| George Roberts Perkins - 1869 - 358 σελίδες
...Court of the United States is as follows : RULE. " The rule for casting interest, when partial payment! have been made, is to 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... | |
| Charles W. Langdon - 1870 - 858 σελίδες
...interest, on which have been made partial payments after maturity, the proper method of computing 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... | |
| Emerson Elbridge White - 1870 - 350 σελίδες
...Court of the United States, is called the 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... | |
| John Groesbeck - 1871 - 370 σελίδες
...most of the other States of the Union, and is called THE UNITED STATES RULE. I. The rule for casting interest when partial payments have been made, is...the first place, to the discharge of the interest due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and... | |
| John Innes Clark Hare - 1871 - 952 σελίδες
...payments have been made," said Chancellor Kent, in Connecticut v. Jackson, I Johnson's Chancery, 13, 17, " 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... | |
| Calvin Townsend - 1871 - 620 σελίδες
...Chancellor Kent, of New York, they are thus in that State : 1. When partial payments have been made, apply the payment, in the first place, to the discharge of the interest then due. 2. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the... | |
| John Groesbeck - 1872 - 374 σελίδες
...most of the other States of the Union, and is called THE UNITED STATES RULE. I. The rule for casting interest when partial payments have been made, is...the first place, to the discharge of the interest due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and... | |
| Shelton Palmer Sanford - 1872 - 404 σελίδες
...a decision of tha Supreme Court of the United States. UNITED STATES RULE. I. "The rule for casting interest when partial payments have been made is to...the payment, in the first place, to the discharge of tJie interest then due. II. ulf tJie payment exceeds the interest, the surplus goes toward discharging... | |
| T. A. Bryce - 1873 - 370 σελίδες
...Court of the United States, for casting interest upon bonds, notes, or other obligations, upon wMch 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... | |
| William Johnson - 1873 - 550 σελίδες
...Rom. lib. 22. tit. 1. 6.) The rule for casting interest, when partial payments have Rule for castbeen made, is to apply the payment, in the first place, to the ™Jj[e,e ""artial discharge of the interest then due. If the payment exceeds payments are the interest,... | |
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