LLOYD LOWNDES, ESQUIRE, GOVERNOR.
SEO. 7. And be it enacted. That the said company be and
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they are hereby authorized to accept and execute trusts of all
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 the 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 con-
ferred 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 of this State for the appointment of any receiver,
trustee, administrator, executor, assignee, guardian of any
minors or committee of a lunatic, it shall and may be lawful
for such court, if it shall think fit, to appoint the Atlantic
Trust and Deposit Company of Baltimore; with their assent,
such receiver, trustee, administrator, assignee, guardian or com-
mittee, and the accounts of said company as such receiver,
trustee, administrator, executor, assignee, guardian or committee,
shall be regularly settled and adjusted before the tribunal ; and
upon such settlement and adjustment all proper, legal and cus-
tomary charges, costs and expenses shall be allowed to said
company for their care and management of the trusts and
estates aforesaid ; and the said company, as such receiver,
trustee, administrator, executor, assignee, guardian or commit-
tee, shall be subject to all orders or decrees made by the proper
tribunal under the laws of this State.
SEC. 8. And be it enacted, That said company shall have
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Accept and
execute
trusts.
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power to receive money on deposit, to act as agent for the pur-
pose of issuing, registering or countersigning certificates of
stock, bonds or other evidences 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 ;
personal effects, securities, mortgages, land, certificates of
indebtedness, stocks of incorporated companies, notes, loans on
bonds of the United States, or of any city, county or munici-
pality, or of any incorporated company, or any individual.
SEC. 9. And be it enacted, That any and every court into
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Receive
money, on
deposits,
etc.
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which monies may be paid or deposited by agreement of par-
ties, order, judgment or decree of such court, such court may
order and direct the same to bfe deposited with said company,
and any individual or administrator, guardian, committee,
receiver, assignee, trustee, State, county or municipal govern-
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May order
and direct
money to be
deposited
with said
company.
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