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Session Laws, 1906 Session
Volume 479, Page 736   View pdf image (33K)
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736

LAWS OF MARYLAND.

CHAP. 405

or may be conferred upon it by any instrument of mortgage,
either as mortgagee or as the attorney named therein, or as
the assignee of any mortgage; and for the faithful execution
of the powers by this action conferred upon the said com-
pany, its capital stock and surplus shall be liable in the
same manner as herein provided.
SEC. 7. And be it enacted, That any individual, agent, exec-

Authorized
to deposit
valuables.

utor, administrator, guardian, committee, receiver, 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 them-
selves 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

To take, have,
and hold
estates, etc.

hereby authorized to take, have, hold and enjoy all sucii
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 the 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

Right to
register
stocks,
bonds, etc.

authorized to act as agent for the purpose of issuing, regis-
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 properties, personal effect, securities,
mortgages, loans, certificates of indebtedness, stocks of
incorporated companies, individual, firm, company or corpo-
ration notes or bonds.
SEC. 10. And be it enacted, That any court of this State, or

Rights of
courts to
order
deposits.

any other State or the United States, into which moneys
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,



 

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Session Laws, 1906 Session
Volume 479, Page 736   View pdf image (33K)
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