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The Maryland Code, Public General Laws, 1888
Volume 389, Page 606   View pdf image
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606 CURRENCY. [ART. 29.

sections, upon pain of forfeiting his license; and no new license

shall be granted to any person convicted of violating this section.

P. G. L, (1860,) art. 32, sec. 7. 1841, ch. 321, secs. 5-6.

7. No person shall be liable to the penalties imposed in the

preceding 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.

Ibid. sec. 8. 1841, ch. 321, sec. 4

8. The preceding sections of this article in relation to the
issuing or circulating of promissory notes, orders, bills, evidences

of debt and other paper securities, shall receive a liberal inter-
pretation 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 sec-
tions : and the forfeitures imposed in said sections shall be recov-
ered before a justice of the peace as small debts, one-half to the
informer and the other half to the State.

Ibid...sec. 9. 1818, ch. 191. 1830, ch. 150, sec. 1. 1823, ch. 147. 1841, ch. 388.
1843, 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, de-
vised 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 offence, 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, corporation 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,

 

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The Maryland Code, Public General Laws, 1888
Volume 389, Page 606   View pdf image
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