|
|
ELIHU E. JACKSON, ESQUIRE, GOVERNOR.
|
639
|
|
|
|
and mixed, as may be obtained with the moneys aforesaid, and
|
|
|
|
|
also with any, every and all other funds that may come into its
|
|
|
|
|
possession in course of its business dealings, and the same may
|
To Invest
and dis-
|
|
|
|
sell, grant, mortgage, lease and dispose of, in its discretion and at
|
pose of.
|
|
|
|
its will and pleasure, and execute, acknowledge and deliver all
|
|
|
|
|
deeds and legal papers and any instruments concerning the same.
|
|
|
|
|
SEC. 11. And be it enacted, That the said company shall be
|
|
|
|
|
and is hereby authorized and empowered to insure the fidelity of
|
|
|
|
|
persons holding places of trust or responsibility of any State, cor-
|
|
|
|
|
poration, company, person or per so as whatsoever; to endorse for
|
|
|
|
|
and to enter security and become security for the faithful per-
|
|
|
|
|
formance of any trust, office, duty, contract or agreement, and to
|
|
|
|
|
supersede any judgment, or to go upon any bond, to appeal from
|
|
|
|
|
any order, judgment or decree of any court of record; and it is
|
Insure
fidelity,&c
|
|
|
|
further authorized to become sole surety in all cases where by law
|
|
|
|
|
two or more sureties are required for the faithful performance of
|
|
|
|
|
any trust or office, and it shall and may be lawful for any court
|
|
|
|
|
to approve said compauy as sole surety in all such cases, and in
|
|
|
|
|
every such case the capital stock of the said company shall be
|
|
|
|
|
taken and considered as sufficient security therefor, but in such
|
|
|
|
|
cases the officers and affairs of said company shall be subject to
|
|
|
|
|
an examination, and its property and effects liable as aforesaid ;
|
|
|
|
|
and it shall be lawful for said company 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. 12. And be it enacted, That said company shall have power
|
|
|
|
|
to guarantee, endorse and secure the payments and punctual per-
|
|
|
|
|
formance and collections of notes, debts, bills of exchange, con-
|
|
|
|
|
tracts, bonds, accounts, claims, rents, annuities, mortgages, choses
|
To endorse
|
|
|
|
in action, evidences of debt, certificates of property or value, checks
|
|
|
|
|
and the titles to property, indebtedness of individuals of compa-
|
|
|
|
|
nies, partnerships, loans of States, cities, counties and municipal-
|
|
|
|
|
ities on such terms or commissions as may be agreed upon or
|
|
|
|
|
established by said company and the parties dealing therewith.
|
|
|
|
|
SEC. 13. And be it enacted, That said company may receive
|
|
|
|
|
upon storage, deposit or otherwise, merchandise, specie, plate,
|
|
|
|
|
bullion, stocks, promissory notes, certificates and evidences of
|
|
|
|
|
debt, contracts, and all other personal properties whatsoever, take
|
|
|
|
|
charge and custody of real and personal estates and securities and
|
To receive
|
|
|
|
advance money thereupon on such terms as may be established
|
|
|
|
|
or approved by said company; that in all cases in which public
|
|
|
|
|
officers or municipal or private corporations are authorized to
|
|
|
|
|
deposit money, stocks, bonds or evidences of debt, such deposits
|
|
|
|
|
by such, officers or corporations may be made with said company.
|
|
|
|
|
SEC. 14. And be it enacted, That it shall be lawful for said
|
|
|
|
|
company to sell at public auction or private sale in its discretion,
|
|
|