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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 the... "
Cases Argued and Adjudged in the Supreme Court of Florida - 第 443 頁
Florida. Supreme Court 著 - 1848
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Clerks' and Conveyancers' Assistant: A Collection of Forms of Conveyancing ...

Benjamin Vaughan Abbott, Austin Abbott - 1866 - 702 頁
...than fifty. Partial Payments. — 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,...
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The Crittenden Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - 1867 - 216 頁
...called THE 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 the interest due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the...
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THE CRITTENDEN COMMERCIAL ARITHMETIC AND BUSINESS MANUAL

JOHN GROESBECK, - 1868
...called THE 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 the interest due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the...
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Reports of Cases Argued and Determined in the Supreme Court of ..., 第 28 卷

Indiana. Supreme Court, Horace E. Carter, Albert Gallatin Porter, Gordon Tanner, Benjamin Harrison, Michael Crawford Kerr, James Buckley Black, Augustus Newton Martin, Francis Marion Dice, John Worth Kern, John Lewis Griffiths, Sidney Romelee Moon, Charles Frederick Remy - 1868
...them. In Wasson v. Gould, 3 Blackf. 18, the rule of computing interest in such cases is stated to be, " 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,...
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Practical Arithmetic, by Induction and Analysis

Joseph Ray - 1857 - 336 頁
...U. States, is regarded THE LEGAL RULE FOR PARTIAL PAYMENTS. " 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 Int., the surplus goes toward discharging the principal, and...
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Treatise on the Civil and Criminal Jurisdiction of Justices of the Peace and ...

Charles W. Langdon - 1870 - 850 頁
...bearing 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,...
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A Complete Arithmetic: Uniting Mental and Written Exercises in a Natural ...

Emerson Elbridge White - 1870 - 340 頁
...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...
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The Crittendon Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - 1871 - 344 頁
...called THE 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 the interest due. II. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the...
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American Leading Cases: Being Select Decisions of American Courts, in ..., 第 1 卷

John Innes Clark Hare, Horace Binney Wallace - 1871
...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,...
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A Compendium of Commercial Law: Analytically and Topically Arranged, with ...

Calvin Townsend - 1871 - 587 頁
...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,...
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