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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 the... "
A Treatise on Arithmetic ... - Σελίδα 364
των Noble Heath - 1855 - 455 σελίδες
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Reports of Cases Adjudged in the Court of Chancery of New-York ..., Τόμος 7

William Johnson - 1824
...usury, are discussed and defended by the Chancellor, in the case of Thompson v. Berry, 3 JCR395. 24. The rule for casting interest, when partial payments have been made, is to apply the payment, in the first instance, to the discharge of the interest then due. If the payment exceeds the...

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 528 σελίδες
...RULE IV. The following Rule U established for the practice of the Courts in the State of New- York. " 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...

A New and Complete System of Arithmetick: Composed for the Use of the ...

Nicolas Pike - 1832 - 528 σελίδες
...following Rule is established for the practice of the Courts in the Slate of New- York. " The Ruin for casting Interest, when partial payments have been made, is to apply the payment, in the first place, to the discha.rge of the interest then due. If the payment exceeds the...

The North American arithmetic: Part third, for advanced scholars, Μέρος 3

Frederick Emerson - 1834 - 288 σελίδες
...Reports, in a case decided by chancellor KENT, and here given in the Chancellor's own words, as follows. " 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...

A Digest of the Cases Decided and Reported in the Supreme Court of ..., Τόμος 2

William Johnson - 1837
...usury are discussed and defended by the chancellor, in the case of Thompson v. Berry, 3 JCR 395. 1069. The rule for casting interest, when partial payments have been made, is to apply the payment, in the first instance, to the discharge of the interest then due. If the payment exceeds the...

The North American Review, Τόμος 49

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839
...have been made. In the New York Chancery Reports, this rule is thus stated by Chancellor Kent ; — " 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...

The North American Review, Τόμος 49

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839
...have been made. In the New York Chancery Reports, this rule is thus stated by Chancellor Kent ; — " 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...

Higher Arithmetic: Designed for the Use of High Schools, Academies, and Colleges

George Roberts Perkings - 1841 - 252 σελίδες
...use the following rule, which was given by Chancellor KENT, in the New York Chancery Reports: RULE. " 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 exceed the in....

A treatise on the civil jurisdiction of justices of the peace in ..., Τόμος 2

Esek Cowen - 1841
...by the late Chancellor Kent, is laid down by him in nearly the same words. ' The rule' (says he) ' 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...

The North American Arithmetic: for advanced scholars. Part third

Frederick Emerson - 1842 - 288 σελίδες
...Reports, in a case decided by chancellor KENT, and here given in the Chancellor's own words, as follows. " 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...




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