Every person who within the city shall obtain money or valuable property by wilfully, with intent to defraud, making, passing, uttering or publishing any bill, note, check or other instrument in writing for the payment of money or for the payment of any labor or claims, or delivery of other valuable property, directed to or drawn upon any real or fictitious person, bank, firm, partnership, corporation or depository, when in fact such person shall have no money, property or credit, or shall have insufficient money, property or credit with the drawee of such instrument to meet and make payment of the same in full upon its presentation, shall be guilty of a misdemeanor. (Prior code § 15-5)