1312 LAWS OF MARYLAND.

in the course of its dealings and business, and the same to sell,
grant, mortgage, lease and dispose of at pleasure, and to exe-
cute, acknowledge and deliver all deeds and other instruments
of writing concerning the same.

SEC. 7. And be it enacted, That the said corporation shall
have power to receive money on deposit, to act as agent for the
purpose of issuing, registering, countersigning or underwriting
certificates of stocks, bonds or other evidence of debt of any
State, county, city, municipality or public authority, corpora-
tion, association or individual, on such terms as may be agreed
upon; to deal in exchange, foreign and domestic, and in every
and all descriptions of property, personal effects, securities,
mortgages, land, certificates of indebtedness, stocks of incor-
porated companies, notes, warehouse receipts, and bills of
lading, loans and bonds of the United States or of any city,
county or municipality, or any incorporated company or any
individual.

SEC. 8. And be it enacted, That the said body corporate shall
have the right to invest, upon such terms as may be agreed upon
or established by said corporation, any sum or sums of money
in any mercantile, manufacturing or commercial or other busi-
ness, or in any lawful enterprise transacted or to be transacted
in the State of Maryland or elsewhere in connection with any
person, firm, firms, copartnership, copartnerships, corporations,
joint stock company or companies; provided, that such invest-
ment shall, when made, be thereupon advertised in the amount
thereof, and for the time or period whereof, in some newspaper
published in the town or county where is the principal office or
place of business, as the case may be, of such person, persons,
firm, firms, copartnership, copartnerships, corporation, cor-
porations, joint stock company or companies, shall be located
or intended to be locatd, once a week for three successive weeks,
and said body corporate hereby incorporated shall upon making
such investment, have, with regard to such business or enter-
prise, the full rights and privileges of a general partner therein,
and shall be liable for the payment of such claims and de-
mands as may be or may have been incurred by such person,
persons, firm, firms, copartnership, copartnerships, corpora-
tion, corporations, joint stock company or companies, for and
on account of and for the benefit of and advantage such busi-
ness or enterprise only to the extent of the investment so made
and advertised, and to no other or greater extent.

SEC. 9. And be it enacted, That the board of directors of said
corporation shall consist of not fewer than five or more than
fifteen members.