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Session Laws, 1904
Volume 209, Page 352   View pdf image
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352

LAWS OF MARYLAND.

 

dealings and business, and the same to sell, rent, mortgage

 

and dispose of at its pleasure and to acknowledge and de-

 

liver all deeds and other instruments of writing concerning

 

the same.

To guarantee
against loss

15. That said company be and it is hereby authorized and
empowered to insure, guarantee and indemnify any person

by accident,
theft, etc.

or persons, firm or corporation, against any and all loss, dam-

 

age or liability arising from or occasioned by accident, theft,

 

robbery or burglary, and to execute and perfect all such instru-

 

ments as may be required therefor.

 

16. That said company may take and receive upon deposit

Safe keeping
of merchan-

as bailee for safe keeping and storage or otherwise merchan-

dise, bullion,
plate, etc.

dise, chattels, paper money, specie, jewelry, plate, bullion,

 

stocks, bonds, promissory notes, securities, certificates and evi-

 

dences of debt, contracts, deeds and all other valuable per-

 

sonal property, and guarantee their safety, and advance money

 

thereupon on such terms and for such compensation as may

 

be agreed upon by it and the respective bailors thereof ; to own

 

and control and to let out burglar-proof vaults, safes, safe

 

deposit boxes and other receptacles which may be or be-

 

come necessary for the uses and purposes of said company;

 

and in all cases in which public officers, or municipal, or private

 

corporations are authorized to deposit money, stocks, bonds

 

or other evidences of debt, such deposit by such officers or

 

corporations may be made for safe keeping with said company.

 

SEC. 17. And be it enacted, That this Act shall take effect

 

from the date of its passage.

 

Approved April 1, 1904.

 

CHAPTER 217.

 

AN ACT to extend the privilege and enlarge the powers,

 

amend and ratify the charter of the Bank of Delmar, of Del-

 

mar, Wicomico County, Maryland.

 

WHEREAS, The Bank of Delmar, of Delmar, Wicomico

Enlarging the

County, Maryland, was duly incorporated the fourteenth day

powers of the
Bank of Del-

of December 1896, as a savings and banking institution under

mar.

the provisions of the General Laws of the State relating to

 

the creation and regulation of incorporated companies in the

 

State of Maryland, with a capital stock of twenty-five thousand

 

dollars, divided into two hundred and fifty shares, with the

 

privilege of increasing its capital stock, and is desirous of ex-

 

tending its privileges and enlarging the powers of the said

 

corporation ; therefore,



 
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Session Laws, 1904
Volume 209, Page 352   View pdf image
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