 | Abraham Clark Freeman - 1903 - 1132 sider
...Computing Interest.— As to the method of computing interest, it is stated by Chancellor Kent to be as follows: "The rule for casting interest when partial...the payment, in the first place, to the discharge of tho interest then due. If the payment exceeds the interest, the surplus goes toward discharging the... | |
 | Abraham Clark Freeman - 1903 - 1144 sider
...Chancellor Kent to be as follows: "The rule for casting interest when partial payments have been made, U to apply the payment, in the first place, to the discharge...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... | |
 | Joseph Ray - 1903 - 366 sider
...Chancellor Kent with reference to partial payments, is as follows : " When partial payments have been made, apply the payment, in the first place, to the discharge...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... | |
 | Edward Voigt, Charles Voigt - 1904 - 836 sider
...therewith." It is the law in Wisconsin that "when partial payments have been made, the payment is to apply in the first place to the discharge of the interest...then due. If the payment exceeds the interest, the surplus goes toward the discharge of the principal, and the subsequent interest is to be computed on... | |
 | 1905 - 168 sider
...by... 2 9 per cent divide by 4 20 per cent divide by... 18 The rule for casting interest, when the 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... | |
 | Wayland Everett Benjamin - 1906 - 602 sider
...nearly a hundred years ago in Connecticut v. Jackson, 1 Johns. Ch. 17, 7 Am. Dec. 471. It was stated as follows: "The rule for casting interest when partial...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... | |
 | 1906 - 1266 sider
...known as the Massachusetts or United States rule, which was correctly announced by Chancellor Kent as follows: "The rule for castIng interest when partial...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... | |
 | New Mexico. Supreme Court, John Abbott, Paul A. F. Walter - 1908 - 656 sider
...(Tenn.) 238; Margarity v. Shipman. 82 Va., 784. Jones-Downes Co. v. Chandler. RM TURNER, for appellee. The rule for casting interest, when partial payments...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 Soulé - 1910 - 1042 sider
...the United States, as also by several other States, is hence termed tbe United States System. I.— The rule for casting interest when partial payments have been made, is to apply the payment, in tbe first place, to the discharge of the interest due. II. — If the payment exceeds the interest,... | |
 | United States. Supreme Court - 1911 - 1132 sider
...sufficient, see note to Moore v. Bank of Metropolis, ante, 172. Interest, the rule of calculation of. The rule for casting Interest, when partial payments...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... | |
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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 exceeds the interest, the surplus goes towards discharging the principal, and... 
