34 LAWS OF MARYLAND. [CH. 4

(e) To make any and all contracts, rental agreements, rules
and regulations which it may deem necessary or desirable to
carry out the powers conferred upon it by this Article.

(f) To sell and ship outside of Kent County any containers
or packages of alcoholic beverages kept for sale in the dispen-
saries, provided that such shipment is not prohibited by law
applicable in the place where the shipment is consigned.

(g) To fix the hours for opening and closing said dispen-
saries or branch dispensaries and in every manner to regulate
the operation and maintenance of such dispensaries by passing
such rules and regulations, not inconsistent with the laws of
the State, as it deems necessary and proper.

(4) The Liquor Control Board shall keep accurate records
of all purchases of alcoholic beverages, which records shall be
open to inspection by the State Comptroller or any of his
deputies during all regular business hours.

The books and records of the Liquor Control Board shall be
submitted to the Kent County Auditing Committee authorized
by law in the same manner and at the same time that the books
and records of other county offices are submitted for audit;
and the result of this audit shall also be published in the same
manner and at the same time as the results of the audits of
the several other offices of Kent County are published.

(5) All net profits arising from the operation of said dis-
pensaries and branch dispensaries, as aforesaid, shall be first
applied toward payment of any and all sums, advanced to or
borrowed by the Liquor Control Board. After such sums have
been paid, the said Liquor Control Board shall be authorized
to create and maintain a reserve fund not to exceed Twenty
Thousand ($20,000.00) Dollars including the total inventory
of stock and supplies on hand, to provide adequate working
capital and to meet any losses that may be sustained by said
Board in the operations of such dispensaries. Sixty-six and
two-thirds (66 2/3%) per cent of all net profits in excess of
the above shall belong to and be paid over to the County Com-
missioners of Kent County on or before December 31 of each
and every year, the remaining thirty-three and one-third
(33 1/3%) per cent of all net profits shall on or before Decem-
ber 31 of each and every year, be paid to the governing body
of each of the several incorporated towns of Kent County in
which dispensaries are located, pro rata, in the proportion
that the profits derived from the sale of alcoholic beverages in
said incorporated towns bears to the total amount to be paid
over to said incorporated towns.