 | Nicolas Pike - 1822 - 536 sider
...when partial payments hare kern mailf1, is to apply the payment, in the first place, to the dinebarge of the interest then due. If the payment exceeds the...the surplus goes towards discharging the principal, aud the subsequent interest is to be computed on the balance of principal remaining due. If the payment... | |
 | Nicolas Pike - 1822 - 562 sider
...when partial payments have iiertj made, is ID apply the payment, in the firct place, to the disrharge of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? discharging the principal . and the subsequent interest is to be computed on the balance of... | |
 | Lyman Cobb - 1832 - 228 sider
...bonds, &c. The following Rule is established for the practice of the Courtt ' in the State of New York. "The Rule for casting interest, where partial payments...the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | Nicolas Pike - 1832 - 540 sider
...established for the practice of the Courts in the Slate of New- York. " The Ruin for casting Interest, when partial payments have been made, is to apply the payment,...the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent isterest is to be computed on the balance of principal... | |
 | Lyman Cobb - 1836 - 228 sider
...&c. • » The following Rule is established far the practice of the Courts in the State of New York. "The Rule for casting interest, where partial payments...the payment exceeds the interest, the surplus goes toward discharging the principal, nnd the subsequent interest is to be compiled on the balance of principal... | |
 | William Johnson - 1837 - 678 sider
...casting interest, when partial payments have been made, is to apply the payment, in the first instance, to the discharge of the interest then due. If the payment exceeds the interest, the surplus ¡гоез towards discharging the principal ; and the subsequent interest is to be computed on the... | |
 | George Roberts Perkins - 1841 - 274 sider
...given by Chancellor KENT, in the New York Chancery Reports: RULE. " The rule for casting interest, when partial payments have been made, is to apply the payment,...discharge of the interest then due. If the payment exceed the in. lerest, the surplus goes towards discharging the principal, and the subsequent interest... | |
 | Frederick Emerson - 1846 - 318 sider
...KENT, and here given in the Chancellor's own words, as follows. " The rule for casting interest, when partial payments have been made, is to apply the payment,...then due. If the payment exceeds the interest, the surplus^goes towards discharging the principal, and the subsequent interest is to be computed on the... | |
 | George Roberts Perkins - 1846 - 266 sider
...given by CHANCKLLOR KENT, in the NewYork Chancery Report : RULE. " The rule fur casting interest, when partial payments have bee.n made., is to apply the...discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
 | James Bates Thomson - 1846 - 354 sider
...the Supreme Court of the United States, is the following. I. " The rule for easting interest, when partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... | |
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If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus... 
