1078

LAWS OF MARYLAND.

Receive
money on
deposit.

purpose of issuing, registering or countersigning certificates of
stock, bonds or other evidence of debt of any State, corpora-
tion, association, municipality or public authority, on such
terms as may be agreed upon ; to deal in exchange, foreign and
domestic, and in every and all description of properties, per-
sonal effects, securities, mortgages, land, certificates of indebt-
edness, stocks of incorporated companies, notes, loans on bonds
of the United States, or of any city, county or municipality,
or of any incorporated company, or any individual.
SEC. 7. And be it further enacted, That said company be
and is hereby authorized and empowered to insure the fidelity

Become
surety.

of persons holding places of trust or responsibility to or under
any State, county, city, corporation, company, person or persons
whatsoever, to become security for the faithful performance of
any trust, office, duty, contract or agreement, and to supersede
any judgment, or to go upon any appeal or other bond ; and it
is further authorized to become sole surety in all cases where
by law two or more sureties are required for the faithful per-
formance of any trust or office, and it shall and may be lawful
for any court, register, clerk, or other officer, to approve said
company as sole surety in all such cases ; but in such cases the
officers and affairs of said company may be subject to an exami-
nation by such court, register, clerk or other officers ; and it
shall be lawful for said company to stipulate and provide for
indemnity from the parties aforesaid for whom it shall so become
responsible, and to enforce any bond, contract, agreement,
pledge or other security, made or given for that purpose ; that
said corporation shall be subject at all times to the provisions
of the Act of 1892, chapter 109, and to the Act of 1892, chap-
ter 279, or any amendments or supplements thereto.

Money to be
deposited.

SEC. 8. And be it further enacted, That any and every
court into which money may be paid or deposited by agreement
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 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 the said company.

Certain
power
given.

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