JOHN WALTER SMITH, ESQ., GOVERNOR.

Maryland or in any one of the United States; and to accept
the office and appointment of executors and administrators of
any kind or nature, whenever such office or appointment is
conferred or made by any person or persons, or by any Orphans'
Court or other court, either in this State or in any one of the
United States; and that in all cases in which application shall

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be made to any court of this State for the appointment of any
receiver, trustee or administrator, executor, assignee, guardian,
or committee of a lunatic or minor, it shall and may be lawful
for such court, if it shall think fit, to appoint the said company,
with its assent, such receiver, trustee, administrator, executor,
assignee, guardian or committee, and the accounts of said
company as such receiver, trustee, administrator, executor,
assignee, guardian or committee, shall be regularly settled
and adjusted before the tribunal, and upon such settlement
and adjustment, all proper, legal and customary charges, costs
and expense shall be allowed the said company for its care
and management of the trusts and estate aforesaid; and the said
company as such receiver, trustee, administrator, executor, as-
signee, guardian or committee, shall be subject to all orders
or decrees made by the proper tribunal under the laws of such
State.

Court may
appoint as
receiver,
trustee, etc.

SEC. 10. And be it enacted, That when any court shall ap-
point said company as receiver, trustee, administration, exec-
utor, assignee, guardian or committee, or shall order the de-
posit of money or other valuables of any kind with said com-
pany, or whenever said company shall act in any such capac-
ity, the capital stock as paid in shall be taken and considered
as the security required by law for the faithful performance of
its duties; provided, the said court shall not deem it neces-
sary to require further security, and shall be absolutely liable
in case of any default whatever. The court, if it deem it
necessary, may, from time to time, appoint suitable persons
to investigate the affairs and management of said company,
who shall report to such court the manner in which such in-
vestments are made and the security afforded to those by or
from whom its engagements are held, and the expense of such
investigation shall be defrayed by said company, or the court
may, if deemed necessary, examine the officers of said com-
pany, under oath or affirmation, as to the security aforesaid.

Capital stock
may be taken
as security.

SEC. 11. And be it enacted, That any executor, administra-
tor, guardian or other trustee or public officer having the con-
trol of any bonds, stocks, securities, moneys or other valuables
belonging to others shall be and is hereby authorized to de-
posit the same for safe keeping with said company.

Executors,
etc., may
deposit bonds,
etc. , for
safekeeping.