980

LAWS OF MARYLAND.

CHAP. 500

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 shall

General
powers.

have power to receive and hold, on deposit and in trust, and
as security, estates, real, personal and mixed, including
notes, bonds, obligations of States, companies, corporations
and individuals, and the same to purchase, collect, adjust,
settle, sue and dispose of, upon such terms as may be agreed
upon between it and such parties contracting with it.
SEC. 9. And be it enacted, That the said corporation shall
have power to receive deposits of money, securities and other

May receive
deposits of
money, etc.

personal property from any person, public or private corpo-
ration, upon such terms as may be agreed upon, and to loan
money on real or personal security, to deal in exchange,
foreign and domestic, and in any and all description of prop-
erties, personal effects, securities, mortgages, land, certifi-
cates of indebtedness, stocks of incorporated companies,
loans, notes or bonds of the United States or of any State,
city, county or municipality, or of any company or of any
individual.
SEC. 10. And be it enacted, That the said corporation be
and is- hereby authorized and empowered to receive and keep

Empowered to
do a general
trust and
storage
business

on deposit, storage or otherwise, all such valuables as gold,
silver or paper money, bullion, precious metals, jewels, plate,
certificates of stock or evidence of indebtedness, promissory
notes, contracts, deeds or muniments of title or other valu-
able paper of any kind, or any other article or thing what-
soever; and take charge and custody of real and personal
estates and securities and advance money thereupon on such
terms as may be established or approved of by said corpora-
tion; and it may be lawful for any court of this State or
United States court into which moneys, stocks, bonds or
other property may be paid or deposited by agreement of
parties, order, judgment or decree of such court, to order
and direct the same to be deposited with said corporation ;
and that any executor, administrator or other trustee or
receiver, agent or other public officer having the control of
any bonds, stock, security, moneys or other valuables
belonging to others shall be and is hereby authorized
to deposit the same for safe keeping with said corpora-
tion; and that in all cases in which public officers,