526

LAWS OF MARYLAND.

May receive
on deposit
gold, silver,
etc.

SEC. 8. And be it further enacted, That the said corpora-
tion shall be and is hereby authorized and empowered to
receive and keep on deposit all such valuables as gold, silver
or paper money, bullion, precious metals, jewels, plate, certifi-
cates of stock or evidences of indebtedness, deeds or muni-
ments of title or other valuable papers of any kind or any
other article or thing whatsoever, which may be left or de-
posited for safe keeping with said corporation; and it may
and shall be lawful for any of the courts of this State, into
which moneys, stocks, bonds or other property may be paid
or deposited by agreement of parties, order, judgment or decree
of said court, to order and direct the same to be deposited
with said corporation; and it shall be entitled to charge such
commission or compensation therefor as may be agreed upon ;
and for the complete preservation and safe keeping thereof,
may construct, erect, purchase or lease such fire and burglar-
proof buildings, vaults, iron and composition safes, or other
building or means which may be or become necessary, and,
generally, to transact and perform all the business relating to
such deposit and safe keeping or preservation of all such
articles as valuables as may be deposited with it.

Deposits by
courts.

SEC. 9. And be it further enacted, That when any court
shall appoint the said corporation a receiver, trustee, adminis-
trator, executor, assignee, guardian or committee, or shall order
the deposit of money or other valuables of any kind with said
corporation, the capital stock, as paid in, shall be taken and
considered as the security required by law for the faithful
performance of its duties; provided, the said court shall not
deem it necessary to require further security, and shall be
absolutely liable in case of any default whatever; the court, if it
deem necessary, may, from time to time, appoint suitable per-
sons to investigate the affairs and management of said corpo-
ration, who shall report to such court the manner in which
such investments are made, and the security afforded to those
by or for whom its engagements are held, and the expenses of
such investigation shall be defrayed by said corporation; or
the court may, if it deem necessary, examine the officers of
said corporation, under oath or affirmation, as the secretary
aforesaid.

Dissolution of
corporation.

SEC. 10. And be it further enacted, That in case of the
dissolution of said corporation, the debts due from the corpo-
ration as receiver, trustee, administrator, executor, assignee,
guardian or committee or depository of money, under order