Section 10
SEC. 10. Every check, draft, note, bond, bill of exchange, and every contract whatsoever which is not properly stamped in accordance with the provisions of this Act shall be void, and every person, firm, bank, or corporation who gives or receives such check, draft, note, bond, bill of exchange, or contract which is subject to the stamp tax under this Act without its being properly stamped, or who shall receive or keep a deposit of local currency or make such a deposit without observing the provisions of this Act, shall be guilty of a criminal offense, and shall be liable to a fine not exceeding the face value in Philippine currency of fifty per centum of the number of pesos of local currency called for in said check, draft, note, bond, bill of exchange, or contract, or of the deposit so kept.