| John Groesbeck - 1871 - 344 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, Horace Binney Wallace - 1871
...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 - 587 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
...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 P. Sanford - 1872 - 373 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
...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
...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, New York (State). Court of Chancery - 1873
...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 - 456 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
...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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