LLOYD LOWNDES, ESQUIRE GOVERNOR.

and disburse money and transfer, register and countersign cer-
tificates of stock, bonds or other evidences of indebtedness
and the said corporation shall also have power and is hereby
authorized to take the management, custody and charge of
property, real, personal or mixed, and to advance money on
securities and credits, and upon any property, real, personal
or mixed, on such terms and with all such powers of sale, of
other disposition thereof, as by the charter or by laws of this
company, or by agreement in writing between the said com-
pany and the person or persons to whom advances, as afore-
said, may be made; and for the complete preservation of all
articles or things so deposited with said corporation as afore-
said, and for the safe keeping thereof, and for the conduct of
its business, the said corporation may contract for, erect, pur-
chase or lease such suitable buildings, and lire and burglar
proof vaults or safes, and all other means which may be or
become necessary to protect and keep the same.

707

SEC. 7. And be it further enacted, That the said corpo-
ration be and is hereby authorized to accept and execute as
fully as a natural person, trusts of any and every description,
which may be committed or transferred to it, with its consent,
by any person or persons, firms, bodies corporate or public, or
by any court in the United States, or by the courts of the
United States, and to accept the appointment and office of
executors orradministrators, of any kind or nature, whenever
such office or appointment is conferred, or made by any per-
son or persons, or by any orphans' court or other court, either
of this State or of any one of the United States, and that in all
cases where application shall be made to any court of this
State for the appointment of any receiver, trustee, administra-
tor, executor, assignee, guardian of any minors, or committee
of a lunatic, it shall and may be lawful for such court to
appoint the said corporation, with its assent, to act as such,
and the accounts of said corporation as such receiver, trustee,
administrator, executor, assignee, guardian or committee, shall
be regularly settled before the court making such appointment;
and upon such settlement and adjustment, all proper, legal
and customary charges, costs and expenses shall be allowed to
said corporation for its care and management of the trusts and
estates aforesaid, in accordance with the practice of the court
so appointing as in the case of natural persons when so ap-
pointed, and the said corporation, as such receiver, trustee,
administrator, executor, assignee, guardian or committee, shall
be subject to all lawful orders or decrees made by the said
court.

May execute
trusts, etc.