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Session Laws, 1906 Session
Volume 479, Page 829   View pdf image (33K)
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EDWIN WARFIELD, ESQ., GOVERNOR.

829

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 company
its capital stock and surplus shall be liable...
SEC. 6. And be it enacted, That the said corporation is
hereby authorized to take, have, hold and enjoy all such

CHAP. 451

estates, real, personal and mixed, as may be obtained by
the investment of its capital stock and all other moneys and
funds that may come into its possession in the course of its
dealings 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. 7. And be it enacted, That said company shall be

To take, have
and hold
estates,
funds, etc.

and is hereby authorized and empowered to receive and keep
on deposit, as bailee for safe keeping and storage, all valu-
ables, gold, silver or paper money, bullion, precious metals,
jewels, plate, certificate of stock or evidence of indebtedness,
deed or emoluments of title or other valuable paper of any
kind or any other article or thing whatsoever which may be
left on deposit for safe keeping with said- company and
guaranteeing their safety upon such terms and for such
commissions or compensations 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 and burglar proof buildings, iron or composition
safes or other means which may be or become necessary,
and rent vaults, safes and other receptacles for such uses
and purposes and generally to transact and perform all the
business relating to such deposit and safekeeping or preser-
vation of all such articles or valuables as may be deposited
with said company.
SEC. 8. And be it enacted, That any court of this State, or

Empowered to
do a general
trust and
storage
business.

any other State of 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 indviiduals or corporations,
shall be at all times subject to withdrawal by the check or
order of the person entitled and duly authorized to withdraw
the same.

Rights of
courts to
order
deposits.



 
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Session Laws, 1906 Session
Volume 479, Page 829   View pdf image (33K)
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