1787-11-08 (static/transcriptions/1787/11/115.jpg)

1787. 4 Term. [Thursday] Nov 8.

that even an innocent holder of a Bill of Exchange which was given on an Usurious Contract, would be liable to the Statute, and the security was void in the hand of [than?] innocent holder, and he would be driven to his remedy against the Indorsor. If the Shift of reckoning Stock at par in England, or Company’s Paper at par here, could evade the Statutes they would be utterly useless and the most enormous usury, might be practiced.
Mr. Atkinson, Advocate also for the Defendant, Moore, Sanders and Lacy, Cited again the Case of Lower v Waller, and the case of Floyer v Edwards in Cowper 112,
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