Robert Cooper Grier

“ The statute of Indiana declares, that 'the rate of interest upon the loan or for the forbearance of any money, &c., shall be at the rate of six' per cent.; but 'if a greater rate of interest shall be contracted for, received, or reserved, the contract shall not, therefore, be void;' 'the plaintiff shall recover only his principal, without interest,' and the 'defendant shall recover costs.'
To constitute usury, there must either be a loan and a taking of usurious interest, or the taking of more than legal interest for the forbearance of a debt or sum of money due. ”

“ In the spring of 1855 they made arrangements to take possession of these lands, with their tenants, stock, farming utensils, &c., &c. Ruffner then refused to let them have possession. Finding they could not obtain possession without great and ruinous delay, a proposition was made to sell or release all their interest in the lands of the firm, if Ruffner would pay in cash the amount of money advanced by them. ”

“ If the last notes were usurious, it is difficult to see how the first could be free from the taint. It would seem upon principle that each note of the series must be infected with its share of the poison, and so are all the authorities. ”