1304                                      LAWS OF MARYLAND                                Ch. 651

57.

(A)  Upon the filing of any such certificate of authorization of a trust company,
the persons named therein and their successors shall thereupon and thereby become
a corporation and shall possess the following powers:

(B)  First: To act as the fiscal or transfer agent of any state, municipality, body
politic or corporation; and in such capacity to receive and disburse money, to
transfer, register and countersign certificates of stock, bonds or other evidences of
indebtedness, and to act as agent of any corporation, foreign or domestic, for any
lawful purpose.

(C)  Second: To receive deposits of trust moneys, securities and other personal
property from any person or corporation, and to loan money on real or personal
securities and to receive money on deposit.

(D)   Third: To lease, hold, purchase and convey any and all real property
necessary in the transaction of its business, or which the purposes of the
corporation may require, or which it shall acquire in satisfaction or partial
satisfaction of debts due the corporation under sales, judgments or mortgages, or
in settlement or partial settlement of debts due the corporation by any of its
debtors.

(E)   Fourth: To act as trustee under any mortgage or bond issued by any
municipality, body politic or corporation, and accept and execute all other
municipal or corporate trusts not inconsistent with the laws of this State.

(F)  Fifth: To accept trusts from and execute trust for married women, in respect
to their separate property, and to be their agent in the management of such
property, or to transact any business in relation thereto.

(G)  Sixth: To act under the order or appointment of any court of record as
guardian, receiver or trustee of the estate of any (minor) PERSON UNDER
EIGHTEEN YEARS OF AGE or other person or corporation, and as the
depositary of any moneys paid into court, whether for the benefit of any such
minor or other person, corporation or party.

(H) Seventh: To take, accept and execute any and all such legal trusts, duties
and powers in regard to the holding, management and disposition of any estate,
real or personal, and the rents and profit thereof, as may be granted or confided to
it by any court of record, or by any person, corporation, municipality or other
authority; and it shall be accountable to all parties in interest for the faithful
discharge of every such trust, duty or power which it may so accept.

(I) 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 committed or transferred to it or vested in it 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.

(J) 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,
discounting and negotiating promissory notes, bonds, drafts, bills of exchange,
foreign and domestic, and other evidences of debt; by receiving deposits of money
upon which interest 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 exchange, bonds and mortgages and other securities; by becoming