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" And the 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 the note, bill, or other evidence of debt carries with it, or which has been agreed... "
Congressional Record: Proceedings and Debates of the ... Congress - Page 5368
by United States. Congress - 1923
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Reports of Cases in the Supreme Court of Nebraska, Volume 30

Nebraska. Supreme Court, David Allen Campbell, Guy Ashton Brown, Lorenzo Crounse, Walter Alber Leese, Lee Herdmen, Henry Clay Lindsay, Henry Paxon Stoddart - Law reports, digests, etc - 1891 - 960 pages
...receiving, or reserving or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture...evidence of debt carries with it, or which has been Htll v. Bank. agreed to he paid thereon. In case the greater rate of interest has heen paid, the person...
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Statutes and Statutory Construction: Including a Discussion of Legislative ...

Jabez Gridley Sutherland - Law - 1891 - 836 pages
...law. This was held erroneous ; section 30 prescribes the exclusive and uniform penalty — that is, the entire interest which the note, bill or other...with it, or which has been agreed to be paid thereon, when the rate knowingly received, reserved and charged by a national bank is in excess of that allowed...
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Journal

Texas. Legislature. Senate - Legislative journals - 1892 - 304 pages
...receiving, reserving or charging a rate of interest greater than lsallowed by the preceding article, when knowingly done, shall be deemed a forfeiture...paid thereon . . In case the greater rate of interest iiasbeen paid, the person by whom it bas been paid, or his legal representatives, may recover back...
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The General Banking Laws of the State of New York: Including the Banking Law ...

New York (State) - Banking law - 1892 - 308 pages
...knowingly taking, receiving, reserving or charging a greater rate of interest shall be held and adjudged a forfeiture of the entire interest which the note,...with it, or which has been agreed to be paid thereon. If a greater rate of interest has been paid, the person paying the same or his legal representatives...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volume 29

Law reports, digests, etc - 1892 - 634 pages
...maturity was recoverable. The statutory forfeiture is not of part of the interest, but all of it. " The entire interest which the note, bill, or other...it, or which has been agreed to be paid thereon," is comprehensive language. It would be difficult to employ broader terms. The legislative intent, we...
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The New York Supplement, Volume 16

Law reports, digests, etc - 1892 - 1106 pages
...the federal statute is not merely a forfeiture of the interest which has been agreed to be paid, but a forfeiture "of the entire interest which the note,...bill, or other evidence of debt carries with it." In other words, the reservation or acceptance of usury destroys the further interest-bearing capacity...
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North Carolina Reports: Cases Argued and Determined in the ..., Volume 109

North Carolina. Supreme Court - Law reports, digests, etc - 1892 - 1048 pages
...interest) when knowingly done, shall be deemed a forfeiture of the entire interest which the note, or other evidence of debt carries with it, or which has been agreed to be pai" thereon." And such defence may be alleged and proven m this and like actions to recover judgment...
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The Southeastern Reporter, Volume 13

Law reports, digests, etc - 1892 - 1166 pages
...provides that the "taking, receiving, or charging" a greater rate of interest than that allowed by law, when knowingly done, "shall be deemed a forfeiture of the entire interest" which " the debt carries with it, or which has been agreed to be paid thereon." Had the defendants excepted to...
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A Practical Treatise on the Business of Banking and Commercial Credits

John B. Duryea - Banks and banking - 1892 - 448 pages
...Illegal Interest. The taking of 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 paper carries with it, and which has been agreed to be paid thereon. In case the greater rate has been...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 32

Oklahoma. Supreme Court, Edward Bell Green, Frank Dale, John Henry Burford, Robert Lee Williams, Matthew John Kane, Howard J. Parker, Charles Winfield Van Eaton - Law reports, digests, etc - 1912 - 938 pages
...wherein usurious interest has been taken, received, reserved, or charged, in which case there shall be "a forfeiture of the entire interest which the note,...carries with it, or which has been agreed to be paid thereon'1 ; second, in case usurious interest has been paid, the person paying it may recover back...
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