JOHN WALTER SMITH, ESQ., GOVERNOR.

to any court of this State for the appointment of any receiver,
trustee, assignee, executor, administrator, guardian or com-
mittee, it shall and may be lawful for such court to
appoint the said corporation to act as such, and the accounts
of said corpora tion as such shall be regularly settled before the
court making such appointment, 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
management of the trusts and estates aforesaid, in accordance
with the practice of the court so appointing in the case of
natural persons when so appointed; and the said corporation,
as such receiver, trustee, assignee, executor, administrator,
guardian or committee, shall be subject to all lawful orders or
decrees made by the said court.

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SEC. 7. And be it enacted, That the said corporation be and
is hereby authorized and empowered to receive and keep on
deposit or storage or otherwise any articles, property, valu-
ables or papers of any kind whatsoever, and take charge and
custody of real and personal estates and securities, and advance
money thereupon; and it may be lawful for any court of this
State or United States court, into which-moneys, stock, lands
or other property may be paid or deposited by agreement of

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

parties, order, judgment or decree of such court, to order and
direct the same to be deposited with said corporation, and that
any receiver, trustee, assignee, executor, administrator,
guardian or committee, agent, public officer and municipal or
private corporation having the control of any bonds, stocks,
securities, moneys or valuables, shall be and is hereby author-
ized to deposit the same for safe-keeping with said corpora-
tion, and for the complete preservation of all articles or things
so deposited for safe-keeping, the said corporation may con-
struct, erect, purchase or lease such suitable buildings, and
all other means which may be or become necessary, and to
maintain and let for hire vaults, safes and like receptacles.

Courts, execu-
tors, trustees,
etc., may
deposit stocks,
bonds, money,
etc.

SEC. 8. And be it enacted, That whenever any court shall
appoint the said corporation a receiver, trustee or assignee,
executor, administrator, guardian or committee, or shall order
the deposit of money or other valuables of any kind with said
corporation, the capital stock of said corporation may be taken
and considered as the security required by law for the faith-
ful performance of any duty imposed upon it by the orders or
decrees of such Court, unless the said Court shall deem proper
to require further security; and the said corporation shall be
absolutely liable in case of any default whatever; such Court
may, from time to time, and whenever deemed advisable by

Capital stock
of said corpo-
ration as
security.