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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 Northeastern Reporter - Page 23
1890
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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
...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,...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
...taking, receiving, reserving, or charging a rate of interest greater than aforesaid, shall he held and adjudged a forfeiture of the entire interest which...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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The Merchants' Magazine and Commercial Review, Volume 56

William B. Dana - 1867 - 494 pages
...taking, receiving, reserving, or charging a rate of interest greater than the aforesaid, shall be held and adjudged a forfeiture of the entire interest which...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 Merchants' Magazine and Commercial Review, Volume 56

1867 - 498 pages
...rale of interest greater than the aforesaid, ğlull 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 Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 pages
...knowingly taking, receiving, reserving, or charging a rate of interest greater than aforesaid shall be held and adjudged a forfeiture of the entire interest which...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
...knowingly taking, receiving, reserving, or charging a rate of interest greater than aforesaid shall bo held and adjudged a forfeiture of the entire interest which...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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Albany Law Journal, Volume 1

1870 - 546 pages
...to the copy from which we print. — ED. I*. J. j of interest greater than aforesaid shall be held and adjudged a forfeiture of the entire interest which...paying the same, or their legal representatives, may rej cover back twice the amount of the interest thus paid I from the association taking or receiving...
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Albany Law Journal, Volume 10

1874 - 436 pages
...statute also declares that the knowingly taking " a rate of interest greater than aforesaid shall be held and adjudged a forfeiture of the entire interest which...it, or which has been agreed to be paid thereon." The second section of the act of 1870 is as follows: "It is hereby declared that the true intent and...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volume 25

1882 - 624 pages
...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,...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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