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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... "
Practical Arithmetic, Uniting the Inductive with the Synthetic Mode of ... - Σελίδα 221
των James Bates Thomson - 1846 - 336 σελίδες
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A New System of Arithmetick: In which the Rules are Familiarly Demonstrated ...

William Ruger - 1836 - 274 σελίδες
...practice of the Courts in the Slate of New-York : RULE I.—" The Rule for casting Interest, where partial payments have been made, is to apply the payment, in the first place, to the dis-' charge of the interest then due. If the payment exceeds the interest, the surplus goes towards...

The Common School Arithmetic ...: To which is Added a Dictionary of ...

Peirpont Edward Bates Botham - 1837 - 252 σελίδες
...practice of tke Courts in the State of New York: RULE : — " The Rule for casting Interest, where partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent...

A Digest of the Cases Decided and Reported in the Supreme Court of ...

William Johnson - 1837 - 678 σελίδες
...defended by the chancellor, in the case of Thompson v. Berry, 3 JCR 395. 1069. The rule for casting interest, when partial payments have been made, is to apply the payment, in the first instance, to the discharge of the interest then due. If the payment exceeds the interest, the surplus...

A Practical and Theoretical System of Arithmetic: Containing a New System of ...

George Willson - 1838 - 194 σελίδες
...Chancellor Kent, of the state of New- York. According to this decision, the method of 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 towards discharging the principal, and the subsequent...

The North American Review, Τόμος 49

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839 - 572 σελίδες
...New York Chancery Reports, this rule is thus stated by Chancellor Kent ; — " The rule for casting interest, when partial payments have been made, is...place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent...

The North American Review, Τόμος 49

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1839 - 536 σελίδες
...New York Chancery Reports, this rule is thus stated by Chancellor Kent ; — " The rule for casting interest, when partial payments have been made, is...place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent...

The North American Arithmetic: For Advanced Scholars. part third

Frederick Emerson - 1839 - 300 σελίδες
...chancellor KENT, and here given in the Chancellor's own words, as follows. " The rule for casting inter eft, when partial payments have been made, is to apply...place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent...

The North American Arithmetic: Part Third, for Advanced Scholars

Frederick Emerson - 1839 - 300 σελίδες
...chancellor KENT, and here given in the Chancellor's own words, as follows. " The rule for casting intereft, when partial payments have been made, is to apply the payment, in the Jin,t place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus...

A Treatise on the Civil Jurisdiction of Justices of the Peace in ..., Μέρος 2

Esek Cowen - 1841 - 698 σελίδες
...Chancellor Kent, is laid down by him in nearly the same words. ' The rule' (says he) ' for casting interest, when partial payments have been made, is...place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent...

Higher Arithmetic: Designed for the Use of High Schools, Academies, and Colleges

George Roberts Perkins - 1841 - 274 σελίδες
...which was given by Chancellor KENT, in the New York Chancery Reports: RULE. " The rule for casting interest, when partial payments have been made, is...place, to the discharge of the interest then due. If the payment exceed the in. lerest, the surplus goes towards discharging the principal, and the subsequent...




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