The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1854-09-20

1 ~Nf~NffN-FN~S
lars.
SECTION :. Be l. enacted By tho General
Assembly ofhis State Of Ohio, That from and
after the first day of October, in the year
OF our Lord one thousand eight hundred and
/ fifty-tour. it shall be unlawful for any per-
son or persons firm, or body corporate, to
pass transfer, or circulate. either jrecty, or
indirectly, or offer to pass. transfer or cir
culate, or cause to be received. any bank
| bill, or note of less denomination then ten
dollars, unless SAID bank bill or note sha
have been issued by and made payable at
one Of the banks Of this State, in accordance
with the laws of this State: Provided, how
ever, that the mere transfer. or receiving of
such unlawful paper bona 6de for The pur-
pose of sending the same directly out of
this State, for redemption, shall not be
deemed a violation of the provisions Of this
act.
SEC 2 That all bank bills Of less de-
nomination than ten dollars, unless Issued
by, and made payable at one Of the banks
of this State, in accordance with the laws
of this State, shall not directly or indirectly
be paid out or received in payment of any
tax, debt, judgment, decree, fine or eme rec
ment, or other demand whatever; and all
such unlawful paper shall be held in this
Stale to worthless, and all contracts in rtla-
tion thereto nult and void; and any disburse-
ments or payments or exchange for other
property oil value, made herewith, of no
effect whatever.
SEC. ) That any bank or bankers, bro
ker or brokers, or body corporate, or pub
lie officer or officers, knowingly violating
any of the provisions of this ac., shall for
felt and pay for such violation, the sum Of
one hundred dollars, and any other p"rScY
or Eerons the sum of ten dollatS, to be IT
covered in civil action in the name OF he
State of Ohio, upon complaint in writing on
oath, in the same manner that debts of a
like amount are by law recoverable, and
under the same limitations AMI provisions,
oLe half of which shall 20 to the person COM
planning, and the other half to the treasurer
OF the tow$hip in which the offence was COM
mtted, and for the use Of common schools in
said township; and the person so complaining
shall not, after the filing Of such complaint,
be liable to forfeiture in the same case sl
though q party TO the same offence.
SEC. 4 The following shall be the folm
of the complaint in suits for forfetures un-
der the provisions Of this act. 30 fur as the
same may be applicable, but may be varied to
suit the nature of tie particular case. name
ly: State OF Ohio, County, ss. Be
fore me, A b, one Of the justices Of the
peace for said county. personally came 9,
,uh l,,lt Iu,,c,Il,
saith, that on or about the - day of
---, in the year---, III the township
oi-----, at the county oI---, aforesaid,
L f., (f bank body corporate, broker, or
public officer, describe them accordingly
did knowingly pass, or transfer, or cause
to be passed or transferred, &c. as the case
may be, to one q H., a certain bank bill,
Cor note Of the denomination of------lol
lars, not issued by and mace payable at any
one of the banks of tt e State o; Ohio, in &C
cordance with the existing laws Of said State,
and this deponent verify believes the fore
going complaint to be true, and further saith
not. (Sigued 9 D, Sworn to and sub
scrihed before me, W the township and oun-
" aforesaid, this---------,!Sy of---------, A.
3. Justice Of the Peace. Upon sNch com
rlsint beng filed, ;Ho jusuce shall issue
summons thereon, Cor caplas or other civil
process, upon The proper atli3aytt being
made, AZ lhe case wty be-, sa:ing briefly
therein, the substance Of such compNiat,
and make such writ returnhhIe, as in o;hrr
caErs.
SEC. That the members of every firm.
and the stockholders OF every incorporated
company. and every banker broker, pUbiio
officer, or other person, shall in addition IT.
the forfeiture specified in the third section
of this aes, be individually liable for the
IN gold or silver coin. OF all
such uuIawhsl paper in circulation paid
out or transferred by them or such firm,
incorporated company. bank Of which they
are members or stockholders; and every
bank or other Incorporated company, who
shall knowingly violate any Of the provisions
of this act, shall thereby forfeit. its charter
and corporate privileges; and all notes, and
other securities or obligations, discounted in
whole or in part by any bank, banker, or
bankers, broker or brokers, with, or by pay
ing out the unlawful paper, the circulation
of which is by this act prohibited, shall BE-.
void, and no action shall be maintained to
enforce the collection thereof
SEC That al laws and parts OF laws
witlf the provisions OF this
act, be AMI the same are hereby repealed.
May ist, 1854,