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" And when no rate is fixed by the laws of the state or territory, the bank may take, receive, reserve, or charge a rate not exceeding seven per centum, and such interest may be taken in advance, reckoning the days for which the note, bill, or other evidence... "
The Albany Law Journal: A Weekly Record of the Law and the Lawyers - Page 383
1873
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1178 pages
...evidences of debt, interest at a rate not exceeding seven per centum per annum ; and such interest may be taken in advance, reckoning the days for which the note, bill, or other evidence of debt lias to run. And the knowingly taking, receiving, reserving, or charging a rate of interest greater...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...may take, receive, reserve, or charge a rate not exceeding seven per centum, and such interest may he taken in advance, reckoning the days for which the...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...
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The Merchants' Magazine and Commercial Review, Volume 56

William B. Dana - Commerce - 1867 - 494 pages
...not exceeding seven per centum, and §uch interest may be taken in advance, reckoning the days fur which the note, bill, or other evidence of debt has...reserving, 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,...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...may take, receive, reserve, or charge a rate not exceeding seven per centum, and such interest may be taken in advance, reckoning the days for which the...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 evidence of...
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The American Law Register, Volume 8

Law - 1869 - 820 pages
...in default of auv provision in the state law. 7 per cent, may be taken. The section then continues : "And the knowingly taking, receiving, reserving, or...greater 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,...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volume 25

Law - 1882 - 624 pages
...may take, receive, reserve or charge a rate not exceeding seven per centum, and such interest may be taken in advance, reckoning the days for which the...bill or other evidence of debt has to run. And the purchase, discount or sale of a botia fide bill of exchange, payable at another place than the place...
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Albany Law Journal, Volume 1

Law - 1870 - 546 pages
...other evidences of debt, interest at the rate of seven per cent per annum, and such interest may be The knowingly taking, receiving, reserving or charging a rate • These laws have been carefully compared...
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Laws of the State of New York, Volume 1

New York (State) - Law - 1870 - 1380 pages
...other evidences of debt, interest at the rate of seven per cent per annum, and such interest may be taken in advance, reckoning the days for which the note, bill, or other evidence of debt has to run. The knowingly taking, receiving, reserving or charging a rate of interest greater than aforesaid shall...
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Statutes at Large of the State of New York: Comprising the Revised ..., Volume 7

New York (State) - Law - 1870 - 860 pages
...other evidences of debt, interest at the rate of seven per cent per annum, and such interest may be taken in advance, reckoning the days for which the note, bill, or other evidence of debt has to run. The knowingly taking, receiving, reserving or penalty for charging a rate of interest greater than...
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Albany Law Journal, Volume 1

Law - 1870 - 546 pages
...other evidences of debt, interest at the rate of seven per cent per annum, and such interest may be taken in advance, reckoning the days for which the...note, bill, or other evidence of debt, has to run. The knowingly taking, receiving, reserving or charging a rate » These laws have been carefully compared...
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