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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... "
Cases Argued and Adjudged in the Supreme Court of Florida - Σελίδα 443
των Florida. Supreme Court - 1848
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Cobb's Explanatory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - 1832 - 228 σελίδες
...' in the State of New York. "The Rule for casting interest, where 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 toward discharging the principal, and...

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

Nicolas Pike - 1832 - 544 σελίδες
...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 interest, the surplus goes toward discharging the principal, and...

A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1832 - 282 σελίδες
...State of New York : RULE I. — "The Rule for casting Interest, where 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,...

The North American Arithmetic: Part Third, for Advanced Scholars, Τόμος 3

Frederick Emerson - 1834 - 300 σελίδες
...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 interest, the surplus goes towards discharging the principal,...

Every Man His Own Teacher: Being an Introduction to Arithmetic, Whereby ...

John Preston - 1834 - 312 σελίδες
...Chancery Reports: of New York, Vol. 1 p. 17. CONNECTICUT v. JACKSON. When part payments have been made, 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,...

A Practical and Theoretical System of Arithmetic...: Also, a Treatise on ...

George Willson - 1836 - 202 σελίδες
...decision of Chancellor Kent, of the state of New-York. According to this decision, the method of casting interest 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,...

Reports of Cases Argued and Determined in the Supreme Court of Judicature of ...

Indiana. Supreme Court, Isaac Newton Blackford - 1836 - 550 σελίδες
...Chancellor Kent on this subject: — "The rule for casting interest, where 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,...

Cobb's Explantory Arithmetick, Number Two: Containing the Compound Rules ...

Lyman Cobb - 1836 - 228 σελίδες
...Courts in the State of New York. "The Rule for casting interest, where 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 toward discharging the principal, nnd...

The Common School Arithmetic ...: To which is Added a Dictionary of ...

Peirpont Edward Bates Botham - 1837 - 252 σελίδες
...State of New York: RULE : — " The Rule for casting Interest, where 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,...

A Practical and Theoretical System of Arithmetic: Containing a New System of ...

George Willson - 1838 - 194 σελίδες
...decision of Chancellor Kent, of the state of New- York. According to this decision, the method of casting interest 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,...




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