990

LAWS OF MARYLAND.

CHAP. 608

corporation; and the said corporation is hereby authorized
to deal in exchange, foreign and domestic, and in every and
all descriptions of property, personal effects, securities,
mortgages, land, certificates of indebtedness, stocks of incor-
porated companies, notes, loans on bonds of the United
States, or any city, county, municipality, of any incorporated
company or any individual; and the said company is hereby
authorized to endorse, guarantee or secure the payment of
any note, contract, bond, debt, bills of exchange, mortgage
or evidence of debt of any kind issued by any individual,
corporation, partnership, city, State, county or municipality,
upon such terms as may be agreed upon.
SEC. 8. And be it enacted, That any and every court into

Disposition of
orders,
Judgments,
etc.

which money may be paid or deposited by agreement of
parties, order, judgment or decree of such court, may order
and direct the same to be deposited with said company, and
any individual or administrator, guardian, committee, receiver,
assignee, trustee, State, county or municipal government or
corporation or public officer, or any person or persons acting
for others having the custody of any bonds, stocks, securities,
moneys or values, shall be authorized to deposit the same
for safekeeping with the said company.
SEC. 9. And be it enacted, That the said company may

Rights of
company.

receive upon storage, deposit or otherwise, merchandise,
specie, plate, bullion, stock, promissory notes, certificates
and evidences of debt of any kind, contracts and all other
personal property, and advance moneys thereupon on such
terms as may be established or approved by said company ;
that in all cases in which public officers or municipal or pri-
vate corporations are authorized to deposit money, stocks,
bonds or evidences of debt, such deposits by such officers or
corporations may be made with said company.
SEC. 10. And be it enacted, That any executor, adminis-

Executors,
guardians,
trustees, etc.

trator, guardian, trustee or public officer having the control
of any bonds, stocks, securities, moneys or other valuables
belonging to others shall be and is hereby authorized to
deposit the same for safe keeping with said company, but
nothing contained in this Act shall be construed to relieve
any such officer depositing with said company, as authorized
by any section thereof, from any legal liability for such
deposit, unless he shall have been ordered to make the same
by the proper court.