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,... The American Business Manual, Including Organization, Manufacturing ... - Page 119edited by - 1914Full 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 - 1913 - 804 pages
...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, 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... | |
| Vermont. Supreme Court - 1852 - 836 pages
...greater rate of interest than six per cent, per annum. In the other, it is declared, that whenever a greater rate of interest has been paid, the person paying the same may recover back the amount so paid above the legal interest, with interest thereon from the time of... | |
| United States. Congress. House - 1863 - 1180 pages
...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 or persons paying the same, or their... | |
| James M. Hiatt - 1868 - 438 pages
...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 or persons paying the same, or their... | |
| 1869 - 820 pages
...than aforesaid shall be held and adjudged a forfciture 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." It appears by the opinion that the law of Tennessee merely forfeits in such case the excess of interest... | |
| Frederick Charles Brightly - 1869 - 680 pages
...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 or persons paying the same, or their... | |
| Benjamin Vaughan Abbott, Austin Abbott - 1869 - 1028 pages
...than aforesaid shall bo 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 or persons paving the game, or their... | |
| New York (State) - 1870 - 860 pages
...greater than aforesaid shall 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 or persons paying the same, or... | |
| New York (State) - 1870 - 1380 pages
...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 or persons paying the same, or... | |
| John Torrey Morse (Jr.) - 1870 - 600 pages
...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 or persons paying the same, or their... | |
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