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Session Laws, 1910 Session
Volume 487, Page 1296   View pdf image (33K)
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1296 LAWS OF MARYLAND.

SEC. 7. And be it enacted, That said company shall have
power to receive money on deposit, to act as agent for the pur-
pose of issuing, registering or countersigning certificates of
stock, bonds or other evidences of debt of any State, corpo-
ration, association, municipality or public authority, on such
terms as will be agreed upon; to deal in exchange, foreign and
domestic, and in all and every description of property, personal
effects, securities, mortgages, lands, certificates of indebtedness,
stocks of incorporated companies, notes, loans of bonds of the
United States, or of any city, county or municipality, or of any
incorparted company or of any individual.

SEC. 8. And be it enacted, That any and every court into
which moneys may be paid or deposited by agreement of par-
ties, 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, as-
signee, trustee, State, county or municipal government or cor-
poration, or public officer, or any person or persons acting for
others, having the custody of any bonds, stocks, securities,
moneys or valuables, shall be authorized to deposit the same
for safe keeping with 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 of evidence 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 evidences of debt, such deposits
by such officers or corporations may be made with said com-
pany.

SEC. 10. And be it enacted, That the said company be and
is hereby authorized to accept and execute trusts of any and
every description, which may be committed or transferred with
their consent to it by any person or persons whatsoever, bodies
corporate or public, or by any courts in the State of Maryland
or in any one in the United States; and accept the office and
appointment 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 the 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 made
to any court in this State for the appointment of any receiver,
trustee, administrator, executor, assignee, guardian, or commit-
tee of a lunatic or minor, it shall be lawful for such court, if it
shall think fit, to appoint the Carroll Banking, Realty and
Trust Company, with its assent, such receiver, trustee, admin-


 

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Session Laws, 1910 Session
Volume 487, Page 1296   View pdf image (33K)
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