... The taking, receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with... The Central Law Journal - Page 1071878Full view - About this book
| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1913 - 804 pages
...greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill, or other...with it, or which has been agreed to be paid thereon. In case the greater rate of interest has been paid, the person by whom it has been paid, or his legal... | |
| Commerce - 1864 - 496 pages
...reserving, or charging a rate of interest greater than aforesaid, shall he held and adjudged a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has heen agreed to he paid thereon. And in case a greater rate of interest has heen paid, the person or... | |
| United States. Supreme Court - Law reports, digests, etc - 1874 - 726 pages
...or Territory, the bank may take, receive, reserve or charge a rate not exceeding 7 per centum. . . . "And in case a greater rate of interest has been paid,...recover back, in any action of debt, twice the amount of interest thus paid from the association taking or receiving the same." . . . In Missouri, the banks... | |
| 1867 - 498 pages
...rale of interest greater than the aforesaid, »lull be held and adjudged a forfeiture of the 1-iitirn interest which the note, bill, or other evidence of...with it, or which has been agreed to be paid thereon. Aud in case a greater rate of interest has been paid, the person or persons paying the Fame, or their... | |
| William B. Dana - Commerce - 1867 - 494 pages
...or charging a rate of interest greater than the aforesaid, shall be held and adjudged a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which h.rs been agreed to be paid thereon. Ami in case a greater rate of interest has been paid, the person... | |
| James M. Hiatt - United States - 1868 - 426 pages
...reserving, or charging a rate of interest greater than aforesaid shall be held and adjudged a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it, or which has-been agreed to be paid thereon. And in case a greater rate of interest has been paid, the person... | |
| Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...reserving, or charging a rate of interest greater than aforesaid shall bo held and adjudged a forfeiture of the entire interest which the note, bill, or other...rate of interest has been paid, the person or persons paving the game, or their legal representatives, may recover back, in any action of debt, twice the... | |
| Law - 1869 - 820 pages
...reserving, or charging a rate of interest greater than aforesaid shall be held and adjudged a forfciture of the entire interest which the note, bill, or other...it, or which has been agreed to be paid thereon." It appears by the opinion that the law of Tennessee merely forfeits in such case the excess of interest... | |
| New York (State) - Law - 1870 - 1380 pages
...reserving or charging a rate of interest greater than aforesaid shall be held and adjudged a forfeiture of the entire interest which the note, bill, or other...same, or their legal representatives, may recover back twice the amount of the interest thus paid, from the association taking or receiving the same ; provided,... | |
| New York (State) - Law - 1870 - 860 pages
...penalty for charging a rate of interest greater than aforesaid shall held and adjudged a forfeiture of the entire interest which the note, bill or other...same, or their legal representatives, may recover back twice the amount of the interest thus paid, from the association taking or receiving the same ; provided,... | |
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