JOHN WALTER SMITH, ESQ., GOVERNOR.

703

thereof; and to become surety, either solely or jointly,
with one or more sureties, for the faithful performance
of any trust, office, duty or contract to be discharged
or performed in any of the countries or within any of the
jurisdictions aforesaid, and in all such cases, including those
where, by law, orders, decree, rule or regulation, one or more
sureties are required on any bond, recognizance or stipulation,
or for the faithful performance of any trust, office, duty or
contract, the powers of said company shall embrace authority
to execute, either solely or jointly, with one or more other
sureties, any bond, recognizance, stipulation or contract hav-
ing relation thereto.

CHAP. 479.

SEC. 8. And be it further enacted, That said company be
and.it is hereby authorized and empowered to sign, make and
execute bail bonds and recognizances, and generally to act as
surety for the faithful appearance and surrender of indi-
viduals as provided by any process of law, or order of
Court of any State of the United States, or of the United
States Government, or of any territory or dependency thereof,
or of any branch or part of any foreign country, State or
government.

Authority to
sign, make
and execute
bail bonds,
etc.

SEC. 9. And be it further enacted, That the board of direc-
tors of said company be and the same are hereby authorized
and empowered to name, constitute and appoint non-resident
local boards, non-resident local vice-presidents and non-resident
local assistant secretaries, agents or attorneys within any of
the jurisdiction aforesaid, and to invest such officers with
power and authority on its behalf as surety, to make, sign,
execute, deliver, justify upon and attach the corporate seal of
said company to any bonds of suretyship, recognizance, stipu-
lation or contract within the scope of the chartered powers of
said company ; and the said directors are further authorized
and empowered to provide that the execution by said officers,
agents or attorneys of such bonds of suretyship, recognizance,
stipulations and contracts shall be binding upon said company.

May appoint
non-resident
local
boards, etc.

SEC. 10. And be it further enacted, That said company shall
have the right to receive money on deposit, evidences of debt
for collection, or for discount, in accordance with the bank
usage, taking such security therefor, real or personal, as the
board of directors may deem sufficient; to deal in exchange,
foreign and domestic, and in every and all descriptions of
properties, personal effects, securities, mortgages, lands, cer-
tificates of indebtedness, stocks of incorporated companies,
notes, warehouse receipts and bills of lading, loans or bonds
of the United States, or of any State, city, county or munici-
pality, or of any incorporated company, or of any individual;

Authority to
receive
money on
deposit, etc.