EDWIN WARFIELD, ESQ., GOVERNOR.

633

vided, only that such investment shall, when made, be there-

upon advertised in the amount thereof, and for the time or

period whereof, in some newspaper published in the city or

county where the principal office of place of business, as the

case may be, of such person, persons, firm, firms, copart-

nership, copartnerships, corporation, corporations, joint stock

company or joint stock companies, shall be located or intended

to be located, once a week for three successive weeks, and said

body corporate hereby incorporated shall, upon making such

investment, have, with regard to such business or enterprise,

the full rights and privileges of a general partner therein,

and shall be liable for the payment of such claims and demands

Liable for pay-
ment of

as may be or may have been incurred by such person, per-

claims, etc.

sons, firm, firms, copartnership, copartnerships, corporation,

corporations, joint stock company or joint stock companies,

for and on account of and for the benefit and advantage

of such business or enterprise only to the extent of the invest-

ment so made and advertised and to no other or greater extent.

SEC. 7. And be it enacted, That the said body corporate shall

have the right to receive money on deposit, evidence of debt

for collection, for discount or otherwise, chattels, stocks, bonds

Right to do a

and all proper writings on storage or as collateral security

general bank-
ing business.

upon such terms as may be agreed upon or established by

said corporation, and shall have the right to guarantee, en-

dorse and secure the payment, punctual performance and

collection of notes, debts, due bills, bills of exchange, con-

tracts, bonds, accounts, claims, rents, annuities, mortgages

and interest thereon, choses in action, evidences of debt, checks,

titles to property, indebtedness of individuals or copartner-

ships, firms, corporations or joint stock companies, loans of

States, cities, counties and municipalities, upon such terms

as may be agreed upon or established by the said corpora-

tion.

SEC. 8. And be it enacted, That the said body corporate

be and it is hereby authorized to accept and execute trusts

Authority to
execute

of every and any description, which may be committed or

trusts, act as
executor,

transferred, with its consent, to it by any person or persons

etc.

whomsoever, bodies corporate or public, or by any court of

the State of Maryland, or in any one of the United States,

and to accept the office and appointment of executor or ad-

ministrator of any kind or nature, whenever such office or

appointment is conferred or made by any person or persons,

or by the Orphans' Court or other court, either of this State

or any of the United States, and that in all cases where