JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 377
to such court, the manner in which such investments
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are made, and the security afforded to those by or
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for whom its engagements are held ; and the ex-
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penses of such investigation shall be defrayed by the
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said company, or the court may, if deemed neces-
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sary, examine the officers of said company, under
oath or affirmation, as to the security aforesaid.
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SEC. 7. And be it enacted, That any executor, ad-
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ministrator, guardian or other trustee or public
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Deposit
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officer having control of any bonds, stocks, securities,
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monies or other valuables belonging to others, shall
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be authorized to deposit the same for safe keeping
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with said company.
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SEC. 8. And be it enacted, That the said company
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is hereby authorized and empowered to grant an-
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Grant annuties
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nuities upon such terms and surrenders as the com-
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pany shall approve; to enter surety, and become
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security for any person or persons for the faithful
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performance of any trust, office, duty, contract or
agreement; and it is further authorized to become
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sole surety in any and all cases where, by law, two
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or more sureties are required for the faithful per-
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formance of any trust or office, if, in the opinion of
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the court, the said security shall be sufficient; and in
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every such case the capital stock of the said company
shall be taken and considered as sufficient security
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Capital stock
security.
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therefor; but in such case the officers and affairs of
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said company shall be subject to examination, and
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its property and effects liable as aforesaid; audit
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shall be lawful for said company to stipulate and
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provide for imdemnity from the person or persons
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for whom it shall so become responsible, and to en-
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force any contract, pledge or other security, made
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or given for that purpose as may be equitable and
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fair.
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SEC. 9. And be it enacted, That the said corpora-
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Take, hold and
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tion is authorized to take, have, hold and enjoy all
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enjoy.
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such estates, real, personal and mixed, as may be
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obtained by the investment of their capital stock, and
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all other monies or funds that may come into their
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possession in the course of their dealing and busi-
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ness ; and the same to sell, grant, mortgage, lease,
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and dispose of at pleasure, and to execute, acknow-
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ledge and deliver all deeds and other instruments of
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