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Brevier Legislative Reports, Volume I, 1858, 204 pp.
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page: 116[View Page: 116]

INTEREST ON BILLS OF EXCHANGE.

Mr. MARTIN submitted the following, which was adopted by consent:

Resolved, That the Committe on Banks be instructed to inquire into the expediency of prohibiting the banks in the State from taking or receiving, either directly or indirectly, by bills of exchange or otherwise, a greater rate of interest than by law an individual may take or receive, and that they report by bill or otherwise.

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