Evansville daily journal. (Evansville, Ind.) 1863-1866, 1864-07-23
TPuBLrc--No. 1o4
An ACT TO prohibit certain sales of gold aud foreign
exchange
Approved. June Is, 1894

exchange.
BE 10 enacted bB the Seaafs aud House al Rspre-
seHtatves Of The Uled States Of AFqsried CoHgrsss
assembled, That e shall bo unlawful 10 make any
contract for the purchase or sale aud delivery Of
any gold coin or bulletin 10 be delivered an any
day subsequent 10 tho day o. max ing such con.
tract, or for the payment 0f any sum either q xsd
or contingent, ia default Of the delivery Of any
gold coin or bullion, or 10 make such contract
upon any other to- nia than the actual delivery Of
such gold coin or bullion, aud the payment in full
Of tho agreed price thereof the day on which
such contract Is made, IN United States notes or
national currency, and not otherwise or 10 make
any contract for the purchase or sale aud delivery
OF any foreign exchange 20 be delivered at any
time beyond ten days subsequent 10 the makingi
such contract; or fer the payment of any sum,
either xed contingent. In default Of the deIiv-
cry Of any foreign exchange, or upon any other
terms than the actual delivery Of such fersixn ex
change within ten days from the making Of such
contract, aud tbs immediate payment Ia full Of
the agreed price thereof on the day Of delivery In
Quilted States notes Of national enrreney; or to
make any contract Whatever Tor the sale ans de-
livery OF any gold coin or bullion Of which the
person making such contract shall not, at the time
Of making thesame, DO 10 actual possession. And
Il shall be unlawful 10 make any loan Of money or
currency not being Ia coin TO Ss repaid la coin or
bullion, or 70 make any loan Of coin or bullion 10
be repaid in money or currency other than coin.
Sec. 2. Aad be u further enacted, That Il shall
b further unlawful for any banker, broker, or
other person, 10 mako any purchase or sale Of any
gold coin or bullion, or OF any foreign exchange.
or any contract Tor any bueh purchase sale at
audothor place than the ordiaAry place of bust
OF either the seller or purchaser, owned or
bird and occupied by him individually, or By n
partnership Of which he Is a member.
Sec. ,. And Be Il further enacted, That all con
tracts made In violation Of this act shall be alb
solutely void.
Sec 4. And BE- Il further enacted That any per.
who shall violate any provisions Of this act
shall be held guilty Of a msdemsanor, and, on
conviction thereof, be fined IN any sum not less
than one thousand dollars, nor more than ten
thousand dollars, or be imprisoned for period
not less than three months nor longer than one
year, or both, st the discretion OF the court and
shall likewise be subject 20 penalty Of ono thou
sand dollars for each offence
Sec. s. And Be u further enacted, That the penal
ties imposed by the fourth section Of this act may
be received In an action at law in any court Of re-
cord Of the United States, any court Of compe.
tant jurisdiction, which action NAV be brought In
the nave Of the United States by any person who
viii sue for said penalty, half for the use OF
the United States, and the other half tor the use
OF the person bringing such action. And the re
covery and satisfaction OF Judgment in any sueh
action shall be bar TO the imposition of any fac
for the came efence in any prosecution Instituted
subject 60 ths recovery Of such Judgment but
shall not be bar 20 the infiction Of punish nent
by Imprisonment, as provivsd by said fourth sec
tion.
Sec. 6. AHd Be- e further enacted, That all act,
and parts Of acts inconsistent with the provision
OF this act are hereby repealed.
Approved, June IL, 1854.