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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,... "
Ruling Case Law: As Developed and Established by the Decisions and ... - Page 276
edited by - 1920
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United States Reports, Supreme Court: Cases Argued and ..., Volume 6; Volume 96

United States. Supreme Court - Law reports, digests, etc - 1878 - 808 pages
...is located," shall be " held and adjudged a forfeiture of the entire interest which the bill, note, or other evidence of debt carries with it, or which has been agreed to be paid thereon." The same section also declares : " But the purchase, discount, or sale of a bona fide bill...
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Laws of the United States Relating to Loans and the Currency, Since 1860

United States - Banking law - 1878 - 310 pages
...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,...
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New Cases Selected Chiefly from Decisions of the Courts of the ..., Volume 2

Austin Abbott - Civil procedure - 1878 - 592 pages
...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...
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National Bank Cases: Containing All Decisions of Both the Federal and State ...

Isaac Grant Thompson - National banks (U.S.) - 1878 - 1018 pages
...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...
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North Carolina Reports: Cases Argued and Determined in the ..., Volume 81

North Carolina. Supreme Court - Law reports, digests, etc - 1879 - 696 pages
...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 or JONES 0. CAMERON. other evidence of debt carries with it, or which has been agreed to be paid thereon."...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 87-88

Law reports, digests, etc - 1898 - 2046 pages
...receiving, reserving or charging a rate of Interest greater than is allowed by the preceding section, when 'knowingly done, shall be deemed a forfeiture...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...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 1-2

Law reports, digests, etc - 1880 - 1956 pages
...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,...carries 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...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - National banks (United States). - 1880 - 638 pages
...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...
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Commercial Precedents Selected from the Column of Replies and Decisions of ...

Charles Putzel, H. A. Bähr - Commercial law - 1881 - 656 pages
...receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture...carries with it, or 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...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volume 10

Law reports, digests, etc - 1881 - 628 pages
...receiving, reserving, or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture...carries with 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....
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