CONSTITUTIONAL CONVENTION OF MARYLAND

	CONSTITUTION OF 1867	PROPOSED CONSTITUTION OF 1968
	State debt, and countersign the same, with-
	out which such evidence shall not be valid;
	he shall make to the General Assembly full
	reports of all his proceedings, and of the
	state of the Treasury Department within
	ten days after the commencement of each
	session; and perform such other duties as
	shall be prescribed by Law.
	Sec. 3. The Treasurer shall receive the	See Sections 420 and 4.22, immediately above.
	moneys of the State, and, until otherwise
	prescribed by Law, deposit them, as soon as
	received, to the credit of the State, in such
	bank or banks as he may, from time to time,
	with the approval of the Governor, select
	(the said bank or banks giving security,
	satisfactory to the Governor, for the safe-
	keeping and forthcoming, when required of
	said deposits), and he or such of his
	deputies as may be authorized to do so by
	the Legislature shall disburse the same for
	the purposes of the State according to Law,
	upon warrants drawn by the Comptroller,
	or his duly authorized deputy, and on checks
	countersigned by the Comptroller, or his
	duly authorized deputy, and not otherwise.
	The Treasurer or such of his deputies as
	may be authorized to do so by the Legisla-
	ture shall take receipts for all moneys paid
	from the Treasury Department; and receipt
	for moneys received by him shall be en-
	dorsed upon warrants signed, by the Comp-
	troller, or such deputy as may be author-
	ized to do so by Law, without which
	warrants, so signed, no acknowledgment of
	money received into the Treasury shall be
	valid; and upon warrants issued by the
	Comptroller, or his duly authorized deputy,
	the Treasurer shall make arrangements for
	the payment of the interest of the public
	debt, and for the purchase thereof, on
	account of the sinking fund. Every bond,
	certificate, or other evidence of the debt
	of the State shall be signed by the Treasurer,
	Chief Deputy Treasurer, or a Deputy
	Treasurer, and countersigned by the Comp-
	troller, Chief Deputy Comptroller, or a
	Deputy Comptroller; and no new certificate
	or other evidence intended to replace
	another shall be issued until the old one
	shall be delivered to the Treasurer, and
	authority executed in due form for the
	transfer of the same filed in his office, and
	the transfer accordingly made on the books
	thereof, and the certificate or other evidence
	cancelled; but the Legislature may make
	provisions for the loss of certificates, or
	other evidences of the debt; and may pre-
	scribe, by Law, the manner in which the

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