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You are here: BAILII >> Databases >> Scottish Court of Session Decisions >> Colvil v Irvine. [1709] Mor 16420 (26 January 1709) URL: http://www.bailii.org/scot/cases/ScotCS/1709/Mor3716420-025.html Cite as: [1709] Mor 16420 |
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[1709] Mor 16420
Subject_1 USURY.
Date: Colvil
v.
Irvine
26 January 1709
Case No.No. 25.
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A bond for a perpetual annuity above the legal annual-rent, redeemable by the debtor on payment of the principal sum and by-gone annuities resting at the time was found to be usurious, although the principal sum was sunk quoad the creditor, who could not charge for payment thereof upon the bond.
*** This case is No. 6. p. 6825.. voce Indemnity.
The electronic version of the text was provided by the Scottish Council of Law Reporting