 | James Hamblin Smith, Thomas Kirkland - 1877 - 376 σελίδες
...the note or bond. To compute the interest on such a note proceed according to the following rule : Compute the interest on the principal to the time of the first payment, and if this payment exceed the interest then due add tlie interest to the principal, and from the sum take... | |
 | Stoddard A. Felter, Samuel Ashbel Farrand - 1877 - 496 σελίδες
...United Slates Supremo Court, and is adopted by all Ilio Slates, excepting New Hampshire and Connecticut. RULE. — I. Compute the interest 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 subtract the... | |
 | Charles Scott Venable - 1888 - 402 σελίδες
...payments written on the back of the note, or other written obligation. 811. United stales Rule. — 1. Compute the interest on the principal to the time of the first payment, and, if this payment equals or exceeds the interest then due, add the interest to the principal, and from the... | |
 | William Estabrook Chancellor - 1902 - 184 σελίδες
...part of the amount due on a note or other written obligation bearing interest. UNITED STATES RULE Find the interest on the principal to the time of the first payment ; when the payment equals or exceeds this interest, add the interest to the principal, and subtract... | |
 | George Soulé - 1910 - 1042 σελίδες
...SYSTEM. 1190. The Connecticut System, according to the Supreme Court of Connecticut, is as follows : 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... | |
 | Stoddard A. Felter - 1868 - 368 σελίδες
...United States, and by all the States of the Union, with the exception of Connecticut and New Hampshire. Rule. — I. Compute the interest 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 subtract the... | |
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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... 
