| Frederick Emerson - 1851 - 342 pages
...computed by the above legal rule. " The rule for casting interest, when partial payments have been mode, 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 subsequent interest... | |
| 1852 - 780 pages
...stated by Chancellor Kent, in the case of The State of Connecticut v. Jackson, in which he says : — "The rule for casting interest, when partial payments...discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent interest... | |
| John Fair Stoddard - 1852 - 320 pages
...on notes, and other obligations, where partial payments have been made, is & follows : — RULE. " Apply the payment, in the first place, to the discharge...~ If the payment exceed the interest, the surplus gnex towards discharging the principal, and the subsequent interest is to be computed on the balance... | |
| 1852 - 780 pages
...Jackson, in which he says : — "The rule for casting interest, when partial payments have been made, м 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 diecharging the principal, and the subsequent interest... | |
| Daniel Leach - 1853 - 622 pages
...computing interest on bonds and notes when partial payments have been endorsed on them : — RULE. " The rule for casting interest, when partial payments...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| Noble Heath - 1855 - 468 pages
...following is the legal one, as stated in the NY Chancery Reports, (see Emerson's Third Part, page 104 :) "The rule for casting interest, when partial payments have been made, is to apply the payments, in the first place, to the discharge of the interest then due. If the payment exceeds the... | |
| James Bates Thomson - 1855 - 436 pages
...United States, is the following. ' L " The rule for casting interest, when partial payments have teen made, is to apply the payment, in the first place, to the dis • charge of the interest then due. ' If. " If the payment exceeds the interest, the surplus goes... | |
| James Robinson - 1856 - 108 pages
...is given in the language of Chancellor Kent of New York. " The rule for computing interest on notes, when partial payments have been made, is to apply...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| Frederick Emerson - 1834 - 340 pages
...given in the Chancellor's own words, as follows. " The rule for casting interest, when partial paymenti have been made, is to apply the payment, in the first...discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent interest... | |
| John Fair Stoddard - 1856 - 312 pages
...interest on notes, and other obligations, where partial payments have been made, is as follows : — " Apply the payment, in the first place, to the discharge...interest then due. If the payment exceed the interest, tht surplus goes towards discharging the principal, and the subsequent interest is to be computed on... | |
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