 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 - 562 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 - 536 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 - 748 halaman
...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 - 472 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 - 282 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 - 228 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 - 300 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 - 312 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 - 550 halaman
...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 - 202 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... | |
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