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Session Laws, 1904
Volume 209, Page 167   View pdf image
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EDWIN WARFIELD, ESQ., GOVERNOR.

167

SECTION i. Be it enacted by the General Assembly of Mary-
land, That a new section be and it is hereby added to Arti-

Safe Deposit
Companies

cle 23 of the Code of Public General Laws of Maryland, tilte

 

"Corporations," to be known as Section 221 A, sub-title "Safe

 

Deposit Companies," and to follow Section 221 of said Arti-

 

cle, which new section shall read as follows.

 

SAFE DEPOSIT COMPANIES.

 

221 A. No safe deposit company, incorporated under the

 

laws of this State or any other State, the District of Columbia,

Refusing ac-
cess to vaults

or any territory of the United States, and engaged in the

of an individ-

business of renting out locked boxes or safes for the storage or

ual member
of joint fidu-

safe keeping of securities and valuables, in a vault in its build-

ciaries.

ing or under its control, within this State, and no corporation

 

engaged in said business within this State, shall permit entry

 

or access to be made by one of any two or more co-trustees,

 

co-executors or administrators, or other joint fiduciaries, to

 

whom it shall have rented a safe or box in such vault for the

 

storage or safe keeping of securities or other valuables belong-

 

ing to their trust estate, nor permit such entry or access in

 

such cases to be made otherwise than by all of such lessees

 

in person, their survivors or successors ; nor, where such

 

safe or box: is rented to a single trustee, executor, administra-

 

tor or other fiduciary for such purpose, permit such entry or

 

access otherwise than by such trustee or other fiduciary in

 

person or- his successors ; provided, however, that where it is

 

otherwise stipulated in writing in the lease of such box or safe,
signed by all of such lessees, or where a written power of

Written auth-
ority necessa-

attorney or other written authority is filed with such company,

ry-

signed by all the lessees, or by the one or more conferring

 

such power on the other or others, authorizing such entry

 

and access by one or more of their number, or by a deputy

 

therein duly named and authorized, then in such cases entry

 

may be permitted in accordance with the provisions of such

 

written lease or authority.

 

Approved March 17, 1904.

 

CHAPTER 93.

 

AN ACT to repeal Chapter 589 of the Acts of 1902, entitled

 

"An Act to regulate the payment of wages by corporations or

 

associations engaged in mining or quarrying, manufacturing,

 

operating steam or electric railroads, street railways, tele-

 

graph, telephone and express companies doing business in

 

Maryland," and to re-enact the same as follows :

 


 
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Session Laws, 1904
Volume 209, Page 167   View pdf image
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