1392 LAWS OF MARYLAND.

purchase and negotiate notes, bills obligatory or other evidence
of debt; to borrow money and receive money for deposit, and
may pay interest thereon upon such terms and conditions as may
be prescribed by its Board of Directors; to discount notes in
accordance with bank usage, and lend money, taking such secu-
rity therefor, either real or personal, as the Board of Directors
may deem sufficient; and said corporation may buy or sell
bills of exchange, notes, bonds or other securities; may pur-
chase and hold such real and personal property as may be
necessary for the accommodation and transaction of its busi-
ness; may issue letters of credit and other commercial obliga-
tions and transact, carry on and do -a general banking busi-
ness.

SEC. 3. And be it further enacted, That any and every Court
in which money may be paid by order or decree of such Courts
may direct the same to be deposited with said corporation; or
any individual or administrator, guardian, receiver, assignee,
trustee, State, county or municipal givernment or corporation,
or any person or persons acting for others shall be authorized
to deposit money, bonds, stocks and securities with said corpo-
ration for safekeeping; and said corporation is hereby author-
ized to maintain safe deposit boxes or other receptacles for the
safekeeping of money, securities, papers or other valuable arti-
cles, which boxes may be rented from said corporation upon
such terms and conditions as it may deem advisable.

SEC. 4. And be it further enacted, That when any deposit
shall be made with said corporation by minors, such deposits
shall be received, held and paid over upon precisely the same
terms and conditions as those made with adult depositors, and
the check or receipt of any such minor shall be valid and bind-
ing upon him or her, any law of the State to the contrary not-
withstanding.

SEC. 5. And be it further enacted, That the said corporation
is authorized to take, have, hold and enjoy all such estate, real,
personal and mixed, as may be obtained by the investment of
its capital stock, and all other moneys or funds that may come
into its possession in the course of its dealings and business,
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 it shall be
such as may be deemed necessary or expedient by the directors
thereof for the accommodation and transaction of its business
or which it may acquire as protection against loss or damage
from contracts or transactions made or to be made in the usual
course of its business of commercial and general banking.