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,... Laws of the State of New York - Page 607by New York (State) - 1882Full view - About this book
| Law - 1898 - 562 pages
...no other construction of the statute, the court says, can effect be given to the clause forfeiting the entire interest which the note, bill or other evidence of debt carries, or which was agreed to be paid, but which has not actually been paid. Some attention was devoted by... | |
| Bankruptcy - 1874 - 742 pages
...bill, or 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 adjudged to be a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with... | |
| Law reports, digests, etc - 1882 - 634 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... | |
| Law - 1875 - 462 pages
...charging "a rate of interest greater than aforesaid shall be held and adjndged a forfeiture of the interest which the note, bill, or other evidence of...it, or which has been agreed to be paid thereon." (6.) If a greater rate has been paid, twice the amount so paid may be recovered back, provided suit... | |
| Law reports, digests, etc - 1875 - 788 pages
...defendant contends that in the provision that " the knowingly taking, receiving, reserving, or charging a rate of interest greater than aforesaid, shall be...and adjudged a forfeiture of the entire interest," the word "aforesaid" refers only to the rate established by the paragraph VoL II.] CENTRAL NATIONAL... | |
| John Russell Hussey - United States - 1876 - 562 pages
...bill, or other evidence of debt has to run. And the knowingly taking, receiving, reserving, or charging a rate of interest greater than aforesaid shall be...has been agreed to be paid thereon. And in case a greater rate of interest has been paid, the person or persons paying the same, or their legal representatives,... | |
| Law reports, digests, etc - 1876 - 642 pages
...it fell due. The Act of Congress speaks in this wise: "And knowingly taking, receiving, or charging a rate of interest greater than aforesaid, shall be...it, or which has been agreed to be paid thereon." Rev. Stat. sec. 5,198. Observe, it is the entire interest which the bill or note carries with it that... | |
| William Lyman Fawcett - Finance - 1876 - 300 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... | |
| Law - 1876 - 816 pages
...at a rate not exceeding seven per cent, per annum. (4 ) Knowingly reserving, receiving or charging "a rate of interest greater than aforesaid shall be held and adjudged a forfeiture of the interest which the note, bill or other evidence of debt carries with it, or which has been agreed to... | |
| United States. Supreme Court - Law reports, digests, etc - 1876 - 802 pages
...Such interest may be reserved or taken in advance. (5.) Knowingly reserving, receiving, or charging " a rate of interest greater than aforesaid shall be held and adjudged a forfeiture of the interest which the note, bill, or other evidence of debt, carries with it, or which has been agreed... | |
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