clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1906 Session
Volume 479, Page 938   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

938

LAWS OF MARYLAND.

CHAP. 474

and the corporation as such receiver, trustee or assignee
shall be subject to all lawful orders or decrees made by the
said court.
SEC. 8. And be it enacted, That the said corporation is
authorized to take charge of, care for and manage, any and
all property of every kind and description which may be

Authority to
take charge
of, care for
and manage
property of
every kind.

placed in its charge, care or management by letters or powers
of attorney or otherwise as fully in every respect as could or
may be done by an individual, also to execute all authorities
and to attend to, care for and manage, all matters of business
of every kind, nature and description which may be conferred
upon it by any person or body corporate, including the sale,
lease or other disposition of property, real or personal, and
to collect all moneys, with full power and authority to exe-
cute and deliver on behalf of its principals deeds, leases,
releases, bonds and covenants, contracts or other instruments
of writing, to institute suits, actions or other proceedings on
their behalf, and to fully attend to any of said matters or
things committed to its charge, as fully in every respect as
can or may be done by an individual, and said company shall
be and it is hereby authorized to exercise powers of sale of
mortgaged premises, wherever and whenever such power of
sale is 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

Capital stock
liable.

faithful execution of the powers by this section conferred
upon the said company, its capital stock and surplus shall
be liable in the same manner as the said capital stock and
surplus shall be taken and considered as the security required
by law for the faithful performance of the duties herein con-
ferred upon said company, and its stockholders shall also be
liable to the creditors and depositors of said company for
double the amount of stock at the par value held by the
stockholders in said corporation, as is provided by Section
104 of Article 23 of the Code of Public General Laws of
Maryland.
SEC. 9. And be it enacted, That the said corporation be
and is hereby authorized and empowered to receive and

May receive
and keep on
deposit gold,
silver,
bullion, etc.

keep on deposit, storage or otherwise, all such valuables as
gold, silver or paper money, bullion, precious metals, jewels,
plate, certificates of stock, evidences of indebtedness, promis-
sory notes, contracts, deeds or muniments of title or other



 
clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1906 Session
Volume 479, Page 938   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 06, 2023
Maryland State Archives