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Session Laws, 1902 Session
Volume 476, Page 652   View pdf image (33K)
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652

LAWS OF MARYLAND.

CHAP. 436

said company, and said company shall be entitled. to charge
such commissions or compensation therefor as may be agreed
upon.

May invest in
mercantile
or other
business.

SEC. 8. And be it enacted, That the said corporation shall
have power to invest its capital and the increment thereof, and
such funds as may be deposited with said corporation, from
time to time, in the public funds of the United States, or in
any stock or property whatsoever, and to dispose of said stocks,
money or property in any such manner (not contrary to law)
as may appear most advantageous to the said corporation ; and
to take, have, hold and enjoy all such estates, real, personal
and mixed, as may be obtained by the investment of the cap-
ital of said corporation, and all other money or funds that may
come into their possession in the course of their dealing and
business, and the same to sell, grant, mortgage, lease and dis-
pose of at pleasure, and to execute, acknowledge and deliver
all deeds and other instruments of writing concerning the
same.

Authority to
deal in real
or personal
property,
loan money
etc.

SEC. 9. And be it further enacted, That the said corporation
be and is hereby authorized and empowered to take the man-
agement, custody and charge of property, real, personal and
mixed, and to advance money on securities and credits, and
upon any property, real, personal or mixed, on such terms,
and with all such powers of sale or other disposition thereof
as may be provided by the charter or by-laws of this company,
or by agreement in writing between the said company and the
owners thereof, or other person or persons to whom advances
as aforesaid may be made, and the eaid corporation shall be
and is hereby authorized, either for itself or as agent, to buy,
lease or otherwise acquire and hold and manage real, personal
and mixed property in the State of Maryland, or elsewhere,
with the right to sell, mortgage and lease or otherwise dispose
of the same as fully and completely as a natural person, and to
execute, acknowledge and deliver all deeds and legal papers
and instruments concerning the same.

Authority to
issue bonds
etc.

SEC. 10. And be it further enacted, That said company be
and is hereby authorized and empowered to issue bonds or
certificates of indebtedness upon such terms and conditions,
and with or without coupons attached, and in such amounts,
and payable at such times and places, and with interest not
exceeding six per cent, per annum, as said company may deem
expedient for the proper conduct of its business.

Procure
copies and
abstracts
from public
records, etc

SEC. 11. And be it enacted, That said corporation may make
and may prucnre copies and abstracts from the public records
of the State, and gather information therefrom and from
other sources relating to conveyances of property, real and



 
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Session Laws, 1902 Session
Volume 476, Page 652   View pdf image (33K)
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