832

LAWS OF MARYLAND.

CHAP. 452

monies and securities by any trustee, receiver, guardian,
executor or administrator, or agent or other public officer or
fiduciary whatever; and they are hereby authorized to deposit
the same for safekeeping with the said corporation, and
authority is given the said corporation to receive savings
deposits, to maintain a savings department, and to make
investments in securities of the funds on deposit in the said
savings department in bonds, mortgages and stocks, or other
approved securities, and the said savings department deposits
shall be a first lien on the said securities so purchased, so
that upon a dissolution of the said corporation, or a distribu-
tion of the assets of the said corporation among the parties
thereto entitled, the said sum so deposited in the savings
department shall constitute and be a prior lien on the securi-
ties so purchased for the savings department aforesaid. The
said corporation may construct, erect, purchase or lease such
suitable buildings and use all other means which may be
necessary; to maintain and let for hire vaults, safes or other
receptacles.

Section 4 A. Said corporation is hereby authorized to accept
and execute trusts of any and every description, which may

Authority to
accept and
execute
trusts of
every
description.

be committed or transferred, with its consent, to it by any
person or persons whomsoever, bodies corporate or public,
or by any court in the State of Maryland or in any one of
the United States, and to accept the office and appointment
of executor or administrator of any kind or nature when-
ever such office or appointment is conferred or made by any
person or persons, or by any Orphans' Court or other court,
either of this State or any of the United States; and that in
all cases where application shall be made to any court in the
State of Maryland or elsewhere, for the appointment of any
receiver, trustee, administrator, executor, assignee, guardian
or committee, it shall and may be lawful for such court, if it
shall think proper, to appoint said body corporate, with its

May appoint
body corpo-
rate receiver,
etc.

assent, such receiver, trustee, administrator, executor, assignee,
guardian or committee, and the accounts of said company,
as such receiver, trustee, administrator, executor, assignee,
guardian or committee, shall be regularly settled and adjusted
before the tribunal having jurisdiction, and upon such settle-
ment and adjustment all proper, legal and customary charges,
costs and expenses shall be allowed to said company for its
care and management of the trusts and estate aforesaid; and