450

LAWS OF MARYLAND.

CHAP. 335.

money as may be due him or her, and the check, receipt, or
acquittance of such minor or female covert shall be valid, any
law of this State to the contrary notwithstanding.

Dividends
to be
declared.

Section 10. And be it enacted, That the directors shall have
power to declare such dividends of profits of the said company
as they may deem proper; provided, that no dividend shall be
declared when the capital stock would be impaired thereby.

Adopt rules,
regulations,
etc

Section 11. And be it enacted, That the president, vice-presi-
dent, to enact and adopt such rules, regulations and by-laws
for. the government and management of the affairs of the said
corporation as they may deem advantageous to the interest
thereof not inconsistent with the laws of this State.
Section 13. And be it enacted, That it may be lawful for,

Stocks, lands,
etc., may
be deposited
with said
corporation.

any Court of this State or United States Court, into which
moneys, stock, lands or other property may be paid or depos-
ited by agreement of parties, order, judgment or decree of
such Court, to order and direct the same to be deposited with
said corporation, and that any receiver, trustee, assignee,
executor, administrator, guardian or committee, agent, public
officer and municipal or private corporation having the control
of any bonds, stocks, securities, moneys or valuables, shall be
and is hereby authorized to deposit the same for safe keeping
with said corporation, and for the complete preservation of all
articles or things so deposited for safe keeping the said cor-
poration may construct, erect, purchase or lease such suitable
buildings, and all other means which may be or become neces-
sary, and to maintain and let for hire vaults, safes and like
receptacles.

Power given
to act;
as fiscal or
transfer
agent.

Section 16. And be it enacted, That the said corporation
shall have power to act as the fiscal or transfer agent of any
State, municipality, body politic or corporate, and in such
capacity to receive and disburse money, and transfer, register
and countersign certificates of stocks, bonds or other evidences
of indebtedness, and to receive and manage any sinking fund
of any corporation on such terms as may be agreed upon.

Subject to
certain
provisions.

Section 17. And be it enacted, That this corporation shall
be subject to the provisions of chapter 279 and of chapter one
hundred and nine of the Acts of the General Assembly of
eighteen hundred and ninety-two, as amended by chapter one
hundred and sixty of the Acts of the General Assembly of
eighteen hundred and ninety-six, and to all General Laws
applicable to companies or associations of a nature similar to
that named in this Act.
SEC. 18. And be it enacted, That this Act shall take effect
from the date of its passage.
Approved April 8, 1902.