1969]                   OF THE HOUSE OF DELEGATES                      117

and it is hereby repealed and re-enacted, with amendments, to read as
follows:".

Which amendment was read and rejected.

Amendment No. 6—In line 6 of Section 1 on page 2 of the third read-
ing file bill, delete "12" and insert in lieu thereof "3".

Which amendment was read and rejected.

Amendment No. 7—Delete all of lines 1 through 15 on page 2 of the
third reading file bill, comprising all of Section 12, and insert in lieu
thereof the following:

"Interest may be charged not in excess of the rate of six percent
(6%) per annum simple interest on the unpaid balance, except that in-
terest may be charged at the rate not in excess of nine percent (9%) per
annum simple interest on the unpaid balance under an agreement in writ-
ing between the lender and the borrower. This agreement must set out
the annual rate of interest which is charged, stated in percentage and be a
separate instrument from the contract of indebtedness. The agreement
must be signed prior to the execution of the contract of indebtedness."

Which amendment was read and rejected.

Favorable report adopted, as amended.

Read the second time and ordered passed to third reading.

THIRD READING
Senate Bill No. 3

Two-thirds of the House of Delegates elected having voted in the
affirmative by yeas and nays, complying with the Constitution, put bill
on its third reading and final passage.

Affirmative
Delegates—

Mr. Speaker, Briscoe, Fowler, Boyer, Athey, Lipin, Thomason, Burkhead, Connell,
Helms, Allen, Anderson, Fornos, Benner, Compton, Nimmerrichter, Arata, Coolahan,
Malone, Alpert, Jacobson, Eynd, Hopkins, Nice, Price, Tyler, Hinkel Jensen, Hutchin-
son, Jones, Kardash, Schirano, Einschutz, Evans, Rush, Arnick, D'Anna, Minnick, Dize,
Matthews, R. M., Burkheimer, Mackie, Dorman, Menes, Mothershead, Banning, Good-
man, Hull, King, Montfort, Santangelo, Weile, Aragona, Bagley, Donovan, Girodano,
McDonough, Rummage, Hickman, C. M., Hickman, R., Houck, Remsberg, Virts, Greer,
Hess, Osborne, Scarff, Hargreaves, Bonvegna, Bullock, Dypski, Krysiak, Silk, Walters,
Adams, F. B., Antonelli, Cassady, Chester, Holub, McCarty, Orlinsky, Sarbanes, Burns,
Curran, Hergenroeder, Kent, Kircher, McQuade, Mooney, O'Brien, Abramson, Brailey,
Dixon, Douglass, Epstein, Lee, Randolph, Abrams, Cardin, Friedman, Resnick, Sklar,
Spector, Waxter, Avara, Baumann, Freeberger, Murphy, Rutkowski, Weisengoff, Wyatt,
Donaldson, Grumbacher, Hoffman, Wright, Clarke, Cronin, Lady, Mclnerney, Scott,
Whalen, Whitney, Becker, Bell, Blondes, Cook, E. P., Docter, Maurer, Zander, Aitken,
Wiser, Evans, Reed, Sloan, Williams, Matthews, R. C, Yingling, Burgess, Warfield,
Long, Laws, Aiken.                                                                                      Total—142

Negative—None

The rules being suspended, Senate Bill No. 3 was placed on third
reading and final passage.

Senate Bill No. 3—By the President:

Subject: "INTEREST AND USURY."

Read the third time and passed by yeas and nays as follows: