Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1816-03-02
AN ACT,
dz9re eftcfnaAy to hrevent The circulation
u Notes emitted by Unchartcred
R1oE.

BE a en9rei jythe General assembly, That, from and
aiter the COMMENCEMENT this Act Shall no be law fl
ol any >"e'no" or company, not having charter
Os sue' ASSOCIATION company, with authority deal
or trade a, Rank, formed In teng which here
after may h. ioriHed within the limits Of this Common
Tor the purpnSc ot dScOuntin Rates bills or Other security
ior the payment omoney other valuable thing aud isS,-
ms hotes drafts or bills, whether payable order
cr or any other securities for the payment of money OF 9th
81 Nainie ulis III the name, account, for the
Iieio any such ASSOCIATION company. -ter,sis,
e purpose "a iei'iS trading or carrying on business
b"N, To- commence or continue the dcOuntng uf any
notes. bills Or Other tdr It's, payment of money or
9,yr N'hie 'ig'rr the ISSUING oiany note, drafts
bills Dr other secnrIu,S for the payment money or other
valuable thing, such dealing t7.,n, OF earl ing ON hti-
ss'as hIih AID ever! nbrr Oirtrnr ul.t of any
s'Ith company atiJ that
anu sueI H'eoniug or issuing VI notes, drafts, bills
nv u zoe i,s' iiiiiS, or cirtll ON busi-
nes> bank, l!i b. held taken % b. guilty Of MS
MANOR "ir upon cn'iet"n thereof, Indictment,
i'tiuH OF PrSselitGislt SHAH ' liable oe tt at The
discretion Oh the jury css one. nor ey-
rS'.i's t,e hundred duags.-And IT, any such company
=" octoi or Any PRESIDENT, Manager, Cashier, Otiier
oher or agent OF such company assocation, shall pay
ouidclsycr, pat IN ercdlto, issue any nutc draft l
" oer Se'"E oT inc pay mem oil money 90 othtr siiua
bc ui', purportls I" PrDic orier request stulate
u'e payment OF IA 'y uroiler ,anne tln dat money
""u'r Nhui"ir uiiS IS phya5ie ~ o. Sliaf Of such
company or association any person persons IS git or
AGENTS thereof each uenber officer and agent thereof shall
D. ia ilke manner liable 10 The same penalty.
H. Be HJaTer enacted, That n the capital stock ofany
association company, trading, seountg paper is,ti-
ing notes IN violation o this Act, and all the capital stuck
subscribed such association OreOmpany shall H.. held in
trust Tor the benefit o the Commonwealth shall
tie duty Oh tl,e Attorney General wheseyer he shall he
formed OF the existence of any such company ASSOCIATION
To institute suit III the superior Court OF Chaneery for
District of Richmond, behalf of the Commonwealth for
the purpose of recovering the capital stock aforesaid In
Silch st, shall be lawful To make all any of the
bers of such company or association and any officer agent
thereof parties defendants 10 call upon and
compel them, either Of them exhibit all their books
papers, and account OF all such matters and things as
may unnecessary enable the make decree in
pursuance of the provisions cf this Act be members Of
any such association or comnauv mad. deT,nts ~ inch
suit shall b. held se,eraly liable tn cath for
their respective proportions Of IA capital ocS held IN such
company or association at tn ii,s.tao If e sit or he
rt D. Dbl r,uu nF. r.c frr ts.
their benefit and The CONT ,hs decree against
fanS respectively and ssyerall, ti, AMOUNTS hat thy
and each Of them, may respectively and ,syeTlly hd
iorsdn the capital stock Of uch company ASSOCIATION,
or by amy person persons, for bis ne, deir M
neft, tobe levied oie proper goN AIS ehaiilcs, Land and
tenonents of such defendant: IrUydcd however, thar
disclosure made bi aty party defendant to such suI in
thu b uerth order ofhe court, srhli he
dence against HIM any motion pros euon unlcr tbs
law anu hn areeovery IN such s shall be Dar to every
motion pros cution it ay defendant su-h sit
tn recovery Of any penalty tle in.so ay punish
III, nF be Jicr enarfed That ii! notes drafts bills
oroter seo"siie fer the payn, of otter win
nhc thing discounted contrary 20 the PtON.ipns al tins
Acc, by, ID half for the heleht, sy such
company OF as5J'atioi- agent hercof whether III
same be payable endorse! 20 such company iaOn
OF asn'uttOi or any o'her person Or persons upon
cret ur avOwtt ru FOR such company
dors ~ blank and all Contracts bonds bills d,aits,
dec' az" Other securities for ANY debt debts, tlt may q
c1HTced ~ ANY dealing trading whatsoever, tuar,
" tc rde cn AID meaning of this Act, any such
pony or ,socto, or any agent or agents, person Or PER
sos bodies polite corporate upon any ed
tsts Tor Sc company ASSOCIATION, and oil
bonds, bills notes drafts dets or other securities tt may
b. made. entered into, executed, secure rtmr ~
INcrmy any person or PERSONS body polite CORPORATE
Tor any payment or SPOUiii that may ~ made or incur
redby any such person. on persons, body polite corporate.
for any debt urdb or contract or contracts. that may lave
CONT Que OF O"nB oy reason on any ut'y "r tfhhl5
whatever. contrary the true intent aud meaning of tbs
Act. shall ,an the hereby declared b. Ute y
or persons shall to any purpose b. CHARGE, by arr such
contracts bond bil.ddt note deed other security. Aid
ANY PrsOn who nnS ply any Sum OF money, other yniu1
bic tug, on aceOuntof any such contract bod, h. draft,
note. deed, olr ccurity his her itir al
minAturs. shall beented ~ recover b, acun ior ocy
had and received, commenced at any hnie Within i've
months after such payment, en amount Of any such paytt
~, ncns the value 0 such thing, FROM for,u
psrs1fS, ei;her Of them, either or h,n Representative,
20 whom Whose such payment may have h.cu
uad. And II any executor administrator, fuarirn nr
committee Of Any dot iunatc hli refuse. decline.
ilil. protect tie he NAV rcprescu liability
account of sieh contract bond iil draft I,s .s OBJ t
security, such executor. administrators, guardian t-
mittee shall NOT be entitled any credit Whatsoever
or her account with e estate or person he may m
for any Of money other property tint may
b. applied ishHrsed used W payment. discharge S-
faction us who orin par OF any such contracts bOni BILL
draft, note deed or other security.
~. d NC q }.fficr tHQcfei, That every person, WHO
after c cOmnshcemeIt OF this Act, may sign, eotnrsig
CT designation, without design alton any
bill, draft odr security for the payment ofmo'ey olt
or valuable tns purPortg TO pro1ie, ORDER or request
Otherwise spuiatc Che payment Of money or other valun
Die ting that money other valuable dung able by
un bcha! ofany uc company association, any plf
son or persons Ha3ent Drag nt, OF any "ch company OF rs
soeiltOn, shall bc liable. notion, ION ten days preyou
nuiict a-HiNt iitlu. tltitfs ~ Ntin tuft
court Of record where they either, any Of them may
side be found, 20 iulmnt IN favor Of te eonmonu e,
tor threcf5d the amount Of any such nOte lil
hs drait or drafts OF other secnriy ior the payment O
money otcr valuable thing, tat may w. designated 10
/ gleh notice and oi,ltd in proofOn such motion.
v. dnd b. n frr c0cfci That 40 contracts that here
nftev may b. made by individuals Tor the purpose Of orinnl
| hemsclv into amy aiociatonor 0mpDrs hn drcountin
ad issnng notes and other seeultcs Cor tie payment
money Oiler valuable ti. mentioned IN the first
lion Of is Act dealing trading carrying bf,ines
a bank, shall y and thc sans acc lreby declared 10