1162 LAWS OF MARYLAND [CH. 400

taxes and all State and County funds and all monies received
or collected by him, and all taxes, funds and monies shall be
deposited by the County Treasurer in the name of the County
Treasurer of Kent County, and the portion due to the State
to his credit as Collector of State taxes and the portion due
to the County to his credit as Treasurer of Kent County, and
the money so deposited, as aforesaid, shall only be drawn out
upon his check as County Treasurer on warrants issued by the
Board of County Commissioners drawn on him in payment
of the State's portion of said taxes and in payment of debts,
demands and accounts due by said County, duly approved and
passed by said County Commissioners, but he shall not pay
any debt, demand or account against said County without
deducting from the amount thereof or applying the proceeds
of same against all and every sum or sums due or owing to
said County for taxes including State taxes or otherwise,
by the holder of said debt, demand or account and no assign-
ment of said debt, demand or account to avoid such deduction
or payment shall be valid.

(c) All money belonging to the County received by the
Treasurer shall be deposited in two classes of accounts, the
first class of account shall be the Treasurer's daily checking
account to meet current expenses, which account shall not
exceed the gross sum of Ten Thousand Dollars, except as di-
rected by the Order of the County Commissioners; the second
class of accounts shall be for all other funds or monies belong-
to the County which shall be deposited in an interest bearing
account and the County Treasurer shall only check on the
second class or interest bearing account at such time as it
shall be necessary to keep the accounts of the first class suffi-
cient to meet current expenses.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1, 1951.

Approved April 13, 1951.

CHAPTER 400
(House Bill 515)

AN ACT to repeal and re-enact, with amendments, Sections
155 and 156 of Article 15 of the Code of Public Local Laws

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EXPLANATION: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law,
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.