Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1838-04-25
ANTl.sHrNpLAsTER ACT.
ANIT-sHINFLhoIEH MI,
AN Acr to prohibit more efectualiy The
circulation Of small notes.

L. dc ~ HUUCtG6 w INC otWcfue no
sen.bly, That if any savings society or
institution, whether incorporated by
the laws Of this commonwealth or not,
shall, after tho first day of May next,
issue any certificate of deposlte, note
or bill, whether printed or otherwise,
| for less sum than FIVE dollars, every
such society or institution, il incorpo.
rated, shall thereby forfeit lis charter
and if not Incorporated, shall forfeit
and pay for every offence, the sum Of
five hundred dollars, to be recovered
| by action Of debt, in any court of re.
cord, one half to the use Of The com.
monwoalth, and the other half to the
informer and whether incorporated
or not, every such society by whatev.
or name styled, shall forfeit all right
to sue, and be disabled from maintain.
ing any action whatever, at law or
equity and the forfeiture or disability
thereby incurred may be proved un-
der the plea OF the general issue, or
payment, in any suit instituted by such
institution or society, and shall be a
bar to any recovery in such sui.
2. BE il further enacted, That If
any such savings institution or society
shall heretofore have issued any note,
bill, or certificate of deposite, contrary
to the provisions of the acts to amend
"an act moro ehectually to prevent
! the circulation Of notes emitted by un.
chartered bank" sand can act to
amend and explain the same" passed
the Sd of March, 1921 and shall
within three months from the passage
| Of this act withdraw from circulation
all such notes or bills, every such in
stitution or society shall be relieved
from the penalties Of the acts afore.
said
3. And be IL further enacted, That
from and after the first day Of July
next, it shall not be lawful for any
| bank, or the officers Of any bank, in
corporated by the laws of this state, to
pay any check or draft, whether now
in existence, or which shall be hereat-
ter made for the payment of any sum
less than five dollars, unless such check
be wholly written, and not printed or
engraved And if any bank, or any
officer thereof, shall after the period
aforesaid, pay any check or draft, of
which the whole, or any part shall be
printed or engraved, for less sum
than FIVE dollars, the bank or banking
- IF tl,nr,nI 81
Tending shall for every such offence
forfeit aud pay the sum OF one hundred
dollars, to be recovered by action Of
debt in any court Of record having lu-
risdIction of the case, by any person
who will sue for the same, or by the
commonwealth, for the use Of the Ike.
rary fund.
4. And be it further enacted, That
if any person, or corporation, from and
after the passage of this act, shall emit
any note, bill, draft, order, certificate
of deposite, check, or other token, and
IT such person or corporation, alter the
first day Of June next, shall pass any
such note, bill, draft, certificate of de.
the whole or any part shall be printed
or engraved, and whereby less sum
than five dollars shall be required 10
be paid, either in current money or in
notes, or in any other manner what.
ever, or shall tender in payment OF
any debt, for any goods, chattles, or
property, purchased, or agreed to be
purchased, or in any other manner
whatever, shall offer to pass or circu.
late any such check, draft, or order,
as is in this and the preceding section
described and prohibited, and whether
the same shall have been made or is.
sued before or after the passage of this
act, or any such certificate Of deposite
note, or bill of any savings society OF
institution, as is described aud prohbi
ted in the first section Of this act, whe
Their the same shall have been made OF
f issued, before or after the passage o
this act, every person so offending
shall forfeit aud pay three times the
amount specified in such certificate o
deposte, bill, note, order, draft, OF
check, TO the holder thereof, to be re.
covered by warrant, before any justice
Of the peace of the town or county il
which the drawer or maker of the
same shall reside, or of any adjoining
county, and the constables of such ad.
joining counties shall have power tc
serve warrants for the purposes afore,
said, out of their respective countie,
and districts, any law to the contrary
northumberland such person SC
emitting or passing as aforesaid, if q
tavern keeper or merchant, shall more.
over forfeit his licence, and be incapa.
BILE of taking out another for the space
of one year; provided such forfeiture
shall not be incurred for any act OF
emitting or passing as aforesaid, before
the first day Of June next.
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