WM. T. HAMILTON, ESQUIRE, GOVERNOR.

749

mortgage or otherwise, to members or others; pro-

vided that in case of the death of the person to

whom such advances may be made or such credit

granted, or in case of death of any other person

designated by agreement previous to the payment

of all or any part of the money so advanced, or

previous to the total or partial discharge of the

credit so granted, the whole of the money so ad-

Considered at

vanced shall be considered as paid, and the whole

paid.

of the credit so granted shall be considered as dis-

charged; pr in case a part of said money shall have

been paid, or a part of said credit shall have been

discharged before such death, then the balance of

the payments falling due after such death shall be

considered as cancelled; but all payments that shall

become due before such death, and remain unpaid

at the time thereof, shall be due and payable as if

said death had not occurred.

SEC. 3. And be it enacted, That this company

is hereby authorized to guarantee, in case of the

death or temporary disability caused by sickness or

accident, the payment, punctual performance and

Guarantee

collection of promissory notes, bills of exchange,

punctual col-
lection.

contracts, bonds, accounts, claims, rents, annuities,

mortgages, choses in action, evidences of debt and

certificates of property, or value, and the titles to

property, real, personal or mixed, on such terms as

may be established by the board of directors of this

company; and this company shall also have power,

and is hereby authorized in and about the prosecu-

tion of their business, to hold and acquire any real

or leasehold estate or personal property, and the

same from time to time to sell, assign, transfer, con-

vey or otherwise dispose of; also, to receive on

Paid and ac-

storage, deposit or otherwise, merchandise, bullion,

quire.

specie, plate stock, bonds, promissory notes, certifi-

cates and evidences of debt, contracts or other prop-

erty, and to take the management, custody and

charge of real or personal estate or property, and to

advance money, securities and credits upon any

property, real, leasehold, personal or mixed, on such

terms and with all such powers of sale and other

disposition thereof as shall be established by the

charter or by-laws of this company, or by the agree-

ment in writing between the said company and the