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Cite as: [1681] Mor 16415

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[1681] Mor 16415      
Subject_1 USURY.

Sparrow
 v.
Moncrief

 1681. July.
Case No. No. 19.

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Samuel Moncrief having taken a bond of borrowed money, bearing annual-rent, from Captain Sparrow, for a sum far exceeding what was truly lent; and the bond being questioned as exorbitant, the Lords restricted it to the sum truly lent, and interest at 6 per cent.; although it was here pleaded, that the money being lent in order to merchandise, and so employed, Moncrief might have made much more profit than the interest at 6 per cent., and the borrower did actually make more profit by the same.

 Harcarse, No. 1002. p. 283.

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

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