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Session Laws, 1935
Volume 579, Page 48   View pdf image (33K)
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48 LAWS OF MARYLAND. [CH. 30
CHAPTER 30.

AN ACT to repeal and re-enact, with amendments, Section
28 of Article 95 of the Annotated Code of Maryland
(1924 Edition), title "Treasurer, " relating to access to
the boxes or vaults where the securities are kept by the
Treasurer.

SECTION 1. Be it enacted by the General Assembly of
Maryland, That Section 28 of Article 95 of the Annotated
Code of Maryland (1924 Edition), title "Treasurer, " be
and it is hereby repealed and re-enacted, with amendments,
to read as follows:

28. All bonds, certificates of stock and other securities
purchased or obtained by the treasurer for the use of the
sinking fund, or transferred and assigned to or deposited
with the treasurer, in trust or otherwise, by any corpora-
tion of this or any other State, or by any individual, pur-
suant to any law or laws of this State, and all bonds, certi-
ficates of stock and other securities belonging to the State
shall be deposited and kept in some safe deposit company
in the City of Baltimore to be selected by the Treasurer
with the approval of the Board of Public Works; the
Treasurer alone shall not be entitled to have access to the
box, boxes, vault or vaults, where such securities shall be
kept, but on all occasions when access to the same is to
be had by him he shall be accompanied by either the Gov-
ernor, the Comptroller or the Chief Deputy Comptroller,
and on all occasions when access to the same is necessary
and the Treasurer is unable to attend in person, the Chief
Deputy Treasurer shall be entitled to have access thereto
if accompanied by either the Governor or Comptroller; the
box or boxes, vault or vaults, where such securities shall
be kept shall be so constructed that two entirely different
keys shall be required to gain access to said securities, one
of which keys for each such box or vault shall be in the
custody of the Treasurer and the other in that of the
Comptroller.

SEC. 2. And be it further enacted, That this Act is
hereby declared to be an emergency law and necessary for
the immediate preservation of the public health and safety,
and having been passed upon by a yea and nay vote, sup-
ported by three-fifths of all of the members elected to each

 

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Session Laws, 1935
Volume 579, Page 48   View pdf image (33K)
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