Section 5-413. Securities for money lost at gaming, void  


Latest version.
  • All things in
      action, judgments, mortgages,  conveyances,  and  every  other  security
      whatsoever,  given  or  executed,  by any person, where the whole or any
      part of the consideration of the same shall be for any  money  or  other
      valuable  thing won by playing at any game whatsoever, or won by betting
      on the hands or sides of such as do play at any game, or where the  same
      shall  be made for the repaying any money knowingly lent or advanced for
      the purpose of such gaming or betting aforesaid, or lent or advanced  at
      the  time  and  place  of  such play, to any person so gaming or betting
      aforesaid, or to any person who during such play,  shall  play  or  bet,
      shall  be  utterly  void,  except  where such securities, conveyances or
      mortgages shall affect any real estate, when the same shall be  void  as
      to the grantee therein, so far only as hereinafter declared.
        When  any securities, mortgages or other conveyances, executed for the
      whole or part of any consideration specified in the preceding  paragraph
      shall  affect  any real estate, they shall inure for the sole benefit of
      such person as would be entitled to the said real estate, if the grantor
      or person incumbering the same, had died, immediately upon the execution
      of such instrument, and shall be deemed to be taken and held to and  for
      the  use  of the person who would be so entitled.  All grants, covenants
      and conveyances, for preventing such real  estate  from  coming  to,  or
      devolving  upon,  the  person  hereby  intended  to  enjoy  the  same as
      aforesaid, or in any way incumbering or charging  the  same,  so  as  to
      prevent  such person from enjoying the same fully and entirely, shall be
      deemed fraudulent and void.