FRANK BROWN, ESQUIEE, GOVERNOR.

upon or established by said corporation, and the persons or
corporations dealing therewith; to act as the fiscal or transfer
agent of any State, municipality, body politic or corporate, and
in such capacity to receive and disburse money, and transfer,
register and countersign certificates of stock, bonds or other
evidences of indebtedness; and to receive and manage any sink-
ing fund of any corporation on such terms as may be agreed
upon.

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SEC. 14. And be it enacted, That the said corporation shall
have power to invest its capital and the increment thereof, or
such funds as may be deposited with the said corporation for
that purpose, from time to time, in the public funds of the
United States, or in any stock or property whatsoever, and to
dispose of said stocks, money and property in any such manner
(not contrary to law) as may appear most advantageous to the
said corporation; and to take, have, hold and enjoy all such
estates, real, personal and mixed, as may be obtained by the
investment of the capital of said corporation, and all other
moneys or funds that may come into their possession in the
course of their dealing and business, and the same to sell,
grant, mortgage, lease and dispose of at pleasure, and to exe-
cute, acknowledge and deliver all deeds and other instalments
of writing concerning the same; provided, however, that the
said corporation shall make no investment or disposition of
any money or property deposited with or held by it under the
order or decree of any court, without the authority of such
court, first had and obtained.

Investments
of funds.

SEC. 15. And be it enacted, That all laws or parts of laws
inconsistent with the provisions of this act, be and the same
are hereby repealed so far as the corporation hereby created if
concerned; provided, that said corporation shall be subject at
all times to the provisions of the act of 1892, chapter 109.

Repeal.

SEC. 1 6. And be it enacted, That the General Assembly of
Maryland reserves the right to repeal, alter or annul this act at
its pleasure.

Amendment
or repeal.

SEC. 17. And be it enacted, That this act shall take effect
from the date of its passage.

Approved March 29th, 1894.

Effective.