The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1910-07-22

CATION shall be uctravcd by said com
pany; or the Court may, il deemed neces.
sary. examine the officers of said Com.
pany under oath of affirmation as to the
security afforded; and said Company is
further authorized to take charge Of.
care for, and manage any aud all proper
ty of every kind and description which
may he placed In its charge, care or
management, by letters or powers oil
attorney or otherwise, as fully in every
respect rs could or may be done by an
individual, also to execute all authorities
aud tn attend to, care tor, and manage all
matters al business oi every kind, nature
aud description which may be conferred
upon II by any person ~ body corporate,
including the sale. IT, ,sc or other DISPOSE.
ton ni property, real ur personal, aud to
collect all moneys, with iull power and
authority to execute and deliver On he
halt Of it's principals. deeds. leases, re.
leases. bonds and covenants. contracts
or other instruments OF writing; to
institute suits, actions or other proceed.
inps on their behalf and to fully attend
to any OF said matters and things com.
mitted to it's charge. as fully IN every
respect aS can or may he don. by an
Individual; and said Company shall be.
and 10 hereby authorized to exercise
powers oi sale oi mortgaged premises,
wherever and whenever such power OF
sale IL or may he conferred upon It by
any instrument Ut mortgage, either as
mortgage =: as the Attorney named
therein. or as the nssignees of any
mortgage and for the faithful execution
Of the powers Of this action conferred
upon the said Company, its capital
stock and surplus shall he liable in the
same manner as herein provided.
SHcTIoN 7. And he II enacted. That
any individual agent, executor, admins
traitor, guardian, committee, receiver.
curator. assignee OF other person or
Sta'c, City or County officer ar ublic
nilIcer, or any person or persons acting
tor others. having the cOntfol or other
custody OF any bonds. stocks. securities,
moneys or other yaluablcs b, Inging TO
themselves or others. shall he and re
hereby authorized to deposit the same
for safe keeping with said Company.
SECTInN \. And he II enacted that the
said Corporation In hcreby authorized t.
take, have, hold and enjoy all such estates.
real, personal and mixed. ms may lie oh.
stock and all other moneys or fluids that
may come intoitsposscss inn in the course
Of it's dealings aud busircss. and The same
tn sell. grant. mortgage, lease and dis.
pose Of at the pleasure, and to execute
and acknowledge and deliver all deeds
Of trust aud other lnstrumsntso writing
conct rning the same.
SKcTiuN .. And he II enacted that the
said Company IL hereby authorized to
net ~ agent Tor the purpose Of issuing,
registering or cOuntcrsiHLing certificates.
stocks, bonds or other evidences Of debt
nf ANY State, Corporation. Association,
Municipality or public authority, on
such terms "a may he agreed upon, and
tn receive money on deposit, subject to
check and savings account, deal ia ex.
change. foreign nr domestic. and inevery
and all descriptions of properties,
personal effects, securities, mortgages,
loans. crrtiiicni y of indebtedness, stocks
Of incorporated companies. individual
firm, company Indebtedness, stock Of In.
cnrpuratrd comp tnits. individual iirm,
company. Incorporation nOtrsOr bonds,
SECTiuN 10. Aud he il enacted that
any Court ni this State or any other
state or the United States. into which
moneys may he paid Or deposited by
agreement III parties, order, ju igment ~
decree al said county, nay order aud
and direct tie same to he deposited with
.aid Company; and when such deposits
shall have been made, the same, like all
moneys deposited with said Company by
individuals or corporation. shall he nj
all times subject to withdrawal by the
4 In Il "A
duly authorized 10 withdraw the same
SKcTIoS 1. And he 1t enacted that
said Company Is authorized aud shall
have discretionary power toinvest at its
pleasure all moneys received ON deposit
loan or otherwise, In eases in which
public officers or municipal or private
corporations Or other persons are author.
iz'd to deposit money, stocks, bonds or
evidences II debt, such deposits by such
officers or corporations or other persons
may he made with said company upon
such terms and upon such liability az
may he agreed upon, hut any deposits Of
money made by such officers or corpora.
tlOns or other persons unless Otht wise
stipulated, shall lr regarded nm ord.
nary general deposit, may he made nc.
cOrding TO the custom and usage 81 bank.
ing; and said Company shall have po wer
and authority to provide rules, rcgula
tiOns, by laws. or other means Tor and
To determine all matters Of arbitrament
or award referred or submitted to il by
order Of any Court, or as may he agreed
upon. provided or established by said
Court Or by said parties.
SgCTnlS ~. And be il enacted that
the said Company shall he and II IL here.
by authorized and cmpo wercd u receive
and keep on deposit, tas bailec. Tor safe
kcrpingJ and storage. all valuables, gold,
silver or paper money. bullion. precious
metals, jewels. plate, certificate Of 1T ocks
or evidences Of Indebtedness. deeds or
monuments Of title OF other valuable
paper Of any kind. or any other article or
thing whatsoever, which may he left
deposited or placed in storage for safe
keeping with said Company, and guaran.
tcting their safety upon such terms and
Tor such commissions or compensation
as may be agreed upon; and Tor the com.
pletc preservation and safe keeping there.
nf is hereby authorized to construct,
erect, purchase. lease or rent such fire or
burglar proof building. vaults. iron or
composition safes or other means which
may he or become necessary and let
vaults, safes and other receipt acles for
such uses and PURPOSES. aud generally Ia
transact and perform all the business
relating to such deposit and safe keeping
or preservation Of all such articles, valu.
ables or property as may be deposited
with said Company.
SECTION 49, And be IL enacted, That
the said Company hereby created shall
have the power to enact and adopt such
rules, regulations and by laws for the
government and management Of the A.
fairs Of said corporation AZ il may deem
advantageous to tie interest thereof
| provided, the same be not contrary "a
the law Of the land
SgcTIoN - And he II enacted, That
the directors shall have power to declare
such dividends Of the profits Of the said
Company as they may deem proper. pro
| yided, that NJ dividend shall he declared
when the capital stock would be impair
| ed thereby.
SECTIOS 10, And be II enacted. That
the said Company shall be subject to tn,
provisions Of Chapter 100 Of the Acts o
the General Assembly Of 1892. and the
liability Of the Stockholders thereof shall
at all times he determined by the laws o
this State in force at the time the said
liability may attach, provided, no weyer
that said corporation shall be sui jrct 10
the provisions Of Article II Of the Public
General Laws Of his State. title Banks
and any amendments thereof. and thu
liability Of the stockholders thereof shall
! - H.. 4 H., L. l.