1834

LAWS OF MARYLAND

CHAP. 279

as in dollars and cents, when thereto requested by the pro-
prietor thereof, and he shall pay at said bank, the interest on
the stock of ths State, as the same shall become due, and
take receipts therefor, and he shall draw upon the said
Treasurer for, and the said Treasurer rs htreby authorrsed
to pay to bis order, such sums of money as will be suffi-

Report required

cient to pay said interest as the same shall become due
and annually, or oftener, if required transmit to said Trea-
surer an account shewing the amount of stock created by
this State, and credited on said books, also the amount of
interest paid and interest unclaimed for more than one year
after the same became due and to whom credited and

Negotiate loans

whose further duty it shall be, to negotiate or contract for
such loans as may be hereafter created by this State, as and
when he shall be thereto lequned by law and it is hereby
provided, that in any agreement which the exerutive may
make with any bank for the purposes aforesaid it shall be
stipulated that for all the expenses incident to the discharge

Proviso- no com-

pensation

of the duties hereby ard thereunder charged on said com-
missioner, such bank or any of its officers, no compensation
whatever shall be allowed by this State, except such as are

Exeept for books

&c

hereinbefore provided, and except to he reimbuised, the
actual cost of the books, stationary, and punting expenses
that shall be found necessary in the performance of the

Forging certifi-

cates, felony

Sec 2 And be it enacted, That it shall be deemed and
taken to be felony, to forge or counterfeit any certificate of
the stock of this State heretofore authorised or that may
be hereafter created, or any letter of Attorney for The
transfer thereof, or to create with the fraudulent interest of
putting into circulation any ether than a certificate, bona fide

Penalty

authorised, and any person so offending shall be liable to
the same penalties and forfeitures as are at present attached
to the forging or counterfeiting bank notes in this State

Bond required

Sec 3 And be it enacted, That the Commissioner of
Loans who may be appointed under and by virtue of this
act, shall give bond to the Mate of Maryland, for the faith
ful performance of the duties that are herein, or may from
time to time, by any future provisions be required and that
said bond shall be under the penalty of two hundred thou
sand dollars, and with such security as the Governor and
Council for the time being shall approve, which bond
shall be deposited with the Treasurer of the Western Shore