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Scottish Court of Session Decisions >>
Sparrow v Moncrief. [1681] Mor 16415 (00 July 1681)
URL: http://www.bailii.org/scot/cases/ScotCS/1681/Mor3716415-019.html Cite as:
[1681] Mor 16415
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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.
