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Williamsport National Bank v. Knapp, Statutes, brought in the circuit court of the United States for the Western district of Pennsylvania, against a national banking association established within that listrict, to recover twice the amount of interest, at the rate of 9 per cent, received by the defendant upon the discount of certain promissory notes Section 5197 prohibits any such association from receiving upon such a discount a higher rate of interest than is allowed by the laws of the state in which the bank is established, except that where, by the laws of the state, 'a different rate is limited for banks of issue organized under state laws,' the rate so limited is allowed The answer denied that the defendant owed the sums demanded, or had violated any prov sion of the national banking act .
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