Page:United States Statutes at Large Volume 5.djvu/333

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TWENTY—FIFTII CONGRESS. Sess. II. Ch. 185. 1838. 297 sale of the said bonds, shall be immediately paid into the Treasury of Disposal of the United States, or placed to the credit of the Treasurer thereof in *¤¤¤¤Y ¥¤¤<>iV¤<l_ some proper depository, in the same manner that other moneys, received th"°h°'°‘ for dues to the Government, are by law directed to be paid into the Treasury. Arpnovun, July 7, 1838. ··——r Sruurx II. Cr-nu-. CLXXXV.-dn ./2ct to prevent the issuing and circulation of the bills, J¤lY R1838- notcs and ot/ter securities of corporations created y acts of Congress which have "`"'__""` expired Be it enacted by the Senate and House of Representatitoes of the United States of America, in Congress assembled, That in all cases Any director where the charter of any corporation which has been or may be created &·°-.“’hP slim by act of Congress of the United States shall have expired or may here- £g:,l2,$r§jjj?` after expire, if any director, officer or agent of the said corporation or &,e. purporting any trustee thereof, or any agent or oflioer of such trustee, or any person *° EWS b°°” having in his possession or under his control the property of the said :;.,,Z,,,{;:;y corporation for the purpose of paying or redeeming its notes and obliga- whose charter tions, shall knowingly issue, re-issue, or utter as money or in any other Blum h*"'° °x‘ - · - - - pired, shall be way knowingly put in circulation, any bill, note, check, draft, or other deemed gum security purporting to have been made by any such corporation whose cfu high misde charter has expired or by any officer thereof, or purporting to have been m°“°°’· made, under authority derived therefrom, or if any person or persons shall knowingly aid and assist in any such act; every person so offending, shall be deemed guilty of a high misdemeanor, and on conviction thereof shall be punished.by a fine not exceeding ten thousand dollars, or by PGM1W- imprisonment and confinement not less than one year nor exceeding five years, or by both such fine and imprisonment: Provided, That nothing Yr<>Vi¤¤· herein contained shall be construed to make it unlawful for any person not being such director, oflieer or agent of the said corporation, or any trustee thereof, or any agent or officer of such trustee, or any person having in his possession or under his control the property of the corporation for the purpose aforesaid who shall have received or may hereafter receive such bill, note, check, draft or other security, bona fide and in the ordinary transactions of business, to utter as money or otherwise cir— eulate the same. All corpora Sec. 2. And be it further enacted, That in all cases in which any *i°¤¤,_g°*'·°d bl' corporation has been or may be created by acts of Congress of the ::2; w§j5,"5,°é United States, and in which the United States shall have been interested U. S. was u as a stockholder the term of which corporation has expired, and in ¤°g<>kh°lg°1'» which any bills, notes, checks, drafts or other securities, made under `fuvzsggufgzm authority derived, or alleged to have been derived from such act, shall me which have be in the possession or under the control of any director, officer or agent my btuigi'. of the said expired corporation, or any trustee thereof, or any agent or nggggsgjonfguy oflicer of such trustee, or any person having in his possession or under he prevented his control, the property of the said corporation, for the purpose of pay- {'°I" leillgigr ing or redeeming its notes and obligations, the several circuit courts of the United States shall have jurisdiction on the bill or petition of the United States to grant injunctions to prevent the issuing, reissuing, or I transfer of any such bills, notes, checks, drafts, or other securities; and also to cause such of the said bills, notes, checks, drafts, or other securities, as have been redeemed, to be delivered up and cancelled; and the said several courts shall have power to make all necessary decrees and orders for the purpose of carrying into effect the jurisdiction hereby conferred, and to execute the same by due process of law. Approved, July 7, 1838. Von. V.--38