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Bøker Bok 7176 av 76If the payment be less than the interest, the surplus of interest must not be taken...
" If the payment be less than the interest, the surplus of interest must not be taken to augment the principal ; but interest... "
A Treatise on Arithmetic ... - Side 364
av Noble Heath - 1855 - 455 sider
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The Northwestern Reporter, Volum 171

1919
...rule commonly known as the United States rule is generally applied. That rule is to 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...
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Digest of the Decisions of the Supreme Court of Oregon: Vol. 72-90 ..., Volum 3

1919
...1184. 5. The rule for casting interest, where partial payments have been made, is to 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 a balance of principal...
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The Pacific Reporter, Volum 216

1923
...applied first on Interest due and remainder OB principal. Where partial payments are made, the rule is to apply the payments in the first place to the discharge of the interest then due and the remainder on the principal. 4. Interest <e=»23— Method of figurine after maturity Interest,...
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Reports of Cases Decided in the Supreme Court of the State of ..., Volum 41

North Dakota. Supreme Court, Edgar Whittlesey Camp, Robert Dimon Hoskins, John McDowell Cochrane, Joseph Coghlan, Robert Milligan Carothers, Ames Francis Wilbur, Hiram A. Libby, Edwin James Taylor - 1921
...rule commonly known as the United States rule is generally applied. That rule is to 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...
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Reports of Cases Argued and Decided in the Supreme Court of the ..., Bok 10

United States. Supreme Court - 1883
...rule for casting interest, when partial payments have been made, is to apply the payment, in theflrst place, to the discharge of the interest then due. If the payment exceeds1 the interest, the surplus goes towards discharging the principal, and the subsequent interest...
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Practical Arithmetic, by Induction and Analysis, Bok 3

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...
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