EDWIN WARFIELD, ESQ., GOVERNOR.

767

to receive money on deposit, and may pay interest thereon ;
and to have discretionary power to invest at its pleasure its
capital stock or assets, and the increments thereof, and all
moneys received in the course of its business transactions,
and to take, have, hold and enjoy all such estate, real, per-
sonal or mixed, as may be obtained with the moneys afore-
said, and the same to sell, grant, convey, assign, mortgage,
lease or otherwise dispose of at pleasure, and to execute,
acknowledge and deliver all deeds and other legal papers
and instruments of writing concerning the same; to collect
rents, ground rents, interest on mortgages, dividends and
incomes of all kinds, open accounts, promissory notes and
all kinds of indebtedness, and to have the management, cus-
tody and control of all kinds of property on such terms as
may be arranged.

SEC. 17. And be it enacted, That the said corporation be

CHAP. 422

and it is hereby authorized and empowered to accept and
execute, as fully as a natural person, trusts of any and every
description which may be committed or transferred to it,
with its consent, by any person or persons whatsoever,
bodies corporate or politic, or by any court in the State of
Maryland or any other State, or by the courts of the United
States, and to accept the office and appointment of executors
and administrators of any kind or nature whenever such
office or appointment is conferred or made by any person or
persons, or by any orphans' court or other court, either in
this State or in any other State; and that in all cases where
application shall be made to any court of this State for the
appointment of any receiver, trustee or assignee, administra-
tor, executor, guardian of any minor, or committee of any
lunatic, it shall and may be lawful for such court, if it shall
think fit, to appoint the said Fidelity Loan and Trust Com-
pany, with its assent, such receiver, trustee or assignee,
administrator, executor guardian or committee, and the
accounts of said corporation as such receiver, trustee,
assignee, administrator, executor, guardian or committee,
shall be regularly settled and adjusted before the court
making such appointment, and upon such settlement and
adjustment all proper, legal and customary charges, costs
and expenses shall be allowed to said corporation for its
care and management of the trusts and estates aforesaid, in
accordance with the practice of the court so appointing in

Accept and
execute
trusts, etc.