552

LAWS OF MARYLAND.

CHAP,386.

register, clerk or other officer to approve said company as sole
surety in all such cases ; but in such oases the officers and
affairs of said company may be subject to an examination by
such Court, register, clerk or other officers ; and it shall be
lawful for such company to stipulate and provide for indemnity
from the parties aforesaid, for whom it shall so become
responsible, and to enforce any bond, contract, agreement,
pledge or other security made or given for that purpose ; that
said corporation shall be subject at all times to the provisions
of the Act of 1892, chapter 109, and to the Act of 1893,
chapter 279, or any amendment or supplement thereto.

Court may if
order money
to be
deposited
with
company.

SEC. 3. And be it further enacted, That any and every Court
into which money may be paid or deposited by agreement of
parties, orders, 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 government, 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.

Manner of
conducting
business

SEC. 4. 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 of value, checks and the indebtedness of individuals,
of companies, partnerships, contracts, loans of States, city,
counties and municipalities, on such terms or commissions as
may be agreed upon or established by said company and the
parties dealing therewith.

Authority to
receive
on deposit,
etc.,
valuables of
all kinds.

SEC. 5. 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
debts, contracts and all other personal property, and advance
money thereupon on such terras as may be established or
approved 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 such officers or corporations may be made with
said company.

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

SEC, 6. And be it enacted, That any executor, adminia-
trator, guardian or other trustee or public officer, having the.
control of any bonds, stocks, securities, moneys or other valua-
bles belonging to others, shall be and is hereby authorized to
deposit the same for safe-keeping with said company.