Sec. 1. Be it ordained by tho City Council of the City of , That from and after the passage of this bill, gold and silver coin only be received as lawful tender in payment of city taxes, and of debts; and also of fines imposed under the ordinances of the .
Sec. 2. That city scrip shall not hereafter be emitted as moneyed currency; provided however that nothing in this bill shall be so construed as to prevent the redemption of previous emissions.
Sec. 3. That any person passing counterfeit gold, or silver or copper coin, or counterfeit or spurious paper currency, or aiding or abetting therein, or holding the same with intent to pass it, knowing it to be such; shall be liable to a fine not exceeding five thousand dollars, or to imprisonment or hard labor in the , for a term not exceeding fourteen years, or all these penalties at the discretion of the court.
Sec. 4. That any person passing a paper currency, or aiding and abetting therein, or holding the same with intent to pass it within the bounds of this city corporation, shall be liable to a fine of one dollar for every dollar thus offered or passed, to be recovered as in action of debt; one half of said fine to be paid to the complainent the other half to said corporation.