PRIVATE ACTS. 1297

istrator, executor, assignee, guardian or committee; and the
accounts of said company as such receiver, trustee, adminis-
trator, executor, assignee, guardian or committee shall be regu-
larly settled and adjusted before that tribunal, and upon such
settlement as adjusted, all proper legal and customary charges,
costs and expenses shall be allowed to said company for its care
and management of the trust and estate 'aforesaid; and the said
company, as such receiver, trustee, administrator, executor, as-
signee, guardian or committee, shall be subject to all orders or
decrees made by the proper tribunal under the laws of such
State.

SEC. 11. And be it enacted, That when any court shall ap-
point said company a receiver, trustee, administrator, executor,
assignee, guardian or committee, or shall order the deposit of
money or other valuables of any kind with said company, the
capital stock, as paid in, shall be taken and considered as the
security required by law for the faithful performance of their
duties; provided, the said court shall not deem it necessary to
require further security, and shall be absolutely liable in case
of any default whatever; the court, if it deem necessary, may,
from time to time, appoint suitable persons to investigate the
affairs and management of said company, who shall report to
such court the manner in which such investments are made, the
security afforded to those by or for whom its engagements are
held, and the expenses of such investigation shall be defrayed
by the said company; or the court may, if deemed necessary,
examine the officers of said company under oath or affirmation
as to the security aforesaid.

SEC. 12. And be it enacted, That any executor, administra-
tor, guardian or other trustee, receiver, assignee or public offi-
cer having the control of any bonds, stocks, securities, moneys
or other valuables belonging to others, shall be and is hereby au-
thorized to deposit the same for safe keeping with said com-
pany ; but nothing contained in this Act shall be construed to
relieve any such officer depositing with said company, as au-
thorized by any section hereof, from any legal liability for such
deposits, unless he shall have been ordered to make the same
by the proper court.

SEC. 13. And be it enacted, That the said corporation be
and the same is hereby authorized and empowered to take the
management, custody and charge of property, real, personal
and mixed; and to advance money on securities and credits,
and upon any .property, real, personal or mixed, on such terms
and with all such powers of sale, or other disposition thereof,
as by the charter or by-laws of this company, or by agreement
in writing between the said company and the person or persons
to whom advances as aforesaid may be made; and the said cor-