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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 it,... "
The South Western Reporter - Σελίδα 120
1887
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

Laws of the United States Relating to Loans and the Currency, Since 1860

United States - 1878 - 271 σελίδες
...said shall be held and adjudged a forfeiture of the entire interest which the note, bill, or otber 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...

National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - 1878 - 989 σελίδες
...receiving, reserving, eh»rging a rate of interest greater than aforesaid, shall be held and tjodged a forfeiture of the entire interest which the note, bill, or other evi) of debt carries with it, or which has been agreed to be paid thereon. 1 in case a greater rate...

North Carolina Reports: Cases Argued and Determined in the Supreme ..., Τόμος 81

North Carolina. Supreme Court - 1879
...the first section in the very words, declares : " That the taking, receiving, reserving or charging a rate of interest greater than is allowed by the...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."...

The Federal Reporter: Cases Argued and Determined in the Circuit ..., Τόμοι 7-8

1881
...allowed by the local law, and the latter declares that "the taking, receiving, reserving, or charging a rate of interest greater than is allowed by the...it, or 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...

The Federal Reporter: Cases Argued and Determined in the Circuit ..., Τόμοι 1-2

1880
...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,...with it, or which has been agreed to be paid thereon ;" and it is further provided that, where excessive interest has been paid, twice the amount may be...

National Bank Cases: Containing All Decisions of Both the Federal ..., Τόμος 2

Irving Browne - 1880
...Miller. That the act of Congress providing that excess of interest, if demanded by a National bank, " shall be deemed a forfeiture of the entire interest which the note or bill .... carries with it, or which has been agreed to be paid thereon," destroys the interest-bearing...

Commercial Precedents: Selected from the Column of Replies and Decisions of ...

Charles Putzel, H. A. Bähr - 1881 - 588 σελίδες
...never been disputed here. Section 5,198 declares that "the taking, receiving, reserving, or charging a rate of interest greater than is allowed by the...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 representatives,...

A Manual of the Law Applicable to Corporations Generally: Including Also ...

Charles Theodore Boone - 1881 - 600 σελίδες
...national banks for taking excessive interest, is that imposed by the Natioual Itaiiking Act;7 namely, the forfeiture of the entire interest which the note,...carries with it. or which has been agreed to be paid thereon,8 and liability to action to гес'Л'ег back dcuble the amount of interest paid.9 The penalty...

The American Reports: Containing All Decisions of General Interest ..., Τόμος 35

Isaac Grant Thompson - 1881
...eight per cent) when knowingly done shall be deemed a forfeiture of the entire iuteret which the note 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 by whom it has been paid or his...

The Southern Law Review: And Chart of the Southern Law and ..., Τόμος 6

1881
...would otherwise have accrued after maturity, as well as the entire interest which the bill or note carries with it, or which has been agreed to be paid thereon. 5 (6.) Jurisdiction of State Courts in Actions to recover the Penalty from National Banks. — This...




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