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Session Laws, 1841
Volume 593, Page 352   View pdf image
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INDEX.                                 1841.
 

Chap.

Sec.

treasurer, with a view to exercise the business

   

of an exchange broker, clerk to grant li-

   

cense, &c. authorizing him to sell or pur-

   

chase bills, &c. (public loans and stocks ex-

   

cepted,) for one year, &c.

282

2.

STOCK BROKERS, EXCHANGE BROKERS AND

   

BILL BROKERS—Upon payment of $3000 by any in-

   

dividual to the clerk of the county, to be paid

   

by him to the State treasurer, with a view

   

to use the business of a bill broker, clerk to

   

grant license, authorizing him to purchase

   

and sell notes of hand, &c. for one year,

   

any person dealing in any manner in the

   

purchase of stocks, to be considered a bro-

   

ker, such person not to pny a license for

   

clerk or agent employed by him,

"

3

In the respective cases for each and every

   

year in which any individual shall exercise

   

the business, &c. to pay in advance, &c. in

   

case of death, &c. before the expiration of

   

the time, etc. the benefit of license for the

   

unexpired time, to inure to the legal repre-

   

sentatives or assignee, etc. no such individu-

   

al, etc. to use at the same time more than

   

one office or place, of business, but such in-

   

dividual may hold at the same time a license

   

as stock broker, exchange broker or bill

   

broker, upon payment of respective sums, etc

"

4

Penalty of $500 for any person other

   

than those duly licensed, to use the business

   

of stock broker, etc.

"

5

Clerks at the usual time of settling their

   

accounts with the State, to pay over all

   

sums received', etc.

"

6

If any person shall enter into any contract

   

for the purchase, &c. of any public loan or

   

the stock of any corporation, &c. or any

   

bill, &c. of any corporation, &c. in which

   

contract it may be stipulated, &c. that the

   

same may be executed at any future period,

   

exceeding five judicial days next ensuing the

   

date of such contract, &c. in every such

   

case contract to be void, &c. the person so

   

offending, upon conviction to forfeit not less
than $300 nor more than $1000. &c. and all

   


 

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Session Laws, 1841
Volume 593, Page 352   View pdf image
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