HERBERT R. O'CONOR, GOVERNOR. 561

Article has been paid, and to purchase from any non-
resident producer or dealer any such alcoholic beverages
and import the same for resale, as hereinafter provided;
but such importations shall not be resold until the excise
tax has been paid.

(3) To sell such alcoholic beverages in sealed containers,
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.

(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
beverages.

(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 February 1st, May 1st, August 1st, and November 1st in
each year, which report shall be furnished promptly after
the ending of each such period and shall contain a full and
complete statement of the business transacted by the Board
and the results of the operation of the dispensary or branch
dispensaries 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
towards 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 exceed1
$50, 000. 00, including the total inventory of stock and sup-
plies 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
Commissioners of Wicomico County quarter yearly on
March 1st, June 1st, September 1st, and December 1st, in
each and every year.