Second auditor.

Elected.  By the General Assembly for four years from the first of March next succeeding election.  Salary, $1,700 and commissions allowed by law.

Duties.  Shall register all coupon and registered bonds and fractional certificates issued on account of the public debt, and all bonds redeemed and cancelled by the Commissioners of the Sinking Fund; shall be the custodian of the books of the Commissioners of the Sinking Fund, and securities for money belonging thereto; shall audit all claims on account of the Board of Education, Corporation Commission, and any corporation composed of officers of government, of the funds and property of which the State is sole owner; shall issue his warrant for all moneys received into the Treasury, or drawn out of it on account of these boards and corporations, the Sinking Fund and the Literary Fund; shall make quarterly and annual reports to the Governor.

To register bonds is to enter particulars of them in books kept for the purpose.  Coupon bonds are bonds with interest coupons or certificates attached to them, and bearing no name, but payable to any person who presents the coupons at the treasury at certain times.  Registered bonds are bonds bearing the name of the person who receives them, and payable to that person or any person to whom he may sell or transfer them.

Fractional certificates are certificates or bonds issued for any fractional part of one hundred dollars of the public debt.  All other bonds are issued for amounts of one hundred dollars or some multiple of a hundred.

A bond is redeemed—­that is, bought back—­when it is received at the treasury or office of the sinking fund and the amount of it is paid to the holder.  The bond is then cancelled.  To cancel is to deface or destroy so that the paper or bond cannot be used again.

A security is something given or deposited as a pledge that money loaned shall be repaid.  Debts may be due to the sinking fund by railroad or other companies in which the State has an interest, and securities have to be given that such debts shall be paid.

The literary fund was formed in 1810 from the sale of public lands, some of which had been possessed by the Church in colonial times.  The fund has since been increased by the sale of lands given to the State by Congress for public school purposes. and by fines collected for offences committed against the State, and by donations made by private individuals.  It is called the literary fund because it is used for purposes of education.

Register of the Land Office.

Elected.  By the General Assembly for a term of four years from the first of March next succeeding election.  Salary, $1,800.  He is also Superintendent of Public Buildings.

Duties.  Shall issue grants to all purchasers of waste lands; record all grants and patents, and furnish lists to the clerks of the county and corporation courts; shall keep the records, documents, and entries of Northern Neck Lands, and of lands granted, or to be granted, by the Commonwealth; shall have care of the public buildings and all other public property at the seat of government not placed in charge of others; shall have control of Capitol Square; shall try, prove, and seal weights and measures; shall report semi-annually to the Auditor of Public Accounts.