FRANK BROWN, ESQUIRE, GOVERNOR.

shall be subject to all lawful orders or decrees made by the
said court; but nothing herein contained shall be construed as
authorizing or empowering said corporation to act as executor
or administrator, with or without the will, or as trustee under,
or by appointment, in any last will or testament.

217

SEC. 8. And be it enacted, That the said corporation be
and is hereby authorized and empowered to receive and 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, promissory
notes, contracts, deeds or muniments of title, or other valuable
papers of any kind, or any other article or thing whatsoever;
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 by said corporation; 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, stocks, security, moneys or other
valuables belonging to others, shall be and is hereby authorized
to deposit the same for safe keeping with said corporation; and
that in all cases in which public officers, municipal or private
corporations may be authorized to deposit money, stocks, bonds
or evidences of indebtedness, such deposits by such officers or
corporations may be made with said corporation; and for the
complete preservation of all articles or things so deposited for
safe keeping, the said corporation may construct, erect, pur-
chase or lease such suitable buildings, and all other means
which may be or become necessary, and to maintain and let
for hire, vaults, safes and like receptacles.

SEC. 9. And be it enacted, That whenever any court shall

May receive
valuables
for safe
keeping.

appoint the said corporation a receiver, trustee or assignee, or
shall order the deposit of money or other valuables of any-
kind, witli said corporation, the capital stock of said corpora-
tion shall be taken and considered as the security required by
law for the faithful performance of any duty imposed upon it
by the orders, or decrees of such court, unless the said court
shall deem proper to require further security; and the said
corporation shall be absolutely liable in case of any default
whatever; such court may, from time to time, and whenever
deemed advisable by such court, appoint suitable persons to

Liability for
faithful per-
formance of

duties.