Chap. 210.—An ACT relating to the receiving of deposits by insolvent bankers,
brokers or an officer of a bank.

Approved February 12, 1894.

1. Be it enacted by the general assembly of Virginia, That any
banker, whether state or private, any broker or officer of any trust or
savings institution or of any state bank, or employee of any private
banker, who shall take and receive money from a depositor with the
actual knowledge that the said banker, broker or the said trust or
savings institution or the said bank is at the time insolvent, shall
be guilty of embezzlement, and shall be punished by a fine double the
amount so received and imprisoned from one to three years in the
penitentiary for each offence.

2. That any banker, whether state or private, any broker or officer
of any trust or savings institution or of any state bank, who shal]
permit money to he received from a depositor with the actual know-
ledge that the said banker, broker or the said trust or savings insti-
tution or the said bank is at the time insolvent, shall be guilty of
embezzlement, and shall be punished as in the preceding section.

3. On the trial of any indictment under this act it shall be the
duty of said banker or broker or officer of any trust or savings insti-
tution, national, state or private bankers, their agents or officers, to
produce in court, on demand of the attorney for the commonwealth,
all books and papers of said banks, trust and savings institution or
private bankers or brokers, as such, to be read as evidence on the
trial of such indictment: provided that in determining the question
of the solvency of any such state bank, trust or savings institution
the capital stock thereof shall not be considered a liability due by it.

4. This act shall be in force from its passage.