 | John Groesbeck - 1871 - 370 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 Innes Clark Hare - 1871 - 952 sider
...payments have been made," said Chancellor Kent, in Connecticut v. Jackson, I Johnson's Chancery, 13, 17, " 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... | |
 | Calvin Townsend - 1871 - 620 sider
...Chancellor Kent, of New York, they are thus in that State : 1. When partial payments have been made, apply the payment, in the first place, to the discharge of the interest then due. 2. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... | |
 | John Groesbeck - 1872 - 374 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... | |
 | Shelton Palmer Sanford - 1872 - 404 sider
...adopted a method founded on a decision of tha Supreme Court of the United States. UNITED STATES RULE. I. "The rule for casting interest when partial payments...the payment, in the first place, to the discharge of tJie interest then due. II. ulf tJie payment exceeds the interest, the surplus goes toward discharging... | |
 | T. A. Bryce - 1873 - 370 sider
...Court of the United States, for casting interest upon bonds, notes, or other obligations, upon wMch 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... | |
 | Joseph Ray - 1856 - 400 sider
...balance due on settlement is found by the/ US RULE FOR/PARTIAL PAYMENTS. "Apply the payment, in fhe first place, to the discharge of the interest then due; if the payment EXCEEDS '"the Merest, the surplus 'goes toward dischdg'ging the principal, and the subsequent interest is to be computed... | |
 | William Johnson - 1873 - 550 sider
...Rom. lib. 22. tit. 1. 6.) The rule for casting interest, when partial payments have Rule for castbeen made, is to apply the payment, in the first place, to the ™Jj[e,e ""artial discharge of the interest then due. If the payment exceeds payments are the interest,... | |
 | Horatio Nelson Robinson - 1875 - 468 sider
...where partial payments have been made, the Supreme Court of the United States has decided that, I. " The rule for casting interest when partial payments...place, to the discharge of the interest then due. II. " If the payment exceeds the interest the surplus goes towards dischargibg the principal, and the... | |
 | Thomas Foster Withrow, Edward Holcomb Stiles - 1875 - 724 sider
...Gr. 76. 8. In computing interest, when partial payments have been made, such payments are applied, in the first place, 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 should 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... 
