| Isaac Grant Thompson - Law reports, digests, etc - 1884 - 880 pages
...interest, shall not be considered as taking or receiving a greater rate of interest. "Section 5198. The taking, receiving, reserving, or charging a rate...interest greater than is allowed by the preceding secrion, when knowingly done, shall be deemed a forfeiture oi the entire VOL. XLVI — 66 Lynch v.... | |
| Law reports, digests, etc - 1915 - 1230 pages
...wherein usurious interest has been tnken, received, reserved, or charged, in which case there shnll be 'a forfeiture of the entire interest which the note, bill or other evidence of debt canne» tcith ¿<. or which has been agreed to be paid thereon ; second, in case usurious interest... | |
| Law reports, digests, etc - 1919 - 1024 pages
...creditor by so doing renders himself liable for the penaity provided by section 1005, Rev. Laws 1910, for taking, receiving, reserving, or charging a rate of interest greater than is allowed by law. 4. USURY C=0(5, 136 — USURIOUS NOTE — INCLUSION IN SUBSEQUENT NOTES. Where a usurious promissory... | |
| Law reports, digests, etc - 1893 - 1176 pages
...advance, reckoning the days for which the note, bill, or other evidence of debt has to run. Sec. 5198. The taking, receiving, reserving, or charging a rate...interest which the note, bill, or other evidence of debt carried with it, or which has been agreed to be paid thereoo. In case the greater rate of iuterest... | |
| United States. Supreme Court - Law reports, digests, etc - 1885 - 1072 pages
...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,...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, or their... | |
| Law reports, digests, etc - 1885 - 1062 pages
...contract. Can this view be sustained by authority? By section 5198 of the United States Revised Statutes, "the taking, receiving, reserving, or charging a rate...greater than is allowed by the preceding section, (that allowed by the local law,) when knowingly done, shall be deemed a forfeiture of the entire interest... | |
| Indiana. General Assembly. Senate - Indiana - 1885 - 1096 pages
...: MR. PRESIDENT: I move to strike out all after the enacting clause and amend the following : That the taking, receiving, reserving, or charging a rate of interest greater than is allowed by law, when knowingly done by any person, corporation or association, shall be deemed a forfeiture of... | |
| Law reports, digests, etc - 1914 - 1134 pages
...to charge interest "at the rate allowed by the laws of the state," and section 5198 declares that: "The taking, receiving, reserving, or charging a rate...the preceding section, when knowingly done, shall be a forfeiture of the entire interest which the note, bill, or other evidence of debt carries with it,... | |
| Law reports, digests, etc - 1887 - 1024 pages
...Section 30 of the act of congress of 1864, which is section 5198 of the Revised Statutes, is as follows: "The taking, receiving, reserving, or charging a rate...carries with it, or which has been agreed to be paid. In case the greater rate of interest has been paid, the person by whom it has been paid, or his legal... | |
| Law reports, digests, etc - 1889 - 1048 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,...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, or their... | |
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