Supreme Court of North Carolina May 20, 1925 (Sloan v. Piedmont Fire Insurance)
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United States · · · 20-05-1925
Connor, J.
This is an action to recover the penalty prescribed by statute (C. S., 2306) for taking, receiving, reserving or charging a greater rate of interest than six per centum per annum. The,legal rate of interest in this State is six per centum' pier annum, and no more. (C. S., 2305).
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