The Charter And By Laws of the Pennsylvania Company for Insurances On Lives Gra

Pennsylvania Company for Insurances On Lives And G

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SECT. 5. No bond or collateral security shall be required Capital stock from the said company, when appointed trustee, assignee, ![ n the u^Je guardian, committee or receiver ; but all investments of mo- for all trust neys received in trust by the said company, shall be at the funds - risk of said corporation, and for all losses of such moneys, the capital stock, property and effects of the said corporation shall be absolutely liable.
14 Certificates SECT. 6. The said company shall and may, whe...never re- to be issued. , , .. , . , .. ..
quired so to do, issue certificates for the amount of all moneys deposited with them in trust, which certificates shall be assign- able, and transferable on the books of the company, under such regulations as may be prescribed by the president and directors.
How trust SECT. 7. All sums of money received under or by virtue belnvested. F ^ e provisions of this act, shall and may be invested as the other funds of the company now are, or hereafter may be, by law allowed to be invested.

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