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Session Laws, 1906 Session
Volume 479, Page 375   View pdf image (33K)
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EDWIN WARFIELD, ESQ., GOVERNOR.

375

curator, assignee or other person, or State, city or county
officer or public officer, or any person or persons acting for
others having the control or other custody of any bonds,
stocks, securities, moneys or other valuables belonging to
themselves or others, shall be and are hereby authorized to
deposit the same for safe keeping with said company.
SEC. 8. And be it enacted, That the said corporation is
hereby authorized to take, have, hold and enjoy all such

CHAP. 238

Deposit bonds,
stocks, etc.

i

estates, real, personal and mixed, as may be obtained by the
investment of its capital stock and all other moneys or funds
that may come into its possession in the course of its deal-
ings and business, and the same to sell, grant, mortgage,
lease and dispose of at its pleasure, and to execute and
acknowledge and deliver all deeds and other instruments of
writing concerning the same.
SEC. 9. And be it enacted, That the said company is hereby
authorized to act as agent for the purpose of issuing, regis-

Bight to pur-
chase land,
etc.

tering or countersigning certificates, stocks, bonds or other
evidences of debt of any State, corporation, association,
municipality or public authority, on such terms as may be
agreed upon, and to receive, money on deposit subject to
check, deal in exchange, foreign or domestic, and in every
and all descriptions of property, personal effects, securities,
mortgages, loans, certificates of indebtedness, stocks of incor-
porated companies, individual, firm, company, or corpora-
tion, notes or bonds.
SEC. 10. And be it enacted, That any court of this State or
any other State of the United States into which moneys

May act as
agent for cer-
tain pur-
poses.


may be paid or deposited by agreement of parties, order,
judgment or decree of said court, may order and direct the
same to be deposited with said company, and when such
deposits shall have been made, the same, like all moneys
deposited with said company by individuals or corporations
shall be at all times subject to withdrawal by the check or
order of the persons entitled and duly authorized to with-
draw the same.
SEC. 11. And be it enacted, That said company is author-

May deposit
money with
said com-
pany.

ized and shall have discretionary power to invest, at its
pleasure, all money received on deposit, loan or otherwise
in all cases in which public officers or municipal or private
corporations or other persons are authorized to deposit
money, stocks, bonds or evidence of debt, such deposits


Power given to
Invest money,
etc.




 
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Session Laws, 1906 Session
Volume 479, Page 375   View pdf image (33K)
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