The Express.
London, England, 1857-09-07 00:00:00

MB TRAUDCLENT TV:CUES ACT.

The following is a copy of the new act to make
better provision for the puntehmmt of frauds committed by
trustees, beakers, and other pemoiss entrusted with property:
Whereas it Is expedient to make better provision for the
panishment of froths committed by truster, bankers, and
other persons entrosted with property : Be it enacted by the
Queen's mart excellent blajeety, by and with the advies and
COMMA of the Lords Spiritual and Temporal, and Commons,
In the mead parliament assembled, and by the authority
of the same, as follows
1. If any person being a trustee of any property for the
benefit, either wholly or partially, of some other person, or
for any public or charitable purpose, shall, with intent to de-
fraud, convert or appropriate the same or any part thereof to
or for his own use or purposes, or shall, with intent afore-
said, otherwise dispose of or destroy such property or any
part thereof, he chill be guilty of a misdemeanor.
2. If any person being a banker, merchant, broker, attar-
sfyi or Kant, and being entrusted for safe custody with the
property of any other person, shall, with intent to defraud,
I sell, negotiate, transfer, pledge, or in any manner convert or
=Pr• to or for his ownsuch property or any part
, use
shall be guilty of a misdemeanor.
3. If any person entrusted with any power of attorney
let the sale or transfer of any property shall fraudulently
seC or transfer or otherwise convert each property or any
pare thereof to his own use or benefit, he shell be guilty of a

4. If say person, being a bailee of any property, shall
frandaloody take or convert the same to his own We, or the
am of any person other than the owner thereof, although he
shall not break bulk or otberwiss determine the !ailment, he
shall be guilty of larceny.
6. If any person, being a director, member, or public
officer of any body corporate or public company, shall frau-
dulently take co apply, for his own um, any of the money or
other property of such body corporate or public company, ha
shall be guilty of • coiedermanor.
6. If any person, being a director, public officer, or
manager of any body corporate or public company, shall as
such receive or pour himself of any of the money or other
property of auth body corporate or public company other-
wins than in payment of a just debt or demand, and shall,
with latent to defraud, omit to make or to cause or direct
to be made a fall and erm entry thereof in the books and
accounts dutch body corporate or public company, he shall
be guilty of a misdemeanor.
T. lt say director, public officer, or member of
and.a.,
Jody oorponte or public 'company shall, with Intent to
, destroy, alter, mutilate, or falsify any of the hooka,
papas, writings, or securities belonging to the body corpo-
rate or public company of which he la a director or manager,
rake aloe, or member, or make or concur in the making
of any false entry, or any material ondasion in asy book of
secount or other document, he shall be guilty of a amide-

8. It director, manager, or public officer of any body
oorporate or public company shall maim, circulate, or publish,
et concur in making, circulating, or pabliskiing, any written
statement or account which be shall know to be false in any
matenel parti,ular, with intent to deceive or defraud any
member, shareholder, or creditor of each body corporate or
public company, or with intent to induce any person to be-
come a shareholder or partner therein, or to intrust or ad-
vance any mousy or property to such body corporate or
public conipamy, or to enter into any security fur the benefit
thrthe shall be guilty of a misdemeanor.
may peen shall receive any chattel, money, or
vslaable security which shall have been so fraudulently die
peed etas I. emir the party disposing thereof guilty of a
misdemeamer under sny of the provisions of this act, know-
ing the wane to bare been so fraudulently disposedltt
Alta ke ',Dry of • misdemeanor, and m y be i
and crenelated thereof, whether the party guilty of the On-
et* idennewner shall or shall not have been previously
convicted, or shall or shall not be amenable to justice.
10. Beery person found guilty of a misdemeanor under
this act shell le lieble, at the discretion of the court, to be
teas in penal servitude for the term of three years, or to
ads se& other punishment, by impriaonment tor not mom
than two year. 'nth or without bard labour, or by fine, ea
the wort shall award.
. . .

11. Nedra it thin set contorted shall enable or entitle
any person to reline to make a full and complete discovery by
mower to say bill in equity, or to answer soy question or
interroptory ht any civil proceeding in any court of law or
equity, or in the courts of bankruptcy or insolvency ; but
no answer to any such bill, question, or interrogatory
shall be admirable in evidence against such prison in any
proceeding under this act.
12. Nothing in this act contained, nor any proceeding,
conviction, or judgment to be had or taken thereon against
any pen= under thin act, shall prevent, learn, o:=2
any remedy at law or in equity which any party
by my offence against this act might have had if thin act bad
net been pared; but no conviction of any sach alma, then
her rerad in evidence in any action at law or wit in equity
wing hip; sad nothing in this act contained shall affect or
prorates any aperient entered into or security given by
say trnelekboving reit. object the ?adoration or repay-
ment of my Must property turappropriated.
Is. No proceeding or prosecution for any canoe included
rattler session, but not included in any other war of
trou ,hall ybe commented without the sanction of bar
• • Attormy-General, or, in case that office be vacant,
of 'a 'a Solicitor-Gear :al : provided that where any
olvil icerrosediag shall have been taken against any pawn to
miner de revisions of the rid first section, but not or mT
ether at• of thls act, may apply, no person who call
hem bibs Mb civil proceeding shall commence say pro-
madam under this act without the ruction of the court or
judge before whom such civil proceeding shall have been had
or
14. * shall be minding.
woo the trial of any person under this ad it shell