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Session Laws, 1896 Session
Volume 475, Page 741   View pdf image (33K)
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LLOYD LOWNDES, ESQUIRE, GOVERNOR.

may be lawful for any court, register, clerk or other officer to
approve said company as sole surety in all such cases, but in
such cases the officers and affairs of said company may be sub-
ject to an examination by said court, register, clerk or other
officers; and it shall be lawful for said company to stipulate
and provide for indemnity from the parties aforesaid for whom
it shall so become responsible, and to enforce any bond, con-
tract, agreement, pledge or other security made or given for
that purpose.

741

SEC. 9. And be it further enacted, That any and every
court into which moneys 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, 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, moneys or valuables shall be authorized to deposit
the same for safe keeping with the said company.

Deposits by
courts.

SEC. 10. And be it further enacted, That said company shall
have power to guarantee, endorse and secure the payment and
punctual performance, and collection of notes, debts, bills of
exchange, contracts, bonds, accounts, claims, rents, annuities,
mortgages, choses in action, evidences of debt, certificates of
property or value, checks and the titles to property, indebted-
ness 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 com-
pany and the parties dealing therewith.

May endorse
notes, etc.

SEC. 11. And be it enacted, That said company may receive,
upon storage deposit or otherwise, merchandise, specie, plate,
bullion, stocks, promissory notes, certificates and evidences of
debt, contracts and all other personal property, and advance
money thereupon on such terms as may be established or ap-
proved 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 deposit
by such officers or corporations may be made with said company.

May receive
upon
storage,
plate, etc.

SEC. 12. And be it enacted, That the said corporation shall
have power to receive and hold on deposit and in trust and as
security, estates, real, personal and mixed, including money,
notes, bonds and obligations of States, companies, corporations
and individuals, and the same to purchase, collect and adjust,

May hold
estates, etc.



 
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Session Laws, 1896 Session
Volume 475, Page 741   View pdf image (33K)
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