 | United States. Supreme Court - 1883 - 1186 σελίδες
...sufficient, see note to Moore v. Bank of Metropolis, ante,, 302. Intercut, the rule ofcalcvlatttmof. The rule for casting interest, when partial payments have been made, is to apply the payment, in theflrst place, to the discharge of the interest then due. If the payment exceeds1 the interest, the... | |
 | 1925 - 1624 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...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
 | United States. Tax Court - 1943 - 1330 σελίδες
...States rule, and was laid down by Chancellor Kent as follows: "When partial payments have been made, apply the payment in the first place, to the discharge...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
 | United States. Tax Court - 1944 - 1254 σελίδες
...States rule, and was laid down by Chancellor Kent as follows: "When partial payments have been made, apply the payment in the first place, to the discharge...interest then due. If the payment exceeds the interest, Ihe surplus goes towards discharging the principal, and the subsequent Interest is to be computed on... | |
 | Wisconsin. Supreme Court, Abram Daniel Smith, Philip Loring Spooner, Obadiah Milton Conover, Frederic King Conover, Frederick William Arthur, Frederick C. Seibold - 1884 - 768 σελίδες
...not mentioned in the memorandum. 5. When partial payments have been made, the payment is to apply, 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... | |
 | Joseph Ray - 1857 - 340 σελίδες
...U. States, is regarded THE LEGAL RULE FOR PARTIAL PAYMENTS. " 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 be computed... | |
 | Minnesota. Supreme Court - 1897 - 608 σελίδες
...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 have been...is to apply the payment, in the first place, to the disciiarge of the interest then due. If the payment exceeds the interest, the surplus goes towards... | |
 | John Wurts, Edward Franklin White - 1921 - 990 σελίδες
...Computation in general. (1849). When partial payments are made, the rule with respect to interest, is to apply the payment in the first place to the discharge of the interest due at the time of the payment. If the payment exceeds the interest, the surplus must be applied to... | |
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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... 
