1876. OF THE SENATE. 871

tution and re-enactment of Section 29 thereof, shall not ex-
ceed the sum of one half million of dollars, to be divided into
shares o\ twenty-five dollars, with power to increase the same
to an amount not exceeding one million of dollars, in accord-
ance with the provisions of this Article; the capital shall be
invested in bonds and mortgages on real or leasehold estate,
worth double the amount loaned thereon; or in stocks of the
United States, or in stocks, securities or bonds of the United
States, or of incorporated cities, authorized to be issued by
law, or in such rent estate as may be required for the use of
the Company in the erection of a suitable building in which to
carry on its business; and shall be further subject to all the
provisions of Section 100 of this Article, as if it were and to
the same extent as a Life Insurance Company, incorporated
under this Article, and to all the general regulations appli-
cable to all corporations formed under this Article, their ben-
efit and provisions, not inconsistent with this Act.

B, Any Trust Company incorporated under this Article,,
shall have power to receive money in trust, and accumulate
the same at such legal rate of interest as may be obtained or
agreed on, or to allow such interest thereon as may be agreed
on, not exceeding the legal rate; to accept and execute all
such trusts of every description not inconsistent with the law
of this State, as may be committed to them by any person or
persons whatsoever, or by any corporation, or by order or
decree, or authority of any Court of Record, to take and ac-
cept by grant, gilt, assignment, transfer, devise or bequest,
and hold any real, personal or mixed estate, personal estate
or trust created in accordance with law, und execute such
legal trusts in regard to the same, on such terms as may be
agreed upon, established or declared in regard thereto- to
act as agent for the purpose of issuing, registering or coun-
tersigning certificates of stock, bonds or other evidence of debt
of any corporation, associdtiori, municipality or public au-
thority, on such terms as may be agreed upon; to accept
from and execute trusts for married women in respect of their
separate property or estate, whether real, personal or mixed,
to act as agents for them in the management of their prop-
erty. In all casts where an application shall be made to
any Court, of the State, or Orphans' Court, having jurisdic-
tion, for the appointment of a guardian of the estate of any
infant or Committee of any lunatic, the annual income of
whose estate shall exceed one hundred dollars, the said Court
shall have power to appoint such Trust Company on the ap-
plication of the minor, or his or her next friend or guardian,
or upon the application of the Committee of a lunatic. Any
and every Court into which moneys may be paid or deposited
by agreement of parties, order or judgment of, any suck