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Session Laws, 1900
Volume 97, Page 789   View pdf image (33K)
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JOHN WALTER SMITH, ESQ., GOVERNOR.

789

bullion, stock, promissory notes, certificates and evidences of
debts, 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 municipal or private corporations are authorized to
deposit money, stocks, bonds or evidences of debt, such de-
posits by said officers or corporations may be made with said
company upon such terms as may be agreed upon.

May receive
upon storage
or deposit,
merchandise,
specie, etc.

SEC. 11. And be it enacted, That any executor, administra-
tor, guardian or other trustee, or public officer, having the
control of any bonds, stocks, securities, moneys or other valu-
ables belonging to others, shall be and is hereby authorized
to deposit the same for safe-keeping with said company.

Stocks, bonds,
securities, etc.

SEC. 12. 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 stock, and all other moneys and funds that may come
into its possession in the course of their 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 instrument of writing concerning the same.

May hold
estates, real
and personal.

SEC. 13. And be it further enacted, That the said corporation
shall have power to receive and hold on deposit and in trust,
and as security, estates, real, personal and mixed, including
money, notes, bonds and obligations of States, companies,
corporations and individuals, and the same to purchase, col-
lect and adjust, settle, sell and dispose of, and upon such
terms as may be agreed upon between it and the parties con-
tracting with, and may pay interest on all deposits of money
which it may receive from individuals, corporations or other-
wise.

Power to
receive and
hold on
deposit and in
trust, estates,
fete.

SEC. 14. And be it further enacted, That the said corporation
shall be and is hereby authorized and empowered to receive
and keep on deposit all such valuables as gold, silver or paper
money, bullion, precious metals, jewels, plate, certificates of
stock, or evidences of indebtedness, deeds or muniments of
titles or other valuable papers of any kind, or any other article
or thing whatsoever, which may be left or deposited for safe-
keeping with said corporation; and it may and shall be lawfu-
for any of the courts of any State, into which moneys, stocksl
bonds or other property may be paid or deposited by agree,
ment of parties, order, judgment or decree of said court, to
order and direct the same to be deposited with said corpora-
tion, and it shall be entitled to charge such commission or
compensation therefor as may be agreed upon.

Authority to
receive on
deposit, gold,
precious
metals, plate,
etc.



 
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Session Laws, 1900
Volume 97, Page 789   View pdf image (33K)
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