768 JOURNAL OF PROCEEDINGS [Mar. 27,

Billingsley, Williams,
Brattan, Walsh—11.
Fields,

Mr. Williams submitted the following amendment:

"A bill entitled an Act to repeal sections 1, 3, 4 and 5 of
Article XCV. of the Code of Public General Laws, relating
to usury, and to re-enact the same with amendments."

"Section 1. Be it enacted by the General Assembly of
Maryland, That sections 1, 3, 4 and 5 of Article XCV. of
the Code of Public General Laws, relating to usary, be and
the same are hereby repealed, and the following re-enacted in
lieu thereof :''

"Sub-section 1. Interest may be charged or deducted at the
rate of six per centum per annum, and the same may be cal-
culated according to the standard line drawn in Rowlett's
Tables, but contracts may be made for any rate of interest
agreed upon in writing between the parties, not exceeding
seven and three-tenths per centum per annum.''

"Sub-section 3. If any person shall exact, directly or in-
directly, for loan of any money, goods or chattels, to be paid
in money above the value of seven and three-tenth- dollars,
for the forbearance of one hundred dollars for one year, and
so after that rate for a greater or lesser sum or for a longer or
shorter time, he shall be deemed guilty of usury."

"Sub-section 4. Any person guilty of usury shall forfeit all
the excess above the real sum or value of the goods and
chattels actually lent or advanced, which forfeiture shall
enure to the benefit of any defendant who shall plead usury
and prove the same."

"Sub-section 5. Every plea of usury shall state the sum of
money or the value of the goods and chattels lent or advanced,
with the time at which the same was so lent or advanced, and
the plaintiff shall be entitled to recover the sum of money or
the value of the goods and chattels, actually lent or advanced,
but shall receive no interest thereon, whenever any guardian,
clerk, or administrator or trustee, or other fiduciary or any
retain register, collector or receiver of public monies, shall
retain the fund collected or entrusted to him in virtue of his
trust or office, beyond the time he is by law allowed to retain
the same, such guardian, executor, administrator, trustee or
other fiduciary or clerk, register, collector or receiver, shall
be chargable with interest at the rate of seven and three-
tenths per centum upon the sum so retained beyond the time
allowed by law."

Mr. Fields submitted the following amendment to the
amendment of Mr. Williams.