Any officer having power to admit to bail may accept as recognizor any bonding, guarantee or trust company incorporated under the laws of the State of Maryland, or under the laws of any State in the United States, and doing business in the City of Baltimore, which is authorized by its charter to become surety on official bonds. P.L.L., 1915, §278G 1927, §278G 1930, §278G 1938, §364 1949, §191 1969, §22-19 1898, ch. 138, §207G