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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 Federal Reserve Act: A Discussion of the Principles and Operations of ... - Halaman 220
oleh Clarence Walker Barron - 1914 - 223 halaman
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The Federal Reporter: Cases Argued and Determined in the Circuit ..., Volume 1-2

1880 - 1956 halaman
...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 it is further provided that, where excessive interest has been paid, twice the amount may be...
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National Bank Cases: Containing All Decisions of Both the Federal ..., Volume 2

Irving Browne - 1880 - 638 halaman
...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 - 1881 - 602 halaman
...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...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, or his legal representatives,...
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Weekly Notes of Cases Argued and Determined in the Supreme Court ..., Volume 10

1881 - 628 halaman
...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...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. The...
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A Manual of the Law Applicable to Corporations Generally: Including Also ...

Charles Theodore Boone - 1881 - 626 halaman
...national banks for taking excessive interest, is that imposed by the Natioual Itaiiking Act;7 namely, the forfeiture of the entire interest which the note,...carries with it. or which has been agreed to be paid thereon,8 and liability to action to гес'Л'ег back dcuble the amount of interest paid.9 The penalty...
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The American Reports: Containing All Decisions of General ..., Volume 35

Isaac Grant Thompson - 1881 - 896 halaman
...eight per cent) when knowingly done shall be deemed a forfeiture of the entire iuteret which the note 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 by whom it has been paid or his...
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The Southern Law Review, Volume 6

1881 - 1014 halaman
...would otherwise have accrued after maturity, as well as the entire interest which the bill or note carries with it, or which has been agreed to be paid thereon. 5 (6.) Jurisdiction of Sta f e Courts in Actions to recover the Penalty from National Ranks. — This...
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The Southern Law Review: And Chart of the Southern Law and ..., Volume 6

1881 - 982 halaman
...would otherwise have accrued after maturity, as well as the entire interest which the bill or note carries with it, or which has been agreed to be paid thereon. 5 (6.) Jurisdiction of State Courts in Actions to recover the Penalty from National Banks. — This...
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Commercial Precedents Selected from the Column of Replies and Decisions of ...

Charles Putzel, H. A. Bähr - 1881 - 656 halaman
...owed before he gave the note. 3. Section 5,198 of Revised Statutes of the United States provides " in case the greater rate of interest has been paid, the person to whom it has been paid, or his legal representatives, may recover back in an action, in the nature...
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The Ohio Law Journal, Volume 2

1882 - 692 halaman
...a rate of interest greater than is allowed by the E receding section, when knowingly done, shall e deemed a forfeiture of the entire interest which the...agreed to be paid thereon. In case the greater rate of interTHE OHIO LAW JOURNAL. est has been paid, the person by whom it has been paid, or his legal representatives,...
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