HERBERT R. O'CONOR, GOVERNOR. 561

(3) To sell such alcoholic beverages in sealed contain-
ers, as above provided, at such prices as may be determined
by the Board, which prices shall be uniform in all stores
in the said County and shall in no case be less than the
cost of such alcoholic beverages.

(4) To refuse to sell any such alcoholic beverages to
any person or persons who, in the judgment of the Board,
is not a suitable person to purchase or consume such bev-
erages

(5) To make any and all contracts, rules and regula-
tions which they may deem necessary or desirable to carry
out the powers conferred upon them by this Article.

(6) To sell and ship outside of Wicomico County any
containers or packages of alcoholic beverages kept for sale
in the dispensary or branch dispensaries, provided that
such shipment is not prohibited by law applicable in the
place where shipment is consigned.

(d) The Liquor Control Board shall keep accurate rec-
ords of all purchases of alcoholic beverages, which records
shall be open to inspection by the Comptroller or any of
his Deputies or inspectors during all regular business
hours, and shall also prepare and forward to the Board of
County Commissioners, a report for the periods ending on
January 1st, April 1st, July 1st, and October 1st in each
year, which report shall contain a full and complete state-
ment of the business transacted by the Board and the re-
sults of the operation of the dispensary or branch dispen-
saries established under the authority of this Section for
the preceding three months.

(e) All net profits arising from the operation of said
dispensary or branch dispensaries shall be first applied to-
wards the payment of any and all sums advanced to or
borrowed by the Liquor Control Board. After such sums
have been paid, the said Board shall be authorized to create
and maintain a reserve fund not to exceed $12, 000. 00, in-
cluding the total inventory of stock and supplies on hand,
to provide adequate working capital and to meet any losses
that may be sustained by the Board in the operation of
such dispensaries. All net profits in excess of the above
shall belong to and be paid over to the County Commis-
sioners of Wicomico County on or before June 1st, in each
and every year.

SEC. 2. And be it further enacted, That this Act shall
take effect June 1st, 1941.

Approved April 28, 1941.