718

LAWS OF MARYLAND.

CHAP. 399

six per centum per annum on any sum borrowed, or permit
a deduction from said sum so loaned to him or her at the
time of said loan, or any time thereafter, of more than a
sum equivalent to six per centum per annum for the time said
loan is made.

Assignment.

Section 14. The term "assignment," as used in this Act,
shall include every assignment, transfer, sale, pledge, mort-
gage or hypothecation, however made or attempted, of the
wages or salary of any person, or of any interest therein.

Null and void.

Section 15. Whenever any assignment of the wages or
salary of any person or persons shall be given as security
for a loan tainted with usury, or shall be given to secure the
payment or fulfillment of a usurious contract or the pay-
ment of the principal or interest of a usurious debt, such
assignment shall be absolutely void.

Null and void.

Section 16. Every assignment of wages to be earned in
whole or in part more than six (6) months from and after
the making of such assigment, shall be absolutely void.
Section 17. Whenever any person, firm or corporation

Perpetually
enjoin the
threatened
enforcement
of such
assignment.

shall bring, or threaten to bring any action or suit to enforce
any assignment of wages or salary which has not been duly
executed, acknowledged, sworn to and served upon the
employer in conformity with the provisions of this Act, or
which is declared invalid by the provisions of this Act,
courts of equity shall have full power, upon the application
either of the assignor of such wages or salary, or of the
person, firm or corporation from whom such wages or salary
is, or is to become due, to perpetually enjoin the threatened
or attempted enforcement of any such assignment; and the
fact that the complainant has a complete and adequate
remedy at law shall constitute no defense to the mainte-
nance of a suit in equity for the purpose aforesaid.
Section 18. The invalidity of any portion of this Act shall

How effective.

not affect the validity of any other portion thereof which can
be given effect without such invalid part.

Approved April 3, 1906.

CHAPTER 400.
Dead.