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Session Laws, 1904
Volume 209, Page 384   View pdf image
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384

LAWS OF MARYLAND.

 

them ; and said company shall have the power to receive money

 

subject to check, to buy and sell exchange, both domestic and

 

foreign, stocks, bonds, coin and bullion, and to lend money on

 

personal or other security.

 

SEC. 5. And be it enacted, That the said company be and it

Company au-
thorized to act

is hereby authorized to act as trustee in or any mortgage, bond

as trustee.

or other instrument or evidence of debt issued by any munici-

 

pality, body politic or corporation of the United States of

 

America, or of any State or any one of the United States, or

 

of any colony, province or dependency of the United States, or

 

of any foreign country or government, or of any colony.

 

province, department, city or county of any foreign country; and

 

to accept and execute trusts of any and every description as ful-

 

ly as a natural person could, which may be committed or trans-

 

ferred with its consent to it by any person or persons whom-

 

soever, bodies corporate or politic, wherever domiciled, organ-

 

ized or doing" business, or which may be committed to it by any

 

court in the State of Maryland, in the United States, in any

 

one of the States of the United States, or in any colony,

 

province or dependency of the United States, or which may be

 

committed to it by any court in any foreign country or gov-

 

ernment, or in any colony, province, department, city or county

 

of any foreign government, and to accept the office and ap-

Executor or
administra-

pointment of executor or administrator of any kind or nature

tor.

whenever such office or appointment is made by any person

 

or persons or by any Orphans' Court or other court, either of

 

the State of Maryland or of any other State, or of the United

 

States, or of any foreign country or government, or of any

 

colony, province, department, city or county of any foreign

 

gvernment; and that in all cases where application shall be

 

made to any court of this State, or of any other State, or of

 

the United States, or of any colony, province or dependency

 

of the United States, or of any foreign country or government,

 

or of any colony, province, department, city or county of any

 

foreign government, for the appointment of any receiver,

 

curator, trustee, administrator, executor, assignee, guardian,

 

committee or other fiduciary, it shall and may be lawful for

 

such court, if it shall think fit, to appoint "The Century Trust

 

Company," with its assent, such receiver, curator, trustee, ad-

Settlement and
adjustment as

ministrator, executor, assignee, guardian, committee or other

trustee, etc.

fiduciary, and the accounts of said company as such receiver,

 

curator, trustee, administrator, executor, assignee, guardian,

 

committee or any other fiduciary, shall be regularly adjusted

 

and settled before the tribunal having jurisdiction thereof,

 

and, upon such settlement and adjustment, all proper, legal



 
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Session Laws, 1904
Volume 209, Page 384   View pdf image
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