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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 Supreme Court Reporter - Σελίδα 49
1902
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New Cases Selected Chiefly from Decisions of the Courts of the ..., Τόμος 2

Austin Abbott - 1878 - 592 σελίδες
...greater than aforesaid shall be held and adjudged a forfeiture of the entire interest, which the . . . 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 . . may...

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

Isaac Grant Thompson - 1878 - 1018 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 - 696 σελίδες
...after repealing the former act, and re-enacting the first section in the very words, declares : " That the taking, receiving, reserving or charging a rate...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 - 1900 σελίδες
...interest chargeable by a national bank to that allowed by the local law, and the latter declares that "the taking, receiving, reserving, or charging a rate...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 ..., Τόμοι 87-88

1898 - 2046 σελίδες
...been a renewal. This was based upon the court's construction of the language of the act, which is, "Taking, receiving, reserving or charging a rate of...it, or which has been agreed to be paid thereon." The case was returned to the trial court, and. although this construction of the statute had been subsequently...

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

1880 - 1956 σελίδες
...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 - 638 σελίδες
...was this an usurious transaction; section 5198, Revised Statutes of United States, provides " that the taking, receiving, reserving, or charging a rate of interest greater than is allowed by the State where the bank is located, when knowingly done, shall be a forfeiture of the entire interest,...

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

Charles Putzel, H. A. Bähr - 1881 - 656 σελίδες
...this point ? A. The law is very clear and has never been disputed here. Section 5,198 declares that "the taking, receiving, reserving, or charging a rate...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, tr his legal representatives,...

Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Τόμος 10

1881 - 628 σελίδες
...interest chargeable by a national bank to that allowed by the local law, and the latter declares that " the taking, receiving, reserving, or charging a rate...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...

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

Charles Theodore Boone - 1881 - 626 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...




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