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Show j i iiy W. U. Tclecraph.) SEW TURK VSCRT LAWS. 'ew York. 24. If the bill to recu-late recu-late interest acd prevent usury, passed by the senate yesterday, should become law, it would be still iiiegai to take more than seven per cent, interest. The penalty for taking more is reduced re-duced to a forfeiture of the interest, leaving the lecdjr the interest intaot. No person but the borrower can bring suit for the recovery of excess of interest, inter-est, and no suit can be brought unless commenced within six months alter the time for which the money was borrower borrow-er has expired. |