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Session Laws, 1902 Session
Volume 476, Page 375   View pdf image (33K)
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JOHN WALTER SMITH, ESQ., GOVERNOR.

375

States, cities, counties or municipalities, upon such terms or
commissions as may be agreed upon.

CHAP. 268.

SEC. 10. And be it enacted, That the said company may
receive upon storage, deposit or otherwise, merchandise, gold,
silver or paper money, bullion, jewels, plate, certificates of
stock, bonds, deeds, mortgages, promissory notes, or other
securities, and all other kinds of personal property, and
advance money thereon upon such terms as may be agreed
upon ; that in all cases in which public officers, municipal
or private corporations, executors, administrators, guardians,
receivers, trustees or other officers of the Courts of the State of
Maryland, or of the United States Courts, are authorized to
deposit money, stocks, bonds, evidences of debt or other
securities, such deposits by such officers or corporations may
be made with said company.

May receive
upon storage
merchandise,
etc.

SEC. 11. And be it enacted, ,That the said company be and
it is hereby authorized to accept and execute trusts of every
kind and description which may be committed or transferred
to it, with its consent, by any person or persons whomsoever,
bodies corporate or public, or by any Court in the State of
Maryland, or by the Courts of the United States, or of any of
the States or Territories thereof ; and to accept office and
appointment of executor, administrator, trustee, committee,
guardian or assignee of any kind or nature, whenever such
office or appointment is conferred or made by any person or
persons, or by any Orphans' Court or other Court, either in
this State or any of the United States; and that in all cases
where application shall be made to any Court of this State for
appointment of any receiver, trustee, administrator, assignee,
guardian or committee of a lunatic or minor, it shall and may
be lawful for such Court, if it shall think tit, to appoint the
said company, with its assent, such receiver, administrator,
trustee, assignee, guardian or committee; and accounts of said
company as such receiver, trustee, administrator, guardian
or committee, shall be regularly settled and adjusted before
said Court, and upon such settlement and adjustment all
proper, legal and customary charges, commissions, cost and
expenses shall be allowed said company for its care and man-
agement of the trusts and estates aforesaid ; and the said
company, as such receiver, trustee, administrator, executor,
assignee, guardian or committee, shall be subject to all orders
or decrees made by the proper tribunals under the laws of
this State.

SEC. 12. And be it enacted, That whenever any Court shall
appoint the eaid corporation a receiver, administrator, trustee,
guardian, committee or assignee, or shall order the deposit of

Authorized
to accept and
execute
trusts; etc.



 
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Session Laws, 1902 Session
Volume 476, Page 375   View pdf image (33K)
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