Chap. 335.—An ACT toamend and re-enact section 2823 of chapter 150 of the code
of Virginia, as amended by an act approved January 23, 1806, In relation to In-
terest.

Approved February 14, 1898,

1. Be it enacted by the general assembly of Virginia, That section two
thousand eight hundred and twenty-three of chapter one hundred and
thirty of the code of Virginia, as amended by an act approved January
twenty-third, cighteen hundred and ninety-six, be amended and _re-
enacted so as to read as follows:

§ 2823. Excess over legal interest may be recovered back.—If an
excess beyond the lawful interest. be paid in any case the person paying
the same may, ina suit brought within one year thereafter, recover it
from the person with whom the contract was made or to whom the
assurance was given; and it may be so recovered from such person,
notwithstanding the pay ment of the excess be made to his endorsee or
assignee ; but where a bank or private individual has loaned money at a
gre ater rate of interest than six per centum per annum, and permits the
maker of the note bond, or other evidence of debt, to renew the same at the
rate of six per centum per annum, the maker and endorsers shall be
barred from the plea of usury, alter twelve months from date of renewal.

2. This act shall be in force from its passage.