 | 1896 - 1182 σελίδες
...opinion of Chancellor Kent In the case of Connecticut v. Jackson, 1 Johns. Ch. 13, and Is as follows: "The rule for casting interest when partial payments...to the discharge of the interest then due. If the payments exceed the interest, the surplus goes towards discharging the principal, and the subsequent... | |
 | William Seneca Sutton - 1896 - 342 σελίδες
...the amount then paid. 264. The following, in the words of its author, is the UNITED STATES BULE. 1. " The rule for casting interest when partial payments...place, to the discharge of the interest then due. 2. . " If the payment exceeds the interest, the surplus goes toward discharging the principal, and... | |
 | James Schouler - 1896 - 848 σελίδες
...well-known rule of Chancellor Kent, which the courts of this country have commonly recognized : namely, to apply the payment in the first place to the discharge of the interest then due ; if the payment exceeds the interest, to carry the surplus towards discharging the principal, and compute the subsequent... | |
 | Abraham Clark Freeman - 1897 - 1008 σελίδες
...Chancellor Kent in the case of Connecticut v. Jackson, 1 Johns. Ch. 13, 7 Am. Dec. 471, and is 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 toward discharging the principal, and the subsequent interest... | |
 | Abraham Clark Freeman - 1897 - 1006 σελίδες
...for computing interest. Hence, when partial payments have Ijeen made, the rule for casting interest 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... | |
 | Eugene L. Dubbs - 1901 - 462 σελίδες
...and by almost all the states of the Union. UNITED STATES RULE When partial payments have been made, 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... | |
 | John Williston Cook, Nebraska C. Cropsey - 1903 - 408 σελίδες
...any time of notes upon which partial payments have been made. It is called THE UNITED STATES RULE. I. The rule for casting interest, when partial payments...place, to the discharge of the interest then due. II. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the... | |
 | Oscar Lynn Kelso - 1903 - 302 σελίδες
...Reports, p. 209. The language of Chancellor Kent is as follows : " 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 towards discharging the principal, and the subsequent interest... | |
 | Abraham Clark Freeman - 1903 - 1132 σελίδες
...Interest.— As to the method of computing interest, it is stated by Chancellor Kent to be as follows: "The rule for casting interest when partial payments...the payment, in the first place, to the discharge of tho interest then due. If the payment exceeds the interest, the surplus goes toward discharging the... | |
 | Abraham Clark Freeman - 1903 - 1144 σελίδες
...Chancellor Kent to be as follows: "The rule for casting interest when partial payments have been made, U 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... | |
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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... 
