Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-11-03
tPupLlc.-No. 60.

IIUDLlC.--NO, 0N.
AN ACT tn prevent the issuing and circulation oil
the bills, notes, and other securities OF corpora
tons created by acts Of Congress which have expired.
Be it enacted BY the Senate and House Of Re
presentdtires of the United States Of .4merlea IN
Congress assembled, That IN all cases where the
charter Of any corporation which has been or may
be created by act of Congress OF the United States
shall have expired or may hereafter expire II an!
director officer or agent Of the SAID corporation, or
any trustee thereof or any agent or oihcer OF SUCH
trustee, or any person having IN his POSSESSION oI
under his control the property o. me sald co'PoIa
ton for the purpose OF paying or redeemIhS us holes
and Obligations shall knowingly ISSUE REISSUE OF Ut
Ter as money, or in any other way knowingly put
in circulation, any BILL note, check draft, or other
security purpcrllnr to have been made by any such
corporation whose charter has expired or 10y any o.
fcer thereof or purportng 10 have been made uhuer
authority derive there from r any person or persons
knowingly aid and assist IN any such act, every Pe'-
son so offending, shall be deemed gully OF nv"
mSdemeanor and on CONVICTION thereoi shai NC
puoished by fine not exceeding ten thousand dol
lars, or by Imprisonment and confinement not less
than one year nor exceeding five years, or oV oolh
such fine and Imprisonment: Pr0plded, lhat noun
inc herein contained shall be construed TO make II
unlawful lur any person not beng such DIRECTOR
officer or asen. OF the said corporation, or any
trustee thereof Or any agent or officer OF such
trustee or any person having IN ms possession, u
under his control the property OF the corPofauon
for the purpose aforesaid who shall haze received
or NAV he ealter receive such bill, note, check or
draft Or other security bona fde and in the ordinary
transactions a. business 10 utter as money or other
wise cfc att as ttc Sanle
Sec 2, Ind be It further enacted, That III al
cases III which any corporation las been Ct may I've
created by acts OF Congress Of the United o'a'
or in which the United States shall have been IN
terested as a Stakeholder the tenn OF winch corpora
ton has expired, aud in which any bills, notes
or checys, drafts or other securities made under
authority derived or aIlcdged to have been derived
from such act shall he in the possession or under
the control OF any director, officer, or agent OF the
SAID expired corporation, any trustee thereof OF
any person having IN his POSSESSION or under nus
contFoul, the property OF the SAID corporduoh' Nt
| the purpose OF paving or redeemng It's no6S anu
obligations the several circuit couds OF Inc Chl.eo
States sh u nave urisdct on on The bal or Peti'on
| of Tie Un'ei Srts iu g-ar, il.nc'uhS 10 prevent
the I su.al re- SUING te' o. any NocH u,'s
NOTES, ch5Cs- f-aIs, o.se. sgco 'titN ohd aiso
81 cau.e sIthp. llw a.d ti,s. notes checks dfaliS'
OF st,r scarrs IL have teen req eineo, 70 be dt-
livereG - aGd cauctil,di ana tie Said seVefa'
cen rts SRA have power to MAKE all necessary de-
cr aad orders 10, tae pu po'e "i carrying mo
etc lte sa.loH e.'.-'i''i -1
execute 5He saHa Hy due Qtasa ~ "a"