Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1816-03-06

s,teff aud meaning 81 THIS dcL3 snail De.
fbe same are hereby declared TO be
.',.erlv null and void, to all intents and
.sr,oses: and no person or persons shall,
!. sny snrpose, be charged by any such
sontract, bond, bill, draft, note, deed, or
.sher security. And any person who
NAV nav any sum Of money, or other va
liable thing, on account Of any such con-
+ hsct. bond, bill, draft, note, deed, or
0tser security, his, her crtaeir executors
or administrators, shall been titled to
recover, 1y action for money had and re-
ee;yed, commenced at any time within
twelve months. after such payment the a.
mount Of anV sSch payment or payments,
os the value of such thing. from the
nersp.l OF persons, or either Of them, or
heir or either Of their representatives,
"a yllom or to whose use such payment
nav have been made. And If any exc
eutor, administrator. guardian, or COM
mittee Of any ideot or lunatic, shall re l
fuse, decline, or fail, to protect the es-1
hte he may represent tscm liability on
account Of such contract, bond, bill,
draft. note, deed or other security, such
executor. administrators guardian or COM
miittse STALL not be entitled to any credit
whatsoever, in his or her account, with
4be estate or person he may represent
for aBy sum or Sums OF money or other
property that may be applied, disbursed
or usrd in payment. discharge or salts
faction. In whole OF IN part, of any such
coatract, bond, bill, draft, note, deed, or
other security.
Nv. .and be il fiTther enacted, That
every person who, after the commence
ncnt 81 this act, may sign, eountersisn,
or eainse, as president, manager or
cashier, or by any other name or desig-
nation, or withcut designation, any note,
bill, dsaft, or other security for the pay
usent Of money or other valuable thing.
purporting to promise, order or request,
or otherwise stipalate the payment OF
money or other valuable thing, or that
money or other valuable thing is payable
By or on behalf of any such company or
ssSoc:ation, or any person or persons as
agent or agents of any such company or
association, shall be liable, on motion.
len ten days previous notice against
taem, or either, or any of them, before
any court Of record where they, or either
or any of them may reside or be found,
70 Judgment in favor of the common
wealth, for threeiold the amount OF any
s1ch note or notes, bill or bills, draft Or
drafts, or other security for the payment
Of Money or other valuable thing, that
may lie designated III such notice, and Of
Tered IN prGes ON such motion.
V. .9ad be 4 f.fths5' enacted, That ali
contracts that hereafter may be made
by individuals for thepurpose of forming
Themselves into any association or cola-
pany, fer disceunting and issuing notes
aad other securities, for the payment OF
money or other valuable thing. as men
toned in the first section OF this act. CT
dealing, trading or CARRYING on business
IS bank, shalt be ard the same are
hereby declared to be utterly null and
Yeid.
vi. And be It f,.rther eaactea,
That II any company Or association,
Or any agent or officer thereof, shall,
contrary 10 the first section Of this
Act, pay out. deliver, put in cireu-
iatiOa, or Issue any such note, bill,
draft CT other security, fer the pay
neat OF money or other valuable
i thing. as is hereby prohibited from
being paid out, delivered, put in
eifcnlation, or issued, the holder or
owner thereof shah be entitled to-
obtain q Judgement for the amount
% any such note or notes. bill or
bliis, draft er drafts, or other secu-
N.Y. Tor the payment y money or
Other valuable thing. anu fifteen per,
eeat damsges thereon, against all
OF any meMber or members ct such
company or association, being a
henaer or members Oh such compa-
~ or association, at the time such
oOIe, bill, draft, o. other security
Vas put Ia circulation, issued, paid
Cat or delivered, or at any time
Subsequent thereto. by motion. on
To days previous notice thereof,
eticre any court Of record within
Tbs commonwealth, whe*e the per
$40 OF persons, against whom the
a0iiOn may be msde, may reside or
De found.
VII. Ind be 1t further enacted,
mat every such company or assoei-