302 CURRENCY. [ART. 37.
ARTICLE XXXVII.
CURRENCY.
1 What coins recognized as currency
2 In what accounts to be kept, etc, and pro-
ceedings in court
3 In what judgments, decrees, etc
4 Who may issue notes for circulation
5 Who may not, penalty
6 Penalty on person licensed, for circulating
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7 Who exempt from penalty
8 Law to be construed liberally
9 Penalty for circulating notes of banks of
other States less than five dollars
10 Penalty, how disposed of
11 Offender to be committed on non-pay-
ment
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Art 32, s 1
1812, c 135, s 1
What coins rec-
ognized as
currency
25 Md 146, 575,
2G Md 8, 29 Md
483, 33 Md 500
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1. The species of coins which have been and which may be
struck at the mint of the United States, and the rates of foreign
coins as have been or shall be severally regulated and established
by Congress, shall be taken and recognized as the currency of this
State.
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Id s 2.
1812, c 135, s 2
In what ac-
counts to be
kept in, and
proceedings in
court
25 Md 146
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2. All accounts in this State shall be expressed in dollars and
cents, and all accounts in the public offices and all proceedings in
the courts of this State shall be kept and had in conformity with
this regulation.
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Id s 3
1812, c 135, s 3,
1806, c 41, s 5
In what, judg-
ments, decrees,
etc
26 Md 8. 21,
29 Md 483
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3. All judgments and decrees in suits and actions to be rendered
and passed in any court of law or equity, or by any justice of the
peace in this State, and all penalties, fines, and forfeitures shall be
rendered, given, made, or imposed in dollars and cents.
4. No person or association of persons, or corporation, except
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Id s 4
1841, c 321, s 1
Who may issue
notes for circu-
lation
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the banks of this State, shall issue or put in circulation any promis-
sory note, order, bill, evidence of debt, or other paper security, and
any person so offending shall forfeit and pay twenty dollars for each
offence.
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Id s 5
1841, c 321, s 2
Who may not.
Penalty
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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
offence.
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Id s 6
1841, c 321, s 3
Penalty on per-
son having
license far cir-
culating.
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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.
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Id s 7.
1841, c 321, ss
6, 6
Who exempt
from penalty
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7. No person shall be liable to the penalties imposed in the pre-
ceding sections of this article 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.
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