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242
Bennet, Groome, Pole,
Bradley, Henderson, Riggs,
Brewer, of B. city Hollyday, Ringgold,
Brown, Howison, Ritchie,
Buchanan, Jones, Stoddert,
Carter, Lee,. , Tarr, of W.,
Cunningham, Longwell, Toadvine,
Dobbin, . Marbury, Vansant,
Emack, McCormick, Watkins, of Car,
Ferry, Merryman, Wilkinson,—43.
Flaherty, Mitchell,
So the motion submitted by Mr. Merrick prevailed, and
the whole section was stricken out.
Pending the call of.the roll on the above question ;
Mr. Tarr, of Caroline, asked to be excused from voting,
which was unanimously granted.
Mr. Groome submitted the following as a substitute:
Substitute for entire section : .
" The legal rate of interest shall be six per cent, per an-
num, but contracts in writing may be made for any rate,
unless and until the General Assembly shall otherwise, en-
act ;"
Mr. Wethered moved to lay the whole subject on the table,
Decided in the negative.
The question then recurring upon the substitute submitted
by Mr Groome,
Mr. Bradley submitted the following amendment:
" The rate of interest in this State shall not exceed six per
cent, per annum, and the Legislature shall provide by law,
all necessary forfeitures and penalties against usury ;"
Pending the consideration of which
Mr. Page submitted the following amendment:
" Sec. — . In the absence pf contract, the rate of interest
shall be six per cent, per annum, but it shall be lawful to
contract in writing for the payment of any rate of interest
not exceeding ten per .cent, per annum ;"
Pending the consideration of which,
Mr. Silver moved that the whole subject be indefinitely
postponed,
Pending the consideration of which,
Mr. Page moved that the Convention do now adjourn;
Decided in the negative.
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