LLOYD LOWNDES, ESQUIRE, GOVERNOR.

1253

sums of money in any mercantile, manufacturing, commercial
or other business, or in any lawful enterprise transacted or
carried on, or to be transacted or carried on in the State
of Maryland or elsewhere in cqnnection with any person,
persons, firm, firms, copartnership, copartnerships, corpora-
tion, corporations, joint stock company, joint stock com-
panies ; provided, only, that such investment shall, when
made, be thereupon advertised in the amount thereof and
for the time or period whereof in some newspaper published
in the city or county where the principal office or place of
business, as the case may be, of such person, persons, firm,
firms, copartnership, copartnerships, corporation, corporations,
joint stock company or joint stock companies shall be located
or intended to be located, once a week for three successive
weeks ; and said body corporate hereby incorporated shall,
upon making such investment, have, with regard to such busi-
ness or enterprise, the full rights and privileges of a general
partner therein, and shall be liable for the payment of such
claims and demands as may be or may have been incurred by
such person, persons, firm, firms, copartnership, copartner-
ships, corporation, corporations, joint stock company or joint
stock companies for and on account of and for the benefit and
advantage of such business or enterprise only to the extent of
the investment so made and advertised, and to no other or
greater extent.

Bight to In-
vest money.

SEC. 7. And be it further enacted, That the said body cor-
porate shall have the right to receive money on deposit, evi-
dences of debt for collection, for discount or otherwise,
chattels, stocks, bonds and all proper writings on storage, or as
collateral security, upon such terms as may be agreed upon or
established by said company, and shall have the right to guar-
antee, endorse and secure the payment, punctual performance
and collection of notes, debts, due bills, bills of exchange, conr
tracts, bonds, accounts, claims, rents, annuities, mortgages and
interest thereon, choses in action, evidences of debt, checks,
titles to property, indebtedness of individuals or of copartner-
ships, firms, corporations or joint stock companies, loans of
States, cities, counties and municipalities, upon such terms as
may be agreed upon or established by the said company.

Right to
receive
money.

SEC. 8. And be it further enacted, That the said body cor-
porate, be and it is hereby authorized to accept and execute
trusts of any and every description which may be committed
or transferred, with its consent, to it by any person or persons
whomsoever, bodies corporate or public, or by any court in the

Accept and
execute
trusts.