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... The Federal Reporter - Halaman 4651926Tampilan utuh - Tentang buku ini
| Nicolas Pike - 1822 - 532 halaman
...disrharge of the interest then due. If the payment exceeds the interest, the surplus goes to wan!? **discharging the principal . and the subsequent interest...computed on the balance of principal remaining due.** If the payment be less than tin- interest, the surplus of interest must not be taken to augment the... | |
| Nicolas Pike - 1822 - 532 halaman
...then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, aud **the subsequent interest is to be computed on the balance of principal remaining due.** If the payment be less than the interest, the MMplus of interest must not be taken to augment the principal... | |
| New York (State). Court of Chancery, William Johnson - 1824
...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...computed on the balance of principal remaining due.** If the payment be less than the interest, the surplus interest must not be added to the principal ;... | |
| Murray Hoffman - 1824 - 437 halaman
...applied in discharge of the interest then due. If tho payment exceeds the interest, the surplus goei **towards discharging the principal, and the subsequent...interest is to be computed on the balance of principal** due. If the payment be IB-IS than the interest, the surplus interest. must not be taken to augment... | |
| William Ruger - 1832 - 263 halaman
...practice qf the Courts in the State of New York : RULE I. — "The Rule for casting Interest, where **partial payments have been made, is to apply the payment,...computed on the balance of principal remaining due.** If the payment be less than the Interest, the surplus of Interest must not be taken to augment the... | |
| Lyman Cobb - 1832 - 216 halaman
...the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward **discharging the principal, and the subsequent interest...computed on the balance of principal remaining due.** If the payment be less than the interest, the surplus of interest must not be taken to augment the... | |
| Frederick Emerson - 1834 - 288 halaman
...Chancery Reports, in a case decided by chancellor KENT, and here given in the Chancellor's own words, **as follows. " The rule for casting interest, when...computed on the balance of principal remaining due.** If the payment be less than the interest, the surplus of interest must not be taken to augment the... | |
| John Preston - 1834 - 297 halaman
...Chancery Reports: of New York, Vol. 1 p. 17. CONNECTICUT v. JACKSON. When part payments have been made, **apply the payment in the first place, to the discharge...computed on the balance of principal remaining due.** If the payment be less than the interest, the surplus of interest must not be taken to augment the... | |
| Indiana. Supreme Court, Isaac Newton Blackford - 1836
...following is the language of Chancellor Kent on this subject: — "The rule for casting interest, where **partial payments have been made, is to apply the payment,...computed on the balance of principal remaining due.** If the payment be less than the interest, the surplus of interest must not be taken to augment the... | |
| George Willson - 1836 - 192 halaman
...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...principal, and the subsequent interest is to be computed** nn the balance of principal remaining due. If the payment be less than the interest, the surplus of... | |
| |