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Session Laws, 1900
Volume 97, Page 783   View pdf image (33K)
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JOHN WALTER SMITH, ESQ., GOVERNOR.

from time to time, in the public funds of the United States,
or in any stock or property whatsoever, and to dispose of said
stocks, money property, in any such manner (not contrary to
law) as may appear most advantageous to the said corpora-
tion; and to take, have, hold and enjoy all such estates, real,
personal and mixed, as may be obtained by the investment of
the capital of said corporation, and all other money or funds
that may come into their possession in the course of their
dealing and business, and the same to sell, grant, mortgage,
lease and dispose of at pleasure, and to execute, acknowl-
edge and deliver all deeds and other instruments of writing
concerning the same.

783

SEC. 9. And be it further enacted, That the said corporation
be and is hereby authorized and empowered to take the
management, custody and charge of property, real, personal
and mixed, and to advance money on securities and credits,
and upon any property, real, personal or mixed, on such terms,
and with all such powers of sale, or other disposition thereof
as may be provided by the charter or by-laws of this com-
pany, or by agreement in writing between the said company
and owners thereof, or other person or persons to whom ad-
vances as aforesaid may be made, and the said corporation
shall be and is hereby authorized, either for itself or as agent,
to buy, lease or otherwise acquire and hold and manage real,
personal and mixed property in the State of Maryland, or
elsewhere, with the right to sell, mortgage and lease, or other-
wise dispose of the same as fully and completely as a natural
person, and to execute, acknowledge and deliver all deeds
and legal papers and instruments concerning the same.

Empowered
to take charge
of property,
real and
personal.

SEC. 10. And be it further enacted, That said company be
and is hereby authorized and empowered to issue bonds or
certificates of indebtedness upon such terms and conditions,
and with or without coupons attached, and in such amounts,
and payable at such times and places, and with interest not
exceeding six per cent, per annum, as said company may
deem expedient for the proper conduct of its business.

May issue
bonds

SEC. 11. And be it enacted, That said corporation may make
and may procure copies and abstracts from the public records
of the State, and gather information therefrom and from other
sources relating to conveyances of property, real and lease-
hold; may make and procure and furnish plats and other
matters relative to property; may examine the title to prop-
erty, and guarantee or insure owners and mortgagees of
property, real or leasehold, or of any person having any inter-

May make
copies from
public records
of the State,
etc.



 
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Session Laws, 1900
Volume 97, Page 783   View pdf image (33K)
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