Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1844-07-06
BILL

HlS iStdte.
Be IL enacted By the General Assembly of tie
Stale Of Missouri, as follotcS
5 1. From and after the first day OF July in
the year 1913, no corporation, corporate body,
or body polite within the limits OF this State,
(hc Bank Of the State OF Missouri and its
branches inclusive) nor any money broker, ex.
change dealer or any other person shall pass or
receive within the limits OF this State, any bank
note, or other paper currency Of any kind, prom.
Using or ordering the payment OF money or other
thing Of less denomination than five dollars nor
OF less denomination than ten dollars from and
after the first day of January, in the year 1914.
2. From and after the first day OF July in
the year 1843, no corporation, corporate body, or
body politic within the limits OF this State, (the
Bank of the State Of Missouri and its branches
inclusive,) nor any money broker, exchange
dealer, or any other person, shall pass or receive
within the limits OF this State, any suspended
or non specie paying note, or postnole issued as
currency,sor other deprecated paper currency Of
any kind whatever.
3. All contracts and transactions whatever,
made by any corporation, corporate body, or body
polite, (the Bank Of the State OF Missouri and
its branches inclusive,) or by any money broker,
exchange dealer, or any other persons within the
limits Of this State, founded upon loans or pay.
ments made in such prohibited notes or currency
after the respective days limited for the circulation
Of the same in the two preceding sections OF this
act, shall be null and void, and Of no force or
effect in any court in this State.
d. From and after the taking effect of this
act, no corporation, corporate body, or body pol.
tito, within the limits Of this State, (he Bank OF
the State Missouri and its branches excepted
shall exercise any banking privileges, either by
issuing notes, or any species Of paper currency
whatever, or by receiving money on deposite, or
by discounting notes, bills or bonds, or by deal
ing in exchange or by lending and collecting
money, or by doing any other banking business
whatever; and all enactments and clauses in any
charter, or in any act Of incorporation, supposed
or purporting 10 confer such banking privileges
or any one Of them, on such corporation, cor
porate body or body polite, Uhe Bank OF the
State Of Missouri and its branches excepled,)
are hereby declared TO be contrary 10 the consti.
tuition OF this State, and null and void; and all
acts done or contracts made by virtue OF any
such supposed privilege after the passing OF this
act by any such corporation, corporate body, or
body polite, Qhe Bank OF the State OF Missouri
and its branches excepted,) shall be null and
void. and no court in this State shall admit or
enforce the same.
5. All officers and members Of any cor
poration, corporate body, or body polite, within
the limits Of this State, Qhe officers and mem
bors OF the Bank Of the State of Missouri and
its branches inclusive,) offending against any OF
the provisions Of this act, shall Immediately for
felt their places therein; and shall not be re.
elected or re appointed 10 the same place, or any
other place in the same corporation, corporate
body, or body polite, and shall, moreover, be
subject to fine Of five hundred dollars and i'm.
prisonment in some county Jail, not less than
six, nor more than twelve months, upon indict.
mcnt and conviction, for every such offence.
5 6. That every person elected or appointed
10 any place in any corporation, corporate body,
or body polite within the limits OF this State,
Qhe Bank Of the State Of Missouri and its
branches inclusive after the passing of this act,
shall make and subscribe declaration in writing,
and swear 10 the same, declaring that he has not
knowingly and wlfully violated or evaded, and
that he will not knowingly and wifully violate
or evade any Of the provisions OF this act, or Of
the charter, or statutes creating the corporation.
corporate body or body polite in which he has
acted or is about to act; and for want Of such
declaration so made and properly noted and filed
with the clerk Of the county court Of the county
in which such corporation, corporate body, or
body polite, may be situated, the said election
or appointment shall be null and void, and all
false swearing in making such declaration shall
be perjury and punished as such.
s Z. The charters Of all corporations, cor.
porate bodies, and bodies polite within the limits
Of this State, (the Bank Of the State OF Missouri
and its branches inclusive violating or evading
any Of the provisions OF this act, shall be for.
eited for any such violation or evasion; and the
fact OF such forfeiture or any violation or evasion
OF this act, or any part Of this act, may be plead
in bar 10 any suit brought by them, or any one Of
them, and if denied, the trial OF the question OF
such forfeiture, or evasion or violation, shall be
adjourned under the direction of the court, and
change OF venue awarded upon the application
OF the defendant or defendants, to some county
in which such corporation, corporate body, or
body polite is not situated.
5 8. From and after the passing OF this act
no license shall be granted to any money broker
or exchange dealer within the Limits of this State,
who shall not first make and subscribe declara.
ton in writing, and swear to the same, declaring
that he has not knowingly and wiIfully violated
or evaded, and that he will not knowingly and
wIlully violate or evade any of the provisions of
this act, which declaration shall be taken, and
properly noted, filed and kept By the officer issu.
ing such license; and any officer issuing such
license contrary to the provisions of this act
shall be guilty OF misdemeanor in office. and
upon Indictment and conviction shall be fined
five hundred dollars and Imprisonment in some
county jail not less than six, nor moro than
twelve months for every such offence; and any
money broker or exchange dealer, receiving a
license contrary TO the provisions of this act
shall be subject TO all the, pains and penalties
now prescribed by law for following such bust
ness without license, and an additional fine
Of one thousand dollars for every such offence