428 ORDINANCE No. 11 of 1858 .
Pawnbrokers , &c.— Offences.
Interest on loans. 8. Over and above the principal monies lent upon any goods or chattels, pawned or
pledged with the lender, he may demand, receive, and take from the person applying to
redeem the said goods or chattels, before re-delivering the same to such person, interest
upon the said principal monies for the month, and every fractional part of a month, after
such rate as shall have been agreed upon at the time of the making of the said loan ;
which said principal monies and interest shall be taken in full satisfaction of all charges
for or incident to the loan to which the same relate ; yet so as that the first month's
interest shall be deemed to be due on the first day of the first month, unless redemption
be applied for within the first three days thereof.
No further pro 9. Every such loan shall be bonâ fide made without deduction out of the amount
fit to be made.
expressed to be lent, and no profit or interest over and above the rate aforesaid shall be
on any pretext received or demanded .
A General Book 10. Before any monies shall be advanced on any such loan as aforesaid , the lender
to be kept, and
entries made, thereof shall enter or cause to be entered in a book, to be by him kept for that purpose,
and numbered.
and to be called " The General Book, " a fair, true, and regular statement of the nature
and description, and also of the actual condition, of the goods or chattels upon which the
said loan shall be made, and of the exact amount in value of the said loan, and of the
T
exact rate of interest thereon, and of the name, description, and abode of the borrower,
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and of the number (if any) of the place and the name (if any ) of the street of such his
abode (distinguishing him, if the occupier of his place of abode by the Chinese characters
and by the English letter O, and if only an inmate thereof by the Chinese
characters and by the English letter I) ; and also of the like particulars
(distinguished in like manuer) of the name, description, and abode of such other person
(if any) as the said borrower shall represent to the said lender to be the true owner of the
said goods and chattels ; and lastly, of the day of the English month and year upon
which the said loan shall be made : yet so as that, before any of the said entries shall be
made in the said book, the said lender shall to the best of his ability ascertain from the
said borrower the truth thereof respectively : And every loan, the particulars whereof
shall have been so entered as aforesaid , shall be numbered in the said book from number
one progressively to the end of the month as they are received in pawn : exempli gratiâ,
the first pledge that is received in pawn after the commencement of this Ordinance shall
be numbered one the second two and so on progressively until the end of the now
instant mouth of July ; and the first pledge that is received in pawn in the month of August
next, shall be in like manner numbered one and the second two and so on progressively
until the end of that month : And the like regulation shall be observed in every succeed
ing month for ever after.
A supplemental 11. If any of the said goods and chattels shall consist of articles, not of Chinese
book to be kept
for articles not manufacture, and not especially adapted for Chinese use, the said lender shall, immediately
of Chinese manu
facture or use.
before or immediately after entering such particulars as aforesaid in the said General
Book , make a second and separate entry of the same tenor in another book, to be kept by
him for that purpose, and to be called " The Supplemental Book."