The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1843-10-09
From ihe Statutes OF Great Britain and Ireland,
George w, Chapter 46--hlay 26, 1926.
.aS.ACT for he better regulation Of eopafnerships q
certain Bankers ia England &C.

George w Chapter s6-Alay 26, 1926
.aS.ACT for he batter regulation Of eopafnershps cf
certain Bankers Ia England, &c.
Be Il enacted, Sc That from and after the passage
of this act it shall and may be lawful for any bodies
polite or corporate, erected for the purpose of bank
ing any number OF persons united IN covenants Of
copartne rshps to carry the trade business OF
Bankers in England, in like manner coparnerships
of bankers consisting OF not than six persons
may lawfully do; and for such bodies polite or cor
porate or such persons so united as aforesaid, TO
make or issue their bills or notes, at any place or
places in England and TO borrow, owe or take up any
sums of money their bills or notes so made and
issued at any such place places aforesaid,
aud that every member OF any such corporation or
copartnership shall be liable TO and responsible for
The due payment OF all bills and notes, which shall
be is ued and for all sums of money which SHAH be
borrowed owed or taken up by The corporation or
coparlnershp of which such person shall be a mem
ber such person being member at the period of the
date Of the bill or notes, or becoming or being mem
Der before or at the time Of the bills notes being
payable or being such member at the time the
borrowing owing or taking up of any sum or sums
of money upon any b Is notes by the corporation
or copartnershp, or while any sum of money upon
any bills or notes is owing or unpaid, OF at the time
the same became due from the corporation or co
partnership; any agreement, covenant or contract
TO the contrary Notwithstanding,
Sees 2 and 8 prohibits said companies from issu-
Of London, SC.
Sec A. Such copartnerships before issuing any
notes to deliver at the Stamp Office, in London, an
herein mentioned, to be filed and an entry
OF registry thereof TO be made in book, books to
be there Kept for that purpose, by person or
persons be appointed by the commissioners their
behalf, and which book or books any person shall
have liberty from time TO time, to search and inspect
payment Of one shilling for every search account
thus registered 10 comprise the true names title or
G.x, Oh dad.
partnership, and also the and places Of abode
Of all the members OF such corporation, Of all the
partners concerned engaged such copartnership
the same shall respectively appear the books Of
such corporation or coparnershp, and The names OF
every bank banks established to be established
by such corporation, the of the town or towns,
place places, where notes Of the copartnershp
issued, and also the names and places Of abode of
two OF the principal persons, being members OF sucn
corporation or copartnershp, being resident in Eng
land &c. with the title of Office other description
of every such public officer respectively, in the
of any whom such corporation shall sue and
be sued, Sc
Sec. S. Said account to be verified by Secretary,
before Justice of the Peace, and TO be rendered
annually.
Sec. g. Such certified copy Of account to be taken
evidence in civil and criminal and in all
cases whatever proof Of the appointment and au-
thory of the public officers named in such account
return, and also Of the fact that all persons named
therein members of the corporation mem
bers at the time the return made.
Sec. T. Commissioners of Stamps to give certified
copies of aflidavits.
Sec. 3. Accounts Of the officers members
in the course of any year to be made out by such
corporation together with the name or names Of any
new or additional town or towns, place or places,
where such bills notes are, are intended TO be
sued, and where the same to be made payable,
TO be filed as herein before mentioned
Sec. ,. That all actions and suits, and also all petit
tons to found any Commission Of Bankruptcy against
any person or persons who may be at any time IN
debted to any su,h coparnershp carrying on busi-
under provisions Of this act and all proceedings
at law in equity to be commenced instituted for
behalf Of any such copartnershiP, against any
person, or persons, bodies polite or corporate, or
others, whether members Of such copartnership or
otherwise FOR receiving any debts or enforcing any
claims or demands due to such copartnership, for
any other matter relating to the Of such
partnershp p, shall and lawfully may, from and after
the passage Of this act, be commenced or Instituted
and prosecuted in the of any of the officers
nominated as aforesaid, for the time being Of such
coparlnership, the nominal plaintiff petitioner
for and on behalf of such copartnership; and
that all actions suits, and proceedings at
law or in equity, TO be commenced in.
struted by any person or persons, bodies polite
or corporate, or others, whether members Of
such coparlnership or otherwise, against such CO.
partnership, shall and may lawfully be commenced,
instituted and prosecuted against amy or more Of
the public officers nominated aforesaid for the time
being OF such partnership, as the nominal defendant
Tor and on behalf Of such copartneTship; and that all
indictments, informations and prosecutions by
behalf OF such copartnershp, for any stealing or en-
bczzement OF any money, goods, effects bills, notes.
securities or other properties Of belonging to such
copartnership, or for any fraud, forgery. crime
offence committed against, or with intent to njure
defraud such copartnership, shall aud lawfully may
be had preferred and carried in the name OF any
OF the public officers nominated Aforesaid for
the time being OF such copartnershp and that in all
indictments and nformatohs To be had or preferred
by or on behalf of such coparinership against any
person persons whomsoever, notwithstanding such
person persons may happen TO be member or
members Of such copartnership, il shall be lawful
and sufficient TO state the money, goods effects bills,
notes. securities or other property OF such copariner
ship to be the money goods, effects bills, notes,
rites other property Of any of the public Off
GERS nominated aforesaid for the time being Of
such copartnership and that any forgery, fraud
crime other offence committed against vs., with
intent 10 nure or defraud any such copartnership,
shall and lawfully may, in such Indictment or ndict-
ments, Notwithstanding as aforesaid be laid stated
TO have been committed against with intent TO in.
Jure delraud any one of the public officers nomi-
mated aforesaid Tor the time being OF such copart
nershp and any offender offenders may thereupon
be lawfully convicted for any such forgery, fraud,
crime offence and that in all other allegations,
indictments nformalions, other proceedings Of
any kind whatsoever, IN hch ii yht otherwIs
would have been necessary TO state the names of the
persons composing such copatnership, it shall and
may be lawful and sufficient To state the name Of any
one Of the public officers nominated aforesaid for the
time being of such copartnershp; and the death,
signation removal any act Of such public officer,
shall not aba,o prejudice any such action SUIT in
dictment, information, other proceeding com
menced against by, on behalf Of, such copart-
nership; but the same may be continued, prosecuted
and led on in the name of any othtr Of the
public officers Of such oopartnershp the time be-
ing.
sec. 10 allows of not more than action for the
recovery Of one demand.
Sec. IL. That all and every decree or decrces or
der orders, made or pronounced in any suit or pro-
ceeding IN any court of equity, against any public
officer of any such copartnership carrying on bust
under the provisions Of this act shall have the
like effect and operation upon and against tie prop
ery and funds of such copartnersbip, and upon and
az inst the persons and property of every or any
member members thereof, # every or any such
members OF such copartnershp were parties mem
bers before the court 10 and IN any such suit or pro-