JAS. BLACK GROOME, ESQUIRE, GOVERNOR. 848

SEC. 7. And be it enacted. That any executor, ad-	Authorized to
ministrator, guardian or other trustee or public	deposit
officer having the control of any bonds, stocks, securi-
ties, moneys or other valuables belonging to others,
shall be authorized to deposit the same for safe
keeping with said company.
SEC. 8. And be it enacted, That the said company
is hereby authorized and empowered to grant an-
nuities upon such times and surrenders as the com-	To grant an-
pany shall approve; to enter surety and become	nuities
security for any person or persons for the faithful
performance of any trust, office, duty, contract or
agreement ; and it is further authorized to become
sole security in any and all cases where by law two
or more sureties are required for the faithful per-	To become sole security.
formance of any trust or office, if in the opinion of
the court the said security shall be sufficient, and
in everj7 such case the capital stock of the said com-
pany shall be taken and considered as sufficient
security therefor, but in snch case the officers and
affairs of said company shall be subject to examina-
tion, and its property and effects liable as aforesaid;
and it shall be lawful for said company to stipulate
and provide for indemnity from the person or per-
sons for whom it shall so become responsible, and to
enforce any contract, pledge or other security made
or given for that purpose as may be equitable and
fair.
SEC. 9. And be it enacted, That the said corporation
is authorized to take, have, hold and enjoy, all such	To have, hold.
estates, real, personal and mixed as may be obtained	and enjoy
by the investment of their capital stock, and all
other moneys or funds that may come into their pos-
session in the course of their dealing and business,
and the same to sell, grant, mortgage, lease and
dispose of at pleasure, and to execute, acknowledge
and deliver all deeds and other instruments of
writing concerning the same; provided, however,	Proviso.
that the said real estate so to be held by them should
be only that occupied as their office and place of
business, and such as may come into their possession
in satisfaction of any debt due to them upon mort-
gage, decree or judgment.
SEC. 10. And be it enacted, That the directors shall	Elected an-
be elected annually by the stockholders on the	nually.