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Session Laws, 1908 Session
Volume 483, Page 1474   View pdf image (33K)
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1474 LAWS OF MARYLAND.

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 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 agreement of
parties, order, judgment or decree of such court, may order
and direct the same to be deposited with said company, and
any individual or administrator, guardian, committee, receiver,
assignee, trustee, State, county or municipal government or
corporation, or public officer, or any person or persons acting
for others, having the custody of any bonds, stocks, securities,
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
debt, contracts, and all other personal property, and advance
money thereupon on such terms as may be established or ap-
proved by said company; that in all cases in which public
officers or municipal or private corporations are authorized to
deposit money, stocks, bonds or evidence of debt, such deposits
by such officers or corporations may be made with said com-
pany.

SEC. 10. And be it enacted, That any executor, administra-
tor, guardian or other trustee or public officer having the con-
trol of any bonds, stock, securities, moneys or other valuables
belonging to others, shall be and is hereby authorized to de-
posit same for safe keeping with said company, but nothing
contained in this Act shall be construed to relieve any such
officer depositing with said company as authorized by any sec-
tion thereof from any legal liability for such deposits unless
he shall have been ordered to make the same by the proper
court.

SEC. 11. And be it enacted, That the said corporation is au-
thorized to take, have, hold and enjoy all such estates, real, per-
sonal and mixed, as may be obtained by the investment of their
capital stock, and all other moneys or funds that may come
into their possession in the course of their dealings and busi-
ness, and the same to sell, grant, mortgage, lease and dispose
of at pleasure, and to execute, acknowledge and deliver all
deeds and other instruments of writing concerning the same;
provided, however, that the said real estate so to be held by

 

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Session Laws, 1908 Session
Volume 483, Page 1474   View pdf image (33K)
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