Usary Act 1235

PROVISIONES DE MERTON. Statutes made at Merton in Crastino Sancti Vincentii (scil. 23. Jan.) Anno 20 HEN. III. and Ann. Dom. 1235.

Usury Act 1235

1235 (20 Hen. 3) C A P. V.

IT was provided in the Court of our Lord the King, holden at Merton on Wednesday the morrow after the Feast of St. Vincent, the 20th Year of the Reign of King HENRY the Son of King JOHN, before William * Archbishop of Canterbury, and other his Bishops and Suffragans, and before the greater part of the Earls and Barons of England, there being assembled for the Coronation of the said King, and Hellianor the Queen, about which they were all called, where it was treated for the Commonwealth of the Realm upon the Articles underwritten, thus it was provided and granted, as well of the foresaid Archbishops, Bishops, Earls, and Barons, as of the King himself and others."

Usury shall not run against any within Age.

Likewise it is provided and granted by the King, that from henceforth Usuries shall not run against any being within Age, from the time of the Death of his Ancestor (whose Heir he is) unto his lawful Age; so nevertheless, that the Payment of the principal Debt, with the Usury that was before theDeath of his Ancestor (whose Heir he is) shall not remain.' '' Co. Lit. 246. b. 2 Inst. 88 1 Roll. 151. Repealed by 37 H. 8. c. 9.''

Note : this act is listed in the Chronological Table of Statutes as the Usury Act, 1235