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An Abridgement of the Laws in Force and Use in Her Majesty's Plantations; 1704
Volume 193, Page 81   View pdf image (33K)
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                    Maryland, now in force.                    81

                        U.

                    Usury.

    I.  An. 3. W. & M. 1692. p. 15.  No person whatsoever
within this Province shall upon any Contract,
take directly or indirectly any Loan of any Money, Wares,
Merchandize or other Commodities whatsoever, to be
paid in Money, above the value of 6 l. for the forbearance
of 100 l. for one year, and so proportionably.  Nor for
the Loan of any Tobacco's, Wares, Merchandizes, &c.
to be paid in Tobacco or other Commodities above the
value of 8 l. of Tobacco for the forbearance of 100 l. of
Tobacco and so proportionably.
    II.  All Bonds, Contracts, &c. made for any greater
use or Interest than as aforesaid shall be utterly void.
And all and every person or persons, who shall by any
deceitful Ways or Means, Covin or Engine, take more
than aforesaid for the forbearance or giving day of Payment,
shall forfeit for every such offence the treble value
of the Money, Tobacco, Wares, &c. so lent, &c.
one half to the King for support of the Government, the
other for him that shall sue for the same in any Court
of Record by Action, Bill, &c. wherein no Essoin, &c.

 

                        W.

                    Waters.

    I.  An. Dom. 1698. p. 47.  The Persons in the Act
named, or any 3 of them, are appointed Trustees, to
purchase in the Kings name 50 Acres of Land near adjoyning
to the Fountains of healing Waters, called the
cool Springs lately discovered in St Maries County,

                                      G

 

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An Abridgement of the Laws in Force and Use in Her Majesty's Plantations; 1704
Volume 193, Page 81   View pdf image (33K)
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