S60

LAWS OF MARYLAND.

whom it shall eo become responsible, and to enforce any bonds
contract, agreement, pledge or other security made or given for
that purpose.

Investment
of funds of
company.

SEC. 15. And be it enacted, That the said corporation shall
have power to invest its capital and the increment thereof, or
such funds as may be deposited with the said corporation for
that purpose, from time to time, in the public funds of the
United States or in any stock or property whatsoever, and to
dispose of said stocks, money, property, in any such manner,
(not contrary to law) as may appear most advantageous to the
said corporation; and to take, have, hold and enjoy all such
estates, real, personal and mixed, as may be obtained by the
investment of the capital of said corporation, and all other
moneys or funds that may come into their possession in the
course of their dealing and business, and the same to sell, grant,
mortgage, lease, and dispose of at pleasure, and to execute,
acknowledge and deliver all deeds and other instruments of
writing concerning the same; provided, however, that the said
corporation shall make no investment or disposition of any
money or property deposited with or held by it under the order
or decree of any court without the authority of such court,
first had and obtained.

Subject to
Act of 1892,

SEC. 16. And be it enacted, That said corporation shall be
subject at all times to the provisions of the Act of 1892, chap-
ter 109, and 279.

Right of
repeal.

SEC. 17. And be it enacted, That the General Assembly of
Maryland reserves the right to repeal, alter or amend this act
at its pleasure.

Effective.

SEC. 18. And be it enacted, That this act shall take effect
from tho date of its passage.
Approved April 4, 1896.