1058

LAWS OF MARYLAND.

SEC. 9. And be it enacted, That said company may receive

Rights of

upon storage, deposit or otherwise, merchandise, specie, plate,

company.

bullion, stock, promissory notes, certificates and evidences of

debt of any kind, contracts and all other personal property,

and advance moneys thereupon on such terms as may be es-

tablished or approved by said company; that in all cases in

which public officers or municipal or private corporations are

authorized to deposit money, stocks, bonds or evidences of

debt, such deposits by such officers or corporations may be

made with said company.

SEC. 10. And be it enacted, That the said company be and

Authority

it is hereby authorized to accept and execute trusts of any

given to cor-
poration.

and every description which may be committed or transferred,

with their consent, to them by any person whomsoever, bodies

corporate or public, or by any court in the State of Maryland,

or in any one of the United States, and accept the office and

appointment of executors or administrators of any kind or

nature, whenever such office or appointment is conferred or

made by any person or persons, or by any Orphans' Court

or other courts, either in this State or in any one 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 or com-

mittee of a lunatic or minor,, it shall and may be lawful for

such court, if it shall think fit, to appoint the Real Estate

Trust and Banking Company, with their assent, such receiver,

trustee, administrator, assignee, guardian or committee, and

the accounts of said company as such receiver, trustee, ad-

ministrator, executor, assignee, guardian or committee, shall

be regularly settled and adjusted before the tribunal, and

upon such settlement and adjustment all proper legal and cus-

tomary charges, costs and expenses shall be allowed the said

Care and man-

company for their care and management of the trusts and

agement of
estates.

estates aforesaid, and the said company as such receiver,

trustee, administrator, executor, assignee, guardian or com-

mittee, shall be subject to all orders or decrees made by the

proper tribunal under the laws of the State.

SEC. 11. And be it enacted, That when any court shall ap-

Company ab-
solutely liable
for any de-

point the said company as receiver, trustee, administrator,
executor, assignee, guardian or committee, or shall order the

fault.

deposit of money or other valuables of any kind with said

company, the capital stock as paid in shall be taken and consid-

ered as the security required by, law for the faithful perform-

ance of said company's duties, unless court so appointed shall