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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... "
Higher Arithmetic: Designed for the Use of High Schools, Academies, and ... - Σελίδα 134
των George Roberts Perkins - 1849 - 342 σελίδες
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

Digest of the Decisions of the Supreme Court of Oregon: Vol. 72-90 ..., Τόμος 3

1919 - 832 σελίδες
...defendants.— Holtz v. Olds, 84 Or. 567, 164 Рас. 583, 1184. 5. The rule for casting interest, where partial payments have been made, is to apply the payment,...discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest...

The Northwestern Reporter, Τόμος 171

1919 - 1092 σελίδες
...payments are so made, the rule commonly known as the United States rule is generally applied. That rule 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 the subsequent interest...

The Pacific Reporter, Τόμος 216

1923 - 1210 σελίδες
...rule announced In 22 Cyc. 1564: "Where partial payments are made the rule is to apply the payments in the first place to the discharge of the interest then due." AB to the other four notes, which provided for the payment of 8 per cent, per annum from date until...

The New York Supplement, Τόμος 205

1924 - 1064 σελίδες
...payments, the rule was laid down In the case of Connecticut v. Jackson, 1 Johns. Ch. 17, In these words : 'The rule for casting interest when partial payments...discharge of the Interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest...

The Pacific Reporter, Τόμος 221

1924 - 1210 σελίδες
...sanctioned by the decisions or statutes of most of the states, and commonly known as the United States rule, 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 subsequent interest...

The Federal Reporter

1926 - 1086 σελίδες
...State of Connecticut v. Jackson, 1 Johns. Ch. (NY) 13, 7 Ann. Cas. 471. He stated the rule as follows: "The rule for casting interest, when partial payments...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest...

The Federal Reporter

1926 - 1118 σελίδες
...State of Connecticut v. Jackson, 1 Johns. Ch. (NY) 13, 7 Ann. Cas. 47L He stated the rule as follows: "The rule for casting interest, when partial payments...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest...

A Selection of Contract Cases and Related Quasi-contract Cases

Harold Canfield Havighurst - 1934 - 1140 σελίδες
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Southern Reporter, Τόμος 164

1936 - 1052 σελίδες
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The Journal, Τόμος 29

1958 - 1068 σελίδες
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