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354
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LAWS OF MARYLAND.
indemnity from the parties aforesaid for whom it shall so
become responsible, and to enforce any bond, contract, agree-
ment, pledge, or other security, made or given for that
purpose.
SEC. 8. And be it enacted, That any and every court into
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Deposits by
courts.
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which moneys may be paid or deposited by agreement of
parties, order, judgment or decree of such court, such court
may order and direct the same to be deposited with said com-
pany; and any individual or administrator, guardian, com-
mittee, receiver, assignee, trustee, State, county br 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 valuables, shall be authorized to
deposit the same, for safe keeping, with said company.
SEC. 9. And be' it enacted, That said company shall have
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May endorse
bonds.
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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, evidence of debts, certificates of
property or value, checks, and the title to property, indebted-
ness of individuals or companies, partnerships, contracts, loans
of States, cities, 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
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May receive
bullion,
stock, etc.,
on storage.
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receive 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 estab-
lished or approved by said company : that in all cases in which
public officers, or municipal, or private corporations are author-
ized to deposit money, stocks, bonds, or evidences of debts,
such deposits by such officers or corporations may be made with
said company; no loan, however, shall be made to any officer
or employee of said company; and for any violation of this
provision, the party or parties making or consenting thereto,
directly or indirectly, shall be liable to said company for the
amount so loaned, and all counsel fees and losses which may
result therefrom.
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Subject to act
of 1892.
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SEC. 11. And be it enacted, That said corporation shall be
subject at all times to the provisions of the act of 1892,
chapter 109.
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