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LEGAL INSTRUCTOR. 19 



LEGAL INTEREST TABLE. 



Exhibiting the legal rates of interest allowed in the dif- 

 ferent States and Territories within the United 

 States, with the punishment inflicted for usury in 

 each State. 



Maine — Six per cent. ; forfeit of the claim for usury. 



New Hampshire — Six per cent. ; forfeit of thrice the 

 amount unlawfully taken. 



Vermont — Six per cent. ; recovery in an action, witii 

 costs. ' 



Massachusetts — Six 'per cent. ; forfeit of thrice tffe 

 usury. 



Rhode Island — Six per cent. ; forfeit of the usury and 

 interest on the debt. 



Connecticut — Six per cent. ; forfeit of the whole debt. 



New York — Seven per cent. ; usurious contracts void. 



New Jersey — Six per cent. ; forfeit of the whole debt. 



Pennsylvania — Six per cent. ; forfeit of the whole 

 debt. 



Maryland — Six, and on tobacco contracts eight per 

 cent. ; usurious contracts void. 



Virginia — Six per cent. ; forfeit double the usury 

 taken. 



North Carohna — Six per cent. ; contracts for usury 

 void, and forfeit double the usury. 



South Carolina — Seven per cent. ; forfeit of interest 

 and premium taken, with costs to debtors. 



Georgia — Eight per cent. ; forfeit three times the 

 usury, and contract void. 



Alabama— Eight per cent. ; forfeit interest and usury. 



Mississippi — Eight per cent., by agreement, as high 

 as ten per cent. ; forfeit the usury. 



