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Session Laws, 1900
Volume 97, Page 978   View pdf image (33K)
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97

LAWS OF MARYLAND.

Executors,
guardians, etc.
may deposit
bonds, money,
etc.

SEC. 6. And be it enacted, That any executor or adminis-
trator, guardian or other trustee, or public officer, having the
control of any bonds, stocks, securities, moneys or other
valuables belonging to others, shall be and is hereby authorized
to deposit the same for safe-keeping with said company.

Investment
of capital
stock.

SEC. 7. 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 capital stock, and all other moneys or funds that may
come into their possession in the course of their dealings and
business; and the same to sell, grant, mortgage, lease, improve
and dispose of at their pleasure; and to execute, acknowledge
and deliver all deeds and instruments of writing concerning
the same.

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

SEC. S. 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
title or other valuable papers of any kind, or any other articles
or things whatsoever which may be left or deposited for safe-
keeping with said corporation; and it may and shall be lawful
for any of the courts of this State into which moneys, stocks,
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 corporation;
and it shall be entitled to charge such commission or compen-
sation therefor as may be agreed upon; and for the complete
preservation and safekeeping thereof may construct, erect,
purchase or lease such fire and burglar-proof building, vaults,
iron and composition safes, or other building or means which
may be or become necessary; and generally to transact and
perform all the business relating to such deposit and safekeep-
ing or preservation all such articles and valuables as may be
deposited with it.

Authority to
deal in real
and personal
property, loan
money, issue
bonds, etc.

SEC. 9. The said corporation shall be and it is hereby
authorized, either for itself or as agent, to buy, improve, sell,
lease or otherwise acquire and hold real and personal property
in the State of Maryland or elsewhere as fully and completely
as a natural person; to loan money upon, purchase, sell or
issue bonds or mortgages or debenture bonds upon the security
of real or personal estate in the State of Maryland or else-
where; to loan money upon real or personal security; to loan
money and to make advances, secured by mortgages, to be



 
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Session Laws, 1900
Volume 97, Page 978   View pdf image (33K)
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