| George Roberts Perkins - 1855 - 347 sider
...indorsements,* the rule adopted by the Supreme Court of the United States is as follows : ' RULE. " **The rule for casting interest, when partial payments...discharge of the interest then due. If the payment** exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| Noble Heath - 1855 - 455 sider
...following is the legal one, as stated in the NY Chancery Reports, (see Emerson's Third Part, page 104 :) **"The rule for casting interest, when partial payments have been made, is to apply the** payments, in the first place, to the discharge of the interest then due. If the payment exceeds the... | |
| James Bates Thomson - 1855 - 422 sider
...United States, is the following. ' L " The rule for casting interest, when partial payments have teen **made, is to apply the payment, in the first place, to the** dis • charge of the interest then due. ' If. " If the payment exceeds the interest, the surplus goes... | |
| James Robinson - 1856 - 93 sider
...is given in the language of Chancellor Kent of New York. " The rule for computing interest on notes, **when partial payments have been made, is to apply...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... | |
| Noble Heath - 1856 - 455 sider
...•' The rule for casting interest, when partial payments have been wade, is to apply the payments, **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 the subsequent interest is to be computed on the... | |
| John Fair Stoddard - 1856 - 292 sider
...interest on notes, and other obligations, where partial payments have been made, is as follows : — " **Apply the payment, in the first place, to the discharge of the interest then due. If the payment** exceed the interest, tht surplus goes towards discharging the principal, and the subsequent interest... | |
| Pliny Earle Chase - 1857 - 319 sider
...given in the Key, or study carefully the Court rule, which is thus expressed by Chancellor Kent: — " **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... | |
| Daniel Leach - 1857
...have been endorsed on them : - — RULE. " The rule for casting interest, when partial payments /iave **been made, is to apply the payment, in the first place,...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... | |
| Joseph Ray - 1857 - 336 sider
...U. States, is regarded THE LEGAL RULE FOR PARTIAL PAYMENTS. li When partial payments have been made, **apply the payment, in the first place, to the discharge...the interest then due. " If the payment exceeds the** Int., the surplus goes toward discharging the principal, and the subsequent Int. is to he computed... | |
| William H. R. Wood - 1857 - 820 sider
...interest at the statute rate, or ten per cent. per annum. Id. 5. " The rule for casting interest where **.D. Valentine & Son** digeharge of the interest then due; if the payment exceeds the interest, the surplus goes towards discharging... | |
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