| George Roberts Perkins - 1865 - 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... | |
| 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... | |
| Benjamin Vaughan Abbott, Austin Abbott - 1866 - 702 sider
...fifty or more cents, and to disregard the cents when there are less than fifty. Partial Payments. — **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... | |
| John Groesbeck - 1867 - 216 sider
...Massachusetts. and most of the other States of the Union, and is called THE UNITED STATES RULE. I. **The rule for casting interest when partial payments...the first place, to the discharge of the interest** due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and... | |
| JOHN GROESBECK, - 1868
...Massachusetts, and most of the other States of the Union, and is called THE UNITED STATES RULE. I. **The rule for casting interest when partial payments...the first place, to the discharge of the interest** due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and... | |
| Indiana. Supreme Court, Horace E. Carter, Albert Gallatin Porter, Gordon Tanner, Benjamin Harrison, Michael Crawford Kerr, James Buckley Black, Augustus Newton Martin, Francis Marion Dice, John Worth Kern, John Lewis Griffiths, Sidney Romelee Moon, Charles Frederick Remy - 1868
...them. In Wasson v. Gould, 3 Blackf. 18, the rule of computing interest in such cases is stated to be, " **to apply the payment, in the first place, to the discharge...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. " 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 be computed... | |
| George Roberts Perkins - 1869 - 347 sider
...Court of the United States is as follows : RULE. " The rule for casting interest, when partial payment! **have been made, is to apply the payment, in the first...discharge of the interest then due. If the payment** exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| 1870 - 850 sider
...interest, on which have been made partial payments after maturity, the proper method of computing interest, **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... | |
| Emerson Elbridge White - 1870 - 340 sider
...Court of the United States, is called the UNITED STATES RULE. 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... | |
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