| Joseph Ray - 1857 - 348 σελίδες
...U. States, is regarded THE LEGAL RULE FOR PARTIAL PAYMENTS. li When partial payments have been made, apply the payment, in the first place, to the discharge...the interest then due. " If the payment exceeds the Int., the surplus goes toward discharging the principal, and the subsequent Int. is to he computed... | |
| Silas Lawrence Loomis - 1859 - 324 σελίδες
...SUPREME COURT OF THE UNITED STATES, AND OF THE STATES GENERALLY. I. " The rule for casting interest, when partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due." II. "If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... | |
| David Price Belknap - 1860 - 778 σελίδες
...rule for computing interest is prescribed in the case of Bacchus v. Minor, 3 Cal., 231, as follows: The rule for casting interest where partial payments...the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of the principal remaining. If the payment... | |
| James De Fremery - 1860 - 118 σελίδες
...Admin., October T. 1859; Macoleta v. Packard, Admin., October T., 1859. b It may be here stated that the rule for casting interest, where partial payments...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
| James Bates Thomson - 1860 - 440 σελίδες
...the Supreme Court of the United States, is the following. I. " The rule for casting interest, when partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due. II. " If tJte payment exceeds Ike interest, the surplus goes towards discharging the principal, and... | |
| Horatio Nelson Robinson - 1860 - 444 σελίδες
...made, the Supreme Court of the United States has decided that, I. ''The rule for casting interest when partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due. II. " If the payment exceeds the interest the surplus goes towards discharging the principal, and the... | |
| Iowa. Supreme Court - 1860 - 688 σελίδες
...John. Ch. 13 ; and is this : " When partial payments have been made, such payments are to be applied, in the first place, to- the discharge of the interest...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
| Emerson Elbridge White - 1861 - 348 σελίδες
...Supreme Court of the United States, and may therefore be called the TTNITED ST-A-TES RULE. ART. 104. Apply the payment in the first place to the discharge...the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment... | |
| Benjamin Vaughan Abbott, Austin Abbott - 1864 - 808 σελίδες
...be computed, a year is intended. 1 Rev. Stai., 773, § 10. 137. The rule for casting interest, when partial payments have been made, is to apply the payment,...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
| Benjamin Vaughan Abbott, Austin Abbott - 1864 - 790 σελίδες
...Vt., 26 ; Robinson t>. Doolittle, 12 Id., 246 ; HUlyerz.Vaughau, 1 /. J. ManA., 68*. terest, the rule is to apply the payment, in the first place, to the...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
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