strong box, which it shall be the duty of the municipal council to provide, all funds in his custody. Such moneys s hall be kept separate and distinct from his own money, nor shall he be permitted to make profit out of public money or to lend or otherwise use it or to use the same in any method not authorized by law. DacASC ( d ) Deposit of funds . — He shall, when authorized by the department treasurer, deposit for safe keeping with the provincial treasurer such sums of money as he will not be obliged to use at once. EHcaDT ( e ) Custodian of municipal property . — He shall be the custodian of all municipal property and shall keep a complete record thereof. (f) Annual report . — He shall, during the first fifteen days of January of each year, prepare in duplicate itemized statements of the income and disbursements for the preceding year, one copy of which shall be transmitted to the provincial treasurer and th e other to the municipal council. cISAHT ( g ) List of taxpayers . — He shall, within ten days after the passage of the ordinance by the council for the payment of licenses or privilege taxes, prepare a list of the names of the persons whose business, if continued, would render them liable to the lice nse or tax and he shall transmit such list at once to the provincial treasurer, to enable him more readily to detect persons failing to pay the licenses and privilege taxes for which they shall have become liable. SHCaEA ( h ) Appointment of clerks . — He shall appoint such clerks and other employees as are necessary to aid him in the discharge of his duties when the number and salaries thereof are determined in the manner provided by this title. In case it shall appear that  the number or salaries authorized by the municipal council are manifestly inadequate, it shall be within the power of the provincial board, on application, to increase the number of clerks or employees or the salaries fixed by the municipal council therefor. ( i ) Requisitions . — To make requisitions upon the provincial treasurer for necessary supplies or equipment, in accordance with the provisions of subsection ( h ) of section two thousand five hundred and ninety-seven hereof. [2408-49.]  Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 839