JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 29
clared, that the change of the name hereby made
shall in no wise affect the rights, privileges and
powers of said corporation, and shall in no wise im-
pair or affect existing contracts, engagements, debts
or liabilities of said corporation with or to other
persons, or of other persons with or to said corpora-
tion.
|
Not to affect.
|
SEC. 2. And be it enacted, That the said Safe De-
posit and Trust Company of Baltimore shall have
power to receive and hold on deposit and in trust
and as security, estate, real and personal and mixed,
including notes, bonds and obligations of States,
companies, corporations and individuals, and the
same to purchase, collect, adjust, settle, sell and dis-
pose of and upon such terms as may be agreed upon
between them and the parties contracting with them.
|
Powers.
|
SEC. 3. And be it enacted, That the said company,
be and they are hereby authorized to accept and ex-
ecute trusts of any and every description, which may
be committed or transferred with their consent to
them by any person or persons whomsoever, bodies
corporate or public, or by any court in the State of
Maryland, or in any one of the United States, and
to accept the office and appointment of executors or
administrators of any kind or nature whenever such
|
Authorized to
accept trusts.
|
office or appointment is conferred or made by any
person or persons or by any Orphan's Court or other
Court, either of this State or of the United States,
and that in all cases where application shall be made
to any court of this State for the appointment of any
receiver, trustee, administrator, executor, assignee,
guardian of any minors or committee of a lunatic, it
shall and may be lawful for such court, if it shall
think fit, to appoint the Safe Deposit and Trust
Company of Baltimore, with their assent, such re-
ceiver, trustee, administrator, assignee, guardian or
committee; and the accounts of the said company as
such receiver, trustee, administrator, executor, as-
signee, guardian or committee, shall be regularly
settled and adjusted before the tribunal; and upon
such settlement and adjustment, all proper, legal and
|
Appointments
|
customary charges, costs and expenses shall be
allowed to said company for their care and manage-
|
Fees.
|
|
|