JOHN WALTER SMITH, ESQ., GOVERNOR.

569

on real, leasehold or chattel property, and real and personal
property and evidences of indebtedness of every kind and
character, and to acquire by purchase, subscription, gift,
exchange or otherwise, and to borrow or loan money upon or
deal in or hold as an investment or collateral any such prop-
erty, or any bonds or other securities or evidences of indebted-
ness, or any shares of capital stock created or issued by any
corporation or corporations, association or associations of this
State or any other State, territory or country, or the loans,
bonds or certificates of indebtedness of the United States or
of any country, State, city, county or municipality, with the
right to vote on all shares of stock held by it as owner, agent,
trustee or other representative, in any other company or com-
panies or corporations the same as a natural person, and to aid
in any manner any corporation or association of which any
stock, bonds or other securities or evidences of indebtedness
or stock are held by it, and to do any acts or things desig-
nated to protect, preserve, improve or enhance the value of
any such bonds or other securities or evidences of indebted-
ness or stock ; and to issue its own bonda or obligations
secured by all the assets of the company, or by such particular
property or assets as may be stipulated and designated in said
bond or other obligation, and to loan money upon or deal in
the same, and to purchase, hold and reissue or loan money
upon the shares of its capital stock ; and it may require
advancements or loans made by it to be secured and repaid in
such manner and in such instalments and upon such terms as
the directors may prescribe ; and to have power to conduct its
business in other States and foreign countries, and to have
one or more offices out of this State.

CHAP. 406.

SEC. 5. And be it enacted, That the said body corporate be
and it is hereby authorized to accept and execute trusts of any
and every description which may be committed or transferred,
with its consent, to. it by any person or persons whatsoever,
body corporate or public, or by any Court in the State of
Maryland or in any one of the United States, and to accept
the office and appointment of executor or administrator, or
trustee of any kind or nature, whenever and whether such
office or appointment is conferred or made by any person or
persons, or by any Orphans' Court or other Court, either of
this State or of any of the United States, and that in all cases
where application shall be made to any Court in the State of
Maryland or elsewhere for the appointment for any receivers,
trustees, administrator, executor, assignee, guardian or com-
mittee, it shall and may be lawful tor such Court; if it shall
think proper, to appoint said body corporate, with its assent,

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