New York Supreme Court August 15, 1900 (People v. Dunlap)

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United States · · · 15-08-1900

McAdam, J.

Section 378 of the Penal Code provides that a person who, directly or indirectly, takes any interest, discount or consideration upon the loan or forbearance of money greater than, six per centum per annum is guilty of a misdemeanor.

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