858.

STATE OF MARYLAND.

CHAP. 599.

on or to be transacted or carried on in the State of Maryland,
or elsewhere, in connection with any person, persons, firm,
firms, copartnership, copartnerships, association, associations,
corporation, corporations, joint stock company, joint stock
companies; provided only, that such investment shall, when
made, be thereupon advertised in the amount thereof, and
for the time or period thereof in some newspaper published in
the city or county where the principal or place of business, as
the case may be, of such person, persons, firm, firms, copartner-
ship, copartnerships, association, associations, corporation,
corporations, joint stock company or joint stock companies,
shall be located or intended to be located, once a week for
three successive weeks; and said body corporate hereby incor-
porated shall, upon making such investment, have, with
regard to such persons or enterprises, the full rights and priv-
ileges of a partner therein, and shall be liable for the payment-
of such claims and demands as may be or may have been
incurred by such person, persons, firm, firms, copartnership,
copartnerships, association, associations, corporation, corpora-
tions, joint stock company, joint stock companies, for and on,
account of, and for the benefit and advantage of such business
or enterprise, only to the extent of the investment so made
and advertised, and to no other or greater extent.

Authority to
receive
money on
deposit, etc.

SEC. 6. And be it further enacted, That said corporate body,
shall have the right to receive money on. deposit, evidence
of debt, for collection, for discount or otherwise, chattels
stocks, bonds and all proper writing, on storage, or as collateral,
security, upon such terras as may be agreed upon or estab-
lished by said company, and shall have the right to guarantee,
endorse and secure the payments, punctual performance and
collection of notes, debts, due bills, bills of exchange, con-
tracts, bonds, accounts, claims, rents, securities, mortgages and;
interest thereon, titles to property, indebtedness of individuals
or of copartnership, firms, corporations, of joint stock com-
panies, loans of shares, cities, counties and municipalities upon
terms as may be agreed upon or established by said company.

May act as
fiscal
or transfer
agent.

SEC. 7. And be it further enacted, That the said body cor-
porate shall have power to act as agent and the fiscal or transfer
agent of any State, county, city, municipality or public
authority, corporation, association or individual, and in such
capacity to receive and disburse money, and to handle, issue,
transfer, register, countersign or underwrite certificates of
stock, bonds or other evidences of indebtedness, and to receive
and manage any sinking fund of any corporation on such
terms as may be agreed upon or established by said company.