The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1843-10-09

o VIC creditor and creditors OF such eopa fship
OF % any member or members thereof as il no such
oahSfuptey insolvency, stopping payment OF such
puohe oioer oi such coPartnership had happened or
taken place
! Sec. 10 That execution may be issued nnon any
Judgment against any member of the copartnership
ana III case any sueh execution shall be ual for
obtaining paym and satisfaction OF The amount Of
such Judgment IL shall be lawful for the party or mar
ties SO having obtained judgment against such nblic
oieer Tor The Tune being 10 issue execution against
any person persons wh,' was or were a member or
members OF such corporation copartnershp at the
time when the contracts contract or en- .agement
or engagements IN which such judgment may have
been obiaineJ, was entered into or became
member at any time before such contracts or en-
gageinents were executed, or was member at the
time OF the Judgment obtained Provided always
that no such execution last mentioned shall be is
sued without leave first granted, on motion in open
court, by the court in which judgment shall have
been obtained, and when motion shall be made
lice TO The person or persons sought TO be charged
alter the expiration OF three years next after any
such person persons shall have ceased TO be mem
Der or members Of such corporation or copartner-
ship
Sec Ia. The officer in whose name suit or action
shall be brought or prosecuted, shall always be
inoursed and July lndemned for all loss damages,
cost and charges, without deduction which any such
oihcer or person may have incurred, by reason Of
such execution out of the funds Of such copartner
SNIP or IN failure thereof by contribution from the
other members Of such coparlnership as in the ord
nary cases of coparnership.
Sec 10 relates to the Bank of England
Sec. 10 authorizes copartnershps to issue unstamp-
ed notes giving bond, sc.
Sec II. NO such corporation or copartnerahip
shall be obliged to take out more than four licenses
for the Issuing of any promissory notes for money
payable 10 the bearer demand allowed by law to
be re-ssued IN all for any number Of towns or places
I'D England and IN case any such corporation
partnership snail issue such promissory alore
said by themselves or their agents. than four
different towns or places in England, thereafter taking
out three distinct licenses for three Of such towns or
places such corporation coparnership shall be en-
titled to have all the of such towns or places in
cuded in fourth license
Sec TO- That II any such corporation or copart-
nershp exceeding the number of SIX persons in ing
land, shall begin to issue any bills or notes. without
having caused such account return as aforesaid to
DC made out and delivered in the manner and form
directed by this act shall neglect or omit to cause
such account or return TO be renewed yearly and
every year, &C., such corporation copartnership
offending shall for each aud every week they shall SO
neglect to make such account and return forfeit the
sum OF five hundred pounds, and the said Secretary
or other officer, offending shall also for every such
offence forfeit the sum of one hundred pounds The
Secretary for false cath concerning Official specf
cations TO be subject TO the pains and penalties in
force for persons convicted OF wlul and corrupt per-
Jury.
Secs 49, 90 and 81, have reference 10 the Bank of
England.
Sec. %. That this act may be altered, amended or
repealed by any act or acts to be passed in this pre-
sent session of Parliament.