ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

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SEC. 16. And be it further enacted, That the said corporation

shall be and is hereby authorized and empowered to insure the

fidelity of persons holding places of trust or responsibility of any

State, corporation, company, person or persons whatsoever, to en-

dorse and become security for the faithful performance of any

trust, office, duty, contract or agreement, and to supersede any

judgment or become surety upon any bond for appeal from any

order, judgment or decree of any court of record or justice of the

peace; and it is further authorized to become sole surety in all

cases where by law two or more sureties are required for the faith-

Sole

ful performance of any trust or office, and it shall and may he

surety.

lawful for any court to approve said corporation as sole surety in

all such cases; and in every such case the capital stock of said

corporation shall be taken and considered as sufficient security

therefor, but in all such cases the affairs and effects of said cor-

poration shall be subject to an examination if the court should

deem it necessary, and the said court may examine under oath the

officers of said corporation in relation to the affairs, property and

effects of said corporation; and it shall be lawful for said cor-

poration to stipulate and provide for indemnity from the parties

aforesaid for whom it shall so become responsible, and to enforce

any bond, contract, agreement, pledge or other security made or

given for that purpose.

SEC. 17. And be it further enacted, That said corporation shall

have power to guarantee, endorse and secure the payment and

punctual performance and collection of notes, debts, bills of ex-

change, contracts, bonds, accounts, claims, rents, annuities, mort-

gages, choses in action, evidences of debt, certificates of property

or value, checks and the titles to property, real and personal, in-

debtedness of companies, partnerships, loans of States, cities,

counties, municipalities on such terms or commissions as may be

Powers

agreed upon or established Ly said corporation and the parties

dealing therewith; to act as the fiscal or transfer agent of any

State, municipality, body politic or corporation, and in such

capacity to receive and disburse money, and transfer, register and

countersign certificates of stock, bonds or other evidences of

indebtedness.

SEC. 18. And be it further enacted, That the said corporation

may receive upon storage, deposit or otherwise, merchandise,

specie, plate, stocks, promissory notes, certificates and evidences

of debt, contracts and all other personal properties whatsoever,

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take charge and custody of real and personal estates and securities,

and advance money thereupon on such terms as may be estab-

lished or approved by said corporation.

SEC. 19. And be it further enacted, That said corporation be

and it is hereby authorized and shall have discretionary powers

to invest at its pleasure moneys received on deposit, loan or other-