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Baltimore county and such other paper or papers as may
be deemed advantageous, of the time and place of the
said annual election; and when a meeting shall be held in
pursuance of such notice, it shall be organized and its pro-
ceedings shall be conducted in such manner as may be pre-
scribed by the by-laws of the company.
SEC. 5. And be it enacted, That the directors shall have
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Notice of
election
given.
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power to declare such dividends of profits of the said com-
pany as they may deem proper; provided, that no dividend
shall be declared when the capital stock would be impaired
thereby.
SEC. 6. And be it enacted, That the president, vice-presi-
dent and directors of the corporation hereby created shall
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Dividend
declared.
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have power to enact and adopt such rules and regulations
and by-laws for the government and management of the affairs
of said corporation as they may deem advantageous to the
interest thereof.
SEC. 7. And be it enacted, That the said corporation be and
is hereby authorized and empowered to accept and execute
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Authority to
adopt rules
and regula-
tions.
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as fully as a natural person, trusts of any and every descrip-
tion which may be committed or transferred to it, with its
consent, by any person or persons whomsoever, bodies cor-
porate, public or private, upon such terms as may be agreed
upon by and between the said corporation and said person
or persons, natural or body corporate, public or private, or
by any court of the State of Maryland, or by the courts of
the United States or any of the States or Territories thereof,
or by any Orphans' Court of any State or Territory of the
United States; and in all cases when application shall be
made to any court of this State for the appointment of any
receiver, trustee or assignee, it shall and may be lawful for
such court to appoint the said corporation such receiver,
trustee or assignee, and the accounts of said corporation as
such receiver, trustee or assignee, shall be regularly settled
before the court making such appointment; and upon such
settlement and adjustment all proper, legal and customary
charges, costs and expenses shall be allowed said corporation
for its care and management of the trust and estate afore-
said, in accordance with the practice of the courts so appoint-
ing as in the case of natural persons, when so appointed ;
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Authority to
accept and
execute
trusts of
every
description.
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