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" ... 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 107
1878
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 174

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
...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...
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The Merchants' Magazine and Commercial Review, Volume 51

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...
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Cases Argued and Adjudged in the Supreme Court of the United States, Volume 18

United States. Supreme Court - 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...
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The Merchants' Magazine and Commercial Review, Volume 56

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...
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The Merchants' Magazine and Commercial Review, Volume 56

William B. Dana - 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...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 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...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - 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...
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The American Law Register, Volume 8

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...
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Laws of the State of New York, Volume 1

New York (State) - 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,...
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Statutes at Large of the State of New York: Comprising the Revised ..., Volume 7

New York (State) - 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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