ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

645

SEC. 18. And be it enacted, That any individual, administrator,

guardian, committee, receiver, assignee, trustee, State, county or

Any trus-

municipal government or corporation, or public officer, or any

tee may
deposit

person or persons acting for others, having the custody of any

bonds, stocks, securities, moneys or valuables shall be authorized

to deposit the same for safe keeping with the said company.

SEC. 19. And be it enacted, That every court wherein such com-

pany shall be appointed guardian, executor or administrator, com-

Orders of

mittee of a lunatic, receiver, trustee or depository of moneys, shall

court.

have power to make all orders and compel obedience thereto, and

require said company to render all accounts which such court

might lawfully make or require if said company was a natural

person.

SEC. 20. And be it enacted, That the board of directors of said

company shall make all by-laws, rules and regulations, with power
to alter and amend the same, necessary for conducting the busi-

By-laws.

ness of the company, copies of which shall at all times be acces-

sible to all persons transacting business with said company.

SEC. 21. And be it enacted, That this act shall take effect from

Effective.

the date of its passage.

Approved April 8, 1890.

CHAPTER 542.

AN ACT to change the name of the trust, deposit, loan, security,

guarantee and insurance company of Baltimore county, to the

Baltimore county trust company, and to declare and enlarge the

powers of said corporation.

SECTION 1. Be it enacted by the General Assembly of Maryland,

That the corporate name of the trust, deposit, loan, security, guar-

antee and insurance company of Baltimore county, a corporation

Name

incorporated under article twenty-three, of the Code of Public

General Laws of Maryland, be and the same is hereby changed to

the Baltimore county trust company, and by that name said com-

pany shall have perpetual succession.

SEC. 2. And be it enacted, That the capital stock of said com-

pany, which by its certificate of incorporation, is fixed at two

thousand shares, at fifty dollars each, being one hundred thou

sand dollars, may be increased from time to time by a vote of the

Capital

stockholders, at an annual meeting or a special meeting to be

stock

called for that purpose, to any amount not exeeding two millions

of dollars; and when not less than two thousand shares thereof

have been subscribed, and ten per centum thereon paid-in, the

stockholders may elect seven or more directors to serve until the