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完整檢視 - 關於此書
| United States. Supreme Court - 1911
...Interest, the rule of calculation of. 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,... | |
| Theodore Sedgwick - 1912 - 3400 頁
...which Chancellor Kent said that 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,... | |
| Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - 1917
...Computation— Partial Payments. 1. The rule for casting interest, where 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... | |
| New York (State) - 1917
...enunciated in an early case as follows: "The rule of 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,... | |
| William Mark McKinney, Burdett Alberto Rich - 1918
...Payments; Account Due. — In applying partial payments to an interest bearing debt which is due, the rule **is to apply the payment, in the first place, to the discharge of the interest** then due.3 If the payment exceeds the interest, the surplus goes toward discharging the principal,*... | |
| 1919
...567, 164 Рас. 583, 1184. 5. The rule for casting interest, where 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... | |
| 1924
...17. It was stated as follows: '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... | |
| North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - 1921
...payments are so made, the rule commonly known as the United States rule is generally applied. That rule **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... | |
| United States. Tax Court - 1943
...States rule, and was laid down by Chancellor Kent as follows: "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 towards discharging the principal,... | |
| John Wurts, Edward Franklin White - 1921
...53 Fla. 768, 43 So. 969, 125 Am. St. 1096, 12 Ann. Cas. 540. § 5. Computation in general. (1849). **When partial payments are made, the rule with respect...to the discharge of the interest due at the time of** the payment. If the payment exceeds the interest, the surplus must be applied to the discharge of the... | |
| |