30 LEGAL INSTRUCTOR. 



Louisiana — Five per cent., bank interest six, and con- 

 ventional as high as ten ; beyond that, contract void. 



Tennessee — Six per cent.; usurious contracts void. 



Kentucky — Six per cent. ; usury recoverable with 

 costs. 



Ohio — Six per cent., on written agreements may 

 go as high as ten ; beyond this, contract void. 



Indiana — Six per cent. ; a fine of double the excess. 



Illinois — Six per cent. ; forfeit threefold the amount 

 of the whole interest. 



Missouri — Six per cent., by agreement as high as 

 ten ; beyond this, forfeit of interest due and usury 

 taken. 



Michigan — Seven per cent. ; forfeit usury and one 

 fourth the debt. 



Arkansas — Six per cent., by agreement as high as ten ; 

 forfeit usury, and contract void. 



' Florida — Eight per cent. ; forfeit interest and usury, 

 ^Wisconsin — Seven per cent., by contract, any amount 

 agreed upon by the parties. 



Iowa — Seven per cent., by agreement as high as 

 twelve ; forfeit three times the excess. 



In England and France, legal interest is five per cent ; 

 in Ireland six. 



