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Session Laws, 1898 Session
Volume 482, Page 794   View pdf image (33K)
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794

LAWS OF MARYLAND.

person or persons, firms, bodies corporate or public, or by any
court in the United States, and to accept the appointment and
office of executors or administrators, of any kind or nature,
whenever such office or appointment is conferred, or made by
any person or persons, or by any orphans' court or other court,
either of this State or of any one of the United States, and
that in al] cases where application shall be made to any court
of this State for the appointment of any receiver, trusteee,
administrator, executor, assignee, guardian of any minors, or
committee of a lunatic, it shall and may be lawful for such
court to appoint the said corporation, with its assent to act a&
such, and the accounts of said corporation as such receivers,
trustees, administrator, executor, assignee, guardian or com-
mittee, shall be regularly settled before the court making such
appointment ; and upon such settlement and adjustment, all
proper, legal and customary charges, costs and expenses shall
be allowed to said corporation for its care and management of
the trusts and estates aforesaid, in accordance with the practice
of the court so appointing, as in the case of natural persons
when so appointed, and the said corporation as such receiver,
trustee, administrator, executor, assignee, guardian, or com-
mittee, shall be subject to all lawful orders or decrees made by
the said conrt.

SEC. 8. And be it further enacted, That the said corporation

Receive and
keep on
deposit
valuables,
etc.

be and is hereby authorized and empowered to receive and
keep on deposit, storage or otherwise, all such valuables as
gold, silver or paper money, bullion, precious metals, jewels,
plate, certificates of stock, evidences of indebtedness, promis-
sory notes, contracts, deeds or muniments of title, or other
valuable papers of any kind, or any other article or thing
whatsoever ; and take charge and custody of real and personal
estates, and securities and advance money thereupon, on such
terms as may be established or approved by said corporation ;
and it may be lawful for any court of this State, or a United
States Court, into which money, stocks, bonds or other prop-
erty may be paid or deposited by agreement of parties, order,
judgment or decree of such court, to order and direct the same
to be deposited with said corporation ; and that any executor,
administrator or other trustee or receiver, agent or other public
officer having the control of any bonds, stocks, security, moneys
or other valuables belonging to others, shall be and is hereby
authorized to deposit the same for safe keeping with said cor-
poration, and that in all cases in which public officers, munici-
pal or private corporations may be authorized to deposit money,



 
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Session Laws, 1898 Session
Volume 482, Page 794   View pdf image (33K)
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