 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
 | United States. Supreme Court - Law reports, digests, etc - 1878 - 808 pages
...interest greater" than that "allowed by the iaws of the State or Territory where the bank is located," shall be " held and adjudged a forfeiture of the entire interest which the bill, note, or other evidence of debt carries with it, or which has been agreed to be paid thereon."... | |
 | Law reports, digests, etc - 1879 - 632 pages
...where the bank is located, and Section 5198 provides that " knowingly taking, receiving, or charging a rate of interest greater than aforesaid, shall be...it, or which has been agreed to be paid thereon." Thus it will be seen that under the. Act of Congress no interest can be recovered upon a usurious contract,... | |
 | Isaac Grant Thompson - Law reports, digests, etc - 1879 - 912 pages
...reserving of charging a rate of interest greater than the rate fixed by the previous part of the section, " shall be held and adjudged a forfeiture of the entire...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,... | |
 | North Carolina. Supreme Court - Law reports, digests, etc - 1879 - 696 pages
...knowingly done, shall be deemed a forfeiture of the entire interest which the note or JONES 0. CAMERON. other evidence of debt carries with it, or which has been agreed to be paid thereon." Acts 1876-77, ch. 91 § 3. Aside from the objection that the terms of the contract are controlled by... | |
 | United States. Supreme Court - Law reports, digests, etc - 1879 - 696 pages
...banks created under it, declares: — " 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 - 1881 - 1900 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,...which has been agreed to be paid thereon;" and in case the unlawful rate has been paid, a penalty of twice the amount thereof is inflicted. The pleadings... | |
 | Law reports, digests, etc - 1880 - 1956 pages
...of that act (Rev. St. § 5198) enacts: "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... | |
 | Irving Browne - National banks (United States). - 1880 - 638 pages
...the banks created under it, declares : " 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 - 1881 - 628 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,...which has been agreed to be paid thereon," and in case the unlawful rate has been paid, a penalty of twice the amount thereof is inflicted. The pleadings... | |
 | Charles Putzel, H. A. Bähr - Commercial law - 1881 - 602 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 a greater rate of interest has been paid, the person to whom it has been paid, or his legal... | |
| |
