...Interest. — Legal rate, в per cent. By agreement In writing, 1O per cent. Any person contracting for a greater rate of Interest than 10 per cent, per annum shall forfeit all Interest so contracted for In excess of such 10 per cent; and In addition thereto shall...

...the offense of usury; and the Legislature did promptly provide that all written contracts stipulating for a greater rate of interest than 10 per cent. per annum shall be void and of no effect for the amount or value of the interest only; that the principal sum of the contract...

...sections of said chapter relating to Interest are in the following language: "Sec. 4732 (§ 3043). All contracts for a greater rate of Interest than 10 per cent per annum shall be void as to principal and Interest and the general assembly shall prohibit the same by law; but when...

...94, and section 4732, Mansf. Dig. (section 3043, Ind. T. Ann. St. 1S09), provides: "All contracts for greater rate of interest than 10 per cent, per annum shall be void as to principal and interest ; * * * but when no rate of interest is agreed upon, the rate shall...

...was enacted by the authority and in pursuance of a provision of our state Constitution which declares that all contracts for a greater rate of interest...per cent, per annum shall be deemed usurious, and that the Legislature shall provide appropriate pains and penalties to prevent the same; and in construing...

...To prove that the contract of Hardlo & Co. and appellants was usurious, it must be shown that It was for a greater rate of interest than 10 per cent, per annum. Appellants contend that this was shown In the deed of trust, by the stipulation to ship 200 bales of...

...appellants' prayer, and they duly excepted. The court instructed the jury, on its own motion, in effect that contracts for a greater rate of interest than 10 per cent, per annum were void. That if the note in contro488 SALLEE v. SECURITY BANK & TRUST Co. [119 versy was made as...

...mortgage, deed of trust or otherwise, on real or personal property, to secure the payment of a contract for a greater rate of interest than 10 per cent, per annum, either directly or indirectly and every conveyance made in furtherance of any such lien is void ; and...

...cent be deducted from this aggregate amount, the available school fund will be increased $616,899.92 per annum. This will very much augment the present..."all contracts for a greater rate of interest than ten per cent per annum shall be deemed usurious, and the first legislature after this amendment is...

...cent be deducted from this aggregate amount, the available school fund will be increased $616,899.92 per annum. This will very much augment the present...and tend to ¡ enable the legislature to comply with i the constitutional demand thai; the ¡ public free schools shall be efficiently maintained for six...