 | Peter Duff - 1868 - 416 σελίδες
...is the principle upon which Morris' Account Current is settled. (Page 114.) II. THE LEGAL RULE. — Compute the interest on the principal to the time of the first payment, or such payments as, taken together, exceed the interest then due. From the amount of the principal... | |
 | John Fair Stoddard - 1868 - 428 σελίδες
...made, the Supreme Court of the US has adopted the following : UNITED STATES EULE. 1. Find the amount of the principal to the time of the first payment ; and, if the payment exceeds the interest, subtract it from the amount: the remainder forms a new principal. 2. If any payment... | |
 | John Fair Stoddard - 1888 - 480 σελίδες
...made, the Supreme Court of the US has adopted the following : UNITED STATES RULE. 1. Find the amount of the principal to the time of the, first payment ; and, if the payment exceeds the interest, subtract it from the amount: the remainder forms a new principal. 2. If any payment... | |
 | Charles Davies - 1869 - 492 σελίδες
...bond. 281. We shall now give the rule established in New York (see Johnson's Chancery Reports, vO!, i., page 17,) for computing the interest on a bond...on the principal to the time of the first payment ; if the payment equals or exceeds this interest, add the interest to the principal, and from the sum... | |
 | Charles Davies - 1869 - 348 σελίδες
...payment of a part of a note or bond. We shall give the rule established in New York (see Johnson's Chancery Reports, vol. i. page 17), for computing...interest on a bond or note, when partial payments have bsen made. The same rule is also adopted in Massachusetts, and in most of the other states. 256 How... | |
 | 1869 - 480 σελίδες
...interest on which partial payments have, at different times, been made. Some calculate the interest to the time of the first payment, and if the payment exceed the interest, deduct the excess from the principal ; then to the time of the second payment, etc. Others... | |
 | T. A. Bryce - 1873 - 370 σελίδες
...$297.70, CONNECTICUT KULE. The Supreme Court of the State of Connecticut has adopted the following RULE. Compute the interest on the principal to the time of the first payment ; if that be one year or more from the time the interest commenced^ add it to the principal, and deduct... | |
 | Lorenzo Fairbanks - 1875 - 472 σελίδες
...by the courts in most of the States, and is, therefore, known as the UNITED STATES RULE. I. Compuie the interest on the principal to the time of the first payment, and if this payment exceed the interest then due, add the interest to the principal, and from the sum subtract... | |
 | Charles Davies - 1876 - 546 σελίδες
...indorsed on the note or bond. 281. We shall now give the rule established in New York (see Johnson's Chancery Reports, vol. i., page 17,) for computing...payments have been made. The same rule is also adopted in Massachu setts, and in most of the other States. Rule. I. Compute the interest on the principal to... | |
 | Samuel G. Beatty - 1877 - 308 σελίδες
...the following rule has been sanctioned by a number of decisions both in law and equity : RlTLE. — I. Compute the interest on the principal to the time of the first payment, and if this pnymcnt exceed the interest then due, add the Merest to the principal, andfrom the svm subtract... | |
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We shall now give the rule established in New York (see Johnson's Chancery Reports, vol. i., page 17,) for computing the interest on a bond or note, when partial payments have been made. The same rule is also adopted in Massachusetts, and in most of the... 
