Ch. 651                              MARVIN MANDEL, Governor                                1305

the owner and lessor of personal property acquired upon the specific request of and
for the use of a customer, provided, however, that the overall aggregate of such
property purchased for the use of any one customer shall not exceed ten percent
(10%) of the unimpaired capital and surplus of the trust company, and the overall
investment of the trust company in such property leased to all lessees shall at no
time exceed one hundred percent (100%) of its unimpaired capital and surplus; 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 importation or exportation of goods, [(provided]] or which grow out of
transactions involving the domestic shipment of goods, providing 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 dependencies 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, or insular
possessions, provided that it shall not accept such drafts or bills of exchange for
the purpose of furnishing 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 accepting company unless the draft or bill of exchange is
accompanied 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 letters of credit authorizing the holders thereof to draw drafts
upon it or its correspondents at sight or on time not exceeding one year; and when
moneys or securities for moneys are borrowed or received on deposit, or for
investment, the bonds or obligations of the company may be given therefor, but it
shall have no right to issue bills to circulate as money.

(K) Tenth: To be appointed and to accept the appointment of executor or of
trustee under the last will and testament, or administrator, with or without the will
annexed, of the estate of any deceased person, and to be appointed to act as the
committee of the estate of lunatics, idiots, persons of unsound mind and habitual
drunkards.

(L) Eleventh: To deposit securities for the purpose of securing deposits of the
United States government and its agencies, and the State of Maryland and
counties, cities, towns, and other political subdivisions of the State of Maryland
and its departments and agencies, including the Treasurer and Comptroller, or to
secure the surety or sureties on bonds furnished to secure such deposits, and to
pledge securities to secure the prompt repayment of deposits, of money of estates
administered under the bankruptcy laws of the United States.

100.

Whenever any deposit shall be made in any bank, savings institution or trust
company, by and in the name of any [minor] PERSON UNDER EIGHTEEN
YEARS OF AGE or female being or thereafter becoming a married woman, the
same shall be held for the exclusive right and benefit of such minor or female, and
free from the control or lien of all persons whatsoever, except creditors, and shall
be paid, with any interest due thereon, to the person in whose name the deposit
shall have been made, and the receipt, of such minor or female shall be a sufficient
release or discharge for such deposit to the bank.