| Nicolas Pike - Arithmetic - 1822 - 536 pages
...kern mailf1, is to apply the payment, in the first place, to the dinebarge of the interest 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... | |
| New York (State). Court of Chancery, William Johnson - Equity - 1824 - 748 pages
...and defended by the Chancellor, in the case of Thompson v. Berry, 3 JCR395. 24. The rule for 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 payment exceeds the interest, the surplus... | |
| Nicolas Pike - Arithmetic - 1832 - 544 pages
...Rule U established for the practice of the Courts in the State of New- York. " The Rule for casting Interest, when partial payments have been made, is...place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent... | |
| Lyman Cobb - Arithmetic - 1832 - 228 pages
...established for the practice of the Courtt ' in the State of New York. "The Rule for casting interest, where partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, and the subsequent... | |
| William Ruger - Arithmetic - 1832 - 282 pages
...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,...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... | |
| Frederick Emerson - Arithmetic - 1834 - 300 pages
...by chancellor KENT, and here given in the Chancellor's own words, as follows. " The rule for casting interest, when partial payments have been made, is...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... | |
| John Preston - Arithmetic - 1834 - 312 pages
...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 of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent... | |
| Indiana. Supreme Court, Isaac Newton Blackford - Law reports, digests, etc - 1836 - 550 pages
...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,...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... | |
| Lyman Cobb - Arithmetic - 1836 - 228 pages
...established far the practice of the Courts in the State of New York. "The Rule for casting interest, where partial payments have been made, is to apply the payment,...place, to the discharge of the interest then due. If the payment exceeds the interest, the surplus goes toward discharging the principal, nnd the subsequent... | |
| George Willson - Arithmetic - 1836 - 202 pages
...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 discharge of the interest then due. If the payment exceeds the interest, the surplus goes towards discharging the principal, and the subsequent... | |
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