ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

633

as they may deem proper; provided, that no dividend shall be de-

clared when the capital stock would be impaired thereby.

SEC. 9. And be it further enacted, That the directors of the cor-

poration hereby created shall have power to enact and adopt such

By-laws

rules, regulations and by-laws for the government and manage-

ment of the affairs of said, corporation as they may deem advan-

tageous to the interests thereof; provided, the same be not con-

trary to law.

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

hereby authorized to accept and execute as fully as a natural per-

son trusts of, any and every description which may be committed

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

whomsoever, bodies corporate or public, or by any court in the

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

Trusts.

courts of the United States, and to accept the office and appoint-

ment of executors or administrators of any kind or nature, when-

ever such office or appointment is conferred, or made by any per-

son or persons, or by any orphans' court, or other court, either of

this State or any one of the United States; and that in all cases

where application shall be made to any court of this State for the

appointment of any receiver, trustee, administrator, executor,

assignee, guardian of any minors, or committee of a lunatic,

it shall and may be lawful for such court to appoint the said

corporation, with its assent, such receiver, trustee, administra-

tor, assignee, guardian or committee, and the accounts of said

corporation as such receiver, trustee, administrator, executor,

assignee, guardian or committee, shall be regularly settled before

the court making such appointment; 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, in accordance with

the practice of the court so appointing in the case of natural per-

sons Avhen so appointed; and the said corporation, as such receiver,

trustee, administrator, executor, assignee, guardian or committee,

shall be subject to all lawful orders or decrees made by the said

court.

SEC. 11. And be it further enacted, That the said corporation

shall be and is hereby authorized and empowered to receive and

keep on deposit all such valuables as gold, silver or paper money,

bullion, precious metals, jewels, plate, certificates of stock or evi-

dences of indebtedness, deeds or muniments of title or other valu-

able papers of any kind or any other article or thing whatsoever

May re-

which may be left or deposited for safe keeping with said corpo-

ceive.

rations; and it may and shall be lawful for any of the courts of

State into which moneys, stocks, bonds or other property may be

paid or deposited by agreement of parties, order, judgment or

decree of said court, to order and direct the same to be deposited