JOHN WALTER SMITH, ESQ., GOVERNOR.

to investigate the affairs and management of said company,
who shall report to such court the manner in which such
investments are made, and the security afforded to those by
or from whom its engagements are held, and the expenses of
such investigation shall be defrayed by said company, or the
court may, if deemed necessary, examine the officers of
said company, under oath or affirmation, as to the security
aforesaid.

205

SEC. 12. And be it enacted, That any executor, adminis-
trator, guardian or other trustee or public officer having the
control of any bonds, stock, securities, moneys or other
valuables belonging to others, shall be and is hereby author-
ized to deposit the same for safe keeping with said company,
but nothing contained in this Act shall be construed to relieve
any such officer depositing with said company as authorized
by any section thereof from any legal liability for such deposit,
unless he shall have been ordered to make the same by the
proper court.

Executors,
administrators
etc - author-
ized to deposit
with said
company.

SEC. 13. And be it enacted, That the said corporation is
authorized to take, have, hold and enjoy all such estates, real,
personal and mixed, as may be obtained by the investment of
their capital stock, all other moneys or funds that may come
into their possession in the course of their dealings and busi-
ness, and the same to sell, grant, mortgage, lease and dispose
of at pleasure, and to execute, acknowledge and deliver all
deeds and other instruments of writing concerning the same;
provided, however, that the said real estate so to be held by
them shall be only that occupied as their office and place of
business, not exceeding in value one hundred thousand dol-
lars, and such as may come in their possession, in satisfaction
of a debt due to them upon mortgage, decree or judgment.

Authorized
to invest
capital stock
and other
moneys.

SEC. 14. And be it enacted, That the president, vice-presi-
dent and directors of the corporation hereby created shall
have power to enact and adopt such rules, regulations and
by-laws for the government and management of the affairs of
said corporation as they shall deem advantageous to the in-
terest thereof; provided the same be not contrary to the law
of the land.

SEC. 15. And be it enacted, That the General Assembly
reserves the right to repeal, alter or amend this Act at its
pleasure; provided, that said corporation shall be subject at
all times to the provisions of the Acts of eighteen hundred
and ninety-two, Chapter 109 and 279, or amendments or sup-
plements thereto.

power to
make rules,
etc,