54

LAWS OF MARYLAND.

Deposits by
courts.

SEC. 1. And be it further enacted, That any and every
court into which monies may be paid or deposited by agree-
ment of parties, order, judgment or decree of such court, may
order and direct the same to be deposited with said company
and any individual or administrator, guardian or committee,
receiver, assignee, trustee, State, county or municipal govern-
ment or corporation or public officer, or any person or persons
acting for others, having the custody of any bonds, stocks,
securities, monies or valuables, shall be authorized to deposit
the same for safe keeping with the said company.

May secure
payment of
notes, etc.

SEC. 8. And be it further enacted, That said company shall
have power to guarantee, endorse and secure payment and
punctual performance and collection of notes, debts, bills of
exchange, contracts, bonds, accounts, claims, rents, annuities,
mortgages, choses in action, evidences of debts, certificates of
property of value, checks and titles to property, indebtedness
of individuals, of companies, partnerships, contracts, loans of
States, cities, counties and municipalities, on such terms or
commissions as may be agreed upon or established by said
company and the parties dealing therewith.

May receive
upon stor-
age plate,
etc.

SEC. 9. And be it enacted, That said company may receive
upon storage, deposit or otherwise, merchandise, specie, plate,
bullion, stock, promissory notes, certificates and evidences of
debts, contracts and all other personal property, and advance
money thereupon on such terms as may be established or
approved by said company; that in all cases in which public
officers or municipal or private corporations are authorized to
deposit money, stocks, bonds or evidences of debt, such deposits
by said officers or corporations may be made with said com-
pany.

May execute
trusts of
every des-
cription.

SEC. 10. And be it enacted, That said company may and it
is hereby authorized to accept and execute trusts of any and
every description which may be committed or transferred with
their consent to them by any person or persons whomsoever,
bodies corporate or public, or by any court in the State of
Maryland or in any one of the United States; and to accept
the office and appointment of executors and administrators of
any kind or nature, whenever such office or appointment is con-
ferred or made by any person or persons or by any Orphans'
Court or other court, either in this State or in any one of the
United States; and that in all cases in which application shall
be made to any court of this State for the appointment of any
receiver, trustee or administrator, executor, assignee, guar-