FRANCIS THOMAS, ESQUIRE, GOVERNOR.
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1841.
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fence was committed, and upon conviction shall be fined not
less than one thousand dollars, or confined in the jail of said
county or district for not less than twelve months, at the
discretion of the said county or district court.
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CHAP. 219.
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Sec. 4. And be it enacted, That if any such order shall
issue or be paid out as aforesaid, each officer and director
authorizing the issuing or paying out of the same, and every
officer or agent issuing or paying out the same shall, upon a
writ or warrant, as the case, may be, be individually liable
to the holder of the same, in such sum of money as shall be
equal to the amount of stock directed to be transferred by
the said order.
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Individually
liable.
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Sec. 5. And be it enacted, That the eleventh section of
an act, passed at the March session, eighteen hundred and
forty-one, chapter thirty, entitled, an act for the completion
of the Chesapeake and Ohio Canal to Cumberland, be and
he same is hereby repealed.
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Repealed.
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Sec. 6. Be it enacted, That the act to authorize the Tide
Water canal company, to issue toll notes to a limited amount,
on the pledge by mortgage, of its works and property, be
and the same is hereby repealed.
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Repealed.
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Sec. 7. Be it enacted, That after the passage of this act,
no internal improvement or other incorporated company,
unless expressly authorized to do so by the terms of its
charter, shall make or issue any stock order, scrip, or other
order, check, note, bill or device, drawn, made or accepted
by said company, with a view of giving the same a circu-
lation as a currency.
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Issues forbid.
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Sec. 8. And be it enacted, That if any officer, director
or agent of such company shall direct or authorize the
making or issuing of any such order, bill, note, check or
device, he shall be subject to indictment in the county or
city court of the county, district or city, as the case may
be, where the offence was committed, and upon conviction,
shall be fined not less than one thousand dollars, or shall
suffer not less than one year's imprisonment in the jail of
the county or district where said offence was committee, at
the discretion of the court; and said officer, director or
agent shall also be liable upon a suit or warrant, to the hold-
er of said order, bill, note, check or device, to the full amount
of money for which said order, bill, note, check or device,
[to the full amount of money for which said order, bill,
note, check or device] is proposed to circulate.
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Subject to
indictment.
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