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Session Laws, 1900
Volume 97, Page 1144   View pdf image (33K)
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1144

LAWS OF MARYLAND.

of the United States, and that in all cases where applications
shall be made to any court of this State for the appointment
of any receiver, trustee, administrator, executor, assignee,

Court may
appoint as
receiver
trustee,
guardian, etc.

guardian of any minors or committee of a lunatic, it shall
and may be lawful for such court, if it shall think fit, to ap-
point the Western Trust and Deposit Company, with their
assent, such receiver, trustee, administrator, executor, as-
signee, 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 said tribunal, and upon such settlement
and adjustment, all proper legal and customary charges, costs
and expenses shall be allowed to said company for their care
and management of the trusts and estates aforesaid: and the
said company as such receiver, trustee, administrator, execu-
tor, assignee, guardian or committee, shall be subject to all
orders or decrees made by the proper tribunal under the laws
of this State.

Power to
receive money
on deposit, act
as agent, etc.

SEC. 9. And be it enacted, That the said company shall have
power to receive money on deposit, to act as agent for the
purpose of issuing, registering or countersigning, certificates
of stock, bonds or other evidences of debt of any State, cor-
poration, association, municipality or public authority on
such terms as shall be agreed upon; to deal in exchange, for-
eign and domestic, and in every and all descriptions of prop-
erties, personal effects, securities, mortgages, land, certifi-
cates of indebtedness, stocks of incorporated companies, notes,
loans on bonds of the United States, or of any city, county or
municipality, or of any incorporated company, or of any indi-
vidual.

Courts,
guardians.etc,
may order
money
deposited.

SEC. 10. And be it enacted, That every court into which
money may be paid or deposited by agreement of parties,
order, judgment or decree of such court, such court may order
and direct the same to be deposited with said company, and
any individual or administrator, guardian, committee, as-
signee, trustee, State, county or municipal government, or
corporation or public officer, or any person or persons acting
for others, having the custody of any bonds, stocks, securi-
ties, monies or valuables shall be authorized to deposit the
same for safe keeping with said company.

May receive
upon storage,
merchandise,
specie, etc.

SEC. 11. And be it enacted, That said company may receive
upon storage, deposit or otherwise, merchandise, specie,
plate, bullion, stocks, promissory notes, certificates and evi-
dences of debts, contracts and all other personal property,



 
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Session Laws, 1900
Volume 97, Page 1144   View pdf image (33K)
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