680 LAWS OF MARYLAND. [CH. 307

Eighth. To take, accept and execute any and all such
trusts and powers of whatever nature and description as
may be conferred upon or intrusted or committed to it
by any person or persons or any body politic, corporation
or other authority, by grant, assignment, transfer, devise,
bequest or otherwise, or which may be intrusted or com-
mitted or transferred to it or vested in if by the order of
any court of the State, and to take and receive and hold
any property or estate, real or personal, which may be the
subject of any such trust.

Ninth. To exercise, by its directors, duly authorized
officers or agents, all such powers as shall be usual in
carrying on the business of banking; by buying, discount-
ing and negotiating promissory notes, bonds, drafts, bills
of exchange, foreign and domestic, and other evidences
of debt; by receiving deposits of money upon which inter-
est may be paid; by buying and selling coin and bullion;
by buying and selling exchange, foreign and domestic; by
purchasing, investing in and selling stocks, bills of ex-
change, bonds and mortgages and other securities; by
accepting for payment at a future date, drafts or bills of
exchange drawn upon it, having not more than six months
to run, which grow out of transactions involving the im-
portation or exportation of goods, or which grow out
of transactions involving the domestic shipment of goods,
provided shipping documents conveying or securing title
are attached at the time of acceptance, or which are secured
at the time of acceptance, by a warehouse receipt or other
such document conveying or securing title covering readily
marketable staples; by accepting drafts or bills of exchange
drawn upon it having not more than three months' sight
to run, by banks or bankers in foreign countries or depen-
dencies or insular possessions of the United States for the
purpose of furnishing dollar exchange as required by the
usages of trade in the respective countries, dependencies,
or insular possessions, provided that it shall not accept
such drafts or bills of exchange for the purpose of fur-
nishing dollar exchange for any one bank or banker to an
amount exceeding in the aggregate ten per centum of the
paid-up and unimpaired capital and surplus of the accept-
ing company unless the draft or bill of exchange is accom-
panied by documents conveying or securing title or by
some other adequate security, and provided further that
it shall not accept such drafts or bills of exchange for the
purpose of furnishing dollar exchange in an amount
exceeding at any time the aggregate of one-half of its
paid-up and unimpaired capital and surplus; by issuing