be
known as Section 31.
SECTION 1. Be it enacted by the General Assembly of Mary-

Repeal.

land, That a new section be and hereby is added to Article
95 of the Code of Public General Laws of 1904, title
"Treasurer, " to come immediately after Section 30 of said
Article, to be known as Section 31, and to read as follows :

Section 31. Whenever, in the judgment of the Board of
Public Works, the public interests will be subserved thereby,

New section
added.

the said Board of Public Works shall direct the Treasurer to
sell any of the securities constituting a part of any of the sink-
ing funds of the State. If the proceeds of such sale be not
required to pay a debt of the State due or about to become
due, then the Treasurer shall invest such proceeds of sale in
such other securities for the sinking fund as the Board of
Public Works may direct and approve. Both in selling the
securities directed to be disposed of, and in purchasing the
securities . directed to be substituted therefor in the sinking
fund, the Treasurer shall proceed in the manner and subject
to the regulations and directions which the Board of Public

Authority
given to sell
securities,
etc.