 | D. M. Garrett - 1886 - 210 σελίδες
...these rules, and the pupil can see the difference readily. The United States Rule. I. — The rule for casting interest when partial payments have been...place, to the discharge : of the interest then due. INTEREST. II. — If the payment exceeds the interest, the surplus goes towards discharging the principal,... | |
 | Waite A. Schoemaker - 1887 - 454 σελίδες
...Indorsement. The interest upon such notes is computed by the United States Rule. The rule for easting interest when partial payments have been made is to...the first place, to the discharge of the interest due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the... | |
 | California. Supreme Court - 1888 - 568 σελίδες
...Chancellor Kent, in Connecticut v. Jackson, 1 John. Ch. 13. "The rule for casting interest," he says, "when partial payments have been made, is to apply...the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest is to be computed on the balance of... | |
 | Henry Stanton Tiffany - 1890 - 96 σελίδες
...cent. divide by 8 15 Per cent. divide by 24 18 Per cent, divide by 2 20 Per cent. divide by 18 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... | |
 | John Davison Lawson - 1890 - 944 σελίδες
...held the rule for casting interest, when partial payments have been made, to be, to apply the payments 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... | |
 | Emerson Elbridge White - 1883 - 370 σελίδες
...UNITED STATES RULE. Tf7ien partial payments have been made, apply the payment, in the ßrst piare, to the discharge of the interest then due. If the payment EXCEEDS the interest, the surplus goes tolrard discharging the principal, and the subsequent interest is to be computed on the balance of... | |
 | 1891 - 1248 σελίδες
...principal. "The rule for canting interest," says Chancellor KENT, in State v. Jackson, 1 Johns. Ch. 13, "when partial payments have been made, is to apply the payment in the first place to thedischarge of the interest then due. If the payment exceeds the interest, the surplus goes towads... | |
 | Abraham Clark Freeman - 1891 - 1028 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... | |
 | John Edward King - 1891 - 254 σελίδες
...payments nor interest shall bear interest, and when payments have been made the payment shall be applied in the first place to the discharge of the interest then due. The balance of the payments is applied to the discharge of the principal. 472. Find the amount due... | |
 | Jabez Gridley Sutherland - 1893 - 1132 σελίδες
...payments are made on a money demand after maturity, the payment is applied in the first place to discharge 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... | |
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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... 
