| Dominick T. Blake - Civil procedure - 1818 - 706 pages
...the principal, and compute interest upon the balance of principal remaining due, to the next payment. If the payment be less than the interest, the surplus...principal ; and interest is to be computed on the balance of principal as aforesaid. (A) Whether the practice prevailing. among merchants, in settling their... | |
| Nicolas Pike - Arithmetic - 1822 - 536 pages
...computed on the balance of principal remaining due. If the payment be less than the interest, the MMplus of interest must not be taken to augment the principal...principal ; and interest is to be computed on the balance of principal as albresaid." [Johnson's Chancery Reports, Vol. I. page 17.] This Rule contains the following... | |
| Nicolas Pike - Arithmetic - 1822 - 562 pages
...taken to augment the principal; but interest continues on the former principal until the period whett the payments, taken together, exceed the interest...principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports, Vol. I. page 17.] Tiiis Rule contains the... | |
| Nicolas Pike - Arithmetic - 1832 - 538 pages
...until the period when the payments, taken together, exceed the interest due. and then the surplus is W be applied towards discharging the principal ; and interest is to be computed on the balance of principal as aforesaid." [.Johnson's Chancery Reports, Vol. I. page 17.] This Rule contains the... | |
| New York (State). Court of Chancery, William Johnson - Equity - 1824 - 748 pages
...payment be less than the interest, the surplus interest must not be added to the principal ; but the interest continues on the former principal, until...be applied towards discharging the principal, and the interest afterwards computed on the balance of principal. State of Connecticut v. Jackson, 1 JCR... | |
| 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,...principal; and Interest is to be computed on the balance of principal as aforesaid." (Johnson's Chancery Reports, Vol. I. page 17.) This Rule is founded on... | |
| Lyman Cobb - Arithmetic - 1832 - 228 pages
...the payments, taken together, exceed the interest due ; and then the surplus is to be applied toward discharging the principal, and interest is to be computed on the balance of principal as aforesaid." The following Rule was established by the Superiour Court of Massachusetts... | |
| Nicolas Pike - Arithmetic - 1832 - 544 pages
...the payments, taken together, exceed the interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be computed on the balance of principal as aforesaid." [Johnson's Chancery Reports, Vol. I. page 17.] This Rule contains the following... | |
| 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...be applied towards discharging the principal ; and interestjs to be computed on the balance of principal as aforesaid." In the settlement of accounts,... | |
| Frederick Emerson - Arithmetic - 1835 - 300 pages
...for the computation of interest, when partial payments have been made. This rule is well expressed in the New York Chancery Reports, in a case decided by...and interest is to be computed on the balance, as ajoresaid." The interest on the following notes, must be computed by the above legal rule. * (116.)... | |
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