Whenever any Cheque or Draft on any Banker shall be crossed with the Name of a Banker, or with Two transverse Lines with the Words " and Company," or any Abbreviation thereof, whosoever shall obliterate, add to, or alter any such Crossing, or shall offer, utter, dispose of, or put off any Cheque or Draft whereon any such Obliteration, Addition, or Alteration has been made, knowing the same to have been made, with Intent, in any of the Cases aforesaid, to defraud, shall be guilty of Felony, and being convicted thereof shall be liable, at the Discretion of the Court, to be kept in Penal Servitude for Life or for any Term not less than Three Years,—or to be imprisoned for any Term not exceeding Two Years, with or without Hard Labour, and with or without Solitary Confinement.