730

LAWS OF MARYLAND.— 1820.

should be renewed or extended, within this state, are prohibited
from issuing bank notes of a less denomination than five dollars,
or of any intermediate denomination between five and ten,
which prohibition has been in sundry instances violated, to the
great inconvenience and loss of the community ; therefore,

Banks not
to pay out
notes of a
less denomi-
nation
than $5.

SEC. 1. Be it enacted, by the General Assembly of Maryland,
That from and after the commencement of this act, it shall not
be lawful for any bank, or other corporation within this state,
to issue or pay out any note or bill, or any paper purporting to
be the note or bill of such bank, or of any other bank, corpora-
tion or company whatever, of a less denomination than five
dollars, or of any intermediate denomination between five
dollars and ten dollars.

Penalty on
officers of
banks for
paying out
any such.

SEC. 2. And be it enacted, That if any officer or servant of
any bank or corporation in this state, should as such issue or
deliver in payment any note or bill of such bank, or the note or
bill of any other bank, corporation or company, or any paper
purporting to be the note or bill of any bank, corporation or
company whatever, of a less denomination than five dollars, or
of any intermediate denomination between five and ten dollars,
such servant or officer shall forfeit and pay the sum of twenty
dollars for every such offence, to be recovered by indictment and
conviction in the county court of the county where the offence
shall have been committed, or in the city court of Baltimore, if
the offence shall have been committed in the city of Baltimore.

Notes in
the name of
any officer,
&c. de-
clared
within the
meaning of
this law.

SEC. 3. And be it enacted, That a note or bill by or in the
name of any officer or servant of any bank, corporation or com-
pany, as such, purporting to be in the name of any officer of
any bank corporation or company, as such, shall and the same
is hereby declared to be, within the provisions of this law, and
subject to the enactments herein contained.

Penalty for
receiving
notes less
than $5 of
any bank
not charter-
ed by state.

SEC. 4. And be it enacted, That from and after the com-
mencement of this act, if any person shall pass or offer to pass,
receive or offer to receive, any note or bill, or any paper pur-
porting to be the note or bill of any bank, corporation or com-
pany whatever, not chartered by this state, of a less denomina-
tion than five dollars, or of any intermediate denomination be-
tween five dollars and ten dollars, he shall forfeit and pay for
every such offence the sum of five dollars current money, to be
recovered in the manner herein before mentioned.

When to
commence.

SEC. 5. And be it enacted, That this act shall commence and
be in operation from and after the first day of June next.

Act to be
given in
charge to
grand juries

SEC. 6. And be it enacted, That it shall be the duty of the
several county courts in this state, and of the city court of Balti-
more, to give this act especially in charge to the grand juries of
their respective courts.