708

LAWS OF MARYLAND.

May receive
on storage
plate, 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 storage, deposit or otherwise, all such val-
uables as gold, silver or paper money, bullion, precious metals,
jewels, plate, certificates of stock, bonds, promissory notes, cer-
tificates or evidences of indebtedness, deeds or muniments of
title or other valuable papers of any kind, or any other article
or thing whatsoever, which may be left or deposited 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 or composi-
tion safes, or other building or means which may be or become
necessary, and generally to transact and perform all the busi-
ness relating to such deposit and safe keeping, or preservation
of all such articles or valuables as may be deposited with it,
and to let compartments therein for hire.

Liability of
company.

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 per-
formance 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 persons to
investigate the affairs and management of said corporation,
who shall report to such court the manner in which such
money or valuables are kept or invested, and the security
afforded to those by or for whom its engagements are held,
and the expense of such investigations shall bo defrayed by
said corporation, or the court may, if it deem necessary, exam-
ine the officers of said corporation under oath or affirmation as
to the security aforesaid.

Dissolution
of ccmpan

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