190

LAWS OF MARYLAND.

May receive
upon storage
merchandise,
etc.

SEC. 9. And be it enacted, That said company may receive
upon storage, deposit or otherwise, merchandise, specie, plate,
bullion, stocks, promissory notes, certificates and evidences
of debt, contracts and all other personal property, and advance
money thereupon, on such terms as may be established or
approved by said company; that in all cases in which public
officers or municipal or private corporations are authorized to
deposit money, stocks, bonds, or evidences of debt, such
deposits, by such officers or corporations, may be made with
said company.

Authority to
accept and
execute trusts,
etc.

SEC. 10. And be it enacted, That the said company be and
is hereby authorized to accept and execute trusts of any and
every description, which may be committed or transferred
with their consent to them by any person or persons whom-
soever, bodies corporate or public, or by any court in the
State of Maryland, or in any one of the United States;
and accept the office and appointment of executors or
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
where application shall be made to any court of this State for
the appointment of any receiver, trustee, 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 Birnie Trust Company, with their
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 that tribunal, and upon such settlement
and adjustment all proper customary and legal charges, costs
and expenses shall be allowed the said company for their
care and management of the trusts and estates aforesaid, and
the said company as such receiver, trustee, administrator,
executor, assignee, guardian or committee shall be subject to
all orders or decrees made by the proper tribunal, under the
laws of such State.

Security for
faithful per-
formance of
duties.

SEC. 11. And be it enacted, That when any court shall
appoint the said company as receiver, trustee, administrator,
executor, assignee, guardian or committee, or shall order the
deposit of money or valuables of any kind with said company,
the capital stock as paid in shall be taken and considered as
the security required by law for the faithful performance oi