 | George Roberts Perkins - 1869 - 358 pages
...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...discharge of the interest then due. If the payment exceed the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
 | Emerson Elbridge White - 1870 - 350 pages
...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...the payment EXCEEDS the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
 | John Groesbeck - 1871 - 370 pages
...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 to apply the payment,...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... | |
 | Calvin Townsend - 1871 - 620 pages
...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 pages
...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 to apply the payment,...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 pages
...tha Supreme Court of the United States. UNITED STATES RULE. I. "The rule for casting interest when partial payments have been made is to apply 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... | |
 | Joseph Ray - 1856 - 400 pages
...balance due on settlement is found by the/ US RULE FOR/PARTIAL PAYMENTS. "Apply the payment, in fhe first place, to the discharge of the interest then due; if the payment EXCEEDS '"the Merest, the surplus 'goes toward dischdg'ging the principal, and the subsequent interest is to be computed... | |
 | William Johnson - 1873 - 550 pages
...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,... | |
 | Thomas Foster Withrow, Edward Holcomb Stiles - 1875 - 724 pages
...Gr. 76. 8. In computing interest, when partial payments have been made, such payments are applied, in the first place, to the discharge of the interest...the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest should be computed on the principal then... | |
 | Joseph Ray - 1877 - 402 pages
...United States, in reference to Partial Payments, is as follows: " When partial payments have been made, apply the payment, in the first place, to the discharge...the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest is to be computed on the balance of principal... | |
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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 toward discharging the principal, and the... 
