REPORT

OF THE

Comptroller of the Treasury

OF THE

STATE OF MARYLAND

TREASURY DEPARTMENT COMPTROLLER'S OFFICE,

ANNAPOLIS, January 7, 1904.

To the General Assembly of Maryland:

I herewith respectfully submit to your Honorable body my
annual report for the fiscal year ended September 30, 1903, in
pursuance of Section 9 of Article 19 of the Code of Public
General Laws.

RECEIPTS.

The amount received into the Treasury proper, from all
sources during the fiscal year, was 13,636,449.07, as will appear
by reference to Statement."A"....This, together with the amount
of 11,187,295.68 in the Treasury proper September 30, 1902,
aggregates the sum of $4,823,744.75, exclusive of the Fund's
account, a detailed statement of which will be fully shown in
Statements "E" and "F".

The sum of $3,636,449.07 shown in Statement "A" as the
receipts into the Treasury proper during the year, does not
represent the usual or ordinary receipts accruing to the State,
and there should be deducted from this amount the sum of
$449,043.16, as will hereafter appear.

First. The Legislature of 1902, by Chapter 200, authorized
a new State bond issue of $600,000, to be known as the "State