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Session Laws, 1902 Session
Volume 476, Page 402   View pdf image (33K)
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402

STATE OF MARYLAND.

CHAP. 294.

States, cities, counties and municipalities, on such terms or
commissions as may be agreed upon or established by said
company and the parties dealing therewith.

SEC. 9. And be it enacted. That said company may receive

May
receive upon
storage
merchandise,
specie, etc.


upon storage, deposit or otherwise, merchandise, specie, plate,
bullion, stock, promissory notes, certificates and evidences of
debts, contracts and all other personal property, and advance
money thereupon, on such terms as may be established or
upproved 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
deposits by said officers or corporations may be made with said
company.

Authority to
accept and
execute
trusts of all
kinds, etc,

SEC. 10. And be it enacted, That said company may and it
is hereby authorized to accept and execute trusts of any and
every description which may be committed or transferred
with their consent to them by any person or persons whom-
soever, bodies corporate or public, or by any Court in the
State of Maryland or in any of the United States; and to
accept the office and appointment of executors and adminis-
trators of any kind or nature, whensoever 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 in any one of the United States ; and in all cases in which
application shall be made to any Court in this State for the
appointment of any receiver, trustee or administrator, executor,
assignee, guardian or committee of a lunatic or minor, it shall
and may be lawful for such Court, if it shall think fit, to
appoint the Co-operative Loan, Deposit and Guarantee Com-
pany, with their assent, such receiver, trustee, administrator,
assignee, guardian or committee, and the accounts of said
company, as such receiver, trustee, administrator, executor,
assignee, guardian or committee, shall be regularly settled and
adjusted before the tribunal, and upon such settlement and
adjustment, all proper, legal and customary charges, costs and
expenses shall be allowed the said company for their care and
management 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 tribunal under the laws of
such State.

Court may

appoint said
company
as receiver,
trustee,
guardian, etc

SEC. 11. And be it enacted, That when any Court shall
appoint said company as receiver, trustee, administrator,
executor, assignee, guardian or committee, or shall order the
deposit of money or other valuables of any kind with said
company, the capital stock as paid in shall be taken and con-



 
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Session Laws, 1902 Session
Volume 476, Page 402   View pdf image (33K)
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