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ELIHU E. JACKSON, ESQUIRE, GOVERNOR.
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645
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SEC. 18. And be it enacted, That any individual, administrator,
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guardian, committee, receiver, assignee, trustee, State, county or
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Any trus-
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municipal government or corporation, or public officer, or any
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tee may
deposit
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person or persons acting for others, having the custody of any
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bonds, stocks, securities, moneys or valuables shall be authorized
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to deposit the same for safe keeping with the said company.
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SEC. 19. And be it enacted, That every court wherein such com-
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pany shall be appointed guardian, executor or administrator, com-
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Orders of
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mittee of a lunatic, receiver, trustee or depository of moneys, shall
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court.
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have power to make all orders and compel obedience thereto, and
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require said company to render all accounts which such court
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might lawfully make or require if said company was a natural
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person.
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SEC. 20. And be it enacted, That the board of directors of said
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company shall make all by-laws, rules and regulations, with power
to alter and amend the same, necessary for conducting the busi-
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By-laws.
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ness of the company, copies of which shall at all times be acces-
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sible to all persons transacting business with said company.
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SEC. 21. And be it enacted, That this act shall take effect from
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Effective.
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the date of its passage.
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Approved April 8, 1890.
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CHAPTER 542.
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AN ACT to change the name of the trust, deposit, loan, security,
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guarantee and insurance company of Baltimore county, to the
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Baltimore county trust company, and to declare and enlarge the
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powers of said corporation.
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SECTION 1. Be it enacted by the General Assembly of Maryland,
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That the corporate name of the trust, deposit, loan, security, guar-
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antee and insurance company of Baltimore county, a corporation
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Name
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incorporated under article twenty-three, of the Code of Public
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General Laws of Maryland, be and the same is hereby changed to
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the Baltimore county trust company, and by that name said com-
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pany shall have perpetual succession.
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SEC. 2. And be it enacted, That the capital stock of said com-
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pany, which by its certificate of incorporation, is fixed at two
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thousand shares, at fifty dollars each, being one hundred thou
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sand dollars, may be increased from time to time by a vote of the
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Capital
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stockholders, at an annual meeting or a special meeting to be
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stock
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called for that purpose, to any amount not exeeding two millions
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of dollars; and when not less than two thousand shares thereof
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have been subscribed, and ten per centum thereon paid-in, the
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stockholders may elect seven or more directors to serve until the
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