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Session Laws, 1943
Volume 584, Page 1442   View pdf image (33K)
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1442 LAWS OF MARYLAND. [CH. 816

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
dispensaries and branch dispensaries, as aforesaid, shall
be first applied toward payment of any and all sums, ad-
vanced to or borrowed by the Liquor Control Board. After
such sums have been paid, the said Control Board shall
be authorized to create and maintain a reserve fund not
to exceed Ten Thousand ($10, 000. 00; ) Dollars including
the total inventory of stock and supplies on hand, to pro-
vide 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 Commissioners of Kent County
on or before December 31 of each and every year, the re-
maining thirty-three and one-third (33 1/3%) per cent of
all net profits shall on or before December 31 of each and
every year, be paid to the governing body of each of the
several incorporated towns of Kent County in which dis-
pensaries are located, pro rata, in the proportion that the
profits derived from the sales of liquor in said unincor-
porated towns bears to the total amount to be paid over
to said incorporated towns.

77-B. No member or employee of the Liquor Control
Board of Kent County shall have any financial interest,
directly or indirectly, in the manufacture of any alcoholic
beverages purchased or sold under the provisions of this
Article, or derive any profit or remuneration from the pur-
chase or sale of any such beverage, other than the salary,
or wages payable for the discharge of the duties of the
office or position, as herein prescribed or authorized. Any
member or employee of the Liquor Control Board, violat-
ing the provisions of this section, shall upon conviction
be subject to a fine not exceeding Two Thousand ($2, 000. 00)
Dollars, or to imprisonment, not exceeding three years,
or both fine and imprisonment, in the discretion of the
Court.

SEC. 2. And be it further enacted, That all laws, or
parts of laws, whether Public General or Public Local
Laws, inconsistent with this Law be and they are hereby
repealed to the extent of such inconsistency.

SEC. 3. And be it further enacted, That this Act shall
take effect January 1, 1944.

Approved May G, 1943.

 

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Session Laws, 1943
Volume 584, Page 1442   View pdf image (33K)
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