property in this Territory from execution for clerk's, laborer's or mechanic's wages.

Homestead.-A Homestead, belonging to any man or woman resident in this Territory, consisting of not more than eighty acres of land, and the dwelling-house and other improvements and appurtenances situated thereon convenient for a homestead, to be selected by the owner thereof, and not included within any incorporated city or village, or instead thereof, at the option of the owner, a quantity of land not exceeding in amount one acre, being within an incorporated city, town, or village, and the dwelling-house thereon and its appurtenances, shall not be subject to attachment or mesne process, (or levy), or sale upon execution, or any other process issuing from any court within this Territory. This section shall be construed to exempt such homestead in the manner aforesaid, during the time it shall be owned or occupied by the widow or minor child or children of any deceased person, who was, when living, entitled to the benefit of this act.

Such exemption shall not extend to any mortgage thereon, but such mortgage of said homestead or any part thereof by the owner if he be a married man, shall not be valid unless the wife join in said conveyance.

COLORADO TERRITORY-Personal.-All family pictures, schoolbooks and library; a seat or pew in any house or place of public worship; the sites of burial of the dead; all wearing apparel of the debtor and his family; all stoves and appendages, kept for the use of the debtor and his family; all cooking utensils, and all the household furniture not herein enumerated, not exceeding three hundred dollars in value; the provisions for the debtor and his family, necessary for six months, either provided or growing, or both; and fuel necessary for six months. The tools and implements, or stock in trade of any mechanic, minor, or other person, used and kept for the purpose of carrying on his trade or business, not exceeding two hundred dollars in value. The library and implements of any professional man, not exceeding three hundred dollars. Working animals to the value of two hundred dollars. One cow and calf, ten sheep, and the necessary food for all the animals herein mentioned for six months, provided or growing, or both; also one farm wagon, cart or dray, one plough, one harrow, and other farming implements, including harness and tackle for team, not exceeding fifty dollars in value; provided, that nothing in this act shall be so construed as to exempt any property of any debtor from sale for the payment of any taxes whatever, legally assessed, and no article of property above mentioned, shall be exempt from attachment, or sale on execution, for the purchase money for said article of property.

LEGAL RATES OF INTEREST.

MAINE-Legal rate, six per cent. If more be agreed to be taken only legal interest can be recovered.

NEW HAMPSHIRE.-Legal rate, six per cent. (Banks are priv ileged to receive seven and three-tenths per cent.) If more be taken, the party forfeits three times the amount unlawfully taken. VERMONT.-Legal rate, six per cent. Interest paid beyond that rate may be recovered.

MASSACHUSETTS.-Legal rate, six per cent.; but any amount shall be legal if specified in writing. When the defence of usury is established, defendant shall recover his costs, and plaintiff shall forfeit three-fold the amount of interest unlawfully taken. The party paying usurious interest may recover threefold the amount of unlawful interest paid.

RHODE ISLAND.-Legal rate, six per cent. Unless a different rate be specified.

CONNECTICUT. Any per cent. by way of interest or discount may be reserved in writing. In the absence of a written contract made in the State. six per cent. is only recoverable. On contracts made out of the State the legal rate of the State where made governs.

NEW YORK.-Legal rate, seven per cent. All contracts whereby a higher rate is reserved, are void. Corporations cannot set up the defence of usury.

NEW JERSEY.-Legal rate, seven per cent. All contracts for a higher rate are void. Persons taking a higher rate, forfeit the whole value of the contract-half to the State, and half to the prosecutor. Greater interest than allowed in place where the contract is made, cannot be recovered by action in this State.

PENNSYLVANIA.-Legal rate, six per cent. Usurious interos cannot be recovered; and if paid, may be again recovered: but usury does not render the entire contract void.

DELAWARE.-Legal rate, six per cent. Whoever takes more forfeits the whole debt-half to the State, and half to the prose

autor.

MARYLAND.-Legal rate, six per cent. In contracts where more is taken, only the excess over the legal rate is void.

VIRGINIA.-Legal rate, six per cont. Usurious contracts are vold, with the penalty of forfeiture of twice the amount of the debt

NORTH CAROLINA.-Legal rate, six per cent. All contracts for a higher rate are void, and the party exacting it is liable to a forfeiture of double the amount of the debt-half to the State, and half to the prosecutor.

SOUTH CAROLINA.-Legal rate, seven per cent. The party re serving more, forfeits the entire interest, and must pay all costs. GEORGIA-Legal rate, seven per cent. If more be reserved, the party forfeits the entire interest.

FLORIDA.-Legal rate, eight per cent., if by agreement; if no rate be specified, then six per cent. Usury laws entirely abolished.

ALABAMA.-Legal rate, eight per cent. In usurious contracts, the principal, without interest, may be recovered.

MISSISSIPPI Legal rate, six per cent., for the use of money; and upon other contracts; but contracts may be made in writing for the payment of ten per cent., but not higher.

LOUISIANA.-Legal rate, five per cent.; but parties may agree on any sum as high as eight per cent. Bank interest is six per cont. The penalty for usurious contracts is a forfeiture of the entire interest.

TEXAS.-Legal rate, where no rate is specified, eight per cent.. but parties may agree upon any rate as high as twelve per cent Where more interest is reserved, no interest can be recovered.

ARKANSAS.-Legal rate, where no rate is mentioned, six per cent.; but parties may contract for any rate not exceeding ten per cent. Usurious contracts are void.

Parties taking more, are

TENNESSEE.-Legal rate six per cent. liable to a fine of not less than the amount usuriously taken.

KENTUCKY.-Legal rate, six per cent. All contracts for a higher rate are usurious and void.

OHIO.-Legal rate, six per cent.; but parties may contract fo any rate as high as ter per cent.; if for a higher rate, the excess is void.

MICHIGAN.-Legal rate, seven per cent., with permission to agree upon any rate not higher than ten per cent., for the use of money. Contracts are not void for usury beyond the usurious excess.

INDIANA.-Legal rate, six per cent. Usurious interest cannot be recovered, and, if paid, may be regained; but usury does not rondor the entire contract void.

ILLINOIS-Legal rate, six per cent On written agreement for

loaned money, parties may agree upon any rate not exceeding ten per cent. In a suit on a note, if it be shown that it was not given for money loaned, judgment will be given for the principal sum with six per cent. interest.

MISSOURI.-Legal rate, six per cent. If plea of usury be sus tained, judgment shall be rendered for legal interest only, which interest shall be paid to the common school fund. In addition, a usurer shall, upon information to any Justice of the Peace, or Court, having jurisdiction, forfeit and pay to the common school fund the whole interest agreed to be paid."

Iowa.-Legal rate, six per cent. Parties, however, may agroc upon any rate not exceeding ten per cent. Illegal interest may be recovered.

WISCONSIN.-Legal rate, seven per cent. But parties may agree in writing upon any rate not exceeding ten per cent. If more be taken, the person paying may recover treble the amount paid, if action be commenced within one year from the date of such pay

ment.

CALIFORNIA.-Legal rate, ten per cent. But any greater rato, or compound interest, may be reserved by agreement.

MINNESOTA. Any rate of interest agreed upon by parties in contract, specifying the same in writing, is legal and valid. When no rate of interest is agreed upon, or specified in a note, or other contract, seven per centum, per annum, is the legal rate. All judgments that may be recovered in any court of this State, shall, from and after the rendition of the same, draw interest at the rate of twelve per cent. per annum.

OREGON.-Legal rate of interest, ten per cent., for money lent or money due on settlement of accounts, from the day of liquida ting the same, and ascertaining the balance.

DISTRICT OF COLUMBIA.-Legal rate of interest, six per cent Usurious contracts are void.

No

KANSAS.-Legal rate of interest, seven per cent. per annum, when no other rate of interests agreed upon. Parties to any bond, bill, promissory note or other instrument of writing for the payment or forbearance of money, may stipulate therein for interest at any rate not exceeding twelev per cent. per annum. incorporated banking institution in this State shall be entitled to receive more than the rate of interest specified in its charter, or, if no rate be specified, more than seven per cent. per annum. upon any loan or discount whatsoever.

NEBRASKA. Legal rate of interest upon the loan or forbearance of money, goods or things in action, ten per cent., unless a greater rate, not exceeding fifteen per cent, be contracted for by the parties.

UTAH.-Legal rate of interest, ten per cent. But parties may agree in writing upon any rate of interest.

WASHINGTON.-Legal rate of interest, ten per cent. per annum. Any rate of interest agreed upon by parties to a contract, specifying the same in writing, shall be valid and legal.

NEVADA.-Legal rate, ten per cent. Parties may agree, in writing, for the payment of any rate of interest whatever on money due, or to become due, on any contract. Any judgment rendered on such contract shall conform thereto, and shall bear the interest agreed upon by the parties, and which shall be specified in the judgment; provided, only the amount of the original claim or demand shall draw interest after judgment.

COLORADO.-Legal rate of interest, ten per cent. The parties to any bond, bill, promissory note, or other instrument of writing, may stipulate therein for the payment of a greater or higher rate of interest than ten per centum per annum, and any such stipulation may be enforced in any court of law or equity in the Territory.

WEST VIRGINIA.-Legal rate of interest is six per cent. Excess of interest cannot be recovered if usury is pleaded.

DAKOTA. The legal rate of interest is seven per cent. Parties may contract for eighteen per cent.

WYOMING. Any rate may be agreed upon in writing, but in the absence of express contract, interest at the rate of twelve per cent.

IDAHO.-Legal rate of interest is ten per cent.

MONTANA.—Parties may stipulate for any rate of interest. When no rate is agreed upon, ten per cent.

NEW MEXICO.-The rate of interest is any amount that may be agreed upon. Where no agreement is made, six per cent is the rate.