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Session Laws, 1894 Session
Volume 480, Page 338   View pdf image (33K)
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338

LAWS OF MARYLAND.

May act
under ap-
pointment
of court.

SEC. 8. And be it further enacted, That any and every
court, into which money may be paid or deposited by agree-
ment 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 govern-
ment or corporation, or public officer, or any person or per-
sons acting for others, having the custody of any bonds, stocks
securities, moneys or valuables, shall be authorized to deposit
the same, for safe keeping, with the said company.

SEC. 9. And Be it further enacted, That said company shall

May endorse
bonds.

have power to guarantee, endorse and secure the payment and
punctual performance and collection of notes, debts, bills of
exchange, contracts, bonds, accounts, claims, rents, annuities,
mortgages, choses in action, evidences of debt, certificates of
property of value, checks, and the titles to property, indebted-
ness of individuals, of companies, partnerships, contracts,
loans of States, city, counties and municipalities, on such terms
or commissions as may be agreed upon or established by said
company and the parties dealing therewith.

SEC. 10. And be it enacted, That said company may receive

May receive
valuables
on storage.

upon storage, deposit or otherwise, merchandise, specie, plate,
bullion, stocks, promissory notes, certificates and evidences of
debts, contracts, and all other personal property, and advance
money thereupon on such terms as may be established or
approved by said company; that in all cases in which public
officers, or municipal or private 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. 11. And Be it enacted, That the said company be and

May execute
trusts of
every de-
scription.

they are hereby authorized to accept and execute trusts of any
and every description which may be committed or transferred,
with their consent, to them, by any person or persons whomso-
ever, bodies corporate or public, or by any court in State of
Maryland, or in any one of the United States; and to accept
the office and appointment of executors or administrators of
any kind or nature, whenever such office or appointment is
conferred or made by any person or persons, or by any Orphans'
Court or other court, either of this State or of the United
States; and that in all cases where application shall be made
to any court in this State for the appointment of any receiver,



 
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Session Laws, 1894 Session
Volume 480, Page 338   View pdf image (33K)
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