582

LAWS OF MARYLAND.

CHAP. 405.

money thereupon on such terms 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 evidence of debt, such deposits
by said officers or corporations may be made with said com-
pany on such terms as may be agreed upon.

Manner of
conducting
business.

SEC. 11. And be it enacted, That any executor, adminis-
trator, guardian or other trustee, or public officer having the
control of any bonds, stocks, securities, moneys or other valu-
ables belonging to others, shall be and is hereby authorized to
deposit the same for safe keeping with said company.

Authority to
take, have,
hold and
enjoy estates,
etc.

SEC. 12. And be it enacted, That the said corporation is
authorized to take, hold, have and enjoy all such estates, real,
personal and mixed, as may be obtained by the investments of
their stock, and all other moneys and funds that may come
into its possession in the course of their dealings and business,
and the same to sell, grant, mortgage, lease and disuse of at
pleasure, and to execute, acknowledge and deliver all deeds
and other instruments of writing concerning the same.

Receive and
hold
on deposit
estates, etc.

SEC. 13. And be it further enacted, That the said corpora-
tion shall have power to receive and hold on deposits, and as
security, estates real, personal and mixed, including money,
notes, bonds and obligation of States, companies, corporations
and individuals, and the same to purchase, collect and adjust,
settle, sell and dispose of, and upon such terms as may be
agreed upon between it and the parties contracting with, and
may pay interest on all deposits of money which it may receive
from individuals, corporations or otherwise.

Authority to
keep on
deposit gold,
silver,
Jewels, etc.

SEC. 14. And be it further enacted, That the said corpora-
tion shall be and is hereby authorized and empowered to receive
and keep on deposit 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
titles 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 and shall be lawful
for any of the Courts of any State into which moneys, stocks,
bonds or other property may be paid or deposited by agree-
ment of parties, order, judgment or decree of said Court to
order and direct the same to be deposited with said corpora-
tion ; and it shall be entitled to charge such commissions or
compensations therefor as may be agreed upon.

May adopt
rules,
regulations,
etc.

SEC. 15. And be it enacted, That the president and vice-
president and directors of said corporation hereby created
shall have power to enact and adopt such rules and regulations
and by-laws for the government and management of the affairs