PRIVATE ACTS. 1287

istrator of any kind or nature, whenever said office or ap-
pointment is conferred or made by any person or persons,
or by any Orphans' Court or other court, either of this State
or of any of the United States; and in all cases in which
application shall be made to any court of this State for the ap-
pointment of any receiver, trustee, executor, administrator,
assignee, guardian or committee, it shall be lawful for such
court, if it shall think fit to appoint said company, with its con-
sent, such receiver, trustee, executor, administrator, assignee,
guardian or committee, and the accounts of said company as
such receiver, trustee, executor, administrator or assignee,
guardian or committee, shall be regularly settled before the
tribunal making such appointment or having jurisdiction, and
upon such settlement all proper legal and usual charges, costs
and expenses, shall be allowed the said company for its care
and management of the trusts and estates aforesaid; and when
any court shall appoint said company as receiver, trustee,
executor, administrator, assignee, guardian or committee, or
shall order the deposit of money or other valuables of any kind
with said company, or whenever said company shall act in any
such capacity, the capital stock of said company shall be taken
and considered as the security required by law for the faithful
performance of any duty imposed upon it by any order or
decree of such court; unless the said court shall deem proper to
require further security; and the said corporation shall be
liable in case of any default in the performance of any duty
imposed upon it as aforesaid, and shall be subject to the provi-
sions of the laws of the State of Maryland, and the liabilities
of the stockholders shall at all times be determined by the laws
of the State in force at the time the said liabilities may attach.
Upon the appointment of said company as receiver, trustee,
executor, administrator, assignee, guardian or committee, no
official bond shall be required from said corporation.

SEC. 2. And be it enacted, That sections 4 and 14 1/2 are here-
by repealed.

SEC. 3. And be it enacted, That this Act shall take effect
from the date of its passage.

Approved April 6, 1908.

CHAPTER 416.

AN ACT to declare the sanction and consent of the General
Assembly of Maryland to sundry gifts, bequests and devises
contained in the last wills and testaments of certain per-
sons late of the State of Maryland, deceased, and also to