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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.

Colvil
v.
Irvine

Date: 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.

Forbes.

*** This case is No. 6. p. 6825.. voce Indemnity.

The electronic version of the text was provided by the Scottish Council of Law Reporting     

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