1. To lend and advance money or give credit on any terms or mode and with or without security to any individuals firm, body corporate or any other entity and to enter into guarantees, contracts of indemnity and surety ship of all kinds, to receive money on deposits or loan upon any terms, and to secure or guarantee in any manner and upon any terms the payment of any sum of money or the performance of any obligation by any person, firm or company upon such terms and conditions as the company may think fit.
2. To lend or advance money to builders and other persons on securities of all description whether real or personal and to grant loans upon mortgage of any lands, buildings and hereditaments of whatever tenure for the improvement thereof or otherwise.
3. To acquire by purchase, lease or otherwise any premises for the construction and/or establishment of a safe deposit vault and to maintain therein fire proof and burglar proof strong rooms, safes and other receptacles for purpose of safe custody or deposit of securities and valuables and to carry on the business of letting on hire the safe deposit lockers to such persons and on such terms and conditions as the Company may deem it.
4. To discount accept, collect Bills of exchange, Hundies, Promissory notes, Coupons, drafts, Bills of lading, railway receipts, warrants, debentures, Certificates, Scripts and conditions as the company may deem it.
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