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LAWS OF MARYLAND.

investigate the affairs and management of said corporation,
who shall report to such court the manner in which such funds-
so held as receiver, trustee or assignee are invested or held, and
the expenses of such investigation shall be borne by the said
corporation, and such court may, if it deem necessary, examine
the officers of such corporation under oath or affirmation as to
such investments.

Preferred
creditors.

SEC. 10. And be it enacted, That in case of the dissolution
of said corporation, the debts due from the corporation as
receiver, trustee or assignee, or depository of funds, under
order of any court or courts, shall be preferred in the distribu-
tion of the assets of said corporation.

May hold real
estate.

SEC. 11. And be it enacted, That the said corporation shall
have power to receive and hold, on deposit and in trust, and
as security, estate, real and personal and mixed, including
notes, bonds, obligations of States, companies, corporations and
individuals, and the same to purchase, collect, adjust, settle,
sell and dispose of, upon such terms as may be agreed upon
between them and the parties contracting with them.

May receive
deposits of
money.

SEC. 12. And be it enacted, That the said corporation shall
have power to receive deposits of money, securities and other
personal property from any person, or 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, lands, certificates
of indebtedness, stocks of incorporated companies, notes, loans,
or bonds of the United States, or of any State, city, county or
municipality, or of any incorporated company, or of any indi-
vidual; provided, that no loan shall be made directly or
indirectly to any officer or employee of said corporation; and
for any violation of this provision, the party or parties con-
senting thereto, directly or indirectly, shall be liable to said
corporation for the amount so loaned, and all expenses or
losses which may result therefrom.

May endorse
notes, bonds
etc.

SEC. 13. And be it enacted, That the said corporation shall
have power to guarantee, endorse and secure the payment and
collection of notes, debts, bills of exchange, contracts, bonds,
mortgages, evidences of debt, certificates of property or value
checks, and the titles to property, real or personal, indebted-
ness of companies, partnerships, loans of States, cities, counties,
municipalities, on such terms or commissions as may be agreed