The Council shall appoint a Treasurer, whose duties shall be to keep all funds of the City in some bank or banks in said City in his name as Treasurer of the City of Martinsburg, which shall pay interest on such deposits equal at least to that paid by state depositories on all funds of the State of West Virginia, and in the same manner at the same time. Before receiving any such deposits, such banks shall give bond in such penalty as the Council shall prescribe and with sureties to be approved by said Council, conditioned for the prompt payment whenever lawfully required of all City moneys, or parts thereof, which may be deposited with them, which bond shall be renewed at such times as the Council may require.
Before receiving any money under said election [appointment], said Treasurer shall give bond in such amount and with such provisions as the Council may by ordinance prescribe; his salary shall be fixed by the Council from term to term.
In addition to the duties herein set forth the Treasurer shall perform such other duties as may be required by the Council. (Acts 1915, Municipal Charters, ch. 6, Sec. 35; Acts 1933, ch. 125)