JOHN WALTER SMITH, ESQ., GOVERNOR.

633

of in its discretion and at its will and pleasure, and execute,
acknowledge and deliver all deeds and legal papers and any
instruments concerning the same.

CHAP. 423

SEC. 12. And be it further enacted, That said company may
make and may procure copies and abstracts from the public
records of the State of Maryland, and gather information
therefrom and from other sources relating to conveyance of
property, real and leasehold ; make indexes of all deeds, mort-
gages, judgments, decrees and other records within this State ;
make, procure and furnish plats and other matters relating to
property, examine the titles to property, give certificates of
same, and guarantee or insure owners and mortgagees of prop-
erty, real or leasehold, against loss by reason of defective title
liens or other encumbrances.

Procure
copies and
abstracts
from public
records, etc.

SEC. 13. And be it further enacted, That said company be
and it is hereby authorized and empowered to receive and
keep on storage, deposit or otherwise, all such valuables as
gold, silver or paper money, bullion, precious metals, jewels,
plate, certificates of stock, bonds, promissory notes, evidences
of indebtedness, contracts, 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 company ; and it may and shall be lawful for any
of the Courts of this State or United States Court, into
which moneys, stocks, bonds or other property may be paid or
deposited by agreement of parties, order, judgment or decree
of such Court, to order and direct the same to be deposited
with said company, and it shall be entitled to charge such
commission or compensations therefor as may be agreed upon,
and for the complete preservation and safe-keeping thereof,
may construct, erect, purchase or lease such fire and burglar
proof buildings, vaults, iron or composition safes or other
buildings or means which may be or become necessary, and
generally to transact or perform, all the business relating to
such deposit and safe keeping, or preservation of all such
articles or valuables as may be deposited with it, and to let
compartments therein for hire.

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

SEC. 14. And be it further enacted, That the directors shall
have power to declare such dividends of the profits of said
company as they may deem proper; provided, that no dividend
shall be declared when the capital stock would be impaired
thereby.

Dividends
declared

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

Power to
adopt rules
and
regulations.