| Horatio Nelson Robinson - 1860 - 432 sider
...that, I. ''The rule for casting interest when partial payments have been made, is to apply the payment, **in the first 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... | |
| James Bates Thomson - 1860 - 422 sider
...I. " The rule for casting interest, when partial payments have been made, is to apply the payment, **in the first place, to the discharge of the interest then due.** II. " If tJte payment exceeds Ike interest, the surplus goes towards discharging the principal, and... | |
| Emerson Elbridge White - 1861 - 332 sider
...the United States, and may therefore be called the TTNITED ST-A-TES RULE. ART. 104. Apply the payment **in the first place to the discharge of the interest...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... | |
| Alonzo Christopher Paige - 1864
...until paid. Lamott v. Sterett, 1 Har. * Johns. 42. The rule for casting interest, when partial payment* **have been made, is to apply the payments in the first...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... | |
| 1865
...Johnson, 1 Johns. Ch. R. 17, by Chancellor Kent, as follows : — " Apply the payment in the first placo **to the discharge of the interest then due. 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... | |
| George Roberts Perkins - 1865 - 347 sider
...RULE. " The rule for casting interest, when partial payments have been made, is to apply the payment, **in the first place, to the discharge of the interest then due. If the payment** exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| Joseph Ray - 1857 - 320 sider
...regarded THE LEGAL RULE FOR PARTIAL PAYMENTS. " When partial payments have been made, apply the payment, **in the first place, to the discharge of the interest then due. " If the payment exceeds the** Int., the surplus goes toward discharging the principal, and the subsequent Int. is to be computed... | |
| Emerson Elbridge White - 1870 - 340 sider
...States, is called the UNITED STATES RULE. When partial payments have been made, apply the payment, **in the first place, to the discharge of the interest...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... | |
| Calvin Townsend - 1871 - 587 sider
...New York, they are thus in that State : 1. When partial payments have been made, apply the payment, **in the first place, to the discharge of the interest then due.** 2. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... | |
| Joseph Ray - 1856
...balance due on settlement is found by the/ US RULE FOR/PARTIAL PAYMENTS. "Apply the payment, in fhe **first place, to the discharge of the interest then due; if the payment EXCEEDS '"the** Merest, the surplus 'goes toward dischdg'ging the principal, and the subsequent interest is to be computed... | |
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