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Session Laws, 1900
Volume 97, Page 985   View pdf image (33K)
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JOHN WALTER SMITH, ESQ., GOVERNOR.

certificates of stock or evidence of indebtedness, deeds or
muniments of title 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 lawful for any of the courts of this State, into
which moneys, stocks, bonds, or other property may be paid
or deposited by agreement of parties, order, judgment or
decree of said courts, to order and direct the same to be
deposited with said corporation, and it shall be entitled to
charge such commission or compensation therefor as may be
agreed upon; and for the complete preservation and safe-
keeping thereof may construct, erect, purchase or lease such
fire and burglar-proof buildings, vaults, iron and composition
safes, or other buildings or means which may be or become
necessary, and generally to transact and perform all the busi-
ness relating to such deposit and safe-keeping or preservation
of all such articles or valuables as may be deposited with it.

985

SEC. 13. And be it enacted, That the said corporation shall
be and it is hereby authorized either for itself or as agent
to buy, 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 deben-
ture bonds, upon the security of real or personal estate
in the State of Maryland or elsewhere; to loan money
upon real or personal security; to loan money and to make
advances, secured by mortgages, to be paid upon such
terms at such time and in such installments as may be
approved by said corporation; to loan and borrow money for
any of the corporate purposes of said corporation; to receive
money on deposit; to have discretionary power to invest at
its pleasure its capital and the increment thereof, and all
moneys received in the course of its business transactions, and
to take, have, hold and enjoy all such estates, real or
personal, as may be obtained with the moneys aforesaid,
and to execute, acknowledge and deliver all deeds and
any legal papers, and any instruments concerning the same;
to collect ground-rents, interest on mortgages, dividends
and incomes of all kinds, and to have the management and
custody of all kinds of property on such terms as it may
arrange.

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

SEC. 14. And be it enacted, That the corporation shall have
power to act as the fiscal or transfer agent of any State, muni-
cipality, body politic or corporate, and in such capacity to t
receive and disburse money, and transfer, register and

Power to act
as fiscal or
transfer agent.



 
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Session Laws, 1900
Volume 97, Page 985   View pdf image (33K)
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