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650
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LAWS OF MARYLAND.
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or in any stock or property whatsoever, and dispose of said
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funds, stocks, money or property in such manner, not contrary
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to law, as to it shall appear most advantageous; fourteenth, to
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make insurance for the fidelity of persons holding places of re-
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sponsibility and of trust, and to become security for the faithful
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performance of the duties of any clerk or employee of any cor-
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poration, company, firm or individual; fifteenth, to act as security
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for the faithful performance of any contract entered into with
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any person or persons, corporation or corporations; sixteenth, to
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become security for the faithful performance of the duties of
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any national, State, county or municipal officer, and to execute
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such bonds or recognizances as may be required by law in such
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cases, and to become security in any other case when by law one
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or more securities may be required for the faithful performance
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of any trust, office, duty, action or engagement; seventeenth, to
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become security upon any writ of error or appeal in any proceed-
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ing instituted in any court of this State, and to supersede any
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judgment, decree or order for the payment of money obtained in
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Further
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any such court, and in any and every case whereby this act this
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power
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company is authorized to become security or superseder, any court
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or officer whose duty it is to approve such security or superseder
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may approve of this company as sole security or superseder, any
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law or regulation requiring two or more securities or superseders
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to be taken, to the contrary notwithstanding, and in every such
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case the capital stock, property and effects of this company shall
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be treated and considered sufficient security for the responsibility
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assumed by this company, unless the said court or officer shall
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consider it necessary- to require further security, and shall be
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absolutely liable for any default whatever; and it shall be lawful
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for this company in all cases where it becomes security or super-
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seder to stipulate and provide for indemnity from the parties for
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whom it becomes responsible as security or superseder, and to
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enforce any bond, contract, agreement, pledge or other security
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made or given, for that purpose.
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SEC. 10. And be it enacted, That this company be and is hereby
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authorized to accept and execute trusts of any and every descrip-
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tion which may be committed or transferred to it with its consent,
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by any person or persons whomsoever, body politic or corporation,
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or by any court of the State of Maryland, or of any other of the
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United States, or by any court of the United States, and to accept
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the office and appointment of executor or administrator of any
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kind or nature, whenever such office or appointment is made
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by any person or persons or by any orphans' court either of
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this State or any of the United States, and that in case
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where application is made to any court of this State, for
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the appointment of any receiver, assignee, guardian of a minor
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or minors, committee of a person non compos mentis, or of an
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habitual drunkard incapable of taking care of himself or herself,
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