| Theodore Sedgwick - 1912 - 3400 sider
...that laid down in the leading case of Connecticut v. Jackson; 484 in which Chancellor Kent said that **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... | |
| William Mark McKinney - 1917
...sanctioned by the decisions or statutes of most of the states, and commonly known as the United States rule, **is to apply the payment, in the first place, to the...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 York (State) - 1917
...rule for the computation of partial payments was enunciated in an early case as follows: "The rule of **casting interest, when partial payments have been...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... | |
| Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Frank A. Turner, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Bellinger, Charles Byron - 1917
...rule. 2. The formula prescribed by Chancellor Kent reads thus: "The rule for casting interest, where **partial payments have been made, is to apply the payment,...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... | |
| William Mark McKinney, Burdett Alberto Rich - 1918
...Payments; Account Due. — In applying partial payments to an interest bearing debt which is due, the rule **is to apply the payment, in the first place, to the discharge of the interest then** due.3 If the payment exceeds the interest, the surplus goes toward discharging the principal,* and... | |
| 1919
...defendants.— Holtz v. Olds, 84 Or. 567, 164 Рас. 583, 1184. 5. The rule for casting interest, where **partial payments have been made, is to apply the payment,...then due. If the payment exceeds the interest, the** surplus goes toward discharging the principal, and the subsequent interest is to be computed on a balance... | |
| 1919
...payments are so made, the rule commonly known as the United States rule is generally applied. That rule **is to apply the payment, in the first place, to the...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... | |
| 1923
...rule announced In 22 Cyc. 1564: "Where partial payments are made the rule is to apply the payments **in the first place to the discharge of the interest then due."** AB to the other four notes, which provided for the payment of 8 per cent, per annum from date until... | |
| 1924
...applied was settled nearly 100 years ago, in Connecticut v. Jackson, 1 Johns. Ch. 17. 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... | |
| 1924
...sanctioned by the decisions or statutes of most of the states, and commonly known as the United States rule, **is to apply the payment, in the first place, to the...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... | |
| |