634

LAWS OF MARYLAND.

application shall be made to any court in the State of Mary-

land, or elsewhere, for the appointment of any receiver, trus-

tee, administrator, executor, assignee, guardian or committee,

it shall and may be lawful for such court, if it shall think

proper, to appoint said body corporate, with its assent, such

receiver, trustee, administrator, executor, assignee, guardian

or committee, and the accounts of said corporation, as such

receiver, administrator, executor, assignee, guardian or com-

mittee, shall be regularly settled and adjusted before the

tribunal having jurisdiction, and upon such settlement and

adjustment, all proper, legal and customary charges, costs

and expenses shall be allowed to said corporation for its care

and management of the trusts and estates aforesaid, and the

Subject to or-

said corporation, as such receiver, trustee, administrator, ex-

ders and de-
crees of

ecutor, assignee, guardian or committee, shall be subject to

proper tri-
bunal.

all orders or decrees of the proper tribunal in the premises

under the laws of the State wherein such tribunal shall or

may exercise its jurisdiction.

SEC. 9. And be it enacted, That the said corporation is

To have and
hold estates.

authorized to take, have, hold and enjoy all such estates, real,

personal and mixed, as may be obtained by the investment

of its capital stock or assets, or that may come into its pos-

session in the course of its dealings and business ; and the

same to sell, grant, mortgage, lease and dispose of at pleas-

ure, and to execute, acknowledge and deliver all deeds and

other instruments of writing concerning the same.

SEC. 10. And be it enacted, That the said corporation shall

Powers grant-
ed to receive

have power to receive money on deposit, to act as agent for

money on de-
posit.

the purpose of issuing, registering, countersigning or under-

writing certificates of stocks, bonds or other evidence of debt

of any State, county, city, municipality or public authority,

corporation, association or individual, on such terms as may

be agreed upon ; to deal in exchange, foreign and domestic,

and in every and all descriptions of property, personal effects,

securities, mortgages, laud, certificates of indebtedness, stocks

of incorporated companies, notes, warehouse receipts, and

bills of lading, loans and bonds of the United States or any

city, county or municipality, or any incorporated company

or any individual.

Right to incor-

SEC. 11. And be it enacted, That the corporation hereby in-

porate with

corporated shall have the right and power to at any time unite

other com-
panies of like

or consolidate with any other corporation or corporations

character.

which may be incorporated for any one or more of the pur-

poses set forth in this Act, or which may be authorized to ex-