|
1116
|
LAWS OF MARYLAND.
|
|
 
|
rities, promissory notes, contracts, deeds or muniments of title,
|
|
 
|
or other valuable papers of any kind, or any other article or
|
|
 
|
thing whatsoever, and advance money thereupon on such terms
|
|
 
|
as may be established or approved by said corporation; and
|
|
 
|
that in all cases in which public officers or municipal or private
|
|
 
|
corporations are authorized to deposit money, stocks, bonds,
|
|
 
|
securities or evidences of debt, such deposits by said officers
|
|
 
|
or corporations may be made with said company ; and it may
|
|
 
|
and shall be lawful for any of the courts of this State or of any
|
|
 
|
other State or United States courts into which moneys, stocks,
|
|
 
|
bonds or other property may be paid or deposited by agree-
|
|
 
|
ment of parties, order, judgment or decree of such court,
|
|
 
|
to order and direct the same to be deposited with said corpora-
|
|
 
|
tion; and that any executor, administrator, trustee, assignee,
|
|
 
|
receiver, guardian, or committee, or State, county or municipal
|
|
 
|
government, or corporation, or public officer, or any person
|
|
 
|
or persons whatsoever having the custody or control of bonds,
|
|
 
|
stocks, securities, evidences of indebtedness, moneys or other
|
|
To maintain
vaults, etc.
|
valuables, belonging to others, shall be and is hereby author-
|
|
 
|
ized to deposit the same for safe keeping with said corporation ;
|
|
 
|
and for the complete preservation of all articles or things de-
|
|
 
|
posited for safe keeping, the said corporation may construct,
|
|
 
|
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.
|
|
Money subject
|
SEC. 14. And be it enacted, That the said corporation shall
|
|
to check.
|
have power to receive money on deposit subject to check or
|
|
 
|
otherwise, evidences of debt for Collection, for discount or
|
|
 
|
otherwise, merchandise, specie, plate, bullion, stocks, bonds,
|
|
 
|
promissory notes and all other personal property on storage,
|
|
 
|
or as collateral security, upon such terms as may be agreed
|
|
 
|
upon or established by said corporation, and shall have the
|
|
 
|
right to guarantee, endorse and secure the payment, punctual
|
|
 
|
performance and collection of notes, debts, due bills, bills of
|
|
 
|
exchange, contracts, bonds, accounts, claims, rents, annuities,
|
|
 
|
mortgages and interest thereon, choses in action, evidences
|
|
 
|
of debt, titles to property, real, personal and mixed, indebted-
|
|
 
|
ness of individuals or of copartnerships, firms, corporations or
|
|
 
|
joint stock companies, contracts or loans of State, cities, coun-
|
|
 
|
ties and municipalities, upon such terms or commissions as
|
|
 
|
may be agreed upon or established by said company and the
|
|
 
|
parties dealing therewith, and shall have power to act as the
|
|
 
|
fiscal or transfer agent of any State, municipality, body politic
|
|
 
|
or corporate, and in such capacity to receive and disburse
|