JOHN WALTER SMITH, ESQ., GOVERNOR.

925

proper to enable said corporation to carry on its operations or
fulfill the purposes named in this Act; and generally, to do
every other act or thing not inconsistent with law which may
be necessary or proper to promote the objects, designs and
purposes of the company.

Authority to
deal in real
and personal

property.

SEC. 2. And be it further enacted, That in addition to the
powers possessed by it under its certificate of incorporation,
which are hereby ratified and confirmed, the said corporation
shall have and possess the further powers, rights, privileges
and franchises particularly mentioned in this Act, and that
its charter, as set out in said certificate of incorporation, shall
be altered and amended so as to conform to the terms and pro-
visions of this Act.

Additional
powers.

SEC. 3. And be it further enacted, That said corporation
be and is hereby authorized and empowered to borrow
money, receive money on deposit, to loan money or to dis-
count in accordance with bank usages, to invest money in
manufacturing or any other enterprises, and to take and to
give such securities for said loans, either real or personal, as
the board of directors of said corporation may deem sufficient;
to buy and sell bills of exchange, notes, bonds or other secur-
ities; to issue letters of credit and other commercial obli-
gations, and shall have power to act as agent for the pur-
pose of issuing, registering or counter-signing certificates of
stock, bonds or other evidences of debt of any State, corpora-

Authority to
borrow, re-
ceive money
on deposit,
etc.

tion, association, municipality or public authority on such
terms as may be agreed upon; and otherwise, to deal in
exchange, foreign and domestic, or in every and all descrip-
tions of properties, personal effects, securities, mortgages,
land, certificates of indebtedness, warehouse receipts, stock
of incorporated companies, notes, loans and bonds of the
United States or any city, county or municipality, or of any
incorporated company, or of any individual; and for the pur-
pose of lending or borrowing money upon warehouse receipts;
the warehouse receipts issued by said corporation shall be in
every respect taken and considered, as if they were ware-
house receipts issued by third parties, and duly and legally
acquired by said corporation.

Deal in ex-
change, foreign
and domestic,
,etc.

SEC. 4. And be it further enacted, That the said corporation
be and it is hereby authorized and empowered to receive and
keep on deposits, storage or otherwise, upon such terms as
may be agreed upon, all such valuables as gold, silver or
paper money, bullion, precious metal, jewels, plate, certifi-
cate of stock, evidences of indebtedness, promissory notes,

Authority to
receive on
deposit valu-
ables of all
kinds, etc.