 | Benjamin Vaughan Abbott, Austin Abbott - 1864 - 808 σελίδες
...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...balance of principal remaining due. If the payment is less than the interest, the surplus of interest must not be taken to augment the principal; but... | |
 | Alonzo Christopher Paige - 1864 - 828 σελίδες
...casting interest, when partial payment* have been made, is to apply the payments 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 is to be computed on the balance of principal... | |
 | 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 payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | George Roberts Perkins - 1865 - 360 σελίδες
...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 is to le computed on the balance of principal remaining due. If the payment be less than the interest, the... | |
 | Benjamin Vaughan Abbott, Austin Abbott - 1866 - 758 σελίδες
...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...balance of principal remaining due. If the payment is less than the interest, the surplus of interest must not be taken to augment the principal ; but... | |
 | John Groesbeck - 1867 - 226 σελίδες
...have been made, is to apply the payment, in the first place, to the discharge of the interest due. II. If the payment exceeds the interest, the surplus goes...computed on the balance of principal remaining due. III. If the payment be less than the interest, the surplus of interest must not be taken to augment... | |
 | 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
...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 then due. If the...subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than the interest, the surplus interest must not... | |
 | John Groesbeck - 1868 - 350 σελίδες
...have been made, is to apply the payment, in the first place, to the discharge of the interest due. II. If the payment exceeds the interest, the surplus goes...computed on the balance of principal remaining due. III. If the payment be less than the interest, the surplus of interest must not be taken to augment... | |
 | Whitman Peck - 1868 - 304 σελίδες
...note. 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 is to be computed on the balance of principal... | |
 | Joseph Ray - 1857 - 358 σελίδες
...FOR PARTIAL PAYMENTS. " 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 Int., the surplus goes toward discharging the principal, and the subsequent Int. is to be computed... | |
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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 the... 
