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 it,... Albany Law Journal - Page 3241870Full 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
...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,...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
...knowingly taking, receiving, reserving, or charging a rate of interest greater than aforesaid, shall he held and adjudged a forfeiture of the entire interest...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... | |
| William B. Dana - Commerce - 1867 - 494 pages
...run. And the knowingly taking, receiving, reserving, or charging a rate of interest greater than the aforesaid, shall be held and adjudged a forfeiture...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... | |
| 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... | |
| James M. Hiatt - United States - 1868 - 426 pages
...other evidence of debt has to run. And the knowingly taking, receiving, reserving, or charging a rate of interest greater than aforesaid shall be held and...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... | |
| 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... | |
| United States. Circuit Courts, Benjamin Vaughan Abbott - Law reports, digests, etc - 1871 - 648 pages
...rate of interest, it is provided, that "the knowingly taking, receiving, reserving, or charging a rate of interest greater than aforesaid, shall be held and adjudged a forfeiture of the entire interest," &c. And in case a greater rate of interest has been paid, the person or persons paying the same, or... | |
| Law - 1873 - 464 pages
...interest in the following terms : " And the knowingly taking, receiving, reserving or charging a rate of interest greater than aforesaid, shall be held...a forfeiture of the entire interest which the note * * * carries with it, or which has been agreed to be paid tbereon." etc. •J The court of appeals... | |
| Law - 1881 - 638 pages
...rate of interest greater than aforesaid (that allowed by local law here, ten per cent, per annum) , shall be held and adjudged a forfeiture of the entire...interest which the note, bill or other evidence of debt earned with it. or which has been agreed to be paid thereon." In The First National Bank of Morristown... | |
| Austin Abbott - Civil procedure - 1874 - 630 pages
...the authority conferred shall take place. "It expressly declares that the "knowingly taking a rate of interest greater than aforesaid, shall be held...a forfeiture of the entire interest which the note or other evidence of debt carries with it, or which has been agreed to be paid thereon." It therefore... | |
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