JOHN WALTER SMITH, ESQ., GOVESNOR.

ship, to guarantee the performance of any contract, to
guarantee the validity of title to real, leasehold or chattel
property, or to guarantee the payment of credit, or any part
thereof, given or extended, or to be given or extended, by
or to any person or persons, firm or firms, copartnership or
copartnerships, corporation or corporations, joint stock com-
pany or joint stock companies.

329

SEC. 6. And be it further enacted, That the said body cor-
porate shall have the right to invest, upon such terms as
may be agreed upon or established by said corporation, any
sum or sums of money in any mercantile, manufacturing,
commercial or other business, or in any lawful enterprise
transacted or carried on, or to be transacted or carried on in
the State of Maryland or elsewhere, in connection with any
person, persons, firm, firms, copartnership, copartnerships,
corporation, corporations, joint stock company or joint stock
companies; provided, only that such investment shall, when
made, be thereupon advertised in the amount thereof and for
the time or period whereof in some newspaper published in
the city or county where the principal office or place of bus-
iness, as the case may be, of such person, persons, firm, firms,
copartnership, copartnerships, corporation, corporations, joint
stock company or joint stock companies, shall be located or
intended to be located, once a week for three successive weeks,
and said body corporate hereby incorporated shall, upon
making such investment, have, with regard to such business
or enterprise, the full right and privileges of a general partner
therein, and shall be liable for the payment of such claims
and demands as may be or may have been incurred by such
person, persons, firm, firms, copartnership, copartnerships,
corporation, corporations, joint stock company or joint stock
companies, for and on account of and for the benefit and ad-
vantage of such business or enterprise, only to the extent of
the investment so made and advertised and to no other or

greater extent.

May invest
sums of money
in various
enterprises.

SEC. 7. And be it further enacted, That the said body cor-
porate shall have the right to receive money on deposit, evi-
dence of debt for collection, for discount or otherwise,, chat-
tels, stocks, bonds and all proper writings on storage, or as
collateral security, upon such terms as may be agreed upon
or established' by said corporation, and shall have the right
to guarantee, endorse and secure the payment, punctual per-
formance and collection of notes, debts, due bills, bills of
exchange, contracts, bonds, accounts, claims, rents, annuities,

Right to
receive money
on deposit,
etc.