| Nicolas Pike - 1822 - 532 sider
...disrharge of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? **discharging the principal . and the subsequent interest...principal remaining due. If the payment be less than** tin- interest, the surplus of interest must not be taken to augment the principal; but interest continues... | |
| Murray Hoffman - 1824 - 437 sider
...applied in discharge of the interest then due. If tho payment exceeds the interest, the surplus goei **towards discharging the principal, and the subsequent...interest is to be computed on the balance of principal** due. If the payment be IB-IS than the interest, the surplus interest. must not be taken to augment... | |
| Nicolas Pike - 1832 - 528 sider
...the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward **discharging the principal, and the subsequent interest...principal remaining due. If the payment be less than the** imprest, the surplus of interest must not betaken to augment the principal; but interest continues... | |
| George Willson - 1836 - 192 sider
...Kent, of the state of New-York. According to this decision, the method of casting interest is, to " **apply the payment in the first place to the discharge...principal, and the subsequent interest is to be computed** nn the balance of principal remaining due. If the payment be less than the interest, the surplus of... | |
| Peirpont Edward Bates Botham - 1837 - 238 sider
...New York: RULE : — " The Rule for casting Interest, where partial payments have been made, is to **apply the payment, in the first place, to the discharge...balance of principal remaining due. If the payment be** lesa than the Int., the surplus of interest must not be taken ti augment the principal, but interest... | |
| William Johnson - 1837
...the discharge of the interest then due. If the payment exceeds the interest, the surplus ¡гоез **towards discharging the principal ; and the subsequent...principal remaining •due. If the payment be less** [ »285 ; than the interest, the surplus interest must not be added to the principal ; but the interest... | |
| George Willson - 1838 - 192 sider
...Kent, of the state of New- York. According to this decision, the method of casting interest is, to " **apply the payment in the first place to the discharge...principal, and the subsequent interest is to be computed** fin the balance of principal remaining due. If the payment be less than the interest, the surplus of... | |
| Richard W. Green - 1840 - 288 sider
...adopted by Chancellor Kent, of New York. It is as follows : RULE For casting interest, when partial **payments have been made. Apply the payment, in the...computed on the balance of principal remaining due.** But, if the payment be less than the interest, the interest must continue on the former principal,... | |
| Esek Cowen - 1841
...same words. ' The rule' (says he) ' for casting interest, when partial payments have been made, is to **apply the payment, in the first place, to the discharge...balance of principal remaining due. If the payment be** (o) 7 Wen. 109,112. 11 id. 477. 20 (r) 1 RS 761, §9, 10;andvid. id. 51. ant«, 194, 262, 3. (p) 2... | |
| W. F. Walker - 1841 - 231 sider
...Kent, of the state of New- York. According to this decision, the method of casting interest is, to **"apply the payment in the first place to the discharge...principal, and the subsequent interest is to be computed on** th& balance of principal remaining due. If the payment be less than the interest, the surplus of interest... | |
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