610

LAWS OF MARYLAND.

shall be declared where the capital stock would be impaired
thereby.
SEC. 7. And be it further enacted, That said company shall
have power to receive money on deposit, to act as agent for the
purpose of issuing, registering or countersigning certificates of

Power to re-
ceive money

stock, bonds or. other evidence of debt of any State, corpora-
tion, association, municipality or public authority, on such
terms as will be agreed upon ; to deal in exchange, foreign and
domestic, and in every and all descriptions of property, 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 any incorporated company, or any individual.
SEC. 8. And be it further enacted, That any and every
court into which moneys may be paid or deposited by agree-
ment of parties, order, judgment or decree of such court, may

Where
deposited.

order and direct the same to be deposited with said company,
and any individual or administrator, guardian, committee, re-
ceiver, assignee, trustee, State, county or municipal govern-
ment or corporation, or public officer, or any person or persons
acting for others, having the custody of any bonds, stocks,
secuntiee, moneys or values, shall be authorized to deposit the
same for safe keeping with the said company.
SEC. 9. And be it enacted, That said company may receive,
upon storage, deposit or otherwise, merchandise, specie, plate,
bullion, stocks, promissory notes, certificates and evidences of

Goods re
celved upon
storage.

debt, contracts, and all other personal property, and advance
money thereupon on, such terras 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. 10. And be it enacted, That the said company be and
it is hereby authorized to accept and execute trusts of any and

Accept and
execute
trusts.

every description, which may be committed or transferred with
their consent to them by any person or persons whomsoever,
bodies corporate or public, or by any court in the State of
Maryland, or in any one of the United States ; and 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 in this State or in any one of the
United States, and that in all cases where application shall be