Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1862-07-12

desire TO call public attention 70 the following
Act ofthe General Assembly. passed July 22d 1861:
AN ACT TO authorize the issue of Bank Notes Of
less Denomination than Five Dollars
TtIsssd Jafy -, 1851.
/ Be it euacted 10y the General Assembly That the
ninth section Of the ftyegItn chapter Of the Code
be amended and re-enuctcd To read a. follows: No
Bank shall issue any bill. check order OF other
which, If payable to bearer. Is not payable on de.
InLnd- aud check draft for less than one dol
lar shall be paid BY officer of u Bank unless It be
wholly written and not III any part OF 1t written
engraved ANY officer violating this section shall
forfeit hundred dollars. il shall be lawful
lnI lanS 10 issue It's notes Of the denominations
-Pectiysiy of one, two. three and four dollars and
such notes may Ice siguel by either the President or
the Cashier thereof, both.
>. The r-t section OF the uf tn. General Assem-
bly, passed March :rd 1891, entitled an act to pre-
vent the circulation Of small nots-. which provides
that ii shall be- the duty of commissioners of the rev
suue and courts. TO waon ',ppiics ion shall be made
tor license To require from each and every per-1
VII" shall apply ior license, oath thar he viii not
pay out WITHIN the limits OF the Common wealth.
uOtes vi less denomination than five dollars Is here
by repealed
3. The second section Of thu last mentioned act
shall be amended and enacted to read a. follow.
In every where OF les denomination than
one dollar i offered or issued money the person
Offering issuing the shall Dan a fine OF I. n
dollars, to be recovered toe any justice "a ertnaI
or court. And every person Whose name i, signed
on the Il sCl note, shall be dr.ru.,i am isSurr
within the meaning ut this act.
+ The fourth section Of the last mentioned act
shall u" amended and rceuacted L. read a. follow,
Any person may recover 10y motion before "a -!r-l-.
justice or alderman. or before any court from any
person whose name J. the face of u not. at al; d
nomination less than dollar. hve time. tn.
amount vi such note: and such r. uycry shall b., in
addition 10 the fine herciubcfore imposed.
J. The SIX scCtiuI of the last mentioned act shall
be amended auu re-erHrtei 10 Tcl1 follows: This
act shall apply well to interest hcIriuy scrI for
sums less than one dollar notes Of other de-
Criptiuus: aud the word note in this act shall in
clude any paper intended to toe used a. money or cur
rcncy. Whatever its form may Ee.
o. Tins act shall be in force from it, pst-st--e
1t will be that by the st section Of This act
all Banks prohibited from issuing notes of a les
denomination, han dollar.
The thur section renders any pers1 " hose. name,
is signed To a note of less denomination tlrl gs -
lar liable 10 fine OF TEN DOLLARS; ana 10y the 9Th
section an additional fine of five time, the .nrurt
Of the mote issued: aud by tile 9Th section that Ill
word E'0t lncIuae> am paper intended be used -
Iuvrey- or cUrreLCy, whatever form NAV Ice. TX
pericnCe has shown the goat evils attending the
Issuing "t notes, currency money. without .ll-
thurIN OF law While few responsible men. will.
out authority of law, may engage the business
many irresponsible will likewise Issue their
small notes Banks bankers and business men sell
dom lose by This species OF wOrthI s. CURRENCY II
goes unfortunately into the hands Of the poor md
labCrluS classic who sustain the loss when The fail
~ comes: hence the Legislature has denounced
heavy penalties against all persons who shall iS-rr
notes of a less denomination than one dollar The
people owe II To themselves TO enforce pranuty and
dS;erIrineily, the provisions of this Act of the ZEN,
eral Assembly.
am in great hopes that no attempt will be made
| in Virginia To violate this law.
jyl2-lt FL. PEIRPOINT.