Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1844-03-16
Mr.. HUSTON'S CURRENCY BILLS

charters, and the statutes which Great
them, and TO obey the laws and Consti
tuition of the State.
Be Il enacted By the General Assembly of III
State Of Missouri, as follows:
Sec. l. No corporation, corporate body
or body polite, within the limits of thi
State, Except the Bank of the State o
Missouri and its branches,) shall exercis,
any banking privilege after the passage o
this act, either by issuing notes or en-,
species Of paper currency whatsoever, Of
by receiving money on deposite, or dis
counting notes, bills. or bonds, or by dealing
in exchange, or by lending or collecting
money. or by doing any other banking
business whatever And all enactment
and clauses in any charter, or in any &C
OF incorporation, supposed or purportine
to confer such banking privileges, or any
one Of them, on any such corporation, cor
Porate body, or body polite, Except the
Bank of the State Of Missouri and it.
branches,) are hereby declared to be con
trary to the Constitution of this State. anc
null and void; and all acts done, or con-
tracts made by virtue of any such sup.
posed privileges, after the passing Of thi:
act, by any such corporation, corporate
body. or body polite, except the Bank OF
the State of Missouri and its branches
shall be null and void, and no Court shall
admit or enforce the same.
Sec. 2. All officers and members of cor.
poratlons. corporate bodies, or bodies poll.
tic, offending against the provisions of the
foregoing section, shall Immediately forfeit
their places therein, and shall not be re.
elected or re-appointed to the same place,
or any other in the same corporation, cor
Porate body, or body polite; and shall
moreover be subject TO fine and imprison.
meni, not exceeding months, and
dollars upon indictment and convic-
ton.
Sec. 3. No corporation, corporate body,
or body polite, Uhe Bank of the State of
Missouri, and its branches inclusive) shall
receive on deposite, loan, or pay out, or
in any manner use any bank notes, or other
paper currency of any species whatever,
from and after the passage and promulga-
ton Of this act, which shall not be euuiva.
lent TO gold or silver coin, and convertible
INTO such coin upon the spot, at the will nf
The holder, and without loss or delay; and
all officers of such institutions, or bodies
corporate, or polite, violating this section,
shall Immediately Forfeit their places, and
shall not be re-appointed or reelected 10
The same place, or in other place in the
same institution, or body corporate or poll
nc; and all contracts. and all transactions
whatsoever founded upon the use, loan. or
payment of such notes or currency, not so
equivalent TO gold or silver coin, shall be
null and void, and Of no force or effect in
my court whatever; and in all suits or
for the enforcement of such
contract or transaction, or any way in re-
alton thereto, the officers, managers, or
members of such institution, or body cor
'orate or polite, may be Intercepted in
citation TO such currency; and shall be
'ound TO answer all questions tending 10
how that this section has been violated or
vaded by the use of currency not equiva-
snt to gold or silver coin.
Sec. 4. No corporation, corporate body,
r body polite, Uhe Bank Of the State of
dissouri. and its branches inclusive) shall
md or,pay out, or in any way receive or
Sc any bank notes or other paper cur.
ency, Of any kind, of less denomination
ian five dollars from and after the passing
nd PRONUNCIATION of this act, nor of less
than ten dollars from and
fter the first day Of January, in the year
s44, and all officers or members of such
operations or bodies, violating this sec.
on. shall Immediately forfeit their places
'erein, and shall not be re.appointed or
'-elecied to the same or any other place
the same institution or body. And all
'ntracts or transa ctions founded upon the
'e, loan, or payment of such prohibited
irrency shall be null and void; and the
efendant shall have a right TO discovery
the truth of the case by interrogations
4 any trial or Judicial proceedings in re-
ton TO the same.
sec. 5. That any person reelected or
-appointed 10 any place in any corpora .
on. corporate body, or bod y polite, (the :
ank Of Missouri and its branches inclu-
ve,) after the passing and PRONUNCIATION y
this act. shall make and subscribe de-
aration in writing, and swear 10 the
me. declaring that he hath not knowingly =
ID wilfully violated or evaded any of the {
DIVISIONS Of this act, or of the charter or
itutes creating The corporation, corporate a
'dy. or body polite, in which he acts. Il
nd for want Of such declaration, so made, Il
d properly noted and filed, the said cleo Fl
m or appointment shall be null and void; II
d all false swearing in making such de- r.
lration shall be perjury. Il
Sec. o. The charters of all Insurance e
'mpanies violating or eVading this act. {,
all be forfeited for such violation or eva. a
n; and the fact of such forfeiture may r,
plead in bar to any suit brought by b
m, and if denied. The trial Of the. ones A