570

STATE OF MARYLAND.

CHAP. 400.

such receiver, trustee, administrator, executor, assignee, guar-
dian 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 having jurisdiction, and upon such settlement and
adjustment all proper, legal and customary charges, costs and
expenses shall be allowed to said company for its 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 of the proper tribunal in the premises, under the
laws of the State wherein such tribunal shall or may exercise
its jurisdiction.
SEC. 6. And be it enacted, That when any Court shall

Court
may appoint
company as
receiver,
trustee,
guardian, etc.

appoint the said company a 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-
sidered as the security required by law for the faithful per-
formances of their duties ; provided, the said Court shall
not deem it necessary to require further security, and shall
be absolutely liable in case of any default whatever; the
Court, if it deem necessary, may, from time to time, appoint
suitable persons to investigate the affairs and management of
said company, who shall report to such Court the manner in
which such investments are made, and the security afforded to
those by or for whom its engagements are held, and the
expenses of such investigation shall be defrayed by the said
company; or the Court may, if deemed necessary, examine
the officers of said company under oath or affirmation as to the
security aforesaid.

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

SEC. 7. And be it enacted, That any executor or adminis-
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.

Authority to
receive
money on
deposit, etc.

SEC. 8. And be it enacted, That the said corporation shall
be and is hereby authorized and empowered to receive moneys
on deposit upon such terms and conditions as may be agreed
upon or established, and to allow interest on the same, and to
receive and keep on deposit and storage all such valuables as
gold, silver or paper money, bullion, precious metals, jewels,
plate, certificates of stock or evidence of indebtedness, deeds
or muniments of title or other valuable papers of any kind, or
any other article or thing whatsoever, which may be left or
deposited for safe keeping with said corporation ; and it may