618
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LAWS OF MARYLAND.
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May receive
upon deposit,
specie, plate,
stocks, etc.
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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 municipalities, or private corporations are author-
ized to deposit money, stocks, bonds or evidences of debt,
such deposits of such officers or corporations may be made
with said company.
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Authorized to
accept and
execute trusts
of all kinds.
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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 whomsoever,
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 as administrators,
trustees, or agencies of any kind or nature, whenever such
office or appointment is conferred or made by any person or
persons, or by any Orphans' Court, either in this State or in
the United States or in the District of Columbia, and that in
all cases where application shall be made to any Courts of this
State for the appointment of any receiver, trustee, adminis-
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May be
appointed
receiver,
trustee, as-
signee, etc.
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trator, 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 Farmers'
Banking and Trust Company of Montgomery County, with
its assent, such receiver, trustee, administrator, 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 adjudged
before the tribunal, and upon such settlement and adjustment
all proper legal and customary charges, costs and expenses
shall be allowed the said company for its care and manage-
ment 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 and
District of Columbia or United States.
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Capital stock
may be
taken as
security.
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SEC. 11. And be it enacted, That when any court shall appoint
the said company as receiver, trustee, administrator, shall the
said company, as receiver, trustee, administrator, executor,
assignee, guardian or Committe, or shall order the deposit of
money or other valuables of any kind with said company, the
capital stock as paid in shall be taken and considered as the
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