Theodore R. McKeldin, Governor      327

(c) (Wines and Liquors.) Every manufacturer or
wholesaler engaged in the business of selling or delivering
wines and liquors shall file with the Comptroller a bond in

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AN AMOUNT EQUAL TO THE SUM PAID BY SUCH
MANUFACTURER OR WHOLESALER ON ACCOUNT
OF SUCH TAXES FOR THE AVERAGE TWO-MONTH
PERIOD IN THE PRECEDING CALENDAR YEAR; IF
SUCH MANUFACTURER OR WHOLESALER WAS
NOT IN BUSINESS DURING THE WHOLE OF SUCH
PRECEDING CALENDAR YEAR, THE AMOUNT OF
THE BOND SHALL BE SET BY THE COMPTROLLER
UPON HIS REASONABLE ESTIMATE OF SUCH
TAXES PAYABLE BY SUCH MANUFACTURER OR
WHOLESALER DURING THE CURRENT TWO-
MONTH PERIOD. Such a bond shall be in such form as
may be approved by the Comptroller, shall be executed by
a Surety Company duly authorized to do business in this
State, and shall be conditioned upon the payment of all
taxes, penalties and interest imposed by this Article upon
the sale or delivery of wines and liquors, and generally
upon the faithful compliance with the provisions of this
Article. In the event that, pursuant to the provisions of
Section 129 of this sub-title, certificates or stamps denoting
the payment of taxes on alcoholic beverages except beer
are furnished by the Comptroller on credit in an amount
in excess of Five Thousand Dollars ($5,000), such manu-
facturer or wholesaler shall,

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file an additional bond in the same manner
and form in an amount not less than the amount of such
excess.

Sec. 2. And be it further enacted, That this Act shall
take effect July 1, 1952.

Approved April 4, 1952.