This section is from the book "Hill's Manual Of Social And Business Forms: A Guide To Correct Writing", by Thos. E. Hill. Also available from Amazon: Hill's Manual Of Social And Business Forms: The How-To-Do-Everything Book Of Victorian America.
$100. Rochester, N. Y., Oct 2, 18 - .
Due Walter P. Kimball, or order, on demand, One Hundred dollars, value received.
C. T. MARSH.
$400. Kalamazoo, Mich., Feb. 1, 18 - .
Due on demand, to Sanford Burton, Four Hundred dollars, in Flow; at the market value when delivered. Value received.
CHAS. H. WALKER.
$200. Keokuk, Iowa, May 19, 18 - .
Due, on the 10th of June next, to A. B. Condit, or order, One Hundred dollars in cash, and One Hundred dollars in merchandise from our store.
BELDEN, GREEN & CO.
$20. West Arlington, Vt., April 9, 18 - .
Due Wright Marsh, Twenty Dollars, in merchandise from our store.
R. T. HURD & CO.
STATES AND | Legal rate of | Rate allowed by | Penalties for Usury. | STATES AND TERRITORIES. | Legal rate of Interest. | Rate allowed by Contract. | Penalties for Usury. |
per cent. | per cent. | percent. | per cent. | ||||
Alabama | ..8.. | . ..8.. | Forfeiture of entire interest. | Montana | 10 | Any rate. | |
Arizona | 10 | Any rate. | Nebraska | 7 | 10 | Forfeiture of int. and costs. | |
Arkansas | 6 | 10 | Forfeiture of prin'l and int. | Nevada | 10 | Any rate. | |
California | 7 | Any rate. | New Hampshire | 6 | 6 | For. of thrice the ex. & costs | |
Colorado | 10 | Any rate. | New Jersey | 6 | 6 | Forfeiture of int. and costs. | |
Connecticut | ..6.. | 6 | 6 | 12 | |||
Dakota | 7 | 12 | Forfeiture of excess of int. | New York | 6 | 6* | Forfeiture of contract. |
Delaware | 6 | Any rate. | Forfeiture of principal. | North California | 6 | 8 | Forfeiture of entire interest. |
Dist. of Columbia | 6 | 10 | Forfeiture of entire interest. | Ohio....... | 6 | 8 | For. of ex. above 6 per cent. |
Florida | ..8.. | Any rate. | 6 | Any rate. | |||
Georgia | 7 | .. .8.. | Forfeiture of excess of int. | Oregon | 8 | 10 | For. of principal and int. |
Idaho | .10.. | . .18.. | For. of 3 times excess of int. | Pennsylvania | 6 | 6 | Forfeiture of excess of int. |
Illinois | ..6. . | .. .8.. | Forfeiture of entire interest. | Quebec, Canada | 6 | Any rate. | |
Indiana | 6 | 8 | Forfeiture of excess of int. | Rhode Island | 6 | 6 | |
Lowa | 6 | 10 | Ten pr ct. on entire contract | South Carolina | 7 | . .10____ | Forfeiture of entire interest. |
Kansas | 7 | 12 | Tennessee | 6 | . .6.. | For. of ex, of int. & $100 fine. | |
Kentucky | ..6.. | .. .6 | Forfeiture of excess of int. | Texas | 8 | 12 | Forteiture of all interest. |
Louisiana | ..5.. | .. .8.. | Forfeiture of entire interest. | Utah....... | 10 | Any rate. | |
Maine | 6 | Any rate. | Vermont | 6 | 6 | Forfeiture of excess of int. | |
Mairyland | 6 | 6 | Forfeiture of excess of int. | Virginia | 6 | . .8*.. | For. of excess of 6 per cent. |
Massachusetts | ..6.. | Any rate. | Washington Ter. .. | .10.. | Any rate. | ||
Michigan | 7 | . .10.. | Forfeiture of ex. of interest. | West Virginia | 6 | 6* | Forfeiture of excess of int. |
Minnesota | 7 | ..7.. | Forfeiture of debt and int. | Wisconsin | 7 | 10 | Forfeiture of entire interest. |
Mississippi | ..6.. | . .10___ | Forfeiture of excess of int. | Wyoming | .12.. | Anv rate. | |
Missouri | 6 | ..10... | Forfeiture of entire interest. | * Except in cases defined by Statutes of the State. |
STATES AND TERRITORIES. | Assault and Slander. | Open Acc'ts. | Notes. | Judgment. | Sealed and witnessed Instruments. | STATES AND TERRITORIES. | Assault and Slander. | Open Acc'ts. | Notes. | Judgment. | Sealed and witnessed Instruments. |
Alabam | Years. | Years. | Years. | Years. | Years. | Years. | Years. | Years. | Years. | Years. | |
Arizonsa | ..1.. | 3 | ..6.. | .10., | 10 | Montana | 2 | 3 | 6 | ..6.. | 6 |
Arkanasa | ..2.. | 4 | 5 | Nebraska | 1 | 4 | 5 | 5 | 16 | ||
California | ..1.. | ..3.. | ..5.. | .10.. | 10 | Navada | 2 | 4 | 6 | 6 | ..4.. |
Colorado | ..1.. | 2 | 2-4 | ..5.. | 5 | New Hampshire | 2 | 6 | 6 | .20.. | .20.. |
Connecticut | ..1.. | ..6.. | ..6.. | ..6.. | 6 | New Jersey | 2§ | 6 | 6 | ;.20.. | 16 |
Dakota | ..1.. | ..6.. | ..6.. | .17.. | 17 | New Mexico | 2 | 3 | 10 | .10.. | ..6.. |
Delaeare | ..2.. | ..6.. | 5 | .20.. | 20 | New York | 2 | 6 | 6 | .20.. | .20.. |
District of columbia | ..3.. | ..3.. | ..6.. | 20 | 20 | North Carolina | 1† | ..3.. | .3-10. | .10.. | .10.. |
Florida | ..1.. | 3 | 12 | 12 | 12 | Ohio | 1 | 6 | 15 | .20.. | 15 |
Georia | ..2.. | ..4.. | ..5.. | .20.. | 20 | Ontario (U. Canada) | 2 | 6 | ..6.. | 10 | 10 |
Idaho | 1 | 4 | 6-20 | 7 | .20.. | Oregon | 2 | 6 | ..6.. | 5 | 15 |
Illinois | ..3.. | ..4.. | ..5.. | ..6.. | 5 | Pennsylvania | 1 | 6 | 6 | 5 | 10 |
Illinois......... | ..1.. | ..5.. | .10.. | 20 | .10.. | Quebec (L. Canada) | 1,2 | 6 | ..5.. | .30.. | 10 |
Indianas | 2 | 6 | 10 | 20 | 10 | Rhode Island | 1 | 6 | 6 | 20 | 20 |
Iowa | 2 | 5 | 10 | 20 | .10.. | South Carolina | 2 | 6 | ..6*. | .20.. | 20 |
Kansas | ..1.. | 3 | 5 | ..5.. | 15 | Tennessee | 1 | 6 | 6 | 10 | 6 |
kentucky | ..1. . | ..5.. | 15 | 15 | .15.. | Texas | 1 | 2 | ..4.. | .10.. | 4‡ |
Louisians | ..1.. | 3 | 5 | .10.. | 10 | Utah | 1 | 2 | ..4.. | ..5.. | ..4.. |
Maine | ..2.. | 6 | 20* | .20.. | .20.. | Vermont | 2 | 6 | .14*. | ..8.. | ..8.. |
Maryland | ..3.. | 3 | 3-12 | .12.. | .12.. | Virginia | 5 | ..5|. | .5-20. | .20.. | .20.. |
Massachusetts | ..2.. | 6 | 20* | .20.. | .20.. | Washingtom Territory | 2 | 3 | ..6.. | ..6.. | 6 |
Michigan | ..2.. | 6 | 6 | 10 | West Virginia | ..1.. | ..5||. | .10.. | .10-20. | .10.. | |
Minnesota | ..2.. | 6 | 6 | 10 | 6 | Wisconsin | 2 | ..6.. | ..6.. | .20.. | .20.. |
Mississippi....... | ..1.. | ..3.. | 7 | 6 | Wyoming | ..1.. | ..4.. | ..5.. | ..5.. | ..5.. | |
Missouri... | ..2.. | ..5.. | .10.. | .20§§. | .10.. | ............. |
* Promissory notes in Massachusetts, Maine, South Carolina and Vermont barred in six years, unless signed by attesting witnesses, † Slander, 6 months. § Assault, 4 years. | Store accounts, 2 years.
‡ Seals abolished. §§ In certain courts, 20 years. || Store accounts, 3 years.
Rates of Interest.
 
Continue to: