CURRENCY. 1195
note, order, bill, evidence of debt, or other paper security; and any person
so offending shall forfeit and pay twenty dollars for each offense.
An. Code, sec. 5. 1904, sec. 5. 1888, sec. 5. 1841, ch. 321, sec. 2.
5. No person or association of persons shall pay out, pass or circulate
any such promissory note, bill, order, evidence of debt or other paper
security, under the penalty of twenty dollars for each offense.
An. Code, sec. 6. 1904, sec. 6. 1888, sec. 6. 1841, ch. 321, sec. 3.
6. No ordinary keeper, trader or retailer or other person who buys and
sells under a license issued under the laws of this State shall issue, pay out
or receive any such bill, note, order, evidence of debt or paper security as
are referred to in the two preceding sections, upon pain of forfeiting his
license; and no new license shall be granted to any person convicted of
violating this section.
An. Code, sec. 7. 1904, sec. 7. 1888, sec. 7. 1841, ch. 321, secs. 5, 6.
7. No person shall be liable to the penalties imposed in sections 4, 5,
and 6, who can show that the note or evidence of debt he issued, passed or
received was a real bona fide evidence of debt and not intended to circulate ,
as money; nor shall anything contained in the said sections apply to the
issues of the banks of this State or to the lawful issues of banks chartered
by another State, district or territory.
An. Code, sec. 8. 1904, sec. 8. 1888, sec. 8. 1841, ch. 321, sec. 4.
8. The preceding sections in relation to the issuing or circulating of
promissory notes, orders, bills, evidences of debt and other paper securities
shall receive a liberal interpretation to suppress the mischief, and any note,
bill, order or other writing designed or used as money or currency shall be
considered a paper security within the meaning of the said sections; and
the forfeitures imposed in said sections shall be recovered before a justice
of the peace as small debts, one-half to the informer and the other half to
the State.
An. Code, sec. 9. 1904, sec. 9. 1888, sec. 9. 1818, ch. 191. 1820, ch. 150, sec. 1. 1823, ch. 147.
1841, ch. 302. 1842, ch. 251, sec. 4. 1844, ch. 111. 1852, ch. 235, sec. 1.
9. It shall not be lawful for any person, firm or association of persons,
corporation or body politic to pay out, circulate or receive in payment of
any debt any bank note, promissory note or other obligation payable to
bearer, or endorsed in blank or to bearer, or any other note, token, scrip or
device whatsoever, devised or intended for circulation as currency issued
without the limits of this State, of a less denomination than five dollars
under a penalty of five dollars for each offense, to be recovered by an action
of debt in the name of the State before any justice of the peace of the
State, and it shall not be lawful for any bank, savings institution, corpora-
tion or body politic of this State, or for any person or association of persons,
to make, issue or pay out any note or device of the nature and character
described in this section of a less denomination than five dollars under the
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