EDWIN WARFIELD, ESQ., GOVERNOR.

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shall have been made, the same, like all moneys deposited with

said company by individuals or corporations shall be at all

times subject to withdrawal by the check or order of the per-

sons entitled and duly authorized to withdraw the same.

SEC. 11. And be it enacted, That said company is authorized

and shall have discretionary power to invest at its pleasure all

Discretionary

money received on deposit, loan or otherwise; in all cases in

powers.

which public officers or municipal or private corporations or

other persons are authorized to deposit money, stocks, bonds

or evidences of debt, such deposits by such officers or corpora-

tions or other persons may be made with said company upon

such terms and upon such liability as may be agreed upon, but

any deposit of money made by such officers or corporations or

other persons unless otherwise stipulated, shall be regarded as

an ordinary, general deposit made according to the custom and

usage of banking ; and said company shall have power and au-

thority to provide rules, regulations, by-laws or other means

for and to determine all matters of arbitrament or award re-

Matters of ar-

ferred or submitted to it by order of any court, or as may be

bitrament.

agreed upon, provided or established b)- said court or by said

parties.

SEC. 12. And be it enacted, That the said company shall be,

and it is hereby authorized and empowered to receive and keep

Safe keeping

on deposit., as bailee for safe keeping and storage, all valuables,

and storage.

gold, silver or paper money, bullion, precious metals, jewels,

plate, certificates of stock, or evidences of indebtedness, deeds

or muniments of title, or other valuable paper of any kind, or

any other article or thing whatsoever, which may be left or de-

posited for safe keeping with said company, and guarantee-

ing their safety upon such terms and for such commissions or

compensation as may be agreed upon ; and for the complete

preservation and safe keeping thereof is hereby authorized to

construct, erect, purchase, lease or rent such fire or burglar-

proof building, vaults, iron or composition safes or other means,

which may be or become necessary, and let vaults, safes and

other receptacles for such uses and purposes, and generally

To let vaults,

to transact and perform all the business relating to such deposit

safes, etc.

and safe keeping or preservation of all such articles or valu-

ables as may be deposited with said company.

SEC. 13. And be it enacted, That said body corporate shall

have the right to make examinations and reports of the accounts

Right to audit
accounts of

and financial condition of corporations, firms or individuals

firms, banks,
etc.

for the use of banks, other financial institutions, banking firms

or others proposing to make contracts with or to afford credit