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nydus/The History of UsuryPublic

This volume provides a historical overview of usury from the Mosaic period through the Roman era and into the nineteenth century. It examines the policy of usury laws, their impact on commerce, and the conflict of legal principles across different states and countries.

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Table of Contents

Btatb. Legal

Alabama, . . 8 per Arkansas,' . . 6 California,^ - . , 10 Connecticut, 6 Delaware, . . 6 Florida,' . . . 8 Georgia, . . 7 Illinois,* . . . 6 Indiana,' . . 6 Iowa,' . . . 6 Kentucky, . . 6 Louisiana,' . . 5 Maine, . . . . 6 Maryland,' . . 6 Massachusetts, 6 RATE. PENALTT FOB VSURT.

• cent. Forfeit interest and usury only. Forfeit usury only.

Usurious contracts utterly void. Forfeit whole debt.

Forfeit interest and usury. Forfeit interest and usury only. Forfeit interest and usury only. Forfeit double the usury.

r Forfeit ten per cent, on amount of I contract.

Forfeit usury only.

Forfeit interest and usury. Excess deducted from amount due. Usurious contracts void, f Forfeit three times the usury, and 1 costs.

, * By special contract, as bigh as ten per cent, * By specijil contract, any rate whatever, ' Six per cent., when no other rate is expressed by tbe parties. * By agreement, as bigh as ten per cent. • By agreement, as high as ten per cent. • By agreement, as bigh as ten per cent. ' Banks allowed the rates expressed in their charters; hut conventional interest cannot exceed ten per cent.

' On tobacco contracts, eiglit per cent. (ix)

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