330

LAWS OF MARYLAND.

mortgages and interest thereon, choses in action, evidences of
debt, checks, titles to property, indebtedness of individuals
or copartnerships, firms, corporations or joint stock com-
panies, loans of States, cities, counties and municipalities,
upon such terms as may be agreed upon or established by the
said corporation.

Authority to
execute trusts
of every
description.

SEC. 8. And be it further enacted, That the said body cor-
porate be and it is hereby authorized to accept and execute
trusts of any and every description which may be committed
or transferred, with its consent, to it by any person or per-
sons whomsoever, bodies corporate or public, or by any court
of the State of Maryland or in any one of the United States,
and to accept the office and appointment of executor or
administrator 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 of this State
or of any of the United States, and that in all cases where
application shall be made to any court in the State of Mary-
land or elsewhere for the appointment of any receiver, trustee,
administrator, executor, assignee, guardian or committee, it
shall and may be lawful for such court if it shall think proper
to appoint said body corporate, with its assent, such receiver,

Courts
may appoint as
receiver,
trustee, etc.

trustee, administrator, executor, assignee, guardian or com-
mittee, and the accounts of said corporation, as such receiver,
administrator, executor, assignee, guardian or committee
shall be regularly settled and adjusted before the tribunal
having jurisdiction, and upon such settlement and adjustment
all proper, legal and customary charges, costs and expenses
shall be allowed to said corporation for its care and manage-
ment of the trusts and estates aforesaid; and the said corpora-
tion as such receiver, trustee, administrator, executor, assignee,
guardian or committee shall be subject to all orders or decrees
of the proper tribunal in the premises under the laws of the
State wherein such tribunal shall or may exercise its juris-
diction.

Investment
of its
capital stock.

SEC. 9. 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
its capital stock or assets, or that may come into its posses-
sion in the course of its dealings and business, 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.

Power to act
as agent, etc.

SEC. 10. And be it further enacted, That said body corpor-
ate shall have power to receive money on deposit, to act as