 | Daniel Leach - 1851 - 280 σελίδες
...interest on bonds and notes when partial payments have been endorsed on them : — RULE. " The rule for casting interest, when partial payments have been...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
 | George Roberts Perkins - 1851 - 356 σελίδες
...indorsements,* the rule adopted by the Supreme Court of the United States is as follows: RULE. " The rule for casting interest, when partial payments have been...discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
 | Frederick Emerson - 1851 - 342 σελίδες
...computed by the above legal rule. " The rule for casting interest, when partial payments have been mode, 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... | |
 | 1852 - 780 σελίδες
...Jackson, in which he says : — "The rule for casting interest, when partial payments have been made, м to apply the payment, in the first place, to the discharge...payment exceeds the interest, the surplus goes toward diecharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | John Fair Stoddard - 1852 - 320 σελίδες
...on notes, and other obligations, where partial payments have been made, is & follows : — RULE. " Apply the payment, in the first place, to the discharge of the interest then due. ~ If the payment exceed the interest, the surplus gnex towards discharging the principal, and the subsequent interest... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1891 - 780 σελίδες
...follows: " When partial payments have been made, apply the payment, in the first place, to the discharging of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
 | Daniel Leach - 1853 - 622 σελίδες
...interest on bonds and notes when partial payments have been endorsed on them : — RULE. " The rule for casting interest, when partial payments have been...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
 | Charles D. Lawrence - 1854 - 336 σελίδες
...States for finding the amounts due on notes on which partial payments have been made, is as follows i "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... | |
 | George Roberts Perkins - 1855 - 388 σελίδες
...indorsements,* the rule adopted by the Supreme Court of the United States is as follows : ' RULE. " The rule for casting interest, when partial payments have been...discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
 | Noble Heath - 1855 - 468 σελίδες
...the legal one, as stated in the NY Chancery Reports, (see Emerson's Third Part, page 104 :) "The rule for casting interest, when partial payments 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... | |
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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... 
