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376
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LAWS OF MARYLAND.
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CHAP. 238
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by such officers or corporations or other persons may be
made with said company, upon such terms and upon such
liability as may be agreed upon, but any deposit of money
made by such officers or corporations or other persons unless
otherwise stipulated, shall be regarded as an ordinary gen-
eral deposit made according to the custom and usage of
banking; and said company shall have power and authority
to provide rules, regulations, by-laws or other means for,
and to determine all matters of arbitrament or award referred
or submitted to it by order of any court, or as may be agreed
upon, provided or established by said court or by said
parties.
SEC. 12. And be it enacted, That the said company shall
be and it is hereby authorized and empowered to receive
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Authority to
keep on
deposit gold
silver, etc.
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and keep on deposit, as bailee for safe keeping and storage,
all valuables, gold, silver or paper money, bullion, precious
metals, jewels, plate, certificate of stock or evidence of
indebtedness, deeds or muniments of title, or other valuable
paper of any kind, or any other article or thing whatsoever,
which may be left or deposited for safe keeping with said
company, and guaranteeing their safety upon such terms
and for such commissions or compensation as may be agreed
upon; and for the complete preservation and safe keeping
thereof, is hereby authorized to construct, erect, purchase,
lease or rent such fire or burglar-proof building, vaults, iron
or composition safes or other means which may be or
become necessary, and let vaults, safes and other receptacles
for such uses and purposes, and generally to transact and
perform all the business relating to such deposit and safe
keeping or preservation of all such articles or valuables as
may be deposited with said company.
SEC. 13. And be it enacted, That said corporation shall
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May purchase
stocks, etc.
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be authorized to purchase, acquire, hold and dispose of the
stocks, bonds and other evidences of indebtedness of any
corporation, domestic or foreign, and issue in exchange
therefor its stocks, bonds or other obligations.
SEC. 14. And be it enacted, That the said company hereby
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May enact and
adopt rules,
etc.
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created shall have power to enact and adopt such rules,
regulations and by-laws for the government and management
of the affairs of said corporation as it may deem advan-
tageous to the interests thereof; provided, the same be not
contrary to the laws of the land.
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