Penalty
for passing,
selling, etc.,
counterfeit
or altered
notes.

Penalty for taking impression of tools, implements, etc.

Penalty for having in possession

of tools, implements, etc.

(SEC. 5431.) Every person who, with intent to defraud, passes, utters, publishes, or sells, or attempts to pass, utter, publish, or sell, or brings into the United States with intent to pass, publish, utter, or sell, or keeps in possession or conceals with like intent any falsely made, forged, counterfeited, or altered obligation, or other security of the United States, shall be punished by a fine of not more than five thousand dollars, and by imprisonment at hard labor not more than fifteen years.

(SEC. 5432.) Every person who, without authority from the United States, takes, procures, or makes, upon lead, foil, wax, plaster, paper, or any other substance or material, an impression, stamp, or imprint of, from, or by the use of any bed-plate, bed-piece, die, roll, plate, seal, type, or other tool, implement, instrument, or thing used or fitted or intended to be used, in printing, stamping, or impressing, or in making other tools, implements, instruments, or things, to be used, or fitted or intended to be used, in printing, stamping, or impressing any kind or description of obligation or other security of the United States, now authorized or hereafter to be authorized by the United States, or circulating note or evidence of debt of any banking association under the laws thereof, shall be punished by imprisonment at hard labor not more than ten years, or by a fine of not more than five thousand dollars, or both.

(SEC. 5433.) Every person who, with intent to defraud, has in his possession, keeping, custody or control, withimpression out authority from the United States, any imprint, stamp, or impression, taken or made upon any substance or material whatsoever, of any tool, implement, instrument, or thing, used, or fitted or intended to be used, for any of the purposes mentioned in the preceding section; or who, with intent to defraud, sells, gives or delivers any such imprint, stamp, or impression to any other person, shall be punished by imprisonment at hard labor not more than ten years, or by a fine of not more than five thousand dollars.

Penalty for buying, selling or

dealing in

(SEC. 5434.) Every person who buys, sells, exchanges, transfers, receives, or delivers, any false, forged, counterfeited, or altered obligation or other security of the

altered
notes.

United States, or circulating note of any banking associ- forged or ation organized or acting under the laws thereof, which has been or may hereafter be issued by virtue of any act of Congress, with the intent that the same be passed, published, or used as true and genuine, shall be imprisoned at hard labor not more than ten years, or fined not more than five thousand dollars, or both.

(SEC. 5437.) In all cases where the charter of any corporation which has been or may be created by act of Congress has expired or may hereafter expire, if any director, officer, or agent of the corporation, or any trustee thereof, or any agent of such trustee, or any person having in his possession or under his control the property of the corporation for the purpose of paying or redeeming its notes and obligations, knowingly issues, re-issues, or utters as money, or in any other way knowingly puts in circulation any bill, note, check, draft, or other security purporting to have been made by any such corporation whose charter has expired, or by any officer thereof, or purporting to have been made under authority derived therefrom, or if any person knowingly aids in any such act, he shall be punished by a fine of not more than ten thousand dollars, or by imprisonment not less than one year nor more than five years, or by both such fine and imprisonment. But nothing herein shall be construed to make it unlawful for any person, not being such director, officer, or agent of the corporation, or any trustee thereof, or any agent of such trustee, or any person having in his possession or under his control the property of the corporation for the purpose hereinbefore set forth, who has 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 circulate the same.

Penalty for unlawfully putting in the notes, drafts, etc., associations.

circulation

of closed

Persons not agents of closed associations

officers or

may

circulate

the notes of such asso

ciations.

THE INTEREST LAWS OF THE STATES.

[Compiled from the Banker's Almanac and Register for 1875.]

See page 225 for penalty for usury by national banks.

.*10.. 24.. $300, or imprison't 6 mos. or both. 6.. 10.. Forfeiture of all the interest.

*7.. 7.. Forfeiture of contract.

33 North Carolina... 6.. 8.. Forfeiture of interest.

Rate per cent.

State.

Legal. Special.

Penalty of Usury.

34 Ohio....

35 Oregon

36 Pennsylvania..

6..

6.. 8.. Forfeiture of excess.

10.. 12.. Forf. of inter't, principal and costs.

6..

Forf. of excess. Act May 28, 1858. Forfeiture, unless a greater rate is contracted.

None.

Forfeiture of excess over 6 per cent, and $100 fine.

TABLE No. 1.-NATIONAL BANKS IN THE UNITED STATES IN OCTOBER OF EACH YEAR.