740

LAWS OF MARYLAND.

United States, or by the courts of the United States, and to
accept the office and appointment of executors or administra-
tors of any kind or nature, whenever such office or appoint-
ment is conferred or made by any person or persons, or by any
Orphans' Court or other court, either of this State or 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, administrator, executor, assignee, guar-
dian 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, such receiver, trustee, administrator, assignee, guar-
dian or committee, and the accounts of such corporation as
such receiver, trustee, administrator, executor, assignee, guar-
dian or committee, shall be regularly settled before the court
making such appointments; 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 its trusts and estates, aforesaid, in accordance
with the practice of the courts so appointing in the case of
natural persons when so appointed; and the said corporation
as such receiver, trustee, administrator, executor, assignee, guar-
dian or committee, shall be subject to all lawful orders or
decrees made by said court.

May receive
money on
deposit, etc.

SEC. 7. And be it further enacted, That said company shall
have power to receive money on deposit, to act as agent for
the purpose of issuing, registering or countersigning certifi-
cates of stock, bonds or other evidence of debt of any State,
corporation, association, municipality or public authority on
such terms as may be agreed upon, to deal in exchange, foreign
or domestic, and in every and all description of properties,
personal effects, securities, mortgages, land, certificates of in-
debtedness, stocks of incorporated companies, notes, loans or
bonds of the United States, or of any city, county or munici-
pality, or of any incorporated company or any individual.

May Insure
fidelity of
public
officials.

SEC. 8. And le it further enacted, That the said company
shall be and is hereby authorized and empowered to insure the
fidelity of persons holding places of trust or responsibility in,
to or under any State, county, city, corporation, company, per-
son or persons whatsoever; to become security for the per-
formance of any trust, office, duty, contract or agreement, and
to supersede any judgments, or to go upon any appeal or other
bond; and it is further authorized to become sole security in
all cases where by law two or more sureties are required for
the faithful performance of any trust or office; and it shall and