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Session Laws, 1902 Session
Volume 476, Page 418   View pdf image (33K)
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418

LAWS OF MARYLAND.

CHAP. 268.

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

of trust or responsibility, public or private, into or under the
United States Government, or any colony, province, or
dependency thereof, or into or under any State, county, city
or municipality, or into or under any foreign country or gov-
ernment, or any colony, province, department, State or county
or municipality thereof, and to become surety, either solely or
jointly, with one or more other sureties, for the faithful per-
formance of any trust, office, duty or contract, to be dis-
charged or performed in any of the countries, or within any
of the jurisdictions aforesaid, and in all such cases where by
Jaw, order, decree, rule or regulation one or more sureties are
required upon any bond, recognizance or stipulation, or for
faithful performance of any trust, office, duty or contract, the
power of the said company shall embrace authority to execute,
either solely or jointly with one or more sureties, any bond,
recognizance, stipulation or contract having relation thereto ;
and it shall be lawful for any Court, registrar, clerk or other
officer to approve said company as sole surety in all such cases.

Authority to
sign, make
and execute
ball bonds,
etc.

SEC. 8. And be it enacted, That said company be and it is
hereby authorized and empowered to sign, make and execute
bail bonds and recognizances, and generally to act as surety
for the faithful performance and surrender of individuals as
provided by any process of law or order of Court of any State
of the United States, or of the United States Government or
of any territory or dependence thereof, or of any foreign
country, State or government, or of any branch or part of any
foreign country, State or government.

Agents or
attorneys
may be
appointed.

SEC. 9. And be it enacted, That the directors of the said
company be and they are hereby authorized and empowered
either at a general or special meeting to name, constitute and
appoint agents or attorneys in any of the countries and within
any of the jurisdictions aforesaid, and to invest such agents
or attorneys with power and authority on its behalf as surety
to make, sign, execute, deliver, justify upon and attach the
corporate seal of said company to any bond, recognizance,
stipulation or contract within the scope of the chartered
powers of the said company, and the said collectors are further
authorized and empowered to provide that the execution by
said agents or attorneys by such bonds, recognizances, stipula-
tions and contracts shall be binding upon said company.

Bonds,
stocks, etc ,
deposited
with
company for
safe keeping.

SEC. 10. And be it enacted, That any and every Court into
which money may be paid or deposited by agreement of par-
ties under judgment, a decree of en ch Court may order and
direct the same to be deposited with said company, and any
individual, executor, administrator, guardian, committee,
receiver, assignee, government, State, city, county or munic-



 
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Session Laws, 1902 Session
Volume 476, Page 418   View pdf image (33K)
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