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" When no rate is fixed by the laws of the state or territory or district, the bank may take, receive, reserve, or charge a rate not exceeding seven per centum, and such interest may be taken in advance, reckoning the days for which the note, bill, or other... "
Reports of Cases Decided in the Circuit and District Courts of the United ... - Page 172
by Lewis Hamilton Bond, United States. Circuit Court (6th Circuit) - 1872
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Journal: 1st-13th Congress . Repr. 14th Congress, 1st Session ..., Volume 1

United States. Congress. House - United States - 1863 - 1180 pages
...exchange, or other evidences of debt, interest at a rate not exceeding seven per centum per annum ; and such interest may be taken in advance, reckoning...for which the note, bill, or other evidence of debt lias to run. And the knowingly taking, receiving, reserving, or charging a rate of interest greater...
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The Merchants' Magazine and Commercial Review, Volume 51

Commerce - 1864 - 496 pages
...when no rate is fixed by the laws of the State or Territory, the hank may take, receive, reserve, or charge a rate not exceeding seven per centum, and such interest may he taken in advance, reckoning the days for which the note, bill, or other evidence of debt, has to...
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The Merchants' Magazine and Commercial Review, Volume 56

William B. Dana - Commerce - 1867 - 494 pages
...not exceeding seven per centum, and §uch interest may be taken in advance, reckoning the days fur which the note, bill, or other evidence of debt has...reserving, or charging a rate of interest greater than the aforesaid, shall be held and adjudged a forfeiture of the entire interest which the note, bill,...
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The Merchants' Magazine and Commercial Review, Volume 56

1867 - 498 pages
...when no rate ˇв fixed by the laws of the state or territory, the bank may take, receive, reserve or charge, a rate not exceeding seven per centum, and...interest may be taken in advance, reckoning the days fur which the note, bill, or other evidence of debt has to tun. And the knowingly taking, receiving,...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volume 25

Law - 1882 - 624 pages
...is fixed by the laws of the State or Territory or district, the bank may take, receive, reserve or charge a rate not exceeding seven per centum, and...bill or other evidence of debt has to run. And the purchase, discount or sale of a botia fide bill of exchange, payable at another place than the place...
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Statutes at Large of the State of New York: Comprising the Revised ..., Volume 7

New York (State) - Law - 1870 - 860 pages
...note, bill of exchange, or other evidences of debt, interest at the rate of seven per cent per annum, and such interest may be taken in advance, reckoning...note, bill, or other evidence of debt has to run. The knowingly taking, receiving, reserving or penalty for charging a rate of interest greater than...
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Albany Law Journal, Volume 1

Law - 1870 - 546 pages
...note, bill of exchange, or other evidences of debt, interest at the rate of seven per cent per annum, and such interest may be taken in advance, reckoning...note, bill, or other evidence of debt, has to run. The knowingly taking, receiving, reserving or charging a rate • These laws have been carefully compared...
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Laws of the State of New York, Volume 1

New York (State) - Law - 1870 - 1380 pages
...note, bill of exchange, or other evidences of debt, interest at the rate of seven per cent per annum, and such interest may be taken in advance, reckoning...note, bill, or other evidence of debt has to run. The knowingly taking, receiving, reserving or charging a rate of interest greater than aforesaid shall...
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Albany Law Journal, Volume 1

Law - 1870 - 546 pages
...note, bill of exchange, or other evidences of debt, interest at the rate of seven per cent per annum, and such interest may be taken in advance, reckoning...note, bill, or other evidence of debt, has to run. The knowingly taking, receiving, reserving or charging a rate » These laws have been carefully compared...
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Reports of Cases in Law and Equity in the Supreme Court of the ..., Volume 57

Oliver Lorenzo Barbour - Law reports, digests, etc - 1871 - 756 pages
...congress authorizes them to take interest on such notes at the rate allowed by the laws of this State ; and such interest may be taken in advance, reckoning the days for which the note has to run. It then prescribes the penalties for taking an excess of interest, in the following terms...
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