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McCOLLUM v. HAMILTON NAT. BANK

No. 342.

303 U.S. 245 (1938)

McCOLLUM, TRUSTEE IN BANKRUPTCY, v. HAMILTON NATIONAL BANK.

Supreme Court of United States.

Decided February 28, 1938.

Attorney(s) appearing for the Case

Messrs. Joseph W. Thompson and Joseph B. Roberts for petitioner.

Mr. C.W.K. Meacham, with whom Mr. J.B. Sizer was on the brief, for respondent.

MR. JUSTICE BUTLER delivered the opinion of the Court.

Section 5197, Revised Statutes,1 governs the rates of interest to be taken by national banking associations and § 51982 declares that the receiving of a rate of interest greater than that allowed, when knowingly done, shall be deemed a forfeiture of the entire interest and provides that, in case a greater...

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