| James Bates Thomson - 1860 - 440 σελίδες
...I. " 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. II. " If tJte payment exceeds Ike interest, the surplus goes towards discharging the principal, and... | |
| Horatio Nelson Robinson - 1860 - 444 σελίδες
...that, I. ''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. II. " If the payment exceeds the interest the surplus goes towards discharging the principal, and the... | |
| Emerson Elbridge White - 1861 - 348 σελίδες
...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 of the interest...discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest,... | |
| Alonzo Christopher Paige - 1864 - 828 σελίδες
...Johns. 42. The rule for casting interest, when partial payment* have been made, is to apply the payments in the first place to the discharge of the interest...discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest,... | |
| Benjamin Vaughan Abbott, Austin Abbott - 1864 - 790 σελίδες
...Doolittle, 12 Id., 246 ; HUlyerz.Vaughau, 1 /. J. ManA., 68*. terest, the rule is to apply the payment, 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... | |
| 1865 - 358 σελίδες
...Johnson, 1 Johns. Ch. R. 17, by Chancellor Kent, as follows : — " Apply the payment in the first placo to the discharge of the interest then due. If the...discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payments be less than the interest,... | |
| George Roberts Perkins - 1865 - 360 σελίδες
...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 interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| Benjamin Vaughan Abbott, Austin Abbott - 1866 - 758 σελίδες
...Payments. — 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...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
| Whitman Peck - 1868 - 304 σελίδες
...is the/ace of the note. UNITED STATES RULE. When partial payments have been made, apply the payment, in the first place, to the discharge of the interest...discharging the principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment is less than the interest,... | |
| Indiana. Supreme Court, Horace E. Carter, Albert Gallatin Porter, Gordon Tanner, Benjamin Harrison, Michael Crawford Kerr, James Buckley Black, Augustus Newton Martin, Francis Marion Dice, John Worth Kern, John Lewis Griffiths, Sidney Romelee Moon, Charles Frederick Remy - 1868 - 622 σελίδες
...3 Blackf. 18, the rule of computing interest in such cases is stated to be, " to apply the payment, 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... | |
| |